What is Meridian's wealth — mortgage banking income?

Meridian (MRBK) reported wealth — mortgage banking income of $0 in Q1 2026.

What does wealth — mortgage banking income mean?

Represents revenue generated by the wealth management segment through mortgage-related activities, such as loan origination fees, servicing fees, or gains on the sale of mortgage loans. It highlights the segment's diversification into mortgage-related financial services.

Meridian MRBK Wealth — Mortgage banking income

Other segment segments

Mortgage

$4.48M+32.8%

Bank

$45K+150%

Similar metrics at other companies

TRMKWealth Management — Mortgage Banking Income

$0—

FNBWealth Management — Mortgage banking operations

$0—

WFCWealth And Investment Management — Mortgage banking

-$3M+25.0%

FHNCommercial, Consumer & Wealth — Mortgage banking income

$0—

MSBIBanking — Wealth management revenue

$0—

FBKMortgage — Mortgage banking income

$12.25M-1.4%

Other financials

Income statement

See full

Revenue$30.2M+11.6%

Net income$2.0M-16.4%

EPS (diluted)$0.17-19.0%

Balance sheet

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Cash & equivalents$28.3M-78.5%

Total debt$110.2M+5.2%

Total equity$200.2M+15.4%

Total assets$2.6B+1.9%

Cash flow

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Operating cash flow$2.9M-84.2%

CapEx$227.0K-12.4%

Free cash flow$2.6M-85.2%

Valuation

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Market cap$238.16M+68.8%

Enterprise value$320.14M+56.7%

P/E11.1×+3.4×

P/S1.8×+0.7×

Profitability

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Net margin16.5%+2.5pp

FCF margin16.4%-12.9pp

Returns & leverage

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Return on equity11.5%+1.8pp

Debt / equity0.6×-0.1×

Where this comes from

Reported directly by Meridian in its filing.

Tagged under the XBRL concept us-gaap:FeesAndCommissionsMortgageBankingAndServicing.

The official record: Meridian’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Meridian's wealth — mortgage banking income?: Meridian (MRBK) reported wealth — mortgage banking income of $0 in Q1 2026.
What does wealth — mortgage banking income mean?: Represents revenue generated by the wealth management segment through mortgage-related activities, such as loan origination fees, servicing fees, or gains on the sale of mortgage loans. It highlights the segment's diversification into mortgage-related financial services.