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Meridian (Meridian) Mortgage Backed Securities (USD Mil) : 55.36 (As of Dec. 2023)


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What is Meridian Mortgage Backed Securities (USD Mil)?

Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.

Meridian's Mortgage Backed Securities (USD Mil) for the quarter that ended in Dec. 2023 was 55.36 , which is higher than 40.73 for the pervious quarter ended in Sep. 2023.

Meridian's Mortgage Backed Securities (USD Mil) for the annual that ended in Dec. 2023 was 55.36 , which is higher than 35.06 for the pervious year ended in Dec. 2022.

The historical rank and industry rank for Meridian's Mortgage Backed Securities (USD Mil) or its related term are showing as below:


Meridian Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Meridian's Mortgage Backed Securities (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Meridian Mortgage Backed Securities (USD Mil) Chart

Meridian Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Mortgage Backed Securities (USD Mil)
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Average Interest Earning Assets (USD Mil)
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MeridianQuarterly Data
Trend Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Mortgage Backed Securities (USD Mil)
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Competitive Comparison of Meridian's Mortgage Backed Securities (USD Mil)

For the Banks - Regional subindustry, Meridian's Mortgage Backed Securities (USD Mil), along with its competitors' market caps and Mortgage Backed Securities (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Meridian  (NAS:MRBK) Mortgage Backed Securities (USD Mil) Explanation

Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.


Meridian Mortgage Backed Securities (USD Mil) Related Terms

Thank you for viewing the detailed overview of Meridian's Mortgage Backed Securities (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.


Meridian (Meridian) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Meridian Corp (NAS:MRBK) » Definitions » Mortgage Backed Securities (USD Mil)
Traded in Other Exchanges
N/A
Address
9 Old Lincoln Highway, Malvern, PA, USA, 19335
Meridian Corp is a full-service, state-chartered commercial bank providing personal, business lending, and deposit services. It operates in three business segments including Bank, Wealth, and Mortgage. The Bank segment consists of commercial and retail banking. The mortgage division consists of a mortgage consultant's guide. Its mortgage portfolio includes commercial mortgage, home equity, residential mortgage, construction, commercial, industrial, and consumer loans. It generates maximum revenue from the Bank segment.
Executives
Denise Lindsay director, officer: Exec Vice President and CFO 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Anthony Mark Imbesi director 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Christopher J. Annas director, officer: Chairman & CEO 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Robert M. Casciato director 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Robert T. Holland director 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Edward J. Hollin director 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Christine Marie Helmig director 575 WELLINGTON SQUARE, UNIT 205, EXTON PA 19341
Collier George C. Iii director 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Charles D. Kochka officer: Chief Lending Officer 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Kenneth H. Slack director 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Joseph L. Cafarchio officer: Chief Credit Officer 9 OLD LINCOLN HIGHWAY, MALVERN PA 19355
Randall J Mcgarry officer: Chief Information Officer 4390 DAVISVILLE ROAD, HATBORO PA 19040

Meridian (Meridian) Headlines

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