Split History
MRBK split history picture
Meridian (MRBK) has 4 splits in our MRBK split history database. The first split for MRBK took place on October 01, 1993. This was a 3 for 2 split, meaning for each 2 shares of MRBK owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. MRBK's second split took place on July 01, 1997. This was a 3 for 2 split, meaning for each 2 shares of MRBK owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split. MRBK's third split took place on January 30, 2006. This was a 3 for 2 split, meaning for each 2 shares of MRBK owned pre-split, the shareholder now owned 3 shares. For example, a 2250 share position pre-split, became a 3375 share position following the split. MRBK's 4th split took place on March 21, 2023. This was a 2 for 1 split, meaning for each share of MRBK owned pre-split, the shareholder now owned 2 shares. For example, a 3375 share position pre-split, became a 6750 share position following the split.

When a company such as Meridian splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the MRBK split history from start to finish, an original position size of 1000 shares would have turned into 6750 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Meridian shares, starting with a $10,000 purchase of MRBK, presented on a split-history-adjusted basis factoring in the complete MRBK split history. MRBK split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 11/08/2017
End date: 06/21/2024
Start price/share: $8.95
End price/share: $10.20
Starting shares: 1,117.32
Ending shares: 1,359.30
Dividends reinvested/share: $2.56
Total return: 38.65%
Average Annual Total Return: 5.06%
Starting investment: $10,000.00
Ending investment: $13,864.30
Years: 6.62
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 11/08/2017
End date: 06/21/2024
Start price/share: $8.95
End price/share: $10.20
Dividends collected/share: $2.56
Total return: 42.60%
Average Annual Total Return: 5.51%
Starting investment: $10,000.00
Ending investment: $14,262.14
Years: 6.62
Meridian is a bank holding company. Through its subsidiary, Meridian Bank, Co. has three principal business line distribution channels: Commercial Banking, which serves commercial and consumer customers via deposits and treasury management, commercial and industrial lending and leasing, commercial real estate lending, small business lending, and title and land settlement services; Mortgage Banking, which operates and originates mortgage loans in the Delaware Valley tri-state market, and Maryland markets; and Wealth Management and Advisory Services, which provides wealth management services and products and the guidance to help its clients and its banking customers prepare for the future. According to our MRBK split history records, Meridian has had 4 splits.
Date Ratio
10/01/19933 for 2
07/01/19973 for 2
01/30/20063 for 2
03/21/20232 for 1
MRBK is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:

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MVBF Split History

Also explore: MRBK shares outstanding history

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