As of November 12, 2021, was acquired by Independent Bank Corp.
Research context
Meridian Bancorp Inc appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Financial Services
- Industry
- Banks - Regional
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
5 years, 6 months ago
Meridian Bancorp, Inc is currently in a long term uptrend where the price is trading 15.0% above its 200 day moving average.
From a valuation standpoint, the stock is 49.3% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 4.6.
Meridian Bancorp, Inc's total revenue rose by 21.1% to $57M since the same quarter in the previous year.
Its net income has increased by 6.2% to $18M since the same quarter in the previous year.
Finally, its free cash flow grew by 126.3% to $33M since the same quarter in the previous year.
Based on the above factors, Meridian Bancorp, Inc gets an overall score of 5/5.