Meridian Bank’s ‘High-Performance Culture’ Helps It Earn ‘Sm-All Star’ Status

Mark Hostutler
By
Image via Meridian Bank.

Meridian Bank has earned a spot on Piper Sandler’s annual list of top-performing U.S. small-cap banks and thrifts, also known as the “Sm-All Stars.”

Piper Sandler, a leading middle-market investment bank and institutional securities firm, publishes this list annually in order to “uncover the next crop of stellar mid-cap banks before they are discovered by the rest of the world.”

To earn “Sm-All Star” status, companies needed to have a market cap below $2.5 billion, and needed to out-perform industry medians in the following metrics: earnings per share (EPS) growth, loan growth, deposit growth, and return on average equity (ROAE).

Meridian ranked second on the Sm-All Stars List in EPS growth at 66 percent, compared to the national median of -8.6 percent. Meridian also ranked second on the list in loan growth with 42.7 percent, compared to the national median of 14 percent.

“Our inclusion on this distinguished list is a reflection of the effort and commitment of the entire Meridian team,” said Chris Annas, CEO of Meridian Bank. “I’m proud of our people and the high-performance culture we’ve cultivated and look forward to building this franchise together.”

Click here to learn more about Meridian Bank.

You Might Also Like

Meridian Bank Hires 70-Person Mortgage Team Based in Maryland

Developers Partner with Meridian Bank to Bring New Boutique Apartments to Phoenixville

Paoli Fire Co. One of More Than 900 Organizations That Turned to Meridian Bank for PPP Loans

Advertisement