Meridian Corp

MRBK has broken a key support level with strong selling pressure, shifting medium-term bias to bearish. Price is below major EMAs with a flat-to-down slope, and while oversold conditions exist, there is no clear reversal structure. We prefer to defer bearish entries on any rally into the former support-turned-resistance area around the 9/20/50 EMA cluster.

• ↑NIM reached 3.82% in Q1 2026, boosting net interest income
• ↑Pre-provision net revenue rose 21% YoY to $10.1 M in Q1
• ↓Bad loans ratio at 2.7% with only 36% allowance coverage