{"id":3325,"date":"2017-11-03T10:55:50","date_gmt":"2017-11-03T14:55:50","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=3325"},"modified":"2017-11-03T10:56:22","modified_gmt":"2017-11-03T14:56:22","slug":"meridian-bank-mrbk-ipo-preview","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/meridian-bank-mrbk-ipo-preview\/","title":{"rendered":"Meridian Bank (MRBK) #IPO Preview"},"content":{"rendered":"

\"MeridianBankLogo\"<\/a><\/p>\n

Company: Meridian Bank<\/strong>
\nSymbol: MRBK
\nDescription: Meridian Bank is a full-service, state-chartered commercial bank with offices in the greater Philadelphia metropolitan market.
\nShares: 2.22 million
\nPrice Range: $17.00-$19.00
\nTrade Date: 11\/7
\nUnderwriter(s): Sandler O’ Neill + Partners
\nCo-Manager(s): Keefe Bruyette & Woods, D.A. Davidson<\/p>\n

Link to S-1\/A Prospectus<\/a><\/strong><\/p>\n

Link to Retail Roadshow<\/a><\/strong><\/p>\n

Business<\/strong>:<\/p>\n

As a full-service community bank, Meridian offers products to meet our retail and commercial customer\u2019s needs through three principal business line unit distribution channels. Their\u00a0primary focus is to serve small and middle-market businesses and their executives, entrepreneurs, real estate investors, professionals and high net worth individuals with a variety of financial services and solutions, while maintaining a disciplined approach to risk management. They have invested heavily in commercial lenders and operations personnel to take advantage of what they believe would be significant account turnover among banks due to local merger activity.<\/p>\n

FINANCIALS:\u00a0<\/strong>As of June 30, 2017, they had total assets of $780.7 million, total loans, net of fees and costs, of $648.4 million, total deposits of $559.5 million and total stockholders\u2019 equity of $71.1 million.<\/p>\n

Financial IPOs in 2017<\/strong><\/p>\n

\"FinancialIPOs11032017\"<\/a><\/p>\n

Book-Building Status<\/strong>: The way the book comes together during the week of the roadshow is the most critical indicator to first-day and first-week performance. IPO Boutique uses its 45 years of experience and sources all over the street to gather daily subscription levels, specific price guidance and what type of investors are currently in the book or are anchoring orders in the book. In addition, recent underwriter performance on sector specific deals is a strong factor that IPO Boutique takes into account when determining if our clients should indicate for any offering.<\/p>\n

IPO Boutique subscription clients receive daily updates on this critical information.<\/span><\/a><\/p>\n

Conclusion<\/strong>: IPO Boutique provides ratings, daily commentary and a forecast for how this IPO will open vs. its offering price. We have kept a\u00a0track record<\/span><\/a>\u00a0with our performance for last 12 years at our website. Additionally, we have our latest performance results with commentary from the month of May\u00a0by\u00a0<\/span>clicking here<\/span><\/a>.<\/span><\/p>\n

Indicate with confidence,\u00a0<\/b>SUBSCRIBE<\/b><\/a>\u00a0today.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Company: Meridian Bank Symbol: MRBK Description: Meridian Bank is a full-service, state-chartered commercial bank with offices in the greater Philadelphia metropolitan market. Shares: 2.22 million Price Range: $17.00-$19.00 Trade Date: 11\/7 Underwriter(s): Sandler O’ Neill + Partners Co-Manager(s): Keefe Bruyette & Woods, D.A. Davidson Link to S-1\/A Prospectus Link to Retail Roadshow Business: As a[…]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[24],"tags":[1402],"class_list":["post-3325","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-mrbk"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=3325"}],"version-history":[{"count":2,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3325\/revisions"}],"predecessor-version":[{"id":3330,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3325\/revisions\/3330"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=3325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=3325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=3325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}