Is Meridian Corp. (Pennsylvania) overvalued or undervalued?

As of 3 October 2025, the valuation grade for Meridian Corp. (Pennsylvania) has moved from attractive to very attractive, indicating a stronger position in the market. The company appears undervalued, supported by a P/E ratio of 10, a Price to Book Value of 0.88, and an EV to EBITDA of 8.05. In comparison to peers, LINKBANCORP, Inc. has a P/E of 7.19, while Hawthorn Bancshares, Inc. has a P/E of 11.27, suggesting that Meridian Corp. is priced competitively within its industry.
Despite recent struggles, with a 3-year return of -49.90% compared to the S&P 500's 82.57%, the company's 1-year return of 18.94% outperformed the index's 17.82%. This performance, along with its attractive valuation metrics, reinforces the view that Meridian Corp. is currently undervalued in the market.