Segall Bryant & Hamill LLC Acquires New Shares in Meridian Bank

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Segall Bryant & Hamill LLC, an investment management firm, acquired a new position in shares of Meridian Bank (NASDAQ:MRBK) during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The firm purchased 126,424 shares of the company's stock, valued at approximately $1,996,000, giving it a 1.10% ownership stake in Meridian Bank.

Why it matters

This acquisition signals that Segall Bryant & Hamill sees potential in Meridian Bank's future performance and growth prospects. As a regional bank serving the Greater Philadelphia area, Meridian Bank's fortunes are tied to the economic health of the region, making this a notable investment in the local financial services industry.

The details

Segall Bryant & Hamill, a Chicago-based investment management firm, added the Meridian Bank shares to its portfolio in the third quarter of 2025. The 126,424 shares acquired represent about 1.10% of Meridian Bank's outstanding stock. Several other large institutional investors have also recently bought and sold Meridian Bank shares, indicating increased interest in the regional bank.

• Segall Bryant & Hamill acquired the Meridian Bank shares in the third quarter of 2025.
• Meridian Bank is a NASDAQ-listed company.