Mercantil Servicios Financieros, C.A. (CCSE:MVZ.A)

CCSE:MVZ.A Balance Sheet

Financials in millions VES. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	43,636	6,138	6,299	3,917	901.72	128.28
Investment Securities	907	762.57	442.74	202.43	41.07	24.59
Trading Asset Securities	320	644.29	529.02	247.54	33.8	-
Total Investments	1,227	1,407	971.76	449.97	74.87	24.59
Gross Loans	26,103	14,391	8,683	2,202	255.44	32.74
Allowance for Loan Losses	-1,671	-436.32	-219.26	-54.38	-5.34	-0.75
Net Loans	24,432	13,954	8,463	2,147	250.11	31.99
Property, Plant & Equipment	-	6,884	4,677	2,104	290.02	26.03
Accrued Interest Receivable	-	211.94	73.52	14.32	1.23	0.33
Other Receivables	-	-	-	1,265	266.37	12.55
Restricted Cash	-	12,280	3,959	1,115	299.49	53.52
Other Current Assets	-	-	-	301.58	199.56	12.02
Long-Term Deferred Tax Assets	-	-	-	-	-	0
Other Real Estate Owned & Foreclosed	-	5.02	10.52	1.07	0.94	0.26
Other Long-Term Assets	37,305	9,389	5,160	276.57	75.01	18.27
Total Assets	106,600	50,269	29,614	11,619	2,372	308.47
Accounts Payable	-	-	-	-	0.11	0.07
Accrued Expenses	-	-	-	1,085	197.44	26.51
Interest Bearing Deposits	8,296	4,665	2,833	3,814	811.43	83.74
Non-Interest Bearing Deposits	39,751	19,581	10,660	1,260	284.8	37.93
Total Deposits	48,047	24,246	13,493	5,074	1,096	121.67
Short-Term Borrowings	2,598	1,126	1,440	3.49	10.43	2.64
Current Income Taxes Payable	-	-	-	-	0.37	0.18
Accrued Interest Payable	-	64.32	47.28	0.5	0.91	0.05
Other Current Liabilities	-	-	-	71.05	74.61	6.25
Long-Term Debt	-	-	-	16.25	-	-
Long-Term Unearned Revenue	-	-	-	850.07	157.03	5.4
Pension & Post-Retirement Benefits	-	-	-	-	0	0.05
Long-Term Deferred Tax Liabilities	-	-	-	920.56	138.42	23.01
Other Long-Term Liabilities	31,052	14,140	8,570	917.13	306.16	19.95
Total Liabilities	81,697	39,577	23,550	8,939	1,982	205.76
Common Stock	24,597	178.99	178.99	182.41	-	-
Retained Earnings	-	5,727	2,547	977.69	-180.6	55.31
Comprehensive Income & Other	-	4,584	3,233	1,511	569.03	47.26
Total Common Equity	24,597	10,490	5,959	2,671	388.43	102.57
Minority Interest	306	202.3	105.5	9.62	1.42	0.13
Shareholders' Equity	24,903	10,692	6,064	2,680	389.85	102.7
Total Liabilities & Equity	106,600	50,269	29,614	11,619	2,372	308.47
Total Debt	2,598	1,126	1,440	19.74	10.43	2.64
Net Cash (Debt)	41,898	5,905	5,572	4,223	932.79	125.64
Net Cash Growth	426.59%	5.98%	31.93%	352.75%	642.41%	2479.66%
Net Cash Per Share	400.29	56.41	54.32	41.39	9.14	1.23
Filing Date Shares Outstanding	104.67	104.67	104.67	104.76	104.76	104.76
Total Common Shares Outstanding	104.67	104.67	104.67	104.76	104.76	104.76
Book Value Per Share	235.00	100.22	56.93	25.49	3.71	0.98
Tangible Book Value	24,597	10,490	5,959	2,671	388.43	102.57
Tangible Book Value Per Share	235.00	100.22	56.93	25.49	3.71	0.98

Source: S&P Global Market Intelligence. Banks template. Financial Sources.