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	23,395	6,138	6,299	3,917	901.72	128.28
Investment Securities	2,095	762.57	442.74	202.43	41.07	24.59
Trading Asset Securities	1,306	644.29	529.02	247.54	33.8	-
Total Investments	3,401	1,407	971.76	449.97	74.87	24.59
Gross Loans	26,104	14,391	8,683	2,202	255.44	32.74
Allowance for Loan Losses	-1,672	-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	16,411	6,884	4,677	2,104	290.02	26.03
Accrued Interest Receivable	133.02	211.94	73.52	14.32	1.23	0.33
Other Receivables	9,449	-	-	1,265	266.37	12.55
Restricted Cash	19,567	12,280	3,959	1,115	299.49	53.52
Other Current Assets	2,262	-	-	301.58	199.56	12.02
Long-Term Deferred Tax Assets	-	-	-	-	-	0
Other Real Estate Owned & Foreclosed	46.1	5.02	10.52	1.07	0.94	0.26
Other Long-Term Assets	2,951	9,389	5,160	276.57	75.01	18.27
Total Assets	105,927	50,269	29,614	11,619	2,372	308.47
Accounts Payable	-	-	-	-	0.11	0.07
Accrued Expenses	10,572	-	-	1,085	197.44	26.51
Interest Bearing Deposits	25,572	4,665	2,833	3,814	811.43	83.74
Non-Interest Bearing Deposits	21,802	19,581	10,660	1,260	284.8	37.93
Total Deposits	47,374	24,246	13,493	5,074	1,096	121.67
Short-Term Borrowings	377.72	1,126	1,440	3.49	10.43	2.64
Current Income Taxes Payable	-	-	-	-	0.37	0.18
Accrued Interest Payable	62.89	64.32	47.28	0.5	0.91	0.05
Other Current Liabilities	475.43	-	-	71.05	74.61	6.25
Long-Term Debt	2,209	-	-	16.25	-	-
Long-Term Unearned Revenue	6,441	-	-	850.07	157.03	5.4
Pension & Post-Retirement Benefits	-	-	-	-	0	0.05
Long-Term Deferred Tax Liabilities	8,121	-	-	920.56	138.42	23.01
Other Long-Term Liabilities	5,389	14,140	8,570	917.13	306.16	19.95
Total Liabilities	81,023	39,577	23,550	8,939	1,982	205.76
Common Stock	178.99	178.99	178.99	182.41	-	-
Retained Earnings	13,976	5,727	2,547	977.69	-180.6	55.31
Comprehensive Income & Other	10,443	4,584	3,233	1,511	569.03	47.26
Total Common Equity	24,598	10,490	5,959	2,671	388.43	102.57
Minority Interest	305.83	202.3	105.5	9.62	1.42	0.13
Shareholders' Equity	24,904	10,692	6,064	2,680	389.85	102.7
Total Liabilities & Equity	105,927	50,269	29,614	11,619	2,372	308.47
Total Debt	2,587	1,126	1,440	19.74	10.43	2.64
Net Cash (Debt)	22,657	5,905	5,572	4,223	932.79	125.64
Net Cash Growth	184.77%	5.98%	31.93%	352.75%	642.41%	2479.66%
Net Cash Per Share	216.46	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	235.01	100.22	56.93	25.49	3.71	0.98
Tangible Book Value	24,598	10,490	5,959	2,671	388.43	102.57
Tangible Book Value Per Share	235.01	100.22	56.93	25.49	3.71	0.98

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