Meritz Financial Group Inc. (KRX: 138040)

Meritz Financial Group Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	4,629,522	4,928,102	5,922,682	5,758,120	3,574,587	3,115,376
Investment Securities	2,071,041	2,617,200	4,975,892	3,159,745	2,949,602	2,587,285
Trading Asset Securities	59,784,937	74,829,241	60,826,925	48,884,666	43,234,050	36,066,271
Total Investments	61,855,977	77,446,441	65,802,817	52,044,411	46,183,651	38,653,556
Gross Loans	26,732,786	13,312,038	10,435,925	15,486,072	12,416,535	13,428,068
Allowance for Loan Losses	-285,402	-282,765	-180,280	-162,124	-196,012	-198,537
Other Adjustments to Gross Loans	-	-	-	-31	-47	-58
Net Loans	26,447,384	13,029,273	10,255,645	15,323,917	12,220,476	13,229,473
Property, Plant & Equipment	2,676,624	2,440,385	2,541,491	2,331,017	1,792,198	1,807,202
Other Intangible Assets	96,193	80,504	80,798	385,706	455,070	531,472
Investments in Real Estate	719,538	689,595	754,271	420,368	315,165	481,777
Accrued Interest Receivable	499,695	460,730	326,694	381,037	293,814	318,129
Other Receivables	1,670,931	616,011	854,942	1,012,109	772,814	500,057
Other Current Assets	636,100	615,473	504,458	234,822	146,271	192,489
Long-Term Deferred Tax Assets	282,687	14,322	177,875	339,753	185,669	148,065
Other Long-Term Assets	5,339,630	1,893,421	1,729,570	3,771,740	3,598,264	2,761,591
Total Assets	104,854,282	102,235,843	88,977,399	82,030,937	69,564,426	61,764,074
Accrued Expenses	1,589,036	1,636,216	1,446,715	1,194,098	860,401	717,518
Interest Bearing Deposits	12,087,139	2,082,502	1,882,752	2,536,268	1,945,558	2,293,098
Total Deposits	12,087,139	2,082,502	1,882,752	2,536,268	1,945,558	2,293,098
Short-Term Borrowings	15,607,603	17,024,050	16,144,355	15,895,096	14,153,640	10,051,461
Current Income Taxes Payable	418,111	205,116	298,524	392,015	315,968	204,255
Other Current Liabilities	17,694,509	19,865,212	14,579,261	10,579,507	7,573,843	7,287,916
Long-Term Debt	39,818,926	48,137,585	43,418,354	41,585,426	34,847,353	33,144,951
Long-Term Unearned Revenue	407,039	444,134	431,191	289,828	277,155	274,661
Pension & Post-Retirement Benefits	103.27	101.93	159.99	359.76	811.73	5,407
Long-Term Deferred Tax Liabilities	330,634	371,188	25,903	85,779	210,119	349,564
Other Long-Term Liabilities	6,662,452	2,372,553	2,208,214	2,589,271	2,502,267	1,473,374
Total Liabilities	94,615,552	92,138,658	80,435,429	75,147,648	62,687,116	55,802,206
Common Stock	113,094	113,094	71,443	71,443	71,443	71,443
Additional Paid-In Capital	124,847	125,355	63,236	663,230	663,230	662,869
Retained Earnings	7,821,910	7,610,654	4,081,877	2,807,922	2,150,182	1,811,028
Treasury Stock	-277,216	-546,527	-163,522	-130,473	-6,278	-46,299
Comprehensive Income & Other	1,851,267	2,279,331	890,937	308,812	470,644	249,410
Total Common Equity	9,633,901	9,581,907	4,943,971	3,720,934	3,349,221	2,748,451
Minority Interest	604,829	515,278	3,597,999	3,162,355	3,528,088	3,213,417
Shareholders' Equity	10,238,731	10,097,185	8,541,971	6,883,289	6,877,309	5,961,868
Total Liabilities & Equity	104,854,282	102,235,843	88,977,399	82,030,937	69,564,426	61,764,074
Total Debt	55,426,528	65,161,635	59,562,709	57,480,521	49,000,993	43,196,412
Net Cash (Debt)	10,169,234	16,200,451	11,236,514	-459,651	-59,023	-2,499,766
Net Cash Growth	-45.86%	44.18%	-	-	-	-
Net Cash Per Share	53248.27	88193.68	90712.74	-3558.31	-446.93	-18191.36
Filing Date Shares Outstanding	185.01	189.9	121.06	125.74	131.63	134.74
Total Common Shares Outstanding	185.01	189.9	121.06	125.74	131.63	134.74
Book Value Per Share	52072.04	50456.85	40840.07	29591.32	25445.05	20398.63
Tangible Book Value	9,537,708	9,501,403	4,863,173	3,335,229	2,894,151	2,216,979
Tangible Book Value Per Share	51552.11	50032.92	40172.63	26523.93	21987.75	16454.12

Source: S&P Capital IQ. Banks template. Financial Sources.