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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	4,944,330	4,928,102	5,922,682	5,758,120	3,574,587	3,115,376
Investment Securities	2,443,951	2,617,200	4,975,892	3,159,745	2,949,602	2,587,285
Trading Asset Securities	79,230,738	74,829,241	60,826,925	48,884,666	43,234,050	36,066,271
Total Investments	81,674,688	77,446,441	65,802,817	52,044,411	46,183,651	38,653,556
Gross Loans	14,067,612	13,312,038	10,435,925	15,486,072	12,416,535	13,428,068
Allowance for Loan Losses	-284,272	-282,765	-180,280	-162,124	-196,012	-198,537
Other Adjustments to Gross Loans	-	-	-	-31	-47	-58
Net Loans	13,783,340	13,029,273	10,255,645	15,323,917	12,220,476	13,229,473
Property, Plant & Equipment	2,696,753	2,440,385	2,541,491	2,331,017	1,792,198	1,807,202
Other Intangible Assets	95,192	80,504	80,798	385,706	455,070	531,472
Investments in Real Estate	716,920	689,595	754,271	420,368	315,165	481,777
Accrued Interest Receivable	506,437	460,730	326,694	381,037	293,814	318,129
Other Receivables	1,495,287	616,011	854,942	1,012,109	772,814	500,057
Other Current Assets	630,959	615,473	504,458	234,822	146,271	192,489
Long-Term Deferred Tax Assets	248,154	14,322	177,875	339,753	185,669	148,065
Other Long-Term Assets	5,106,269	1,893,421	1,729,570	3,771,740	3,598,264	2,761,591
Total Assets	111,898,330	102,235,843	88,977,399	82,030,937	69,564,426	61,764,074
Accrued Expenses	1,597,632	1,636,216	1,446,715	1,194,098	860,401	717,518
Interest Bearing Deposits	12,613,307	2,082,502	1,882,752	2,536,268	1,945,558	2,293,098
Total Deposits	12,613,307	2,082,502	1,882,752	2,536,268	1,945,558	2,293,098
Short-Term Borrowings	17,173,728	17,024,050	16,144,355	15,895,096	14,153,640	10,051,461
Current Income Taxes Payable	347,033	205,116	298,524	392,015	315,968	204,255
Other Current Liabilities	18,909,103	19,865,212	14,579,261	10,579,507	7,573,843	7,287,916
Long-Term Debt	43,469,369	48,137,585	43,418,354	41,585,426	34,847,353	33,144,951
Long-Term Unearned Revenue	410,774	444,134	431,191	289,828	277,155	274,661
Pension & Post-Retirement Benefits	106.32	101.93	159.99	359.76	811.73	5,407
Long-Term Deferred Tax Liabilities	380,899	371,188	25,903	85,779	210,119	349,564
Other Long-Term Liabilities	6,270,992	2,372,553	2,208,214	2,589,271	2,502,267	1,473,374
Total Liabilities	101,172,943	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	8,461,252	7,610,654	4,081,877	2,807,922	2,150,182	1,811,028
Treasury Stock	-526,907	-546,527	-163,522	-130,473	-6,278	-46,299
Comprehensive Income & Other	1,808,447	2,279,331	890,937	308,812	470,644	249,410
Total Common Equity	9,980,733	9,581,907	4,943,971	3,720,934	3,349,221	2,748,451
Minority Interest	744,654	515,278	3,597,999	3,162,355	3,528,088	3,213,417
Shareholders' Equity	10,725,387	10,097,185	8,541,971	6,883,289	6,877,309	5,961,868
Total Liabilities & Equity	111,898,330	102,235,843	88,977,399	82,030,937	69,564,426	61,764,074
Total Debt	60,643,097	65,161,635	59,562,709	57,480,521	49,000,993	43,196,412
Net Cash (Debt)	25,143,056	16,200,451	11,236,514	-459,651	-59,023	-2,499,766
Net Cash Growth	184.94%	44.18%	-	-	-	-
Net Cash Per Share	134616.30	88193.68	90712.74	-3558.31	-446.93	-18191.36
Filing Date Shares Outstanding	182.13	189.9	121.06	125.74	131.63	134.74
Total Common Shares Outstanding	182.13	189.9	121.06	125.74	131.63	134.74
Book Value Per Share	54800.93	50456.85	40840.07	29591.32	25445.05	20398.63
Tangible Book Value	9,885,541	9,501,403	4,863,173	3,335,229	2,894,151	2,216,979
Tangible Book Value Per Share	54278.26	50032.92	40172.63	26523.93	21987.75	16454.12

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