Meritz Financial Group Inc. (KRX:138040)

Meritz Financial Group Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	7,232,763	4,999,589	4,928,102	5,922,682	5,758,120	3,574,587
Investment Securities	4,241,269	2,379,735	2,617,200	4,975,892	3,159,745	2,949,602
Trading Asset Securities	88,625,911	70,259,356	62,382,011	60,826,925	48,884,666	43,234,050
Total Investments	92,867,180	72,639,090	64,999,211	65,802,817	52,044,411	46,183,651
Gross Loans	17,011,777	29,713,457	25,759,268	10,435,925	15,486,072	12,416,535
Allowance for Loan Losses	-353,450	-300,626	-282,765	-180,280	-162,124	-196,012
Other Adjustments to Gross Loans	-	-	-	-	-31	-47
Net Loans	16,658,327	29,412,831	25,476,503	10,255,645	15,323,917	12,220,476
Property, Plant & Equipment	3,042,150	2,823,176	2,440,385	2,541,491	2,331,017	1,792,198
Other Intangible Assets	95,192	77,947	80,504	80,798	385,706	455,070
Investments in Real Estate	709,144	769,794	689,595	754,271	420,368	315,165
Accrued Interest Receivable	604,692	602,886	453,577	326,694	381,037	293,814
Other Receivables	2,953,632	1,043,216	603,572	854,942	1,012,109	772,814
Other Current Assets	558,277	485,958	615,473	504,458	234,822	146,271
Long-Term Deferred Tax Assets	438,337	243,386	14,322	177,875	339,753	185,669
Other Long-Term Assets	7,529,773	2,463,323	1,913,013	1,729,570	3,771,740	3,598,264
Total Assets	132,689,465	115,578,247	102,235,843	88,977,399	82,030,937	69,564,426
Accrued Expenses	1,635,133	1,789,090	1,636,216	1,446,715	1,194,098	860,401
Interest Bearing Deposits	15,413,342	13,315,506	11,422,711	1,882,752	2,536,268	1,945,558
Total Deposits	15,413,342	13,315,506	11,422,711	1,882,752	2,536,268	1,945,558
Short-Term Borrowings	20,195,172	20,193,778	17,024,050	16,144,355	15,895,096	14,153,640
Current Income Taxes Payable	332,469	457,224	205,116	298,524	392,015	315,968
Other Current Liabilities	21,649,720	20,192,243	19,865,212	14,579,261	10,579,507	7,573,843
Long-Term Debt	51,850,479	44,966,077	38,797,376	43,418,354	41,585,426	34,847,353
Long-Term Unearned Revenue	361,585	388,875	444,134	431,191	289,828	277,155
Pension & Post-Retirement Benefits	2,110	93.61	101.93	159.99	359.76	811.73
Long-Term Deferred Tax Liabilities	297,715	281,021	371,188	25,903	85,779	210,119
Other Long-Term Liabilities	9,547,600	3,064,303	2,372,553	2,208,214	2,589,271	2,502,267
Total Liabilities	121,285,327	104,648,211	92,138,658	80,435,429	75,147,648	62,687,116
Common Stock	113,094	113,094	113,094	71,443	71,443	71,443
Additional Paid-In Capital	124,803	124,847	125,355	63,236	663,230	663,230
Retained Earnings	8,949,415	8,790,694	7,610,654	4,081,877	2,807,922	2,150,182
Treasury Stock	-148,871	-768,839	-546,527	-163,522	-130,473	-6,278
Comprehensive Income & Other	1,322,515	1,834,647	2,279,331	890,937	308,812	470,644
Total Common Equity	10,360,955	10,094,443	9,581,907	4,943,971	3,720,934	3,349,221
Minority Interest	1,043,183	835,593	515,278	3,597,999	3,162,355	3,528,088
Shareholders' Equity	11,404,139	10,930,036	10,097,185	8,541,971	6,883,289	6,877,309
Total Liabilities & Equity	132,689,465	115,578,247	102,235,843	88,977,399	82,030,937	69,564,426
Total Debt	72,045,652	65,159,855	55,821,426	59,562,709	57,480,521	49,000,993
Net Cash (Debt)	26,683,764	11,733,464	13,093,430	11,236,514	-459,651	-59,023
Net Cash Growth	132.68%	-10.39%	16.53%	-	-	-
Net Cash Per Share	150563.71	63336.00	71279.36	90712.74	-3558.31	-446.93
Filing Date Shares Outstanding	171.74	179.77	189.9	121.06	125.74	131.63
Total Common Shares Outstanding	171.74	179.77	189.9	121.06	125.74	131.63
Book Value Per Share	60328.19	56152.90	50456.85	40840.07	29591.32	25445.05
Tangible Book Value	10,265,764	10,016,496	9,501,403	4,863,173	3,335,229	2,894,151
Tangible Book Value Per Share	59773.92	55719.30	50032.92	40172.63	26523.93	21987.75

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.