Merchants Financial Group, Inc. (MFGI)
OTCMKTS · Delayed Price · Currency is USD
42.40
-0.19 (-0.45%)
Aug 18, 2026, 2:32 PM EST
Merchants Financial Group Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 167.79 | 242.44 | 177.79 | 39.06 | 227.47 | 849.82 |
Investment Securities | 482.35 | 1.87 | 7.09 | 8.06 | 38.53 | 6.64 |
Trading Asset Securities | - | 0.5 | 0.94 | 1.24 | 1.5 | 0.07 |
Mortgage-Backed Securities | - | 436.49 | 312.12 | 231.87 | 273.67 | 197.44 |
Total Investments | 482.35 | 438.85 | 320.15 | 241.17 | 313.7 | 204.15 |
Gross Loans | - | 2,040 | 2,118 | 2,163 | 1,881 | 1,613 |
Allowance for Loan Losses | - | -26 | -28.49 | -28.15 | -26.11 | -28.65 |
Other Adjustments to Gross Loans | - | -3.05 | -3.2 | -3.62 | -3.35 | -5.32 |
Net Loans | - | 2,011 | 2,086 | 2,132 | 1,852 | 1,579 |
Property, Plant & Equipment | 31.2 | 34.82 | 41.73 | 46.09 | 47.95 | 45.12 |
Goodwill | 35.67 | 35.67 | 35.67 | 35.67 | 35.67 | 35.67 |
Other Intangible Assets | - | - | 0.05 | 0.32 | 0.8 | 1.49 |
Loans Held for Sale | 2,036 | 14.01 | 1.05 | 1.93 | 6.2 | 24.07 |
Accrued Interest Receivable | 40.18 | 41.32 | 31.99 | 18.93 | 13.83 | 14.14 |
Other Real Estate Owned & Foreclosed | 0.97 | 0.97 | 6.46 | 1.01 | 0.81 | 1.12 |
Other Long-Term Assets | 81.45 | 81.08 | 80.93 | 84.52 | 82 | 72.12 |
Total Assets | 2,883 | 2,900 | 2,782 | 2,600 | 2,580 | 2,827 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Interest Bearing Deposits | 2,041 | 1,909 | 1,807 | 1,592 | 1,573 | 1,838 |
Institutional Deposits | - | 135.62 | 153.2 | 99.94 | 48.71 | 59.25 |
Non-Interest Bearing Deposits | 456.3 | 476.27 | 463.17 | 482.29 | 635.85 | 620.99 |
Total Deposits | 2,497 | 2,521 | 2,424 | 2,174 | 2,257 | 2,519 |
Short-Term Borrowings | 15.04 | 15.04 | 15.06 | 109.75 | 12.02 | 1.7 |
Current Portion of Long-Term Debt | - | 0.39 | - | - | - | - |
Accrued Interest Payable | 25.3 | 21.69 | 25.45 | 15.02 | 13.29 | 16.91 |
Long-Term Debt | 29.95 | 29.56 | 40.25 | 35.61 | 53.37 | 55.79 |
Long-Term Deferred Tax Liabilities | - | 4.96 | 1.87 | 1.62 | 3.23 | 3.37 |
Other Long-Term Liabilities | -0 | - | - | - | - | - |
Total Liabilities | 2,568 | 2,593 | 2,506 | 2,336 | 2,339 | 2,596 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 |
Additional Paid-In Capital | 10.26 | 10.26 | 10.24 | 10.27 | 10.26 | 10.14 |
Retained Earnings | 325.16 | 312.17 | 286.01 | 273.17 | 254.09 | 228.63 |
Comprehensive Income & Other | -19.68 | -14.8 | -20.6 | -19.58 | -23.25 | -8.2 |
Shareholders' Equity | 315.8 | 307.69 | 275.72 | 263.94 | 241.16 | 230.64 |
Total Liabilities & Equity | 2,883 | 2,900 | 2,782 | 2,600 | 2,580 | 2,827 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 44.99 | 44.99 | 55.31 | 145.37 | 65.39 | 57.49 |
Net Cash (Debt) | 122.8 | 197.94 | 123.43 | -105.08 | 163.58 | 792.39 |
Net Cash Growth | 37.74% | 60.37% | - | - | -79.36% | 124.25% |
Net Cash Per Share | - | 25.05 | 15.57 | -13.29 | 20.72 | 100.37 |
Filing Date Shares Outstanding | - | 7.87 | 7.93 | 7.96 | 8.18 | 7.92 |
Total Common Shares Outstanding | - | 7.87 | 7.93 | 7.96 | 8.18 | 7.92 |
Book Value Per Share | - | 39.09 | 34.77 | 33.16 | 29.49 | 29.11 |
Tangible Book Value | 280.14 | 272.03 | 240 | 227.95 | 204.7 | 193.48 |
Tangible Book Value Per Share | - | 34.56 | 30.27 | 28.64 | 25.03 | 24.42 |