NREF Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	34.35	7.05	16.65	20.35	33.23
Securities and Investments	388.61	138.72	166.17	167.78	128.28
Net Loans	4,728	5,104	6,683	7,703	8,281
Net Property, Plant & Equipment	113.88	121.84	126.55	245.22	62.27
Accrued Interest and Accounts Receivable	54.56	42.67	26.35	17.86	8.71
Long-Term Investments	1.71	1.5	-	-	-
Total Assets	5,321	5,416	7,018	8,154	8,514
Short-Term Interbank Borrowing and Repurchase Agreements	434.18	479.22	953.07	1,019	1,073
Accounts Payable	13.7	9.46	6.43	6.23	3.9
Accrued Expenses	13.8	10.02	8.21	7.99	3.99
Long-Term Debt	4,028	4,346	5,605	6,576	6,927
Total Liabilities	4,489	4,844	6,573	7,609	8,007
Preferred Stock	0.02	0.02	0.02	0.02	0.02
Common Stock	0.19	0.17	0.17	0.17	0.09
Treasury Stock	-	-	-12.76	-12.76	-12.76
Additional Paid-in Capital	404.21	387.89	395.74	392.12	222.3
Retained Earnings	-16.52	-54.95	-35.82	4.44	28.37
Total Common Shareholders' Equity	387.89	333.13	347.34	383.98	238.01
Minority Interest	443.98	238.56	98.17	161.03	268.69
Shareholders' Equity	831.87	571.69	445.51	545.01	506.71
Total Liabilities & Equity	5,321	5,416	7,018	8,154	8,514
Total Debt	4,028	4,346	5,605	6,576	6,927
Net Cash (Debt)	-4,028	-4,346	-5,605	-6,576	-6,927
Net Cash Per Share	-95.87	-249.72	-325.90	-292.59	-340.12
Book Value	387.89	333.13	347.34	383.98	238.01
Book Value Per Share	9.23	19.14	20.20	17.08	11.69
Tangible Book Value	387.89	333.13	347.34	383.98	238.01
Tangible Book Value Per Share	9.23	19.14	20.20	17.08	11.69

Updated Feb 26, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q