Merchants Financial Group Balance Sheet Health
Financial Health criteria checks 6/6
Merchants Financial Group has total assets of $2.6B and total equity of $269.6M. Total deposits are $2.2B, and total loans are $2.1B. It earns a Net Interest Margin of 3.4%. It has sufficient allowance for bad loans, which are currently at 0.6% of total loans. Cash and short-term investments are $29.2M.
Key information
9.6x
Asset to equity ratio
3.4%
Net interest margin
Total deposits | US$2.23b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.6% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$29.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: MFGI's Assets to Equity ratio (9.6x) is low.
Allowance for Bad Loans: MFGI has a sufficient allowance for bad loans (185%).
Low Risk Liabilities: 96% of MFGI's liabilities are made up of primarily low risk sources of funding.
Loan Level: MFGI has an appropriate level of Loans to Assets ratio (83%).
Low Risk Deposits: MFGI's Loans to Deposits ratio (96%) is appropriate.
Level of Bad Loans: MFGI has an appropriate level of bad loans (0.6%).