Main Street Financial Services Corp.

OTCPK:MSWV Stock Report

Market Cap: US$110.8m

Main Street Financial Services Balance Sheet Health

Financial Health criteria checks 6/6

Main Street Financial Services has total assets of $1.4B and total equity of $111.3M. Total deposits are $1.1B, and total loans are $1.1B. It earns a Net Interest Margin of 3%. It has sufficient allowance for bad loans, which are currently at 0.5% of total loans. Cash and short-term investments are $40.7M.

Key information

12.5x

Asset to equity ratio

3.0%

Net interest margin

Total deposits

US$1.10b

Loan to deposit ratio

Appropriate

Bad loans

0.5%

Allowance for bad loans

Sufficient

Current ratio

Low

Cash & equivalents

US$40.65m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: MSWV's Assets to Equity ratio (12.5x) is moderate.

Allowance for Bad Loans: MSWV has a sufficient allowance for bad loans (219%).

Low Risk Liabilities: 86% of MSWV's liabilities are made up of primarily low risk sources of funding.

Loan Level: MSWV has an appropriate level of Loans to Assets ratio (80%).

Low Risk Deposits: MSWV's Loans to Deposits ratio (102%) is appropriate.

Level of Bad Loans: MSWV has an appropriate level of bad loans (0.5%).


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