MFGI (Merchants Financial Group) Net Loan : $2,135.41 Mil (As of Sep. 2024)

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What is Merchants Financial Group Net Loan?

Merchants Financial Group's quarterly net loan increased from Sep. 2023 ($2,061.86 Mil) to Jun. 2024 ($2,182.25 Mil) but then declined from Jun. 2024 ($2,182.25 Mil) to Sep. 2024 ($2,135.41 Mil).

Merchants Financial Group's annual net loan declined from Dec. 2020 ($1,704.53 Mil) to Dec. 2021 ($2,182.25 Mil) but then increased from Dec. 2021 ($2,182.25 Mil) to Dec. 2022 ($2,135.41 Mil).

Merchants Financial Group Net Loan Historical Data

The historical data trend for Merchants Financial Group's Net Loan can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Merchants Financial Group Net Loan Chart

Merchants Financial Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Net Loan

1,639.50

1,704.53

1,545.02

1,816.70

Merchants Financial Group Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Jun24	Sep24
Net Loan	Get a 7-Day Free Trial							1,933.53	1,999.08	2,061.86	2,182.25	2,135.41

Merchants Financial Group Net Loan Calculation

Total loans on banks' book. These are the fund that banks have lent out. The loans contribute to banks' income. Some borrower of the loans may stop paying their payment. In this case, the loan is called non-performing loans.

Loans can be divided into residential loans, commercial loans or consumer loans. Peter Lynch loved

Merchants Financial Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Merchants Financial Group Inc (OTCPK:MFGI) » Definitions » Net Loan

Comparable Companies

Traded in Other Exchanges

N/A

Address

102 East Third Street, Winona, MN, USA, 55987

Website

https://www.merchantsbank.com

Merchants Financial Group Inc is a bank holding company with one wholly-owned bank subsidiary, Merchants Bank, National Association. It provides retail, commercial loan, and deposit services principally to customers within a radius of its locations. The Bank has a leasing division, Merchants Bank Equipment Finance, which operates in the Minneapolis-St. Paul, Minnesota, metropolitan area.

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