Merchants Financial Group, Inc. (MFGI)

USD 23.5

(-2.08%)

Net Debt Summary of Merchants Financial Group, Inc.

  • Merchants Financial Group, Inc.'s latest annual net debt in 2023 was -7.94 Million USD , up 95.09% from previous year.
  • Merchants Financial Group, Inc.'s latest quarterly net debt in 2024 Q2 was 123.28 Million USD , up 153.75% from previous quarter.
  • Merchants Financial Group, Inc. reported annual net debt of -161.79 Million USD in 2022, up 79.57% from previous year.
  • Merchants Financial Group, Inc. reported annual net debt of -791.91 Million USD in 2021, down -124.86% from previous year.
  • Merchants Financial Group, Inc. reported quarterly net debt of 60.69 Million USD for 2024 Q3, down -50.77% from previous quarter.
  • Merchants Financial Group, Inc. reported quarterly net debt of 48.58 Million USD for 2024 Q1, down -54.3% from previous quarter.

Annual Net Debt Chart of Merchants Financial Group, Inc. (2023 - 2013)

Historical Annual Net Debt of Merchants Financial Group, Inc. (2023 - 2013)

Year Net Debt Net Debt Growth
2023 -7.94 Million USD 95.09%
2022 -161.79 Million USD 79.57%
2021 -791.91 Million USD -124.86%
2020 -352.18 Million USD -1784.53%
2019 -18.68 Million USD -124.66%
2018 75.78 Million USD 59.76%
2017 47.43 Million USD -36.06%
2016 74.19 Million USD -50.34%
2015 149.39 Million USD 536.0%
2014 23.49 Million USD -0.04%
2013 23.5 Million USD 0.0%

Peer Net Debt Comparison of Merchants Financial Group, Inc.

Name Net Debt Net Debt Difference
Citizens Holding Company -76.47 Million USD 89.614%
Exchange Bank (Santa Rosa, CA) 189.35 Million USD 104.195%
River City Bank -497.4 Million USD 98.403%
First Northern Community Bancorp -164.33 Million USD 95.167%
Bank of Labor Bancshares, Inc. -93.2 Million USD 91.477%
Plains Acquisition Corporation -93.61 Million USD 91.515%
ES Bancshares, Inc. 58.45 Million USD 113.588%
ENB Financial Corp 54.56 Million USD 114.556%
BV Financial, Inc. -35.32 Million USD 77.517%
CSB Bancorp, Inc. -26.18 Million USD 69.661%
Great American Bancorp, Inc. -40.05 Million USD 80.172%
PSB Holdings, Inc. 137.58 Million USD 105.773%
Denali Bancorporation, Inc. 31.73 Million USD 125.027%
First Community Corporation -27.08 Million USD 70.671%
Woodlands Financial Services Company 49.08 Million USD 116.182%
First Farmers and Merchants Corporation 78.65 Million USD 110.098%
1st Colonial Bancorp, Inc. -42.04 Million USD 81.109%
CNB Financial Services, Inc. 2.59 Million USD 406.478%
Peoples Ltd. -17.76 Million USD 55.299%
KS Bancorp, Inc. 4.1 Million USD 293.59%
CCSB Financial Corp. 18.59 Million USD 142.719%
Touchstone Bankshares, Inc. 25.52 Million USD 131.12%
Oregon Bancorp, Inc. -22.32 Million USD 64.424%
Crazy Woman Creek Bancorp Incorporated 6.42 Million USD 223.665%
Oconee Financial Corporation -42.75 Million USD 81.421%
InBankshares, Corp -42.17 Million USD 81.168%
Mission Bancorp -104.99 Million USD 92.435%
American Riviera Bancorp 91.01 Million USD 108.727%
Farmers and Merchants Bancshares, Inc. 13.46 Million USD 158.975%
M&F Bancorp, Inc. -47.81 Million USD 83.389%
TISCO Financial Group Public Company Limited -226.26 Million USD 96.49%
Pacific Alliance Bank -8.78 Million USD 9.555%
First Republic Bank 12.54 Billion USD 100.063%
Eureka Homestead Bancorp, Inc. 5.24 Million USD 251.382%
Community Bancorp 92.61 Million USD 108.577%
CoBank, ACB 96.44 Billion USD 100.008%
McHenry Bancorp, Inc. 25.7 Million USD 130.9%
Suruga Bank Ltd. -982.2 Billion USD 99.999%
Huron Valley Bancorp, Inc. -21.87 Million USD 63.691%
Northway Financial, Inc. 136.33 Million USD 105.826%
Boyle Bancorp, Inc. 93.06 Million USD 108.535%
Gouverneur Bancorp, Inc. 3.09 Million USD 356.308%
Southern Michigan Bancorp, Inc. 68.79 Million USD 111.545%
New Peoples Bankshares, Inc. -24.93 Million USD 68.15%
CMUV Bancorp -35.76 Million USD 77.794%
Citizens Bancshares Corporation -183.37 Million USD 95.668%
Avidbank Holdings, Inc. 12.15 Million USD 165.364%
FCN Banc Corp. 4.36 Million USD 282.179%
Elmer Bancorp, Inc. -39.25 Million USD 79.764%
Popular, Inc. -6.18 Billion USD 99.872%
Bancorp 34, Inc. 28.42 Million USD 127.945%
AMB Financial Corp. -2.94 Million USD -169.481%
Juniata Valley Financial Corp. 45.15 Million USD 117.59%
United Bancorporation of Alabama, Inc. -180.06 Million USD 95.589%
Consumers Bancorp, Inc. 26.81 Million USD 129.62%
Fleetwood Bank Corporation -7.26 Million USD -9.302%
Greenville Federal Financial Corporation -14.02 Million USD 43.378%
CNB Corporation 40.8 Million USD 119.468%
BNCCORP, Inc. -85.94 Million USD 90.758%
Redwood Capital Bancorp -9.17 Million USD 13.416%
Honat Bancorp, Inc. -35.38 Million USD 77.552%
Merchants & Marine Bancorp, Inc. -17.78 Million USD 55.328%
Town Center Bank 1.1 Million USD 822.091%
Summit Bank Group, Inc. -15.76 Million USD 49.605%
Chino Commercial Bancorp 49.56 Million USD 116.026%
doValue S.p.A. 558.01 Million USD 101.423%
First Citizens BancShares, Inc. 4.01 Billion USD 100.198%
Century Financial Corporation -76.74 Million USD 89.65%
TEB Bancorp, Inc 101.33 Thousand USD 7938.358%
Farmers & Merchants Bancshares, Inc. (Burlington, IA) 16.91 Million USD 146.948%
Truxton Corporation 62.7 Million USD 112.668%
Standard Bank Group Limited -131.15 Billion USD 99.994%
US Metro Bancorp, Inc. -99.08 Million USD 91.984%
Canandaigua National Corporation 547.49 Million USD 101.451%
Bay Community Bancorp 80.19 Million USD 109.905%
First Capital Bancshares, Inc. 30.06 Million USD 126.423%
South Atlantic Bancshares, Inc. 188.25 Million USD 104.219%
Enterprise Financial Services Group, Inc. 1.39 Million USD 670.304%
Silvergate Capital Corporation 4.87 Billion USD 100.163%
Peoples Bancorp, Inc. -30.21 Million USD 73.715%
STAR Financial Group, Inc. 21.59 Million USD 136.782%
Tri-County Financial Group, Inc. 122.21 Million USD 106.499%
Central Bancompany, Inc. -424.82 Million USD 98.13%
Mifflinburg Bancorp, Inc. 2.29 Million USD 446.251%
United Tennessee Bankshares, Inc. 12.78 Million USD 162.124%
FFB Bancorp 9.32 Million USD 185.198%
First Resource Bancorp Inc. 30.01 Million USD 126.46%
Marquette National Corporation 96.3 Million USD 108.248%
Pioneer Bankshares, Inc. 18.5 Million USD 142.935%
SSB Bancorp, Inc. -6.46 Million USD -22.851%
Community Heritage Financial, Inc. 13.26 Million USD 159.863%
Postal Savings Bank of China Co., Ltd. -1706.52 Billion USD 100.0%
Alpine Banks of Colorado -32.55 Million USD 75.599%
QC Holdings, Inc. 87.23 Million USD 109.105%
First Niles Financial, Inc. 39.02 Million USD 120.353%
Mission Valley Bancorp 13.11 Million USD 160.555%
Savi Financial Corporation, Inc. 105 Million USD 107.565%
CNB Bank Shares, Inc. 86.76 Million USD 109.155%
CCFNB Bancorp, Inc. 304.1 Million USD 102.612%
HCB Financial Corp. -141.67 Million USD 94.394%
FirstSun Capital Bancorp 11.85 Million USD 167.03%
FFW Corporation -16.92 Million USD 53.056%
National Capital Bancorp, Inc. -29.99 Million USD 73.522%
CBB Bancorp, Inc. -197.53 Million USD 95.979%
Potomac Bancshares, Inc. 12.37 Million USD 164.181%
Farmers & Merchants Bancorp -397.49 Million USD 98.002%
Apollo Bancorp, Inc. 24.28 Million USD 132.714%
Coeur d'Alene Bancorp, Inc. 11.46 Million USD 169.252%
Malaga Financial Corporation 326.29 Million USD 102.434%
Pacific Valley Bancorp -80.56 Million USD 90.141%
SVB & T Corporation -2.96 Million USD -168.345%
Pacific Financial Corporation -92.1 Million USD 91.376%
Partners Bank of California -52.09 Million USD 84.754%
Citizens Bancorp 17.4 Million USD 145.644%
FS Bancorp 99.42 Million USD 107.989%
Bank of Utica -47.58 Million USD 83.306%
Skyline Bankshares, Inc. 7.86 Million USD 201.005%
Mountain Pacific Bancorp, Inc. -6.56 Million USD -20.9%
Gateway Bank, F.S.B. -10.09 Million USD 21.307%
Piedmont Community Bank Group, Inc. 13.48 Million USD 158.904%
Citizens Bancorp Investment, Inc. 31.73 Million USD 125.029%
W.T.B. Financial Corporation 1.12 Billion USD 100.709%
Bank of the Philippine Islands -268.75 Billion USD 99.997%
Eastern Michigan Financial Corporation -27.72 Million USD 71.348%
Studio Bank 165.05 Million USD 104.812%
FSBH Corp. -81.49 Million USD 90.253%
W.T.B. Financial Corporation 1.12 Billion USD 100.709%
Southeastern Banking Corporation -62.54 Million USD 87.3%
Sturgis Bancorp, Inc. 14.82 Million USD 153.571%
Mountain Commerce Bancorp, Inc. 61.03 Million USD 113.014%
First Citizens Bancshares, Inc. 5.38 Million USD 247.557%
Heartland BancCorp 26.86 Million USD 129.57%
Midland Capital Holdings Corp. -34.1 Million USD 76.71%
First Community Financial Corporation 89.78 Million USD 108.847%
American Bank Incorporated 112.69 Million USD 107.048%
First Robinson Financial Corporation -21.44 Million USD 62.963%
SouthPoint Bancshares, Inc. 77.23 Million USD 110.284%
Croghan Bancshares, Inc. 67.97 Million USD 111.686%
Katahdin Bankshares Corp. 10.08 Million USD 178.784%
Neffs Bancorp, Inc. PFD SER A 16.9 Million USD 146.978%
Equitable Financial Corp. 8.27 Million USD 195.988%
JBT Bancorp Inc. 52.25 Million USD 115.2%
Foresight Financial Group, Inc. 11.15 Million USD 171.212%
CBC Holding Company - USD Infinity%
Cornerstone Community Bancorp 3.82 Million USD 307.932%
White River Bancshares Co 69.97 Million USD 111.351%
Dogwood State Bank -67.47 Million USD 88.229%
WCF Bancorp, Inc. 12.13 Million USD 165.442%
Integrated Financial Holdings, Inc. -62.36 Million USD 87.263%
First Keystone Corporation 285.43 Million USD 102.783%
Bank of Botetourt -50.21 Million USD 84.181%
First National of Nebraska, Inc. 3.36 Billion USD 100.236%
Middlebury National Corporation 44.86 Million USD 117.705%
1st Federal Savings Bank of SC, Inc. -11.92 Million USD 33.408%
VWF Bancorp, Inc. 31.81 Million USD 124.968%
Chesapeake Financial Shares, Inc. 19.16 Million USD 141.435%
Northeast Indiana Bancorp, Inc. 37.45 Million USD 121.204%
Mutual Federal Bancorp, Inc. 18.42 Million USD 143.112%
Santa Cruz County Bank -7.47 Million USD -6.318%
Commercial National Financial Corporation -15.53 Million USD 48.887%
Nexity Financial Corporation 123.81 Million USD 106.415%
First National Bank Alaska 504.2 Million USD 101.575%
MBT Bancshares, Inc. 40.03 Million USD 119.841%
Jeffersonville Bancorp -56.86 Million USD 86.031%
BankFirst Capital Corporation -76.05 Million USD 89.556%
Coastal Carolina Bancshares, Inc. 46.25 Million USD 117.174%
The Baraboo Bancorporation, Inc. -71.95 Million USD 88.961%
New Tripoli Bancorp, Inc. 17.87 Million USD 144.446%
First Reliance Bancshares, Inc. 3.77 Million USD 310.208%
Security Bancorp, Inc. -13.04 Million USD 39.105%
Logansport Financial Corp. 10.19 Million USD 177.949%
Bank of San Francisco -96.13 Million USD 91.737%
Community Investors Bancorp, Inc. 47.03 Million USD 116.889%
Uwharrie Capital Corp -31.34 Million USD 74.66%
1st Capital Bancorp -13.45 Million USD 40.966%
Northumberland Bancorp 10.83 Million USD 173.302%
Union Financial Corporation - USD Infinity%
Peoples Financial Corporation -4.29 Million USD -84.979%
Ballston Spa Bancorp, Inc. 14.01 Million USD 156.675%
Signature Bank of Georgia -21.27 Million USD 62.671%
Heritage NOLA Bancorp, Inc. -5.43 Million USD -46.038%
JSB Financial Inc. -9.2 Billion USD 99.914%
Catskill Hudson Bancorp, Inc. -4.56 Million USD -74.074%
Citizens Financial Corp. 14.77 Million USD 153.756%
Citizens Bancshares Corporation 3.14 Million USD 352.548%
Kish Bancorp, Inc. 210.49 Million USD 103.774%
CNB Corp. -55 Million USD 85.558%
HFB Financial Corporation 15.67 Million USD 150.676%
American Business Bank 11.84 Million USD 167.074%
Harleysville Financial Corporation - USD Infinity%
Grand River Commerce, Inc. 30.08 Million USD 126.402%
Community Capital Bancshares, Inc. 9 Million USD 188.178%
blueharbor bank -15.17 Million USD 47.673%
Endeavor Bancorp -106.54 Million USD 92.545%
Summit Bancshares, Inc. 9.72 Million USD 181.636%
FineMark Holdings, Inc. 506.3 Million USD 101.569%
Private Bancorp of America, Inc. -150.13 Million USD 94.71%
Farmers & Merchants Bank of Long Beach 1.29 Billion USD 100.615%
Paragon Financial Solutions, Inc. 9.85 Million USD 180.609%
Bank of Ayudhya Public Company Limited -15.73 Billion USD 99.95%
Neffs Bancorp, Inc. 7.75 Million USD 202.424%
Triad Business Bank -23.17 Million USD 65.722%
PB Financial Corporation 59.66 Million USD 113.312%
Tri City Bankshares Corporation -44.77 Million USD 82.261%
Touchmark Bancshares, Inc. -47.76 Million USD 83.371%
IBW Financial Corporation -21.53 Million USD 63.112%
Central Bancompany, Inc. -424.82 Million USD 98.13%
U & I Financial Corp. -40.16 Million USD 80.226%
Citizens Bancorp of Virginia, Inc. -41.7 Million USD 80.954%
Highlands Bankshares, Inc. 4.08 Million USD 294.395%
PBCO Financial Corporation 25.62 Million USD 131.0%
Community Bankers' Corporation 29.81 Million USD 126.637%
Auburn Bancorp, Inc. 18.05 Million USD 143.99%
First Berlin Bancorp, Inc. -35.93 Million USD 77.893%
QNB Corp. 54.46 Million USD 114.583%
Albina Community Bancorp 6.71 Million USD 218.235%
Concordia Financial Group, Ltd. -4117.16 Billion USD 100.0%
The Victory Bancorp, Inc. 36.59 Million USD 121.707%
SFSB, Inc. -2605.00 USD -304813.628%
Canyon Bancorp 14.59 Million USD 154.412%
Investec Group 3.03 Billion USD 100.262%
Prime Meridian Holding Company 4.45 Million USD 278.374%
First Ottawa Bancshares, Inc. 23.88 Million USD 133.257%
Lumbee Guaranty Bank -36.39 Million USD 78.178%
Traditions Bancorp, Inc. 22.8 Million USD 134.835%
Bank of Idaho Holding Company 24.67 Million USD 132.194%
Atlas Mara Limited - USD Infinity%
Madison County Financial, Inc. 21.69 Million USD 136.619%
Marathon Bancorp, Inc. 9.82 Million USD 180.864%
Lakeside Bancshares, Inc. 21.52 Million USD 136.903%
CIB Marine Bancshares, Inc. 70.99 Million USD 111.189%
Thomasville Bancshares, Inc. -83.58 Million USD 90.497%
Banco Espírito Santo, S.A. 4.44 Billion USD 100.179%
MCNB Banks, Inc. 35.38 Million USD 122.447%
Main Street Financial Services Corp. 43.5 Million USD 118.257%
Commencement Bancorp Inc. -11.58 Million USD 31.425%
Tennessee Valley Financial Holdings, Inc. 2.76 Million USD 386.854%
Westbury Bancorp, Inc. 18.7 Million USD 142.462%
Lyons Bancorp Inc. 38.79 Million USD 120.474%
Ledyard Financial Group, Inc. 107.41 Million USD 107.394%
Dimeco, Inc. 41.43 Million USD 119.17%
Embassy Bancorp, Inc. -21.09 Million USD 62.352%
Exchange Bankshares, Inc. 23.17 Million USD 134.267%
Pioneer Bankcorp, Inc. 50.19 Million USD 115.825%
Lifestore Financial Group, Inc. 5.17 Million USD 253.583%
University Bancorp, Inc. 112.95 Million USD 107.032%
NASB Financial, Inc. 195.6 Million USD 104.061%
First Bancshares Inc. (Bellevue, OH) 30.37 Million USD 126.153%
First IC Corporation -66.87 Million USD 88.122%
Baker Boyer Bancorp 11.8 Million USD 167.274%
First Bankers Trustshares, Inc. 58.32 Million USD 113.618%
Infinity Bancorp -37.82 Million USD 79.0%
RiverBank Holding Company 8.38 Million USD 194.763%
JTNB Bancorp, Inc. 6.39 Million USD 224.299%
California International Bank, N.A. -10.52 Million USD 24.505%
Lewis & Clark Bancorp 17.21 Million USD 146.151%
InsCorp, Inc. 13.65 Million USD 158.176%
Marine Bancorp of Florida, Inc. 15.12 Million USD 152.526%
Fentura Financial, Inc. 109.17 Million USD 107.276%
Oregon Pacific Bancorp 10.74 Million USD 173.922%
Nmb Financial Corp -75.49 Million USD 89.478%
GBank Financial Holdings Inc. -36.42 Million USD 78.192%
High Country Bancorp, Inc. 34.34 Million USD 123.128%
Security National Corporation 358.69 Million USD 102.214%
Andover Bancorp, Inc. -19.44 Million USD 59.154%
Dacotah Banks, Inc. -243.23 Million USD 96.734%
Oak View Bankshares, Inc. 39.76 Million USD 119.975%
Seneca Financial Corp. 23.58 Million USD 133.685%
First Farmers Financial Corporation 55.86 Million USD 114.219%
RBAZ Bancorp, Inc. 24.65 Million USD 132.217%
Oak Ridge Financial Services, Inc. -2.23 Million USD -255.551%
Pinnacle Bankshares Corporation -77.83 Million USD 89.796%
Primary Bank -89.3 Million USD 91.106%
Solera National Bancorp, Inc. 31.26 Million USD 125.405%
POSTD Merchant Banque 321.94 Million USD 102.467%
Trinity Bank, N.A. -45.67 Million USD 82.61%
CoastalSouth Bancshares, Inc. 69.07 Million USD 111.5%
Delhi Bank Corp. -4.84 Million USD -64.103%
Solvay Bank Corp. 93.33 Million USD 108.51%
Bank of Utica -47.58 Million USD 83.306%
First State Financial Corporation - USD Infinity%
1ST SUMMIT BANCORP of Johnstown, Inc. 146.24 Million USD 105.431%
First Commerce Bank 68.27 Million USD 111.634%
Golden State Bancorp -97.48 Million USD 91.852%
Citizens National Corporation 210 Thousand USD 3882.381%
Two Rivers Financial Group, Inc. 54.56 Million USD 114.557%
First Bancshares, Inc. 4.03 Million USD 296.685%
Ottawa Bancorp, Inc. 19.05 Million USD 141.688%
Golden Valley Bancshares, Inc. -18.63 Million USD 57.38%
CITBA Financial Corporation -29.19 Million USD 72.797%
Financial Institutions, Inc. 8.48% SRB1 PFD B 218.87 Million USD 103.629%
Empire Bancshares, Inc. 8.7 Million USD 191.196%
Washington Business Bank -86 Thousand USD -9136.047%
Pacific West Bancorp 34.98 Million USD 122.707%
Harbor Bankshares Corporation 5.04 Million USD 257.589%
Morris State Bancshares, Inc. -4.12 Million USD -92.397%
Community Bancorp of Santa Maria -4.55 Million USD -74.456%
FFD Financial Corporation -92.47 Million USD 91.411%
Benchmark Bankshares, Inc. -90.18 Million USD 91.193%
Calvin B. Taylor Bankshares, Inc. -8.64 Million USD 8.129%
F & M Bank Corp. 47.69 Million USD 116.653%
CNB Community Bancorp, Inc. -20.03 Million USD 60.354%
First Greenwich Financial, Inc. -4.98 Million USD -59.306%
West Shore Bank Corp. 27.55 Million USD 128.831%
Oxford Bank Corporation -67.17 Million USD 88.175%
CW Bancorp -333.74 Million USD 97.62%
Killbuck Bancshares, Inc. 109.62 Million USD 107.246%
Commercial National Financial Corporation 20.23 Million USD 139.25%
Redwood Financial, Inc. 19.46 Million USD 140.803%
Crystal Valley Financial Corporation 83.88 Million USD 109.469%
Eagle Financial Services, Inc. 87.03 Million USD 109.127%
WVS Financial Corp. 93.7 Million USD 108.477%
Farmers Bancorp (Frankfort IN) 8.11 Million USD 197.844%
MNB Holdings Corporation -26.34 Million USD 69.849%
Quaint Oak Bancorp, Inc. -3.09 Million USD -156.308%
Home Loan Financial Corporation 33.57 Million USD 123.66%
Cashmere Valley Bank -64.19 Million USD 87.626%
Cornerstone Financial Corporation -4.83 Million USD -64.179%
Southern BancShares (N.C.), Inc. 33.6 Million USD 123.64%
First Community Corporation PFD SER B 76.55 Million USD 110.375%
Isabella Bank Corporation 82.46 Million USD 109.632%
Pinnacle Bank -84.71 Million USD 90.624%
Century Next Financial Corporation -94.18 Million USD 91.566%
LINKBANCORP, Inc. 8.3 Million USD 195.607%
Cornerstone Bancorp Inc. -181.61 Million USD 95.627%
Security Federal Corporation 40.84 Million USD 119.448%
CCCB Bancorp, Inc. 157.93 Thousand USD 5129.38%
The Southern Banc Company, Inc. -7.09 Million USD -11.891%
Hills Bancorporation 458.38 Million USD 101.733%
Pinnacle Bancshares, Inc. 13.4 Million USD 159.266%
First Bancorp of Indiana, Inc. 129.69 Million USD 106.124%
The Farmers Bank of Appomattox -7.48 Million USD -6.091%
Freedom Financial Holdings, Inc. 47.7 Million USD 116.652%
Susquehanna Community Financial, Inc. 44.64 Million USD 117.793%
Southern Community Bancshares, Inc. 15.45 Million USD 151.395%
Hocking Valley Bancshares, Inc. -13.36 Million USD 40.55%
River Valley Community Bancorp -38.04 Million USD 79.12%