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Merchants Bancshares (Merchants Bancshares) Total Assets : $2,023.54 Mil (As of Mar. 2017)


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What is Merchants Bancshares Total Assets?

Merchants Bancshares's Total Assets for the quarter that ended in Mar. 2017 was $2,023.54 Mil.

Total Assets is connected with ROA %. Merchants Bancshares's annualized ROA % for the quarter that ended in Mar. 2017 was 0.71%. Total Assets is also linked to Revenue through Asset Turnover. Merchants Bancshares's Asset Turnover for the quarter that ended in Mar. 2017 was 0.01.


Merchants Bancshares Total Assets Historical Data

The historical data trend for Merchants Bancshares's Total Assets 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.

* Premium members only.

Merchants Bancshares Total Assets Chart

Merchants Bancshares Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,708.55 1,725.47 1,723.46 2,021.24 2,062.66

Merchants Bancshares Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,963.63 1,898.71 1,994.66 2,062.66 2,023.54

Merchants Bancshares Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Merchants Bancshares's Total Assets for the fiscal year that ended in Dec. 2016 is calculated as

Total Assets=Total Equity (A: Dec. 2016 )+Total Liabilities (A: Dec. 2016 )
=156.503+1906.155
=2,062.66

Merchants Bancshares's Total Assets for the quarter that ended in Mar. 2017 is calculated as

Total Assets=Total Equity (Q: Mar. 2017 )+Total Liabilities (Q: Mar. 2017 )
=158.648+1864.896
=2,023.54

* 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.


Merchants Bancshares  (NAS:MBVT) Total Assets Explanation

Total Assets is connected with ROA %.

Merchants Bancshares's annualized ROA % for the quarter that ended in Mar. 2017 is

ROA %=Net Income (Q: Mar. 2017 )/( (Total Assets (Q: Dec. 2016 )+Total Assets (Q: Mar. 2017 ))/ count )
=14.444/( (2062.658+2023.544)/ 2 )
=14.444/2043.101
=0.71 %

Note: The Net Income data used here is four times the quarterly (Mar. 2017) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Merchants Bancshares's Asset Turnover for the quarter that ended in Mar. 2017 is

Asset Turnover
=Revenue (Q: Mar. 2017 )/( (Total Assets (Q: Dec. 2016 )+Total Assets (Q: Mar. 2017 ))/ count )
=17.498/( (2062.658+2023.544)/ 2 )
=17.498/2043.101
=0.01

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Merchants Bancshares Total Assets Related Terms

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Merchants Bancshares (Merchants Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
Merchants Bancshares Inc is a bank holding company organized under Vermont law in 1983. Merchants Bank, the Company's primary subsidiary, is a Vermont commercial bank with 32 full-service banking offices located throughout the state of Vermont. The Company, through its subsidiary, offers a full range of deposit, loan, cash management, and trust services to meet the financial needs of individual consumers, businesses and municipalities at 32 full-service banking offices throughout the state of Vermont. Its trust division offers investment management, financial planning and trustee services. The Company competes in Vermont for deposit and loan business not only with other commercial and savings banks, and savings and loan associations, but also with credit unions and other non-bank financial providers. It is subject to extensive regulation and supervision, including, in many cases, regulation that limits the type and scope of its activities.
Executives
Jeffrey L Davis director 275 KENNEDY DRIVE, SOUTH BURLINGTON VT 05403
Pecor Raymond C Iii director 1 KING STREET DOCK, BURLINGTON VT 05401
Richard M Donovan officer: Interim PAO, PFO and Treasurer C/O FIRST SEACOAST BANCORP, 633 CENTRAL AVENUE, DOVER NH 03820
Bruce M Lisman director C/O MERCHANTS BANK, 275 KENNEDY DR, S. BURLINGTON VT 05403
Eric Andrew Segal officer: Interim PAO, PFO and Treasurer 6489 DEERFIELD DRIVE, NEW HOPE PA 18938
Thomas J. Meshako officer: Treasurer and CFO MERCHANTS BANK, P.O. BOX 1009, BURLINGTON VT 05402
John A Kane director C/O MERCHANTS BANCSHARES, INC., 275 KENNEDY DRIVE, SOUTH BURLINGTON VT 05403
F Sheldon Prentice officer: Senior Vice President C/O NBT BANCORP, 52 BROAD STREET, NORWICH NY 13815
Charles A Davis director 1 CAPE MAY ST, 1 CAPE MAY ST, HARRISON NJ 07029

Merchants Bancshares (Merchants Bancshares) Headlines