Square Financial Services, Inc.
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (5.0 on a scale of 0 to 10). A current level of 0.6 percent of nonperforming loans to core capital combined with 1.0 percent from a year earlier contributes to the Good asset quality (6.8).
Other Rating Factors:
Weak liquidity 1.8, driven by a liquidity ratio of 101.5 percent and a “hot money” ratio of 0.0 percent. Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 97.3 and a capital leverage ratio of 65.2.
Asset Mix:
Consumer loans (45%), cash (34%), comm loans (23%), securities (0%)
States with Branches:
UT
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
--
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Block, Inc.
Investment Rating
--
Address
3165 East Millrock Drive
Salt Lake City, UT 84121
Salt Lake City, UT 84121
Phone Number
Year Founded
2021
FDIC Number
Largest Affiliates
There are no affiliate to display.