1. Brazil Stocks

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    Finance

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    Major banks
BCO Mercantil do Brasil SA

BCO Mercantil do Brasil SA

63.26
BRL
-0.28
(-0.44%)
8.44EPS
7.70P/E
6.36BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
16.61
17.01
22.18
22.68
21.73
10.7
17.42
18.14
23.08
25.87
31.64
40.36
47.64
56.2
Basic EPS, GAAP
0.04
-1.71
0.72
0.18
0.26
0.46
1.05
1.3
1.6
1.74
3.43
4.39
6.52
6.7
Free Cash Flow per Basic Share
-2.44
-2.03
2.6
2.01
-2.17
2.03
7.2
-1.31
-7.12
1.78
-1.86
13.15
8.35
6.39
Dividend per Share
0.29
0.06
0.3
0.29
0.08
0.12
0.15
0.3
0.56
0.49
0.7
1.59
1.16
1.74
Book Value per Share
6.77
4.93
5.34
5.26
6.02
5.57
6.28
7.18
8.08
9.4
11.74
13.94
17.82
22.97
Tangible Book Value per Share
6.34
4.53
4.97
4.87
5.61
5.14
5.77
6.56
7.34
8.5
10.7
12.47
15.91
21.29
Basic Weighted Avg Shares
98
98
98
102
102
116
116
116
115
115
115
115
115
117
Sales/Revenue/Turnover
1,623
1,663
2,168
2,311
2,214
1,239
2,019
2,101
2,661
2,987
3,654
4,660
5,502
6,557
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
29
28
29
28
32
102
48
53
64
69
119
155
230
250
Net Income, GAAP
4
-167
70
18
26
53
121
151
184
201
396
507
753
967
Effective Tax Rate (%)
- -
- -
- -
30.28
49.94
54.55
- -
21.99
- -
24.05
19.78
11.28
- -
- -
Profit Margin (%)
0.24
-10.07
3.25
0.79
1.19
4.29
6.01
7.19
6.93
6.71
10.84
10.87
13.69
14.75
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
1,510
1,629
1,579
873
962
895
1,180
564
541
653
953
4,374
8,681
11,309
Total Equity
900
714
750
895
819
855
932
1,034
1,171
1,320
1,612
1,895
2,329
3,151
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
0.54
1.37
2.7
- -
8.02
- -
10.88
17.49
11.38
- -
- -
Return on Common Equity (%)
0.52
-29.28
14.05
3.54
4.76
8.78
18.35
20.11
21.71
20.62
33.66
35.44
42.6
34

Capital Structure

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
306
306
306
Shares Outstanding
111
123
123
Market Capitalization
6,850
7,989
6,364

Working Capital

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
2,285
2,151
1,979
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

BRL

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.37%
17.71%
22.94%
Free Cash Flow
-102.81%
-146.28%
-36.5%
Net Income, GAAP
42.96%
40.99%
48.7%
Sales/Revenue/Turnover
13.22%
21.36%
18.05%
Total Cash Common Dividend
35.07%
42.95%
-27%

Quarterly Revenue

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,059
1,148
1,220
1,113
4,660
2025
1,288
1,386
1,460
1,380
5,502
2026
1,825
1,891
- -
- -
- -

Quarterly Earnings Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.29
1.36
1.12
-0.39
4.39
2025
0.59
2.28
1.41
1.39
6.52
2026
1.51
2.33
- -
- -
- -

Quarterly Dividends Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.72
- -
0.86
0.01
1.59
2025
1
0.07
0.06
0.04
1.16
2026
1.49
0.06
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Luiz Henrique Andrade de Araújo
Full Time Employees
3,845
Sector
Finance
Industry
Major banks
Address
Avenida do Contorno, 5800 Belo Horizonte MG Brazil 30110-042
IPO Date
Nov 18, 1992
Website
mercantildobrasil.com.br
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Banco Santander, S.A. (BME:SAN)
Business
Banco Mercantil do Brasil S.A. (BMEB3.SA) is a Brazil-based retail bank providing financial services to individual and corporate clients through its Financial, Insurance and Business Intermediation, Marketplace, and Other segments. The company offers current accounts, loans, credit and debit cards, insurance products, investment products, private pensions, benefit transfers including INSS payments, special limits, special checks, capital market products, and card receivables; it also provides digital banking channels such as internet banking, WhatsApp services, the Mercantile app, and self-service options, alongside real estate, securitization, and technology activities. As the fifth largest payer of INSS benefits in Brazil, it serves 9.1 million clients, primarily in the 50+ demographic, through 321 service points across 23 states. Founded in 1940 as Banco Mercantil de Minas Gerais in Curvelo, Minas Gerais, and formerly known as Banco Industrial de Minas Gerais before changing its name in 1974, the bank is headquartered at Avenida do Contorno, 5800, Belo Horizonte, Brazil. It operates primarily within Brazil, with a historical foreign branch in the Cayman Islands, and maintains a network supporting retail and commercial banking for diverse customer segments including INSS beneficiaries and corporate entities. Recent developments include a strategic partnership with Atos and Google Cloud announced in early 2025 to accelerate cloud migration, involving a multi-year agreement and millions in investment to modernize data centers and infrastructure in phases. In 2023, the bank celebrated its 80th anniversary with a relocation of administrative operations to a new headquarters in Belo Horizonte's Savassi region, alongside visual identity modernization and a simplified name to Banco Mercantil. It also advanced its corporate governance by migrating to B3 Level 1 in 2021, supporting ongoing digital transformation and portfolio expansion.