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Banco Mercantil de Investimentos S.A.

Banco Mercantil de Investimentos S.A.

BMIN3.SA
Banco Mercantil de Investimentos S.A.BR flagB3 S.A.
21.49
BRL
- -
- -
103.69MMarket Cap
Banco Mercantil de Investimentos S.A.
BMIN3.SA
(B3 S.A.)

Recent

price

21.49

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
4.54
46.14
18.47
5.35
3.98
4.86
17.58
10.84
4.2
3.37
3.05
4.81
9.14
8.17
8.92
15.34
10.88
Revenue per Share
1.05
2.12
2.15
0.84
1.38
1.61
7.17
-7.08
0.86
0.46
0.51
0.7
2.02
1.51
1.49
2.15
1.85
Basic EPS, GAAP
-10.18
-21.68
3.37
-3.18
-1.34
14.18
2.07
-39.07
-0.35
8.7
-0.56
8.09
-9.56
4.92
-5.86
-8.45
-10.76
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
0.65
0.38
2.04
0.15
0.21
0.17
0.24
0.11
1.4
1.26
0.47
0.47
Dividend per Share
10.12
10.12
10.84
11.56
11.56
7.5
121.36
10.39
14.5
14.5
14.5
14.5
14.5
14.5
14.5
14.5
15.52
Book Value per Share
19.31
20.71
22.12
22.43
23.19
19.31
95.36
24.13
22.17
23.01
23.43
24.16
24.88
24.99
26.53
26.97
27.03
Tangible Book Value per Share
3
3
3
3
3
3
2
2
5
5
5
5
5
5
5
5
5
Basic Weighted Avg Shares
11
117
47
14
10
12
32
20
20
16
15
23
44
39
43
74
53
Sales/Revenue/Turnover
44.54
6.6
16.56
19.29
48.86
43.76
65.52
-114.97
36.78
16.65
27.09
25.66
28.8
30.38
23.82
-10.32
10.62
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
3
5
5
2
3
4
13
-13
4
2
2
3
10
7
7
10
9
Net Income, GAAP
23.83
30.11
29.7
18.44
28.87
24.53
36.43
- -
33.09
7.74
37.23
42.33
24.16
39.69
38.58
3.11
40.86
Effective Tax Rate (%)
23.07
4.6
11.64
15.7
34.71
33.03
40.78
-65.38
20.38
13.68
16.7
14.54
22.14
18.43
16.7
14.04
17.04
Profit Margin (%)
- -
277
105
66
48
52
36
15
55
50
10
318
6
20
14
-279
71
Working Capital
- -
- -
- -
- -
- -
- -
- -
7
1
- -
- -
53
46
104
143
88
- -
LT Debt
49
52
56
57
59
61
260
56
119
123
125
129
132
133
140
142
142
Total Equity
8.08
10.11
9.43
3.71
6.04
6.66
8.02
- -
4.78
1.92
1.83
2.09
5.23
3.42
2.38
-1.66
2.31
Return on Invested Capital (%)
7.31
20.98
20.52
7.5
11.96
13.47
7.73
- -
5.73
2.54
2.7
2.89
7.43
4.63
3.5
3.84
10.4
Return on Capital (%)
7.31
20.98
20.52
7.5
11.96
16.85
10.89
-10.76
9.28
3.18
3.51
4.83
13.95
10.39
10.27
14.86
12.09
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
- -
- -
- -
LT Borrowings
143
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
12
12
12
Shares Outstanding
5
5
5
Market Capitalization
92
97
97

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
19
257
74
Cash, Cash Equivalents & STI
10
92
73
Accounts Receivable, Net
- -
165
- -
Inventories
- -
- -
- -
Total Current Liabilities
5
310
2
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
37.93%
2.61%
1.53%
Free Cash Flow
-694.99%
-415.69%
44.25%
Net Income, GAAP
10.07%
48.93%
44.65%
Sales/Revenue/Turnover
31.44%
43.7%
72.06%
Total Cash Common Dividend
144.05%
223.55%
-62.48%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9
9
12
13
43
2025
10
18
- -
- -
74
2026
11
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.34
- -
0.59
- -
1.49
2025
0.57
- -
- -
- -
2.15
2026
0.77
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.26
- -
- -
- -
1.26
2025
0.47
- -
- -
- -
0.47
2026
0.6
- -
- -
- -
- -
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Business
Banco Mercantil de Investimentos S.A. (BMIN3.SA) is a Brazilian investment bank providing short-, medium- and long-term financing services primarily through structured credit solutions; its core offerings include agricultural receivables certificates (CRAs), certificates of real estate receivables (CRIs), debentures, commercial notes (CPs), securitization structures and debt capital market instruments targeting productive projects across various sectors. Incorporated in 1973 and headquartered at Rua Rio de Janeiro No. 654 in Belo Horizonte, Minas Gerais, the company operates nationwide in Brazil as a subsidiary of Banco Mercantil do Brasil S.A., serving corporate clients, investors and project financiers with approximately 400 employees under CEO Paulo Henrique Brant de Araujo. Recent developments include steady financial performance with 2024 revenue of BRL 21.43 million and net earnings of BRL 7.19 million, alongside an annual general meeting in April 2025 and ongoing portfolio growth in credit operations as reflected in parent company reports showing expanded investments and equity positions through 2025.