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Banco Mercantil do Brasil S.A

Banco Mercantil do Brasil S.A

BMEB3 · SA · Financial Services / Banks - Regional

48.12BRL+0.02 (+0.04%)

Price History

Full chart

Market Stats

Previous Close48.10
Open48.12
Day Range48.12 – 48.12
52-Week Range39.06 – 73.34
Volume100
Market Cap6.56B
P/E (TTM)6.30
Forward P/E23.09
EPS8.06
Dividend Yield6.20%
Beta0.64
50-Day Avg50.05
200-Day Avg56.45

About

Banco Mercantil do Brasil S.A., together with its subsidiaries, provides financial services to individuals and corporate clients in Brazil. It operates through Financial, Insurance and Business Intermediation, Marketplace, and Other segments. The company offers Current Account, Loans, Cards, Investments, Card receivables, Overdraft, private pension, benefit transfer, special limit, and capital market products. It also provides internet, WhatsApp, Mercantile app, and self-service banking services. In addition, the company engages in real estate, securitization, and technology activities. The company was formerly known as Banco Industrial de Minas Gerais and changed its name to Banco Mercantil do Brasil S.A. in 1974. Banco Mercantil do Brasil S.A. was founded in 1940 and is headquartered in Belo Horizonte, Brazil.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Luiz Henrique Andrade de Araujo
  • Employees3.82K
  • HeadquartersAvenida do Contorno, 5800, Belo Horizonte, MG, Brazil, 30110-042, Brazil
  • Websitehttps://bancomercantil.com.br

Leadership

  • Mr. Luiz Henrique Andrade de AraujoCEO, President, Member of Executive Board & Director · b. 1958
  • Engineer Gustavo Henrique Diniz de AraujoCEO, Executive VP, Member of Executive Board & Director · b. 1989
  • Mr. Paulino Ramos RodriguesVP, Chief Financial & IR Officer and Member of Executive Board
  • Ms. Carolina Marinho do Vale DuarteExecutive Director of Legal, Ombudsman & Gov. Corporate and Member of Executive Board
  • Mr. Felipe Lopes BoffVP, Chief Technology, Products & Services Officer and Member of Executive Board
  • Mr. Gregorio Moreira FrancoExecutive Director of Controllership & Member of Executive Board
  • Ms. Mariana Machado de Araújo de Souza LimaDirector of Risks & Compliance and Member of Executive Board
  • Mr. Bruno Pinto SimonVP, Chief Clients, Growth & Marketing Officer and Member of Executive Board
  • Mr. Anderson Adeilson de OliveiraChief Commercial Officer & Member of Executive Board
  • Mr. Rodrigo de Araujo SimoesDirector of Operations & Process Efficiency and Member of Executive Board

Financials

Income Statement

Currency: BRL2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.38B1.45B1.62B1.63B473.26M876.92M1.08B962.42M1.53B1.63B1.67B2.27B2.30B2.31B1.99B1.40B2.10B2.53B2.99B3.82B6.62B8.73B
Growth (%)-+5.17%+11.70%+0.36%-70.98%+85.29%+23.42%-11.08%+58.92%+6.84%+1.95%+36.18%+1.32%+0.41%-13.98%-29.71%+50.59%+20.23%+18.24%+27.83%+73.29%+31.95%
Cost of Revenue----1.13B641.62M868.09M1.05B983.48M948.15M1.20B1.53B1.10B780.35M740.03M483.82M434.28M369.95M1.11B1.64B1.96B4.28B
Gross Profit----473.26M876.92M1.08B962.42M1.53B1.63B1.67B2.27B2.30B2.31B1.99B1.40B2.10B2.53B2.99B3.82B4.66B4.45B
Gross Margin----100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%70.42%50.98%
Operating Expense-----687.84M196.36M17.26M-470.73M460.67M703.15M754.67M733.53M2.27B1.46B1.29B1.33B1.90B2.40B1.61B3.25B4.08B4.45B
Operating Income20.09M-7.56M26.56M-72.69M1.16B680.56M1.07B1.43B1.07B931.02M911.36M1.54B26.13M844.35M696.64M62.90M201.44M130.20M1.38B571.25M575.52M2.94M
Operating Margin1.45%-0.52%1.63%-4.46%245.34%77.61%98.41%148.91%69.88%56.97%54.70%67.67%1.14%36.58%35.09%4.51%9.59%5.15%46.11%14.96%8.70%0.03%
EBITDA78.88M-7.56M26.56M-72.69M89.01M88.01M257.79M101.06M153.69M33.21M-261.78M60.68M80.17M108.01M230.39M164.57M282.63M231.23M333.28M612.09M730.06M158.05M
EBITDA Margin5.70%-0.52%1.63%-4.46%18.81%10.04%23.82%10.50%10.05%2.03%-15.71%2.67%3.49%4.68%11.60%11.79%13.45%9.15%11.16%16.03%11.03%1.81%
Net Income36.34M17.85M19.95M36.72M43.03M42.87M135.21M83.76M63.33M3.85M-167.39M70.43M18.32M26.24M53.40M110.74M151.05M184.49M200.57M420.90M506.62M619.43M
Net Income Margin2.63%1.23%1.23%2.25%9.09%4.89%12.49%8.70%4.14%0.24%-10.05%3.10%0.80%1.14%2.69%7.94%7.19%7.30%6.71%11.02%7.66%7.09%
Interest Expense26.89M---1.13B641.62M868.09M1.39B983.48M948.15M1.20B1.53B1.10B780.35M573.62M637.82M434.28M369.95M1.11B1.56B1.96B3.50B
Interest Expense % of Total Revenue1.94%---238.96%73.17%80.21%144.53%64.30%58.02%72.23%67.46%47.88%33.81%28.89%45.71%20.67%14.64%37.27%40.93%29.58%40.12%

Balance Sheet

Currency: BRL2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets4.55B4.72B5.58B7.25B6.79B7.86B9.47B10.52B13.52B13.56B13.28B12.41B10.55B9.69B9.56B10.44B10.72B12.42B14.85B19.67B25.48B35.56B
Total Liabilities4.07B4.17B5.01B6.69B6.23B7.28B8.76B9.77B12.64B12.66B12.56B11.66B9.66B8.88B8.71B968.63M564.11M541.50M13.53B18.06B23.58B33.23B
Total Equity366.37M433.17M444.11M463.00M521.07M546.04M673.18M703.73M823.88M848.52M667.82M708.03M700.34M766.29M800.10M885.26M987.97M1.12B1.27B1.57B1.86B2.29B
Cash----216.42M2.81B3.04B3.02B3.74B3.16B928.81M2.83B2.40B1.67B1.74B3.09B2.30B1.69B2.05B2.00B1.99B2.25B
Total Debt214.63M407.14M1.52B2.31B197.17M146.86M99.67M393.30M1.17B1.20B1.21B1.58B872.52M1.30B1.08B1.41B676.71M778.53M842.78M952.75M4.37B8.36B
Net Debt214.63M407.14M1.52B2.31B-19.25M-2.66B-2.94B-2.63B-2.58B-1.96B278.94M-1.25B-1.53B-710.11M-833.15M-2.12B-1.74B-1.14B-1.40B-1.05B2.39B6.11B

Cash Flow

Currency: BRL2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow50.84M46.22M258.37M35.19M11.82M913.81M424.33M-204.32M-160.18M284.06M257.52M-187.09M340.99M1.04B-40.20M-744.32M280.70M-109.26M1.66B1.68B
Investing Cash Flow-19.92M-40.43M79.01M-16.27M-33.56M-35.97M-41.74M26.55M-48.40M-49.78M-67.31M-195.37M77.83M101.69M13.10M112.60M204.74M-39.91M-402.84M-7.69B
Financing Cash Flow-15.60M-15.62M2.46M-79.86M382.22M-510.82M202.90M284.96M-73.59M-259.05M60.02M-686.88M-109.17M12.56M-604.54M-61.30M104.61M1.14B-125.20M8.37B
Capital Expenditure24.61M41.18M18.54M30.16M41.49M50.52M30.66M34.11M34.32M30.59M52.67M69.16M58.28M145.84M111.70M76.57M75.07M52.70M141.18M81.74M
Free Cash Flow26.22M5.04M239.83M5.03M-29.67M863.29M393.67M-238.43M-194.50M253.46M204.85M-256.25M282.70M892.76M-151.90M-820.89M205.63M-215.13M1.52B1.60B
Dividends Paid15.60M15.62M17.71M76.00K6.98M-36.36M27.95M6.32M28.18M29.43M7.86M14.05M16.85M35.25M64.94M56.62M80.70M183.82M134.19M
FCF to OCF51.58%10.91%92.82%14.30%-250.97%94.47%92.77%116.69%121.43%89.23%79.55%136.97%82.91%85.96%377.86%110.29%73.26%196.91%91.49%95.14%
Dividend Paid to FCF59.48%309.78%7.38%1.51%-23.53%-9.24%-11.72%-3.25%11.12%14.37%-3.07%4.97%1.89%-23.20%-7.91%27.53%-37.51%12.11%8.39%

Earnings

Report DateMar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Mar 31, 2013Jun 30, 2013Sep 30, 2013Mar 31, 2014Jun 30, 2014Sep 30, 2014Feb 28, 2015Jun 30, 2015Sep 30, 2015Dec 31, 2015Mar 31, 2016Jun 30, 2016Sep 30, 2016Dec 31, 2016Mar 31, 2017Jun 30, 2017Sep 30, 2017Dec 31, 2017Mar 31, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Mar 31, 2020Jun 30, 2020Sep 30, 2020Dec 31, 2020Mar 31, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022
EPS Estimate------------------------------------------
EPS Actual1.910.100.160.050.180.690.140.120.08-0.56-0.40-0.59-0.330.030.490.160.080.100.080.02-0.010.010.100.010.150.190.110.130.270.230.270.390.450.250.270.470.490.470.380.420.450.46
Surprise------------------------------------------
Timing------------------------------------------

Key Statistics & Ratios

Market Cap6.56B
Enterprise Value7.44B
Trailing P/E6.30
Forward P/E23.09
PEG Ratio0.00
Price / Sales1.17
Price / Book2.18
EPS8.06
Book Value25.44
Revenue (TTM)5.60B
Gross Profit (TTM)5.60B
Profit Margin14.88%
Operating Margin24.62%
Return on Equity32.41%
Return on Assets2.48%
Shares Outstanding84.05M
Shares Float39.01M
Beta0.64
Dividend Yield6.20%
Dividend Rate3.15
Payout Ratio20.59%

Dividends

20262×
1.49Aug 7, 20260.05Mar 6, 2026
20252×
1.66Dec 30, 20250.02Feb 7, 2025
20242×
1.06Dec 20, 20240.94Jul 29, 2024
20233×
0.75Dec 27, 20230.45Aug 11, 20230.24Mar 10, 2023
20222×
0.25Oct 3, 20220.27Feb 21, 2022
20212×
0.40Aug 16, 20210.78Feb 18, 2021
20202×
0.31Feb 27, 20200.62Feb 21, 2020
20191×
0.05Feb 25, 2019
20162×
0.30Aug 16, 20160.30Mar 17, 2016
20151×
0.33Aug 12, 2015
20141×
0.33Feb 25, 2014
20133×
0.30Aug 8, 20130.17Feb 18, 20130.33Feb 15, 2013
20121×
0.33Aug 10, 2012

Stock Splits

  • Dec 3, 2021200:100
  • Jan 21, 20081:20