Banco Mercantil do Brasil (BMEB3) Stock Overview

Provides financial services to individuals and corporate clients in Brazil. More details

BMEB3 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	6/6
Past Performance	4/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 5.3% below our estimate of its fair value

Earnings are forecast to grow 20.12% per year

Earnings grew by 67.5% over the past year

Risk Analysis

Shareholders have been diluted in the past year

Large one-off items impacting financial results

BMEB3 Community Fair Values

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Banco Mercantil do Brasil S.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Banco Mercantil do Brasil
Historical stock prices
Current Share Price	R$62.45
52 Week High	R$75.49
52 Week Low	R$30.21
Beta	0.52
1 Month Change	9.68%
3 Month Change	-13.80%
1 Year Change	92.15%
3 Year Change	443.04%
5 Year Change	531.45%
Change since IPO	1,684.29%

Recent updates

Shareholder Returns

	BMEB3	BR Banks	BR Market
7D	2.0%	-2.1%	-1.2%
1Y	92.2%	6.9%	13.2%

Return vs Industry: BMEB3 exceeded the BR Banks industry which returned 6.2% over the past year.

Return vs Market: BMEB3 exceeded the BR Market which returned 13% over the past year.

Price Volatility

Is BMEB3's price volatile compared to industry and market?
BMEB3 volatility
BMEB3 Average Weekly Movement	6.6%
Banks Industry Average Movement	4.1%
Market Average Movement	4.8%
10% most volatile stocks in BR Market	8.1%
10% least volatile stocks in BR Market	1.9%

Stable Share Price: BMEB3 has not had significant price volatility in the past 3 months compared to the BR market.

Volatility Over Time: BMEB3's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1940	3,096	Luiz Andrade de Araujo	bancomercantil.com.br

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.

Banco Mercantil do Brasil S.A. Fundamentals Summary

How do Banco Mercantil do Brasil's earnings and revenue compare to its market cap?
BMEB3 fundamental statistics
Market cap	R$8.26b
Earnings (TTM)	R$783.40m
Revenue (TTM)	R$5.40b

12.1x

P/E Ratio

3.2x

P/B Ratio

Is BMEB3 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BMEB3 income statement (TTM)
Revenue	R$5.40b
Cost of Revenue	R$0
Gross Profit	R$5.40b
Other Expenses	R$4.61b
Earnings	R$783.40m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)	6.35
Gross Margin	100.00%
Net Profit Margin	14.52%
Debt/Equity Ratio	322.9%

How did BMEB3 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/03 18:50
End of Day Share Price	2026/06/02 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Banco Mercantil do Brasil S.A. is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Daniel Vaz	J. Safra Corretora de Valores e Cambio Ltda
Henrique Navarro	Santander
Bernardo Guttmann	XP Investimentos

Banco Mercantil do Brasil S.A.BOVESPA:BMEB3 Stock Report