How does BMEB3's PE Ratio compare to its peers?

BMEB3 is good value based on its Price-To-Earnings Ratio (5.5x) compared to the peer average (7.2x).

How does BMEB3's PE Ratio compare vs other companies in the South American Banks Industry?

BMEB3 is good value based on its Price-To-Earnings Ratio (5.5x) compared to the South American Banks industry average (8.3x).

What is BMEB3's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate BMEB3's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of BMEB3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

BMEB3 (R$31.9) is trading above our estimate of [[fair value]] (R$6.64)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

BMEB3 Stock Overview

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

BMEB3 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	5/6
Financial Health	4/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (5.5x) is below the BR market (8.4x)

Earnings grew by 107.7% over the past year

Risk Analysis

Volatile share price over the past 3 months compared to the BR market

My Notes

Capture your thoughts, links and company narrative

Banco Mercantil do Brasil S.A. Competitors

Banco ABC Brasil

BOVESPA:ABCB4

R$4.9b

Banco do Estado do Rio Grande do Sul

BOVESPA:BRSR6

R$5.0b

Banco BMG

BOVESPA:BMGB4

R$2.2b

Banco Pan

BOVESPA:BPAN4

R$8.6b

Price History & Performance

Summary of share price highs, lows and changes for Banco Mercantil do Brasil
Historical stock prices
Current Share Price	R$31.90
52 Week High	R$39.99
52 Week Low	R$18.10
Beta	0.49
1 Month Change	-13.78%
3 Month Change	-19.24%
1 Year Change	85.47%
3 Year Change	155.20%
5 Year Change	387.77%
Change since IPO	811.43%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	BMEB3	BR Banks	BR Market
7D	0.1%	-0.4%	-2.1%
1Y	85.5%	-14.1%	-11.7%

Return vs Industry: BMEB3 exceeded the BR Banks industry which returned -14.1% over the past year.

Return vs Market: BMEB3 exceeded the BR Market which returned -11.7% over the past year.

Price Volatility

Is BMEB3's price volatile compared to industry and market?
BMEB3 volatility
BMEB3 Average Weekly Movement	7.3%
Banks Industry Average Movement	3.4%
Market Average Movement	5.1%
10% most volatile stocks in BR Market	9.5%
10% least volatile stocks in BR Market	2.8%

Stable Share Price: BMEB3's share price has been volatile over the past 3 months compared to the BR market.

Volatility Over Time: BMEB3's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of BR stocks.

About the Company

Founded	Employees	CEO	Website
1943	2,958	Gustavo Henrique de Araujo	www.bancomercantil.com.br

Banco Mercantil do Brasil S.A. provides financial services to individuals and corporate clients in Brazil. It offers current accounts; loans; cards; insurance products; investment banking; and online banking service. The company was founded in 1943 and is headquartered in Belo Horizonte, Brazil.

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$3.75b
Earnings (TTM)	R$697.44m
Revenue (TTM)	R$4.09b

5.5x

P/E Ratio

2.0x

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$4.09b
Cost of Revenue	R$0
Gross Profit	R$4.09b
Other Expenses	R$3.39b
Earnings	R$697.44m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	6.68
Gross Margin	100.00%
Net Profit Margin	17.06%
Debt/Equity Ratio	161.5%

How did BMEB3 perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

16%

Payout Ratio

Does BMEB3 pay a reliable dividends?

See BMEB3 dividend history and benchmarks

When do you need to buy BMEB3 by to receive an upcoming dividend?
Banco Mercantil do Brasil dividend dates
Ex Dividend Date	Dec 23 2024
Dividend Pay Date	Feb 05 2025
Days until Ex dividend	1 day
Days until Dividend pay date	43 days

Does BMEB3 pay a reliable dividends?

See BMEB3 dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 03:53
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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 here.

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 .

Analyst Sources

Banco Mercantil do Brasil S.A. is covered by 1 analysts. 0 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
Enrique Yáguez Avilés	Mirabaud Securities Limited