Banco Mercantil do Brasil Past Earnings Performance

Past criteria checks 5/6

Banco Mercantil do Brasil has been growing earnings at an average annual rate of 35.1%, while the Banks industry saw earnings growing at 11.1% annually. Revenues have been growing at an average rate of 18.6% per year. Banco Mercantil do Brasil's return on equity is 35.4%, and it has net margins of 17.1%.

Key information

35.1%

Earnings growth rate

35.2%

EPS growth rate

Banks Industry Growth	8.7%
Revenue growth rate	18.6%
Return on equity	35.4%
Net Margin	17.1%
Last Earnings Update	30 Sep 2024

Recent past performance updates

No updates

Recent updates

No updates

Revenue & Expenses Breakdown

How Banco Mercantil do Brasil makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BOVESPA:BMEB3 Revenue, expenses and earnings (BRL Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	4,088	697	1,656
30 Jun 24	3,738	584	1,560
31 Mar 24	3,522	513	1,518
31 Dec 23	3,270	421	1,478
30 Sep 23	3,024	336	1,426
30 Jun 23	2,868	223	1,432
31 Mar 23	2,739	201	1,389
31 Dec 22	2,573	201	1,344
30 Sep 22	2,394	179	1,361
30 Jun 22	2,424	199	1,396
31 Mar 22	2,270	189	1,369
31 Dec 21	2,242	184	1,343
30 Sep 21	2,285	190	1,337
30 Jun 21	1,961	183	1,164
31 Mar 21	1,899	155	1,167
31 Dec 20	1,807	151	1,177
30 Sep 20	1,745	143	1,128
30 Jun 20	1,717	143	1,100
31 Mar 20	1,671	140	1,084
31 Dec 19	1,664	121	1,066
30 Sep 19	1,605	94	1,036
30 Jun 19	1,549	78	1,012
31 Mar 19	1,503	62	963
31 Dec 18	1,490	53	949
30 Sep 18	1,495	55	955
30 Jun 18	1,537	44	1,008
31 Mar 18	1,584	45	1,046
31 Dec 17	1,547	26	1,049
30 Sep 17	1,487	10	1,051
30 Jun 17	1,435	11	1,003
31 Mar 17	1,431	10	974
31 Dec 16	1,447	18	960
30 Sep 16	1,402	26	953
30 Jun 16	1,351	39	949
31 Mar 16	1,389	77	978
31 Dec 15	1,362	70	1,026
30 Sep 15	1,254	17	1,013
30 Jun 15	1,165	-28	1,005
31 Mar 15	956	-127	968
31 Dec 14	841	-167	931
30 Sep 14	906	-86	940
30 Jun 14	870	-104	936
31 Mar 14	862	-43	940
31 Dec 13	914	4	914

Quality Earnings: BMEB3 has high quality earnings.

Growing Profit Margin: BMEB3's current net profit margins (17.1%) are higher than last year (11.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BMEB3's earnings have grown significantly by 35.1% per year over the past 5 years.

Accelerating Growth: BMEB3's earnings growth over the past year (107.7%) exceeds its 5-year average (35.1% per year).

Earnings vs Industry: BMEB3 earnings growth over the past year (107.7%) exceeded the Banks industry 12.5%.

Return on Equity

High ROE: Whilst BMEB3's Return on Equity (35.35%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 18:40
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

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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