Banco Mercantil do Brasil Income Statement

Financials in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	7,262	5,511	4,587	3,230	2,301
Interest Income on Investments	1,010	476.82	314.72	293.21	103.38
Total Interest Income	8,272	5,987	4,902	3,523	2,405
Interest Paid on Deposits	3,513	1,956	1,641	1,113	369.51
Interest Paid on Borrowings	-	0.86	1.5	0.92	0.44
Total Interest Expense	3,513	1,957	1,642	1,114	369.95
Net Interest Income	4,759	4,030	3,260	2,409	2,035
Net Interest Income Growth (YoY)	18.08%	23.64%	35.30%	18.41%	27.84%
Gain (Loss) on Sale of Investments	-	-	-	4.09	143.41
Other Non-Interest Income	943.07	813.01	497.59	487.52	408.27
Total Non-Interest Income	943.07	813.01	497.59	491.61	551.68
Non-Interest Income Growth (YoY)	16.00%	63.39%	1.21%	-10.89%	1.86%
Revenues Before Loan Losses	5,702	4,843	3,757	2,901	2,586
Provision for Loan Losses	777.28	461.01	487.24	327.43	344.7
Revenue	4,925	4,382	3,270	2,573	2,242
Revenue Growth (YoY)	12.38%	34.01%	27.07%	14.80%	24.06%
Salaries and Employee Benefits	828.5	671.65	561.94	497.29	491.41
Selling, General & Administrative	1,399	1,115	916.51	846.8	851.45
Other Non-Interest Expense	2,694	1,370	1,103	864.16	641.77
Total Non-Interest Expense	4,922	3,156	2,574	2,196	1,981
EBT Excluding Unusual Items	2.94	1,226	695.95	377.73	260.49
Legal Settlements	-	-200.9	-152.69	-113.6	-91.04
Other Unusual Items	-	-	-	-	-36.37
Pretax Income	2.94	1,025	543.26	264.13	133.08
Income Tax Expense	-637.82	267.83	121.47	63.52	-54.29
Earnings From Continuing Operations	640.76	757.62	421.79	200.62	187.36
Minority Interest in Earnings	-21.33	-5.44	-0.9	-0.04	-2.88
Net Income	619.43	752.18	420.9	200.57	184.49
Net Income to Common	619.43	752.18	420.9	200.57	184.49
Net Income Growth	-17.65%	78.71%	109.85%	8.72%	22.14%
Basic Shares Outstanding	104	104	104	104	104
Diluted Shares Outstanding	104	104	104	104	104
Shares Change (YoY)	-	-	-	0.16%	-0.49%
EPS (Basic)	5.93	7.20	4.03	1.92	1.77
EPS (Diluted)	5.93	7.20	4.03	1.92	1.77
EPS Growth	-17.65%	78.71%	109.85%	8.55%	22.74%
Dividend Per Share	-	-	-	0.500	0.447
Dividend Growth	-	-	-	11.87%	23.16%
Effective Tax Rate	-	26.12%	22.36%	24.05%	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.