Banco Mercantil do Brasil S.A. (BVMF:BMEB3)

Banco Mercantil do Brasil Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	6,740	5,511	4,587	3,230	2,301	1,914
Interest Income on Investments	876.89	476.82	314.72	293.21	103.38	112.01
Total Interest Income	7,616	5,987	4,902	3,523	2,405	2,026
Interest Paid on Deposits	3,057	1,956	1,641	1,113	369.51	422.5
Interest Paid on Borrowings	0.19	0.86	1.5	0.92	0.44	11.77
Total Interest Expense	3,057	1,957	1,642	1,114	369.95	434.28
Net Interest Income	4,560	4,030	3,260	2,409	2,035	1,592
Net Interest Income Growth (YoY)	19.62%	23.64%	35.30%	18.41%	27.84%	0.38%
Gain (Loss) on Sale of Assets	-	-	-	-	-	-48.6
Gain (Loss) on Sale of Investments	-	-	-	4.09	143.41	121.06
Other Non-Interest Income	822.23	813.01	497.59	487.52	408.27	469.17
Total Non-Interest Income	822.23	813.01	497.59	491.61	551.68	541.62
Non-Interest Income Growth (YoY)	13.57%	63.39%	1.21%	-10.89%	1.86%	9.92%
Revenues Before Loan Losses	5,382	4,843	3,757	2,901	2,586	2,133
Provision for Loan Losses	707.59	461.01	487.24	327.43	344.7	326.31
Revenue	4,674	4,382	3,270	2,573	2,242	1,807
Revenue Growth (YoY)	14.35%	34.01%	27.07%	14.80%	24.06%	8.56%
Salaries and Employee Benefits	766.88	671.65	561.94	497.29	491.41	490.61
Selling, General & Administrative	1,289	1,115	916.51	846.8	851.45	686.14
Other Non-Interest Expense	1,554	1,370	1,103	864.16	641.77	495.49
Total Non-Interest Expense	3,612	3,156	2,574	2,196	1,981	1,640
EBT Excluding Unusual Items	1,062	1,226	695.95	377.73	260.49	167.19
Legal Settlements	-71.18	-200.9	-152.69	-113.6	-91.04	36.56
Other Unusual Items	-	-	-	-	-36.37	-
Pretax Income	990.74	1,025	543.26	264.13	133.08	203.74
Income Tax Expense	157.59	267.83	121.47	63.52	-54.29	50.39
Earnings From Continuing Operations	833.15	757.62	421.79	200.62	187.36	153.36
Minority Interest in Earnings	-19.83	-5.44	-0.9	-0.04	-2.88	-2.31
Net Income	813.33	752.18	420.9	200.57	184.49	151.05
Net Income to Common	813.33	752.18	420.9	200.57	184.49	151.05
Net Income Growth	16.61%	78.71%	109.85%	8.72%	22.14%	24.42%
Basic Shares Outstanding	-	104	104	104	104	105
Diluted Shares Outstanding	-	104	104	104	104	105
Shares Change (YoY)	-	-	-	0.16%	-0.49%	-
EPS (Basic)	-	7.20	4.03	1.92	1.77	1.44
EPS (Diluted)	-	7.20	4.03	1.92	1.77	1.44
EPS Growth	-	78.71%	109.85%	8.55%	22.74%	24.42%
Dividend Per Share	-	-	-	0.500	0.447	0.363
Dividend Growth	-	-	-	11.87%	23.16%	24.42%
Effective Tax Rate	15.91%	26.12%	22.36%	24.05%	-	24.73%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.