Banco Mercantil do Brasil S.A. (BVMF:BMEB4)

Banco Mercantil do Brasil Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	7,798	7,262	5,314	4,587	3,230	2,301
Interest Income on Investments	1,116	1,010	476.82	314.72	293.21	103.38
Total Interest Income	8,914	8,272	5,791	4,902	3,523	2,405
Interest Paid on Deposits	3,892	3,513	1,957	1,641	1,113	369.51
Interest Paid on Borrowings	-	-	-	1.5	0.92	0.44
Total Interest Expense	3,892	3,513	1,957	1,642	1,114	369.95
Net Interest Income	5,022	4,759	3,833	3,260	2,409	2,035
Net Interest Income Growth (YoY)	24.24%	24.15%	17.60%	35.30%	18.41%	27.84%
Gain (Loss) on Sale of Investments	-	-	-	-	4.09	143.41
Other Non-Interest Income	1,193	943.07	793.58	497.59	487.52	408.27
Total Non-Interest Income	1,193	943.07	793.58	497.59	491.61	551.68
Non-Interest Income Growth (YoY)	47.76%	18.84%	59.49%	1.21%	-10.89%	1.86%
Revenues Before Loan Losses	6,215	5,702	4,627	3,757	2,901	2,586
Provision for Loan Losses	820.22	777.28	827.59	487.24	327.43	344.7
Revenue	5,395	4,925	3,799	3,270	2,573	2,242
Revenue Growth (YoY)	42.14%	29.62%	16.18%	27.07%	14.80%	24.06%
Salaries and Employee Benefits	863.31	828.5	671.65	561.94	497.29	491.41
Selling, General & Administrative	1,516	1,399	994.01	916.51	846.8	851.45
Other Non-Interest Expense	2,505	2,449	1,357	1,103	864.16	641.77
Total Non-Interest Expense	4,884	4,677	3,023	2,574	2,196	1,981
EBT Excluding Unusual Items	511.56	248.04	776.43	695.95	377.73	260.49
Legal Settlements	-245.09	-245.09	-200.9	-152.69	-113.6	-91.04
Other Unusual Items	-	-	-	-	-	-36.37
Pretax Income	266.47	2.94	575.53	543.26	264.13	133.08
Income Tax Expense	-537.27	-637.82	64.91	121.47	63.52	-54.29
Earnings From Continuing Operations	803.74	640.76	510.62	421.79	200.62	187.36
Minority Interest in Earnings	-20.34	-21.33	-4	-0.9	-0.04	-2.88
Net Income	783.4	619.43	506.62	420.9	200.57	184.49
Net Income to Common	783.4	619.43	506.62	420.9	200.57	184.49
Net Income Growth	67.53%	22.27%	20.37%	109.85%	8.72%	22.14%
Basic Shares Outstanding	109	104	104	104	104	104
Diluted Shares Outstanding	109	104	104	104	104	104
Shares Change (YoY)	15.38%	-	-	-	0.16%	-0.49%
EPS (Basic)	7.17	5.93	4.85	4.03	1.92	1.77
EPS (Diluted)	7.17	5.93	4.85	4.03	1.92	1.77
EPS Growth	45.20%	22.27%	20.37%	109.85%	8.55%	22.74%
Dividend Per Share	-	-	-	-	0.500	0.447
Dividend Growth	-	-	-	-	11.87%	23.16%
Effective Tax Rate	-	-	11.28%	22.36%	24.05%	-

Source: S&P Global Market Intelligence. Banks template. Financial Sources.