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

Banco Mercantil do Brasil Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	3,687	2,793	1,803	1,213	1,905	2,535
Investment Securities	1,737	1,080	852.85	1,151	1,175	1,010
Trading Asset Securities	-	-	-	-	-	34.31
Total Investments	1,762	1,080	852.85	1,151	1,175	1,044
Gross Loans	14,691	14,093	10,978	8,672	6,302	4,750
Allowance for Loan Losses	-	-484	-465.86	-392.5	-411.37	-502.97
Net Loans	14,691	13,609	10,512	8,280	5,890	4,247
Property, Plant & Equipment	445.38	161.24	149.42	162.89	176.15	137.75
Other Intangible Assets	123.91	115.56	100.74	81.72	69.26	56.64
Investments in Real Estate	3.08	3.08	3.1	3.13	-	-
Accrued Interest Receivable	-	-	-	27.22	24.77	17.42
Other Receivables	187.99	171.25	130.12	172.89	173.23	147.75
Other Current Assets	689.78	358.54	206.61	450.41	339.36	384.62
Long-Term Deferred Tax Assets	550.08	528.62	555.37	612.77	555.38	583.7
Other Long-Term Assets	21.21	462	535.33	268.61	409.25	819.25
Total Assets	22,161	19,283	14,848	12,423	10,718	9,973
Accrued Expenses	139.39	122.55	56.56	172.58	143.93	106.78
Interest Bearing Deposits	15,403	13,272	10,299	8,750	7,592	6,396
Non-Interest Bearing Deposits	545.49	625.21	542.85	480.75	443.06	312.97
Total Deposits	15,948	13,898	10,842	9,231	8,035	6,709
Short-Term Borrowings	19.11	61.79	30.76	106.22	146.85	236.53
Current Portion of Long-Term Debt	188.58	223.55	105.74	100.51	88.83	737.62
Current Income Taxes Payable	118.57	72.95	50.47	42.33	39.39	33.35
Other Current Liabilities	850.76	834.36	740.81	705.77	435.78	459.9
Long-Term Debt	2,223	1,739	636.71	426.8	416.92	370.38
Long-Term Unearned Revenue	-	-	-	-	0.31	0.34
Long-Term Deferred Tax Liabilities	6.3	34.57	4.87	7.48	2.73	0.01
Other Long-Term Liabilities	856.68	702.04	1,061	459.19	370.1	384.81
Total Liabilities	20,351	17,689	13,529	11,252	9,684	9,041
Common Stock	807.2	702.37	597.54	597.54	492.71	492.71
Additional Paid-In Capital	43.38	43.38	43.38	43.38	43.38	43.38
Retained Earnings	920.5	806.7	620.62	478.08	463.11	365.96
Treasury Stock	-3.83	-3.83	-3.83	-5.61	-	-
Comprehensive Income & Other	6.41	4.44	15.3	11.11	-11.22	-14.54
Total Common Equity	1,774	1,553	1,273	1,124	987.97	887.5
Minority Interest	36.49	41.24	46.53	46.98	45.94	44.34
Shareholders' Equity	1,810	1,594	1,320	1,171	1,034	931.83
Total Liabilities & Equity	22,161	19,283	14,848	12,423	10,718	9,973
Total Debt	2,430	2,025	773.21	633.53	652.6	1,345
Net Cash (Debt)	1,401	768.59	1,029	579.05	1,252	1,225
Net Cash Growth	100.35%	-25.34%	77.78%	-53.77%	2.27%	207.03%
Net Cash Per Share	13.41	7.36	9.85	5.55	11.95	11.68
Filing Date Shares Outstanding	104.48	104.48	104.48	104.32	104.83	104.83
Total Common Shares Outstanding	104.48	104.48	104.48	104.32	104.83	104.83
Book Value Per Share	16.98	14.86	12.18	10.78	9.42	8.47
Tangible Book Value	1,650	1,437	1,172	1,043	918.71	830.86
Tangible Book Value Per Share	15.79	13.76	11.22	10.00	8.76	7.93

Source: S&P Capital IQ. Banks template. Financial Sources.