Banco Mercantil de Investimentos S.A. (BVMF:BMIN3)

BVMF:BMIN3 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	20.79	1.29	10.65	16.15	7.28	2.7
Interest Income on Investments	34.59	38.18	24.74	25.3	11.25	8.52
Total Interest Income	55.38	39.47	35.39	41.45	18.53	11.21
Interest Paid on Deposits	40.93	21.48	14.3	19.54	5.96	2.12
Net Interest Income	14.45	17.99	21.1	21.91	12.58	9.09
Net Interest Income Growth (YoY)	-24.50%	-14.75%	-3.69%	74.20%	38.40%	-8.65%
Gain (Loss) on Sale of Equity Investments	-0.1	-0.11	0.02	0.07	-0.1	-
Other Non-Interest Income	2.32	3.56	4.03	2.63	4.68	3.49
Total Non-Interest Income	2.22	3.45	4.05	2.71	4.58	3.49
Non-Interest Income Growth (YoY)	-56.57%	-14.63%	49.46%	-40.86%	31.22%	9.72%
Revenues Before Loan Losses	16.67	21.44	25.14	24.61	17.15	12.58
Provision for Loan Losses	0.51	0.01	-0.04	-0.23	0.07	-0.02
Revenue	16.16	21.43	25.18	24.84	17.08	12.59
Revenue Growth (YoY)	-33.17%	-14.91%	1.37%	45.44%	35.66%	-5.40%
Salaries and Employee Benefits	8.22	7.9	7.89	6.13	5.64	5.15
Selling, General & Administrative	2.27	2.35	4.31	6.33	2.9	2.83
Other Non-Interest Expense	-9.62	-0.79	1.31	0.71	0.48	0.06
Total Non-Interest Expense	0.88	9.46	13.52	13.17	9.01	8.04
EBT Excluding Unusual Items	15.28	11.97	11.66	11.67	8.07	4.55
Legal Settlements	-0.15	-0.27	0.39	1.2	-2.21	-0.04
Other Unusual Items	-	-	-	-	-	-0.51
Pretax Income	15.13	11.7	12.05	12.87	5.85	4.01
Income Tax Expense	6.18	4.51	4.78	3.11	2.48	1.56
Net Income	8.95	7.19	7.27	9.76	3.38	2.45
Net Income to Common	8.95	7.19	7.27	9.76	3.38	2.45
Net Income Growth	21.82%	-1.09%	-25.55%	189.07%	37.57%	10.19%
Basic Shares Outstanding	5	5	5	5	5	5
Diluted Shares Outstanding	5	5	5	5	5	5
EPS (Basic)	1.85	1.49	1.51	2.02	0.70	0.51
EPS (Diluted)	1.85	1.49	1.51	2.02	0.70	0.51
EPS Growth	21.82%	-1.09%	-25.55%	189.07%	37.57%	10.19%
Dividend Per Share	-	-	1.331	1.351	1.190	1.190
Dividend Growth	-	-	-1.52%	13.54%	-	-
Effective Tax Rate	40.86%	38.58%	39.69%	24.16%	42.33%	38.79%

Updated Feb 5, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.