B3 · BRL
BMEB3
BCO Mercantil do Brasil SA
- Day's range
- R$49.40 – R$49.61
- Day's volume
- R$143.5k
- 52-week range
- R$37.38 – R$75.49
Follow BMEB3 on Fuolio
See how BMEB3 weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountBMEB3 in numbers
- Market cap
- R$6.5bn
- P/E
- 7.48
- P/B
- 1.95
- Dividend yield (12m)
- 6.46%
The 12-month dividend yield of BMEB3 is 6.46%, below its 5-year average of 6.48%.
BMEB3 price history
BMEB3 risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +19.09% | +328.56% | +448.28% |
| Volatility (annualised) | 46.91% | 49.92% | 44.24% |
| Largest drawdown | -32.30% | -32.30% | -32.61% |
| Positive months | 6/12 | 22/36 | 36/60 |
How much did investing in BMEB3 return?
R$1,000.00 invested on 01/09/2021 would be worth R$5,604.17 today.
- Value today in BMEB3
- R$5,604.17
- Return over the period
- +460.42%
- Return per year
- +41.16%
- In the Ibovespa
- R$1,657.66
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
BMEB3 fundamentals
Valuation
- P/E7.48
- P/B1.95
- EV/EBITDA—
- EV/EBIT—
- EV/Revenue0.68
- P/EBIT—
- P/S0.68
- P/OCF7.00
- P/FCF5.92
- Earnings yield—
- PEG ratio0.16
- Earnings per shareR$6.62
- Book value per shareR$25.37
Debt
- Net debt—
- Net debt/EBITDA—
- Net debt/Equity—
- Debt/Equity—
- Current ratio1.09
- Quick ratio0.28
- Cash ratio—
Efficiency
- Gross margin45.26%
- EBITDA margin—
- Operating margin—
- Net margin8.94%
- Asset turnover0.24
Profitability
- ROE26.08%
- ROA2.19%
- ROIC—
- Payout48.30%
Growth
- Revenue CAGR (5 years)—
- Earnings CAGR (5 years)—
- Revenue growth (year)39.66%
- Earnings growth (year)0.15%
- Revenue growth (quarter)38.22%
- Earnings growth (quarter)45.48%
What is BMEB3's fair price?
Two classic value formulas, with today's numbers. The current price is R$49.48.
- Graham's fair price
- R$61.45
- 24.20% above the price
√(22.50 × R$6.62 × R$25.37)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- R$22.75
- 54.02% below the price
R$1.37 (5-year average) ÷ 6%
Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.
Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.
BMEB3 indicators by year
Multiples at each year's closing price; margins and returns from that year's accounts.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 10.33 | 4.41 | 5.10 | 5.23 | 12.69 | 4.74 | 6.19 | 6.51 |
| P/B | 3.34 | 1.75 | 1.33 | 0.77 | 2.07 | 0.81 | 0.74 | 0.43 |
| Dividend yield | 1.72% | 9.74% | 3.56% | 7.53% | 9.83% | 7.56% | 1.53% | 0.00% |
| Earnings per share | R$6.09 | R$7.18 | R$4.01 | R$1.91 | R$1.89 | R$3.48 | R$2.11 | R$1.08 |
| Book value per share | R$18.85 | R$18.07 | R$15.38 | R$13.00 | R$11.59 | R$20.29 | R$17.75 | R$16.37 |
| ROE | 32.29% | 39.70% | 26.11% | 14.72% | 16.34% | 17.16% | 11.90% | 6.62% |
| Gross margin | 48.05% | 52.91% | 54.70% | 53.83% | 62.31% | 74.50% | 71.39% | 67.49% |
| Net margin | 9.12% | 12.72% | 8.94% | 5.48% | 7.91% | 8.20% | 4.97% | 2.50% |
BMEB3 financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | R$8.3bn | R$5.9bn | R$4.7bn | R$3.7bn | R$2.5bn | R$2.2bn |
| Cost of sales | -R$4.3bn | -R$2.8bn | -R$2.1bn | -R$1.7bn | -R$946m | -R$567.5m |
| Gross profit | R$4bn | R$3.1bn | R$2.6bn | R$2bn | R$1.6bn | R$1.7bn |
| EBITDA | — | — | — | — | — | — |
| EBIT | — | — | — | — | — | — |
| Net finance result | — | — | — | — | — | — |
| Profit before tax | R$2.9m | R$575.5m | R$492.9m | R$263.4m | R$160.4m | R$260.6m |
| Income tax | R$637.8m | -R$64.9m | -R$97.5m | -R$63.5m | R$41.2m | -R$76.2m |
| Net income | R$753.3m | R$752.2m | R$420.9m | R$200.6m | R$198.6m | R$182.5m |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
BMEB3 against its sector
The same indicators for the company's other shares and the sector's largest stocks.
| Stock | P/E | P/B | Dividend yield (12m) | ROE | Market cap |
|---|---|---|---|---|---|
| BMEB3Banco Mercantil Do Brasil | 7.48 | 1.95 | 6.46% | 26.08% | R$6.5bn |
| ITUB4ITAU UNIBANCO HOLDING S.A. | 10.43 | 2.24 | 7.15% | 21.50% | R$511.8bn |
| ITUB3ITAU UNIBANCO HOLDING S.A. | 11.41 | 2.45 | 6.53% | 21.50% | R$511.8bn |
| BPAC3BCO BTG PACTUAL S.A. | 15.68 | 3.48 | 1.91% | 22.20% | R$271.9bn |
| BPAC5BCO BTG PACTUAL S.A. | 13.14 | 2.92 | 2.28% | 22.20% | R$271.9bn |
| BBDC4BCO BRADESCO S.A. | 7.92 | 1.08 | 6.80% | 13.66% | R$183.9bn |
| BBDC3BCO BRADESCO S.A. | 6.94 | 0.95 | 7.05% | 13.66% | R$183.9bn |
Does BMEB3 pay dividends?
Dividend yield per year
- 0.00%2017
- 0.00%2018
- 1.53%2019
- 7.56%2020
- 9.83%2021
- 7.53%2022
- 3.56%2023
- 9.74%2024
- 1.72%2025
- 6.46%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Interest on equity | 07/08/2026 | 19/08/2026 | R$1.49 |
| Dividend | 06/03/2026 | 18/03/2026 | R$0.05 |
| Dividend | 30/12/2025 | 14/01/2026 | R$1.66 |
| Interest on equity | 07/02/2025 | 19/02/2025 | R$0.02 |
| Interest on equity | 20/12/2024 | 05/02/2025 | R$1.06 |
| Interest on equity | 29/07/2024 | 07/08/2024 | R$0.94 |
| Interest on equity | 27/12/2023 | 07/02/2024 | R$0.64 |
| Interest on equity | 27/12/2023 | 07/02/2024 | R$0.75 |
| Dividend | 27/12/2023 | 07/02/2024 | R$0.75 |
| Interest on equity | 11/08/2023 | 18/08/2023 | R$0.45 |
| Interest on equity | 10/03/2023 | 17/03/2023 | R$0.28 |
| Interest on equity | 03/10/2022 | 11/10/2022 | R$0.25 |
See all 63 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 21/02/2022 | 08/03/2022 | R$0.03 |
| Interest on equity | 21/02/2022 | 08/03/2022 | R$0.23 |
| Dividend | 31/12/2021 | 08/03/2022 | R$0.03 |
| Interest on equity | 31/12/2021 | 08/03/2022 | R$0.20 |
| Interest on equity | 16/08/2021 | 26/08/2021 | R$0.40 |
| Interest on equity | 18/02/2021 | 05/03/2021 | R$0.78 |
| Interest on equity | 26/02/2020 | 10/03/2020 | R$0.62 |
| Interest on equity | 25/02/2019 | 26/03/2019 | R$0.05 |
| Interest on equity | 31/12/2018 | 26/03/2019 | R$0.05 |
| Interest on equity | 16/08/2016 | 06/09/2016 | R$0.30 |
| Interest on equity | 17/03/2016 | 14/04/2016 | R$0.30 |
| Interest on equity | 31/12/2015 | 15/03/2016 | R$0.26 |
| Interest on equity | 12/08/2015 | 09/09/2015 | R$0.33 |
| Interest on equity | 25/02/2014 | 25/03/2014 | R$0.33 |
| Interest on equity | 08/08/2013 | 05/09/2013 | R$0.30 |
| Interest on equity | 15/02/2013 | 13/03/2013 | R$0.33 |
| Interest on equity | 10/08/2012 | 05/09/2012 | R$0.33 |
| Interest on equity | 10/02/2012 | 13/03/2012 | R$0.25 |
| Interest on equity | 05/08/2011 | 31/08/2011 | R$0.52 |
| Interest on equity | 11/02/2011 | 15/03/2011 | R$0.33 |
| Dividend | 06/08/2010 | 31/08/2010 | R$0.19 |
| Interest on equity | 06/08/2010 | 31/08/2010 | R$0.86 |
| Interest on equity | 23/07/2009 | 25/08/2009 | R$0.26 |
| Interest on equity | 15/01/2009 | 17/02/2009 | R$0.25 |
| Interest on equity | 12/08/2008 | 09/09/2008 | R$0.32 |
| Interest on equity | 29/01/2008 | 25/02/2008 | R$0.25 |
| Interest on equity | 17/08/2007 | 10/09/2007 | R$12.72 |
| Interest on equity | 11/02/2010 | — | R$0.26 |
| Interest on equity | 16/01/2007 | — | R$12.71 |
| Interest on equity | 21/08/2006 | — | R$12.71 |
| Interest on equity | 20/01/2006 | — | R$12.71 |
| Interest on equity | 19/08/2005 | — | R$12.71 |
| Interest on equity | 12/01/2005 | — | R$12.35 |
| Interest on equity | 16/08/2004 | — | R$12.35 |
| Interest on equity | 09/01/2004 | — | R$12.35 |
| Interest on equity | 19/08/2003 | — | R$12.35 |
| Dividend | 14/02/2003 | — | R$10.50 |
| Dividend | 16/08/2002 | — | R$10.50 |
| Interest on equity | 28/12/2001 | — | R$12.35 |
| Interest on equity | 10/07/2001 | — | R$12.35 |
| Interest on equity | 28/12/2000 | — | R$12.35 |
| Interest on equity | 31/07/2000 | — | R$12.35 |
| Interest on equity | 29/12/1999 | — | R$12.00 |
| Dividend | 16/08/1999 | — | R$10.20 |
| Dividend | 02/03/1999 | — | R$10.20 |
| Dividend | 24/08/1998 | — | R$9.18 |
| Interest on equity | 07/01/1998 | — | R$8.47 |
| Interest on equity | 13/08/1997 | — | R$10.59 |
| Dividend | 24/02/1997 | — | R$12.80 |
| Dividend | 27/08/1996 | — | R$9.00 |
| Dividend | 12/02/1996 | — | R$10.00 |
| Event | Last day to own | Ratio |
|---|---|---|
| Split | 03/12/2021 | 2 for 1 |
| Share consolidation | 02/12/2021 | 1 for 100 |
| Split | 02/12/2021 | 200 for 1 |
| Share consolidation | 21/01/2008 | 1 for 20 |
| Bonus shares | 24/07/1987 | 99.90% in shares |
About Banco Mercantil Do Brasil
- Sector
- Serviços Financeiros
- Segment
- Bancos
- Listing segment
- Level 1
- Tag along
- 80.00%
- Free float
- 47.05%
- Shares issued
- 84.05m ordinary · 39.68m preferred
- Average daily trading
- R$293.4k
- Listed since
- 20/07/1977
- CNPJ
- 17.184.037/0001-10
O Banco Mercantil do Brasil S.A. é uma instituição financeira de controle privado com foco histórico em varejo bancário e crédito para pessoas físicas, incluindo aposentados e pensionistas do INSS. A companhia atua com conta corrente, cartões, crédito consignado, crédito pessoal, seguros, investimentos e distribuição de produtos financeiros por canais digitais e rede comercial própria, além de subsidiárias em serviços financeiros e de apoio. No mercado brasileiro, o banco concentra sua estratégia em públicos de renda média e em nichos de relacionamento recorrente, com presença relevante em Minas Gerais e operação nacional. A receita é sensível ao ciclo de crédito, custo de captação e inadimplência da carteira. Na B3, negocia ações sob o ticker BMEB3, mantendo estrutura de banco múltiplo com atividades complementares em serviços e intermediação financeira.
Investor website| Shareholder | Ordinary | Preferred | Total |
|---|---|---|---|
| CONSUELO ANDRADE DE ARAÚJOControlling | 23.47% | 15.32% | 20.86% |
| PEDRO HENRIQUE DE OLIVEIRA | 10.93% | 7.61% | 9.86% |
| LUIZ HENRIQUE ANDRADE DE ARAÚJOControlling | 6.85% | 3.05% | 5.63% |
| MARCO ANTÔNIO ANDRADE DE ARAÚJOControlling | 4.51% | 5.63% | 4.87% |
| YEHUDA WAISBERG | 1.97% | 9.14% | 4.27% |
| GUSTAVO HENRIQUE DINIZ DE ARAÚJOControlling | 3.84% | 3.23% | 3.65% |
| Sociedade Agrícola Santa Luzia Ltda | 4.57% | 0.00% | 3.11% |
| RENATO AUGUSTO DE ARAÚJOControlling | 3.89% | 0.56% | 2.82% |
| MAURICIO DE FARIA ARAÚJOControlling | 3.41% | 0.00% | 2.32% |
| Sapil Ltda.Controlling | 3.29% | 0.00% | 2.23% |
| Lance Empreendimentos e Participações Ltda. | 3.07% | 0.00% | 2.08% |
| ANA CAROLINA ANDRADE DE ARAUJO LIMAControlling | 2.33% | 0.30% | 1.68% |
| PAULO HENRIQUE BRANT DE ARAUJOControlling | 2.42% | 0.01% | 1.65% |
| MB Ações Mercantil do Brasil FI | 0.29% | 2.34% | 0.95% |
| MARIA ÂNGELA DE MOURA | 0.33% | 1.93% | 0.84% |
| CRISTIANA NOGUEIRA DE ARAÚJO | 0.93% | 0.00% | 0.63% |
| SANDRA MARIA DE ARAÚJO SIMÕESControlling | 0.78% | 0.15% | 0.58% |
| JOSÉ RIBEIRO VIANNA NETOControlling | 0.84% | 0.00% | 0.57% |
| CLARISSA NOGUEIRA DE ARAUJO | 0.66% | 0.20% | 0.51% |
| DANIELA DE ARAUJO COELHO | 0.05% | 0.00% | 0.04% |
| Outros | 21.58% | 49.65% | 30.58% |
| Ações Tesouraria | 0.00% | 0.88% | 0.28% |
Questions about BMEB3
How much is BMEB3 today?
BMEB3 is at R$49.48 (0.37% on the day), last traded on 30/09/2026.
How much did BMEB3 pay in dividends in 2025?
BMEB3 paid R$1.08 per share in 2025, a dividend yield of 1.72%.
What are the P/E and P/B of BMEB3?
BMEB3 trades at a P/E of 7.48 and a P/B of 1.95.
How much did BMEB3 return in 12 months?
BMEB3 returned 19.09% in 12 months, with annualised volatility of 46.91% and a largest drawdown of -32.30%.
What sector is BMEB3 in?
Banco Mercantil Do Brasil is in the Serviços Financeiros sector, Bancos segment.