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B3 · BRL

BMIN4

Banco Mercantil de Investimentos SA Pfd

R$20.45+7.35% (R$1.40)
Day's range
R$20.45 – R$20.45
Day's volume
R$2k
52-week range
R$16.77 – R$27.49

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See how BMIN4 weighs in your net worth, what it has paid you and how far it is from your target allocation.

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BMIN4 in numbers

Market cap
R$94.8m
P/E
7.71
P/B
0.66
Dividend yield (12m)
6.85%

The 12-month dividend yield of BMIN4 is 6.85%, below its 5-year average of 13.40%.

BMIN4 price history

01/10/202530/09/2026
Compare with

BMIN4 risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return+24.32%+47.37%+59.53%
Volatility (annualised)23.28%19.55%19.84%
Largest drawdown-14.08%-14.08%-27.61%
Positive months9/1220/3631/60

How much did investing in BMIN4 return?

R$1,000.00 invested on 01/09/2021 would be worth R$1,595.27 today.

Value today in BMIN4
R$1,595.27
Return over the period
+59.53%
Return per year
+9.79%
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.

BMIN4 fundamentals

Valuation

  • P/E
    7.71
  • P/B
    0.66
  • EV/EBITDA
    —
  • EV/EBIT
    —
  • EV/Revenue
    1.48
  • P/EBIT
    —
  • P/S
    1.48
  • P/OCF
    -2.29
  • P/FCF
    43.00
  • Earnings yield
    —
  • PEG ratio
    0.16
  • Earnings per share
    R$2.65
  • Book value per share
    R$30.98

Debt

  • Net debt
    —
  • Net debt/EBITDA
    —
  • Net debt/Equity
    —
  • Debt/Equity
    —
  • Current ratio
    1.33
  • Quick ratio
    0.00
  • Cash ratio
    —

Efficiency

  • Gross margin
    -13.02%
  • EBITDA margin
    —
  • Operating margin
    —
  • Net margin
    19.99%
  • Asset turnover
    0.11

Profitability

  • ROE
    8.56%
  • ROA
    2.12%
  • ROIC
    —
  • Payout
    52.77%

Growth

  • Revenue CAGR (5 years)
    41.86%
  • Earnings CAGR (5 years)
    —
  • Revenue growth (year)
    81.64%
  • Earnings growth (year)
    44.65%
  • Revenue growth (quarter)
    15.66%
  • Earnings growth (quarter)
    43.04%

What is BMIN4's fair price?

Two classic value formulas, with today's numbers. The current price is R$20.45.

Graham's fair price
R$43.00
110.29% above the price

√(22.50 × R$2.65 × R$30.98)

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$36.84
80.15% above the price

R$2.21 (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.

BMIN4 indicators by year

Multiples at each year's closing price; margins and returns from that year's accounts.

Indicator20252024202320222021202020192018
P/E8.5411.3510.916.56————
P/B0.620.580.600.48————
Dividend yield7.60%8.28%9.68%11.85%29.59%7.04%13.02%9.90%
Earnings per shareR$2.15R$1.49R$1.51R$2.02R$0.00R$0.00R$0.00R$0.00
Book value per shareR$29.47R$29.03R$27.49R$27.38————
ROE7.31%5.13%5.48%7.39%————
Gross margin6.48%45.53%59.71%53.40%67.46%81.20%77.36%79.44%
Net margin14.50%18.21%20.53%23.54%0.00%0.00%0.00%0.00%

BMIN4 financial statements

Line202520242023202220212020
Net revenueR$71.7mR$39.5mR$35.4mR$41.4mR$18.5mR$11.2m
Cost of sales-R$67m-R$21.5m-R$14.3m-R$19.3m-R$6m-R$2.1m
Gross profitR$4.6mR$18mR$21.1mR$22.1mR$12.5mR$9.1m
EBITDA——————
EBIT——————
Net finance result——————
Profit before taxR$10.7mR$11.7mR$12mR$12.9mR$6.6mR$4.2m
Income tax-R$334k-R$4.5m-R$4.8m-R$3.1mR$8kR$0
Net incomeR$10.4mR$7.2mR$7.3mR$9.8mR$0R$0

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

BMIN4 against its sector

The same indicators for the company's other shares and the sector's largest stocks.

StockP/EP/BDividend yield (12m)ROEMarket cap
BMIN4Banco Mercantil De Investimentos7.710.666.85%8.56%R$94.8m
ITUB4ITAU UNIBANCO HOLDING S.A.10.432.247.15%21.50%R$511.8bn
ITUB3ITAU UNIBANCO HOLDING S.A.11.412.456.53%21.50%R$511.8bn
BPAC3BCO BTG PACTUAL S.A.15.683.481.91%22.20%R$271.9bn
BPAC5BCO BTG PACTUAL S.A.13.142.922.28%22.20%R$271.9bn
BBDC4BCO BRADESCO S.A.7.921.086.80%13.66%R$183.9bn
BBDC3BCO BRADESCO S.A.6.940.957.05%13.66%R$183.9bn

Does BMIN4 pay dividends?

Dividend yield per year

  • 0.24%2017
  • 9.90%2018
  • 13.02%2019
  • 7.04%2020
  • 29.59%2021
  • 11.85%2022
  • 9.68%2023
  • 8.28%2024
  • 7.60%2025
  • 6.85%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend06/03/202618/03/2026R$1.40
Dividend07/02/202519/02/2025R$1.40
Interest on equity30/01/202407/02/2024R$0.46
Dividend30/01/202407/02/2024R$0.94
Interest on equity10/03/202317/03/2023R$1.59
Interest on equity03/03/202215/03/2022R$0.85
Interest on equity31/12/202115/03/2022R$0.72
Dividend17/08/202131/08/2021R$0.55
Interest on equity17/08/202131/08/2021R$0.55
Dividend01/03/202117/03/2021R$1.40
Interest on equity01/03/202117/03/2021R$1.40
Interest on equity23/02/202117/03/2021R$1.19
See all 60 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Interest on equity03/03/202024/03/2020R$1.40
Interest on equity06/03/201902/04/2019R$1.40
Interest on equity31/12/201802/04/2019R$1.19
Dividend05/03/201827/03/2018R$1.19
Interest on equity03/03/201729/03/2017R$0.02
Interest on equity30/12/201629/03/2017R$0.02
Interest on equity17/03/201614/04/2016R$0.01
Interest on equity31/12/201514/04/2016R$0.01
Interest on equity14/08/201510/09/2015R$0.01
Interest on equity25/02/201518/03/2015R$0.01
Interest on equity18/08/201411/09/2014R$0.01
Interest on equity25/02/201425/03/2014R$0.01
Interest on equity21/08/201312/09/2013R$0.01
Interest on equity21/02/201313/03/2013R$0.01
Interest on equity17/08/201212/09/2012R$0.01
Interest on equity11/08/201131/08/2011R$0.01
Interest on equity21/02/201115/03/2011R$0.01
Interest on equity12/08/201008/09/2010R$0.01
Interest on equity09/03/201008/04/2010R$0.01
Interest on equity23/07/200925/08/2009R$0.01
Interest on equity20/01/200917/02/2009R$0.01
Interest on equity21/08/200818/09/2008R$0.01
Interest on equity29/01/200825/02/2008R$0.01
Interest on equity21/08/200710/09/2007R$0.01
Interest on equity16/02/2012—R$0.01
Interest on equity16/01/2007—R$0.00
Interest on equity21/08/2006—R$0.00
Interest on equity20/01/2006—R$0.00
Interest on equity01/09/2005—R$0.00
Interest on equity12/01/2005—R$0.01
Interest on equity16/08/2004—R$0.00
Interest on equity09/01/2004—R$0.00
Interest on equity19/08/2003—R$0.01
Interest on equity16/08/2002—R$4.20
Dividend01/04/2002—R$3.50
Dividend28/08/2001—R$3.50
Dividend07/02/2001—R$6.88
Dividend09/08/2000—R$0.12
Dividend01/03/2000—R$6.81
Dividend16/08/1999—R$0.19
Dividend02/03/1999—R$6.86
Dividend24/08/1998—R$0.14
Interest on equity14/01/1998—R$4.59
Interest on equity13/08/1997—R$2.80
Dividend13/08/1997—R$1.10
Dividend24/02/1997—R$3.10
Dividend27/08/1996—R$3.50
Dividend12/02/1996—R$2.30
Splits, share consolidations and bonus shares
EventLast day to ownRatio
Share consolidation12/09/20171 for 100
Bonus shares24/07/198799.90% in shares

About Banco Mercantil De Investimentos

Listing segment
Traditional
Tag along
Set by the bylaws
Free float
7.47%
Shares issued
4.12m ordinary · 710.14k preferred
Average daily trading
R$3.7k
Listed since
06/05/1983
CNPJ
34.169.557/0001-72
ShareholdersAs of 31/12/2026, from the Formulário de Referência filed with the CVM.
ShareholderOrdinaryPreferredTotal
Banco Mercantil do Brasil S.A.Controlling98.22%59.56%92.53%
Outros1.78%40.44%7.47%

Questions about BMIN4

How much is BMIN4 today?

BMIN4 is at R$20.45 (7.35% on the day), last traded on 01/10/2026.

How much did BMIN4 pay in dividends in 2025?

BMIN4 paid R$1.40 per share in 2025, a dividend yield of 7.60%.

What are the P/E and P/B of BMIN4?

BMIN4 trades at a P/E of 7.71 and a P/B of 0.66.

How much did BMIN4 return in 12 months?

BMIN4 returned 24.32% in 12 months, with annualised volatility of 23.28% and a largest drawdown of -14.08%.