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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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

10/01/202509/30/2026
Compare with

BMIN4 risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return+23.70%+54.54%+64.14%
Volatility (annualized)23.27%19.43%19.83%
Largest drawdown-14.08%-14.08%-27.61%
Positive months9/1221/3632/60

How much did investing in BMIN4 return?

R$1,000.00 invested on 09/01/2021 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 stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

BMIN4's indicators by year

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

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's financial statements

Line202520242023202220212020
Net revenueR$71.7MR$39.5MR$35.4MR$41.4MR$18.5MR$11.2M
Cost of revenue-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——————
Financial result——————
Income 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$511.8B
ITUB3ITAU UNIBANCO HOLDING S.A.11.412.456.53%21.50%R$511.8B
BPAC3BCO BTG PACTUAL S.A.15.683.481.91%22.20%R$271.9B
BPAC5BCO BTG PACTUAL S.A.13.142.922.28%22.20%R$271.9B
BBDC4BCO BRADESCO S.A.7.921.086.80%13.66%R$183.9B
BBDC3BCO BRADESCO S.A.6.940.957.05%13.66%R$183.9B

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
Dividend03/06/202603/18/2026R$1.40
Dividend02/07/202502/19/2025R$1.40
Interest on equity01/30/202402/07/2024R$0.46
Dividend01/30/202402/07/2024R$0.94
Interest on equity03/10/202303/17/2023R$1.59
Interest on equity03/03/202203/15/2022R$0.85
Interest on equity12/31/202103/15/2022R$0.72
Dividend08/17/202108/31/2021R$0.55
Interest on equity08/17/202108/31/2021R$0.55
Dividend03/01/202103/17/2021R$1.40
Interest on equity03/01/202103/17/2021R$1.40
Interest on equity02/23/202103/17/2021R$1.19
See all 60 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Interest on equity03/03/202003/24/2020R$1.40
Interest on equity03/06/201904/02/2019R$1.40
Interest on equity12/31/201804/02/2019R$1.19
Dividend03/05/201803/27/2018R$1.19
Interest on equity03/03/201703/29/2017R$0.02
Interest on equity12/30/201603/29/2017R$0.02
Interest on equity03/17/201604/14/2016R$0.01
Interest on equity12/31/201504/14/2016R$0.01
Interest on equity08/14/201509/10/2015R$0.01
Interest on equity02/25/201503/18/2015R$0.01
Interest on equity08/18/201409/11/2014R$0.01
Interest on equity02/25/201403/25/2014R$0.01
Interest on equity08/21/201309/12/2013R$0.01
Interest on equity02/21/201303/13/2013R$0.01
Interest on equity08/17/201209/12/2012R$0.01
Interest on equity08/11/201108/31/2011R$0.01
Interest on equity02/21/201103/15/2011R$0.01
Interest on equity08/12/201009/08/2010R$0.01
Interest on equity03/09/201004/08/2010R$0.01
Interest on equity07/23/200908/25/2009R$0.01
Interest on equity01/20/200902/17/2009R$0.01
Interest on equity08/21/200809/18/2008R$0.01
Interest on equity01/29/200802/25/2008R$0.01
Interest on equity08/21/200709/10/2007R$0.01
Interest on equity02/16/2012—R$0.01
Interest on equity01/16/2007—R$0.00
Interest on equity08/21/2006—R$0.00
Interest on equity01/20/2006—R$0.00
Interest on equity09/01/2005—R$0.00
Interest on equity01/12/2005—R$0.01
Interest on equity08/16/2004—R$0.00
Interest on equity01/09/2004—R$0.00
Interest on equity08/19/2003—R$0.01
Interest on equity08/16/2002—R$4.20
Dividend04/01/2002—R$3.50
Dividend08/28/2001—R$3.50
Dividend02/07/2001—R$6.88
Dividend08/09/2000—R$0.12
Dividend03/01/2000—R$6.81
Dividend08/16/1999—R$0.19
Dividend03/02/1999—R$6.86
Dividend08/24/1998—R$0.14
Interest on equity01/14/1998—R$4.59
Interest on equity08/13/1997—R$2.80
Dividend08/13/1997—R$1.10
Dividend02/24/1997—R$3.10
Dividend08/27/1996—R$3.50
Dividend02/12/1996—R$2.30
Splits, reverse splits and bonus shares
EventLast day to ownRatio
Reverse split09/12/20171 for 100
Bonus shares07/24/198799.90% in shares

About Banco Mercantil De Investimentos

Listing segment
Traditional
Tag along
Set by the bylaws
Free float
7.47%
Shares issued
4.12M common · 710.14K preferred
Average daily trading
R$3.7K
Listed since
05/06/1983
CNPJ
34.169.557/0001-72
ShareholdersAs of 12/31/2026, from the Formulário de Referência filed with the CVM.
ShareholderCommonPreferredTotal
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 09/30/2026.

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 23.70% in 12 months, with annualized volatility of 23.27% and a largest drawdown of -14.08%.