Banco Mercantil do Brasil S.A (BMEB3) - Net Assets
Based on the latest financial reports, Banco Mercantil do Brasil S.A (BMEB3) has net assets worth R$2.30 Billion BRL (≈ $450.97 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$31.52 Billion ≈ $6.18 Billion USD) and total liabilities (R$29.22 Billion ≈ $5.73 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check BMEB3 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$2.30 Billion |
| % of Total Assets | 7.29% |
| Annual Growth Rate | 7.08% |
| 5-Year Change | -81.34% |
| 10-Year Change | 152.5% |
| Growth Volatility | 223.27 |
Banco Mercantil do Brasil S.A - Net Assets Trend (2004–2024)
This chart illustrates how Banco Mercantil do Brasil S.A's net assets have evolved over time, based on quarterly financial data. Also explore Banco Mercantil do Brasil S.A (BMEB3) total assets for the complete picture of this company's asset base.
Annual Net Assets for Banco Mercantil do Brasil S.A (2004–2024)
The table below shows the annual net assets of Banco Mercantil do Brasil S.A from 2004 to 2024. For live valuation and market cap data, see Banco Mercantil do Brasil S.A market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$1.89 Billion ≈ $371.75 Million |
+17.52% |
| 2023-12-31 | R$1.61 Billion ≈ $316.33 Million |
+22.17% |
| 2022-12-31 | R$1.32 Billion ≈ $258.92 Million |
-88.89% |
| 2021-12-31 | R$11.88 Billion ≈ $2.33 Billion |
+17.01% |
| 2020-12-31 | R$10.15 Billion ≈ $1.99 Billion |
+7.21% |
| 2019-12-31 | R$9.47 Billion ≈ $1.86 Billion |
+1020.94% |
| 2018-12-31 | R$844.97 Million ≈ $165.80 Million |
+4.27% |
| 2017-12-31 | R$810.37 Million ≈ $159.01 Million |
-9.48% |
| 2016-12-31 | R$895.23 Million ≈ $175.66 Million |
+19.31% |
| 2015-12-31 | R$750.32 Million ≈ $147.23 Million |
+5.11% |
| 2014-12-31 | R$713.82 Million ≈ $140.06 Million |
-20.72% |
| 2013-12-31 | R$900.35 Million ≈ $176.66 Million |
+3.24% |
| 2012-12-31 | R$872.12 Million ≈ $171.13 Million |
+16.46% |
| 2011-12-31 | R$748.84 Million ≈ $146.94 Million |
+4.54% |
| 2010-12-31 | R$716.31 Million ≈ $140.55 Million |
+22.31% |
| 2009-12-31 | R$585.63 Million ≈ $114.91 Million |
+4.68% |
| 2008-12-31 | R$559.43 Million ≈ $109.77 Million |
-0.48% |
| 2007-12-31 | R$562.15 Million ≈ $110.30 Million |
-0.87% |
| 2006-12-31 | R$567.11 Million ≈ $111.28 Million |
+2.16% |
| 2005-12-31 | R$555.10 Million ≈ $108.92 Million |
+15.18% |
| 2004-12-31 | R$481.93 Million ≈ $94.56 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Banco Mercantil do Brasil S.A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 127809400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$1.28 Billion | 68.79% |
| Common Stock | R$501.70 Million | 27.00% |
| Other Components | R$78.20 Million | 4.21% |
| Total Equity | R$1.86 Billion | 100.00% |
Banco Mercantil do Brasil S.A Competitors by Market Cap
The table below lists competitors of Banco Mercantil do Brasil S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Henan Lantian Gas Co Ltd
SHG:605368
|
$812.54 Million |
|
Ninety One Ltd
JSE:NY1
|
$812.58 Million |
|
MetroCity Bankshares
NASDAQ:MCBS
|
$812.67 Million |
|
Wecome Intelligent Manufacturing Co. Ltd.
SHG:603070
|
$812.70 Million |
|
Matthews International Corporation
NASDAQ:MATW
|
$812.08 Million |
|
Patriot Battery Metals Inc
AU:PMT
|
$812.05 Million |
|
Adaptive Plasma Technology Corp
KQ:089970
|
$811.71 Million |
|
PMET Resources Inc.
TO:PMET
|
$811.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Banco Mercantil do Brasil S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,572,708,000 to 1,857,995,000, a change of 285,287,000 (18.1%).
- Net income of 506,617,000 contributed positively to equity growth.
- Dividend payments of 183,820,000 reduced retained earnings.
- Other comprehensive income decreased equity by 4,440,000.
- Other factors decreased equity by 33,070,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$506.62 Million | +27.27% |
| Dividends Paid | R$183.82 Million | -9.89% |
| Other Comprehensive Income | R$-4.44 Million | -0.24% |
| Other Changes | R$-33.07 Million | -1.78% |
| Total Change | R$- | 18.14% |
Book Value vs Market Value Analysis
This analysis compares Banco Mercantil do Brasil S.A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.23x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 9.35x to 3.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | R$6.15 | R$57.50 | x |
| 2005-12-31 | R$7.27 | R$57.50 | x |
| 2006-12-31 | R$7.46 | R$57.50 | x |
| 2007-12-31 | R$7.78 | R$57.50 | x |
| 2008-12-31 | R$8.75 | R$57.50 | x |
| 2009-12-31 | R$9.17 | R$57.50 | x |
| 2010-12-31 | R$8.64 | R$57.50 | x |
| 2011-12-31 | R$9.03 | R$57.50 | x |
| 2012-12-31 | R$9.69 | R$57.50 | x |
| 2013-12-31 | R$9.20 | R$57.50 | x |
| 2014-12-31 | R$7.24 | R$57.50 | x |
| 2015-12-31 | R$7.68 | R$57.50 | x |
| 2016-12-31 | R$7.60 | R$57.50 | x |
| 2017-12-31 | R$8.31 | R$57.50 | x |
| 2018-12-31 | R$7.63 | R$57.50 | x |
| 2019-12-31 | R$8.44 | R$57.50 | x |
| 2020-12-31 | R$9.42 | R$57.50 | x |
| 2021-12-31 | R$10.78 | R$57.50 | x |
| 2022-12-31 | R$12.18 | R$57.50 | x |
| 2023-12-31 | R$15.05 | R$57.50 | x |
| 2024-12-31 | R$17.78 | R$57.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Banco Mercantil do Brasil S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 27.27%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.66%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 13.71x
- Recent ROE (27.27%) is above the historical average (9.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 9.92% | 2.63% | 0.30x | 12.42x | R$-301.60K |
| 2005 | 4.12% | 1.23% | 0.31x | 10.91x | R$-25.47 Million |
| 2006 | 4.49% | 1.23% | 0.29x | 12.56x | R$-24.46 Million |
| 2007 | 7.93% | 2.25% | 0.22x | 15.65x | R$-9.58 Million |
| 2008 | 9.07% | 2.54% | 0.27x | 13.04x | R$-4.84 Million |
| 2009 | 7.40% | 2.66% | 0.19x | 14.40x | R$-14.22 Million |
| 2010 | 21.03% | 7.26% | 0.21x | 14.07x | R$74.25 Million |
| 2011 | 11.41% | 3.41% | 0.22x | 14.95x | R$9.93 Million |
| 2012 | 7.69% | 2.52% | 0.19x | 16.41x | R$-19.06 Million |
| 2013 | 0.45% | 0.15% | 0.19x | 15.98x | R$-81.00 Million |
| 2014 | -25.06% | -5.83% | 0.22x | 19.88x | R$-234.17 Million |
| 2015 | 9.95% | 1.90% | 0.30x | 17.53x | R$-369.90K |
| 2016 | 2.62% | 0.54% | 0.32x | 15.07x | R$-51.72 Million |
| 2017 | 3.42% | 0.88% | 0.31x | 12.65x | R$-50.38 Million |
| 2018 | 6.64% | 2.68% | 0.21x | 11.95x | R$-26.89 Million |
| 2019 | 13.71% | 4.85% | 0.24x | 11.79x | R$32.87 Million |
| 2020 | 15.29% | 5.96% | 0.24x | 10.85x | R$52.25 Million |
| 2021 | 16.41% | 6.09% | 0.24x | 11.05x | R$72.04 Million |
| 2022 | 15.76% | 4.89% | 0.28x | 11.66x | R$73.27 Million |
| 2023 | 25.19% | 7.48% | 0.27x | 12.51x | R$238.86 Million |
| 2024 | 27.27% | 7.66% | 0.26x | 13.71x | R$320.82 Million |
Industry Comparison
This section compares Banco Mercantil do Brasil S.A's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $43,241,976,778
- Average return on equity (ROE) among peers: 11.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Banco Mercantil do Brasil S.A (BMEB3) | R$2.30 Billion | 9.92% | 12.71x | $812.53 Million |
| Banco da Amazônia S.A (BAZA3) | $1.89 Billion | 3.42% | 7.99x | $929.25 Million |
| Banco do Brasil S.A. (BBAS3) | $7.96 Billion | 12.23% | 16.37x | $24.88 Billion |
| Banco Bradesco S.A. (BBDC3) | $178.95 Billion | 13.23% | 12.02x | $17.38 Billion |
| Banestes S.A - Banco do Estado do Espírito Santo (BEES3) | $1.26 Billion | 12.78% | 19.29x | $454.73 Million |
| Banco do Nordeste do Brasil S.A (BNBR3) | $10.71 Billion | 19.59% | 5.14x | $2.32 Billion |
| Banco Alfa de Investimento S.A (BRIV3) | $1.24 Billion | 5.54% | 10.15x | $134.78 Million |
| Banco do Estado do Rio Grande do Sul S.A (BRSR3) | $9.67 Billion | 9.00% | 11.93x | $718.24 Million |
| Itaú Unibanco Holding S.A. (ITUB3) | $100.62 Billion | 21.42% | 10.20x | $48.01 Billion |
| Banco Santander (Brasil) S.A. (SANB11) | $76.88 Billion | 10.07% | 4.21x | $21.29 Billion |
About Banco Mercantil do Brasil S.A
Banco Mercantil do Brasil S.A., together with its subsidiaries, provides financial services to individuals and corporate clients in Brazil. It operates through Financial, Insurance and Business Intermediation, Marketplace, and Other segments. The company offers current accounts, loans, cards, insurance and investment products, private pension, benefit transfer, special limit, special checks, capi… Read more