Banco Mercantil de Investimentos S.A
Banco Mercantil de Investimentos S.A. provides financing services for the short, medium, and long term in Brazil. Banco Mercantil de Investimentos S.A. was incorporated in 1973 and is headquartered in Belo Horizonte, Brazil. Banco Mercantil de Investimentos S.A. is a subsidiary of Banco Mercantil do Brasil S.A.
Banco Mercantil de Investimentos S.A (BMIN3) - Net Assets
Latest net assets as of December 2025: R$142.21 Million BRL
Based on the latest financial reports, Banco Mercantil de Investimentos S.A (BMIN3) has net assets worth R$142.21 Million BRL as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$626.68 Million) and total liabilities (R$484.47 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$142.21 Million |
| % of Total Assets | 22.69% |
| Annual Growth Rate | 7.04% |
| 5-Year Change | 10.57% |
| 10-Year Change | -45.35% |
| Growth Volatility | 82.73 |
Banco Mercantil de Investimentos S.A - Net Assets Trend (2008–2025)
This chart illustrates how Banco Mercantil de Investimentos S.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Banco Mercantil de Investimentos S.A (2008–2025)
The table below shows the annual net assets of Banco Mercantil de Investimentos S.A from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$142.21 Million | +1.53% |
| 2024-12-31 | R$140.07 Million | +5.59% |
| 2023-12-31 | R$132.66 Million | +0.40% |
| 2022-12-31 | R$132.13 Million | +2.73% |
| 2021-12-31 | R$128.62 Million | +2.79% |
| 2020-12-31 | R$125.13 Million | +1.67% |
| 2019-12-31 | R$123.08 Million | +3.39% |
| 2018-12-31 | R$119.04 Million | +111.99% |
| 2017-12-31 | R$56.15 Million | -78.42% |
| 2016-12-31 | R$260.24 Million | +327.65% |
| 2015-12-31 | R$60.85 Million | +3.91% |
| 2014-12-31 | R$58.56 Million | +3.37% |
| 2013-12-31 | R$56.65 Million | +1.42% |
| 2012-12-31 | R$55.86 Million | +6.79% |
| 2011-12-31 | R$52.31 Million | +7.25% |
| 2010-12-31 | R$48.77 Million | +2.76% |
| 2009-12-31 | R$47.47 Million | +6.03% |
| 2008-12-31 | R$44.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Banco Mercantil de Investimentos 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | R$69.96 Million | 49.19% |
| Other Comprehensive Income | R$60.18 Million | 42.32% |
| Other Components | R$12.07 Million | 8.49% |
| Total Equity | R$142.21 Million | 100.00% |
Banco Mercantil de Investimentos S.A Competitors by Market Cap
The table below lists competitors of Banco Mercantil de Investimentos S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Auriant Mining AB (publ)
ST:AUR
|
$1.30 Million |
|
HESS (AHC.SG)
STU:AHC
|
$1.30 Million |
|
ATLANTIC PETROL.PF DK 1
F:B3W
|
$1.30 Million |
|
OCB Bhd
KLSE:5533
|
$1.30 Million |
|
Optima Prima Metal Sinergi
JK:OPMS
|
$1.30 Million |
|
Smartphoto Group NV
BR:SMAR
|
$1.30 Million |
|
Grosvenor Resource Corp
V:GVR
|
$1.30 Million |
|
Blueberries Medical Corp
OTCQB:BBRRF
|
$1.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Banco Mercantil de Investimentos S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 140,070,000 to 142,210,000, a change of 2,140,000 (1.5%).
- Net income of 10,396,000 contributed positively to equity growth.
- Dividend payments of 2,279,000 reduced retained earnings.
- Other comprehensive income increased equity by 52,864,000.
- Other factors decreased equity by 58,841,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$10.40 Million | +7.31% |
| Dividends Paid | R$2.28 Million | -1.6% |
| Other Comprehensive Income | R$52.86 Million | +37.17% |
| Other Changes | R$-58.84 Million | -41.38% |
| Total Change | R$- | 1.53% |
Book Value vs Market Value Analysis
This analysis compares Banco Mercantil de Investimentos 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: 0.75x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.24x to 0.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | R$17.72 | R$22.00 | x |
| 2009-12-31 | R$18.79 | R$22.00 | x |
| 2010-12-31 | R$19.31 | R$22.00 | x |
| 2011-12-31 | R$20.71 | R$22.00 | x |
| 2012-12-31 | R$22.12 | R$22.00 | x |
| 2013-12-31 | R$22.43 | R$22.00 | x |
| 2014-12-31 | R$23.19 | R$22.00 | x |
| 2015-12-31 | R$24.09 | R$22.00 | x |
| 2016-12-31 | R$107.72 | R$22.00 | x |
| 2017-12-31 | R$30.76 | R$22.00 | x |
| 2018-12-31 | R$24.67 | R$22.00 | x |
| 2019-12-31 | R$25.51 | R$22.00 | x |
| 2020-12-31 | R$25.93 | R$22.00 | x |
| 2021-12-31 | R$26.66 | R$22.00 | x |
| 2022-12-31 | R$27.38 | R$22.00 | x |
| 2023-12-31 | R$27.49 | R$22.00 | x |
| 2024-12-31 | R$29.03 | R$22.00 | x |
| 2025-12-31 | R$29.47 | R$22.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Banco Mercantil de Investimentos S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.31%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.61%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 4.41x
- Recent ROE (7.31%) is above the historical average (3.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 3.21% | 16.19% | 0.01x | 27.15x | R$-3.04 Million |
| 2009 | 8.97% | 33.52% | 0.01x | 38.75x | R$-486.70K |
| 2010 | 5.42% | 23.07% | 0.01x | 26.02x | R$-2.23 Million |
| 2011 | 10.25% | 4.60% | 0.19x | 12.02x | R$130.10K |
| 2012 | 9.72% | 11.64% | 0.19x | 4.45x | R$-155.00K |
| 2013 | 3.75% | 15.70% | 0.13x | 1.79x | R$-3.54 Million |
| 2014 | 5.97% | 34.71% | 0.13x | 1.35x | R$-2.36 Million |
| 2015 | 6.67% | 33.03% | 0.16x | 1.24x | R$-2.03 Million |
| 2016 | 5.03% | 40.78% | 0.11x | 1.09x | R$-12.94 Million |
| 2017 | -23.03% | -65.38% | 0.19x | 1.84x | R$-18.55 Million |
| 2018 | 3.47% | 20.38% | 0.12x | 1.40x | R$-7.78 Million |
| 2019 | 1.81% | 13.68% | 0.09x | 1.44x | R$-10.08 Million |
| 2020 | 1.96% | 16.70% | 0.07x | 1.65x | R$-10.06 Million |
| 2021 | 2.62% | 14.54% | 0.07x | 2.51x | R$-9.49 Million |
| 2022 | 7.39% | 22.14% | 0.18x | 1.89x | R$-3.45 Million |
| 2023 | 5.48% | 18.43% | 0.15x | 1.96x | R$-6.00 Million |
| 2024 | 5.13% | 16.70% | 0.09x | 3.51x | R$-6.82 Million |
| 2025 | 7.31% | 10.61% | 0.16x | 4.41x | R$-3.83 Million |
Industry Comparison
This section compares Banco Mercantil de Investimentos S.A's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $13,777,372,480
- Average return on equity (ROE) among peers: 14.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Banco Mercantil de Investimentos S.A (BMIN3) | R$142.21 Million | 3.21% | 3.41x | $1.30 Million |
| Banco da Amazônia S.A (BAZA3) | $4.84 Billion | 23.18% | 6.15x | $23.06 Million |
| Banco Bradesco S.A. (BBDC3) | $59.38 Billion | 18.45% | 11.16x | $20.38 Billion |
| Banestes S.A - Banco do Estado do Espírito Santo (BEES3) | $967.68 Million | 11.36% | 13.51x | $37.47 Million |
| Banco Alfa de Investimento S.A (BRIV3) | $926.01 Million | 10.83% | 12.15x | $52.75 Million |
| Banco do Estado do Rio Grande do Sul S.A (BRSR3) | $10.41 Billion | 8.79% | 13.16x | $642.78 Million |
| Inter & Co Inc (INBR32) | $2.16 Billion | 1.28% | 3.67x | $417.84 Million |
| Itaú Unibanco Holding S.A. (ITUB3) | $17.75 Billion | 26.11% | 5.51x | $39.88 Billion |