BS:BMEB3 Banco Mercantil do Brasil S.A
Banco Mercantil do Brasil S.A., through its subsidiaries, offers banking products and services. The company offers checking and savings accounts, and time deposits and funds; payroll-deductible loans, personal and auto loans, overdraft facilities, and credit cards; private pension, insurance, and capitalization products and services; and collection, payment of taxes and fees, etc. to individuals. It also provides checking and savings accounts, and time deposits and funds; working capital and auto loans, discount of receivables, and revolving overdraft facilities; sureties and guarantees, trade finance, mortgage loans, and insurance products and services; and collection, receipt of taxes and fees, etc. to companies. In addition, the company offers general insurance brokerage, leasing, investment banking, securities brokerage, and foreign exchange services, as well as engages in the real estate projects and investment funds management activities. It operates 190 branches and 19 service stations in Brazil, as well as 1 overseas branch in the Grand Cayman Islands. Banco Mercantil do Brasil S.A. was formerly known as Banco Industrial Minas Gerais and changed its name to Banco Mercantil do Brasil S.A. in 1970. The company was founded in 1940 and is based in Belo Horizonte, Brazil.
10.65 BRL
As of 03/15/2023
Security Information
Category1: Global Equity
Category2: Common stocks
Category3: Emerging markets
GICS sector: Financials
Industry: Banks-Regional
Index country: Brazil
Country of incorporation: Brazil
IPO date: 07/17/2000
Stock exchange: XBSP
Exchange country: Brazil
Market cap: 1,540,235,648 BRL
Current dividend yield: 2.69%
Sedol: