Banco Mercantil 2QFY26 net profit rises 13% to R$ 275 million; revenue from services climbs 76% to R$ 363 million
Reuters2026/08/05 11:01Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Banco Mercantil do Brasil posted 2Q26 net profit of R$ 275 million, up 13% from 2Q25, marking its 15th straight quarterly record.
- Service revenue jumped 76% to R$ 363 million versus 2Q25, while credit origination edged down 1% to R$ 2.6 billion.
- Total loan book climbed 30% to R$ 25 billion year-on-year, led by payroll-deducted loans up 47% to R$ 18.5 billion.
- Over-90-day delinquency widened 0.8 percentage points to 3.1% from 2Q25, while the Basel ratio inched up 0.1 percentage points to 17.2%.
- Management said 1H26 required adaptation, citing higher selectivity, recalibrated credit and pricing, and a focus on capital and liquidity discipline.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banco Mercantil do Brasil SA published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
What Are the Bull and Bear Scenarios for Bitcoin? Where Could the Price Go?
BitcoinSistemi•2026/09/10 16:33
Krait Critical Minerals Begins Trading on Frankfurt Stock Exchange
MT newswire•2026/09/10 16:33
Avolta wins Brasília Airport deals to open Johnnie Walker Bar, Vista Corona concepts
Reuters•2026/09/10 16:32
Donaldson CEO Tod E. Carpenter disposes of 31,968 common shares worth $2.91 million
Reuters•2026/09/10 16:31
Crypto prices
MoreBitcoin
BTC
$76,930.21
-2.30%
Ethereum
ETH
$2,438.01
-2.21%
Tether USDt
USDT
$0.9996
-0.07%
BNB
BNB
$705.51
-4.55%
XRP
XRP
$1.35
-4.82%
USDC
USDC
$0.9999
+0.00%
Solana
SOL
$99.15
-3.72%
TRON
TRX
$0.3385
-0.36%
Hyperliquid
HYPE
$79.12
-6.99%
Zcash
ZEC
$1,127.05
-11.75%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now