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!
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- 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.
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