Banco Mercantil do Brasil S.A.

São Paulo Stock Exchange BMEB4.SA

Banco Mercantil do Brasil S.A. Cash and Short-Term Investments for the year ending December 31, 2023: USD 574.56 M

Banco Mercantil do Brasil S.A. Cash and Short-Term Investments is USD 574.56 M for the year ending December 31, 2023. Cash and short-term investments are the sum of cash and short-term investments, representing the company's liquid assets.

Key data

Date	Cash and Short-Term Investments	Receivables	Inventory	Goodwill

São Paulo Stock Exchange: BMEB4.SA

Banco Mercantil do Brasil S.A.

CEO	Engineer Gustavo Henrique Diniz de Araujo
IPO Date	Jan. 2, 2008
Location	Brazil
Headquarters	654 Rio de Janeiro Street, Downtown
Employees	2,958
Sector	Finance
Industries Banking & Lending Investment Banking & Asset Management

Description

Banco Mercantil do Brasil S.A., together with its subsidiaries, provides financial services to individuals and corporate clients in Brazil. The company offers personal, payroll-deductible, rural, and mortgage loans; working capital; renegotiation; corporate checks; overdrafts; secured accounts; foreign exchange services; credit cards; vehicle financing; and other products and services. It is also involved in the investment banking, insurance brokerage, private pension, correspondent banking, real estate, and agribusiness activities, as well as in the management of investment funds. The company operates a network of 152 branches; and 86 service stations, as well as 1 branch in the Grand Cayman Islands. The company was founded in 1943 and is headquartered in Belo Horizonte, Brazil.

Key trends

Past 5 years