From CNN Brasil · Da CNN Brasil · · 50s
Banco Mercantil's Digital Growth Drives Profit
Banco Mercantil's digital strategy fuels 10% profit rise as CEO highlights credit expansion.
In brief
Banco Mercantil's digital strategy fuels 10% profit rise as CEO highlights credit expansion. Banco Mercantil reported R$279.4 million quarterly profit, 10% higher than last year, with digital credit operations driving growth. Originally reported by CNN Brasil.
Q3 2026 Profit
Banco Mercantil reported R$279.4 million quarterly profit, a 10% annual increase.
Record Profit for 16th Straight Quarter
The bank achieved its 16th consecutive quarter of record profit since 2022.
Digital Credit Expansion
Over 80% of credit operations now happen digitally without human intervention.
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CEO's Strategy
Paulino Rodrigues attributes growth to managing macroeconomic volatility and digital credit expansion.
What to remember
Banco Mercantil reported R$279.4 million quarterly profit, 10% higher than last year, with digital credit operations driving growth.
