Banco BMG (BMGB4) reported net income of R$ 157 million in the second quarter of 2026 (2Q26), with a return on average equity (ROAE) of 15.5% and a return on assets (ROAA) of 1.3%. Net interest margin totaled R$ 1,512 million in the period, with a financial margin of 19.1% per year over average interest-earning assets.
In 2Q25, net income had been R$ 125 million and ROAE 14.3%. Net interest margin in that quarter was R$ 1,443 million, with a margin of 17.8% per year, according to the company’s presentation.
Banco BMG’s total loan portfolio reached R$ 24,054 million in 2Q26, practically stable compared to R$ 24,680 million in 2Q25. There was a change in the mix: personal loans grew 30.6% in 12 months, while payroll-deductible loans fell 8.9% and payroll credit cards declined 2.2%. Nonperforming loans over 90 days stood at 4.2% of the total portfolio, versus 3.8% in 2Q25.
In the first half of 2026, Banco BMG recorded net income of R$ 305 million, with ROAE of 15.2% and accumulated net interest margin of R$ 2,983 million. In the same period of 2025, profit was R$ 240 million, with ROAE of 12.7% and financial margin of R$ 2,892 million.
Banco BMG’s Basel ratio reached 13.3% in 2Q26, versus 12.7% in 2Q25, already considering the R$ 214 million capital increase approved by the Central Bank in April 2026. Total funding came to R$ 34,406 million at the end of the quarter, and total assets reached R$ 50,046 million.
