Banco Mercantil (BMEB4) receives AA.br rating from Moody’s

Banco Mercantil do Brasil (BMEB3, BMEB4) reported this Wednesday, October 14, 2026, that Moody’s Local Brasil has assigned the bank a national long-term issuer and deposit rating of AA.br and a short-term deposit rating of ML A-1.br, both with a “stable” outlook.

According to Moody’s report, Mercantil’s ratings reflect the strength of its franchise specialized in customers over 50 years old, especially INSS retirees and pensioners, a segment in which the bank maintains a significant competitive position. The agency also highlighted the strengthening of profitability, supported by the expansion of operations, the high spreads of its main products, the growing monetization of its customer base, and efficiency gains in operations.