Mercantil Servicios Financieros Business Profile and Operations

Mercantil Servicios Financieros is a financial services company that offers a range of products and services to individuals and businesses.

The company was founded in 1995 and has since grown to become a leading player in the financial services industry in Latin America.

Mercantil Servicios Financieros operates in several countries, including Mexico, Colombia, and Peru.

Mercantil Servicios Financieros is a leading financial services company in Latin America, with a strong presence in several countries.

Founded in 1974, Mercantil has been providing financial solutions to individuals and businesses for over 45 years.

The company's headquarters is located in Caracas, Venezuela, and it has a significant presence in countries such as Colombia, Peru, and Ecuador.

Our company was founded in 2010 by a team of entrepreneurs who saw an opportunity to fill a gap in the market for innovative solutions.

We've been in business for over a decade, giving us a wealth of experience in developing and refining our products.

Our headquarters are located in San Francisco, California, which provides us with access to a talented pool of engineers and developers.

We have a strong presence in the tech industry, with a focus on creating cutting-edge products that make a real difference in people's lives.

Our team is made up of experts from a variety of backgrounds, including engineering, design, and business development.

We're committed to innovation and continuous improvement, which is reflected in our strong track record of product launches and updates.

We're proud of our company culture, which values collaboration, creativity, and a passion for learning.

The Executive Committee of Mercantil Servicios Financieros, C.A. is led by Gustavo Julio Vollmer Acedo, who has been the CEO since 1996. He's been at the helm for over 25 years.

Gustavo Julio Vollmer Acedo is 75 years old, which is quite impressive for someone in a leadership position. His experience and wisdom likely play a significant role in guiding the company.

Luciano Scandolari and Jorge Pereira are also part of the Executive Committee, holding the positions of Director of Finance/CFO. Unfortunately, their ages and start dates are not available.

The company has a Chief Operating Officer, Hilda Monsalve, but her age and start date are not publicly disclosed. Similarly, Francisco Vivancos C. is the Chief Tech/Sci/R&D Officer, but his personal details are not available.

Here is a list of the Executive Committee members:

The Board Composition of Mercantil Servicios Financieros, C.A. is made up of a diverse group of individuals with varying roles and experience.

Gustavo Julio Vollmer Acedo serves as the Chairman of the Board, a position he has held since April 7, 2011. He is 75 years old.

The Board has a total of four members, including Alfredo Travieso Passios, Luis A. Marturet M., Rene Brillembourg C, and Claudio Dolman C. All of these individuals are Directors/Board Members.

Here is a list of the Board Members:

Mercantil Servicios Financieros, a company listed on the stock market, operates under the ticker symbol MVZ.B Stock. Its financials are a crucial aspect of the company's overall performance.

The income statement provides valuable insights into the company's revenues and expenses. Mercantil Servicios Financieros' stock is categorized under equities.

As an investor, it's essential to review the company's financials to make informed decisions.

The income statement is a crucial document that provides a snapshot of a company's financial performance over a specific period. It's like a report card for the company, showing how well it's doing financially.

The income statement for Mercantil Servicios Financieros, C.A., which operates under the stock ticker MVZ.B, includes information about its stock market performance. This is found under the "Stock Market" section of its income statement.

Equities, such as those traded on the stock market, are a key component of a company's financial performance. This is why the income statement for MVZ.B includes a section on equities.

The company's income statement also includes a section on stock performance, which is likely to be of interest to investors and analysts. This section provides a detailed breakdown of the company's financial performance.

Here's a summary of the key components of the income statement for MVZ.B:

This information can be useful for investors and analysts who want to get a better understanding of the company's financial performance.

The valuation of a company is a crucial aspect of its financial health. In the case of Mercantil Servicios Financieros, C.A., the capitalization has fluctuated significantly over the years, ranging from 136M to 25.74B.

Looking at the P/E ratio, we can see that it has increased from 1.84x in 2022 to 3.16x in 2023. This suggests that investors have become more optimistic about the company's future prospects.

The enterprise value of Mercantil Servicios Financieros, C.A. has also experienced significant changes, ranging from 65.85M to 12.45B. This can be a good indicator of a company's overall value and growth potential.

Here's a breakdown of the company's valuation metrics:

The free-float of the company's shares is 84.16%, indicating that a significant portion of the shares are available for trading. This can be an important factor for investors looking to buy or sell shares.

The yield on the company's shares has remained relatively stable at 0.06% in both 2022 and 2023. This suggests that investors may not expect significant returns from the company's dividend payments.

The financial sector is a complex and ever-changing landscape, but let's take a closer look at the banks.

The end-of-day quote for Mercantil Servicios Financieros, C.A. on February 28, 2025, is 183.00.

This represents a 5-day change of -.--% and a 1st January change of +3.39%.

The company reported its earnings results for the full year ended December 31, 2024, on January 9.

Here's a snapshot of the company's performance over the past few months:

The company's stock has shown significant growth, with a 1-year change of +317.05% and a 3-years change of +3,560.00%.

Mercantil Servicios Financieros Internacional S.A. has a strong geographical presence in Panama, where the company is listed on the Latin American Stock Exchange (Latinex).

The Group operates mainly from Panama, providing a comprehensive value proposition in banking, insurance, reinsurance, and wealth management.

Mercantil Servicios Financieros Internacional S.A. has a subsidiary in Switzerland that offers exclusive private banking services.

The company's headquarters is located at Edificio Torre De Las Americas, Piso 14 Torre A Punta Pacifica, Panama.

Mercantil Servicios Financieros, C.A. has a significant presence in Venezuela, with sales reaching 5,580 billion in 2019, a notable increase to 104,682 billion in 2020.

The company's sales in Venezuela have fluctuated over the years, with a significant drop to 238 million in 2021, before rising to 2.02 billion in 2022.

However, the most recent data shows a substantial increase to 4.46 billion in 2023, indicating a growing market for the company in this region.

Here is a breakdown of the company's sales in Venezuela over the years:

Mercantil Servicios Financieros Internacional S.A. (Panama) is a holding company founded in February 2019.

The company operates mainly from Panama, where it's listed on the Latin American Stock Exchange (Latinex), providing a comprehensive value proposition in banking, insurance, reinsurance, and wealth management.

MERCANTIL, the main subsidiary, provides financial, banking, means of payment, and insurance to corporate clients, small and medium-sized companies, and individuals.

The company was originally constituted and registered at the Curacao Chamber of Commerce and Industry on October 11, 1989, under the registration number 51919.

MERCANTIL was re-domiciled in Barbados on September 6, 2016, and then re-domiciled in Panama through Public Deed No. 2,115 dated February 18, 2019.

The company is registered with the Superintendency of the Stock Market of the Republic de Panama (SMV), registering its shares in April 2019.

MERCANTIL's headquarters is located at Edificio Torre De Las Americas, Piso 14 Torre A Punta Pacifica Panama; Panama.

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Mercantil Servicios Financieros, a Venezuelan bank, is part of a larger industry with many competitors. MERCANTIL SERVICIOS FINANCIEROS, C.A. is listed among other notable banks.

JPMORGAN CHASE & CO. has seen a significant increase in its stock price, with a 2.16% rise in the last 5 days. This is a notable contrast to MERCANTIL SERVICIOS FINANCIEROS, C.A.'s decrease of -.--%.

BANK OF AMERICA CORPORATION has also seen a substantial increase, with a 4.49% rise in the same time period. This is a stark difference from INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED's decline of -1.61%.

Here is a list of the top 5 banks by market capitalization:

The average change in stock price for the listed banks is +1.05%. This is a relatively low increase compared to the 66.58% rise in the 3-year change for the same banks.

Mercantil Servicios Financieros is a leading financial services company with a strong presence in Latin America.

Mercantil has a long history of providing financial services, dating back to 1975 when it was founded.

The company has a significant presence in Mexico, where it operates through its subsidiary, Mercantil México.

Mercantil is a major player in the financial services industry, with a wide range of services including banking, brokerage, and insurance.

Mercantil Servicios Financieros starts operations in 1997 as a financial services holding company headquartered in Venezuela, formed by the shareholders of Banco Mercantil and Consorcio Inversionista Mercantil y Agrícola (CIMA).

The company's main subsidiaries include Mercantil Banco Universal, Mercantil Seguros, and Mercantil Merinvest in Venezuela, as well as several international subsidiaries.

In addition to its Venezuelan subsidiaries, Mercantil Servicios Financieros also has a presence in the United States, Panama, Switzerland, and Curaçao, with a range of financial services companies operating under its umbrella.

Here are some of Mercantil Servicios Financieros' notable international subsidiaries:

Mercantil Servicios Financieros, C.A. has reported its earnings results for the full year ended December 31, 2024 on January 9, 2024.

The company's financial reports have been regularly published, with the most recent one being for the fourth quarter ended December 31, 2023, released on January 29, 2024.

The company's earnings results for the year 2023 were also reported in segments, including the third quarter and nine months ended September 30, 2023, which was released on October 30, 2023.

Here's a list of the company's earnings reports for the year 2023:

The company has consistently reported its earnings results on a quarterly basis, providing transparency into its financial performance.