NYSE:BSMX

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México Stock Forecast, Price & News

$6.12
-0.08 (-1.29 %)
(As of 06/18/2021 12:00 AM ET)
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Today's Range
$6.10
$6.19
50-Day Range
$5.61
$6.53
52-Week Range
$2.86
$6.67
Volume393,696 shs
Average Volume518,150 shs
Market Capitalization$8.31 billion
P/E Ratio9.87
Dividend Yield1.61%
Beta1.38
30 days | 90 days | 365 days | Advanced Chart
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Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México logo

About Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México provides various banking products and services in Mexico. The company operates through Retail Banking and Corporate and Investment Banking segments. It offers various deposit products, such as current accounts, savings accounts, and time deposits, as well as certificates of interbank deposits; and payroll loans, personal loans, credit cards, mortgages, and insurance brokerage services. The company also provides cash management, working capital solutions, and trade finance; structured credit and debt products, project finance, and asset based finance; financial and strategic advisory services for mergers and acquisition; solutions and services for investing and hedging; and Internet and mobile banking services. It serves individuals, private banking clients, small and medium-sized enterprises, middle-market corporations, government institutions, and corporate and institutional customers. As of December 31, 2020, it operated through a network of 1,350 offices; 9,448 ATMs; and 2,297 contact center positions. The company was formerly known as Banco Santander (México), S.A., Institución de Banca Múltiple, Grupo Financiero Santander and changed its name to Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México in September 2012. The company was incorporated in 1932 and is headquartered in Mexico City, Mexico. Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México is a subsidiary of Banco Santander, S.A.

Headlines

Santander Mexico (BSMX) Upgraded to Buy: Heres Why
Santander Mexico (BSMX) Upgraded to Buy: Here's Why
March 9, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.82 out of 5 stars

Finance Sector

376th out of 1,971 stocks

Commercial Banks, Not Elsewhere Classified Industry

13th out of 73 stocks

Analyst Opinion: 2.2Community Rank: 1.9Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -
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Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (NYSE:BSMX) Frequently Asked Questions

Is Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BSMX, but not buy additional shares or sell existing shares.
View analyst ratings for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México
or view top-rated stocks.

What stocks does MarketBeat like better than Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México?

Wall Street analysts have given Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's next earnings date?

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México
.

How were Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's earnings last quarter?

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (NYSE:BSMX) posted its quarterly earnings results on Wednesday, April, 28th. The bank reported $0.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.17 by $0.05. The bank earned $1.04 billion during the quarter. Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México had a net margin of 13.51% and a trailing twelve-month return on equity of 11.46%.
View Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's earnings history
.

How has Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's stock price been impacted by Coronavirus (COVID-19)?

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's stock was trading at $5.29 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BSMX shares have increased by 15.7% and is now trading at $6.12.
View which stocks have been most impacted by COVID-19
.

How often does Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México pay dividends? What is the dividend yield for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México?

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México declared a Variable dividend on Friday, May 28th. Shareholders of record on Thursday, June 17th will be paid a dividend of $0.102 per share on Friday, June 25th. The ex-dividend date of this dividend is Wednesday, June 16th.
View Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's dividend history
.

Is Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México a good dividend stock?

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México pays an annual dividend of $0.10 per share and currently has a dividend yield of 1.61%. Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México does not yet have a strong track record of dividend growth. The dividend payout ratio of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México is 14.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México will have a dividend payout ratio of 13.70% next year. This indicates that Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México will be able to sustain or increase its dividend.
View Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's dividend history.

What price target have analysts set for BSMX?

5 equities research analysts have issued twelve-month price targets for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's stock. Their forecasts range from $6.50 to $8.10. On average, they expect Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's stock price to reach $7.30 in the next year. This suggests a possible upside of 19.3% from the stock's current price.
View analysts' price targets for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México
or view top-rated stocks among Wall Street analysts.

Who are Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's key executives?

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's management team includes the following people:
  • Mr. Hector Blas Grisi Checa, CEO, Exec. Pres, Gen. Director & Director (Age 54)
  • Mr. Didier Mena Campos, CFO & Director
  • Mr. Jesus Santiago Martin Juarez, Exec. Director of Operations & Process
  • Mr. Octaviano Carlos Couttolenc Mestre, Deputy Gen. Director of Corp. & Investment Banking
  • Mr. Pedro José Moreno Cantalejo, VP of the Admin. & Fin. and Exec. Officer
  • Mr. Hector Chavez Lopez, Exec. Director of Investor Relations & MD of IRO
  • Lic. Fernando Borja Mujica, Deputy Gen. Legal, Compliance Director & Sec. of the Board of Directors
  • Mr. Rodrigo Brand de Lara, Deputy Gen. Director of Research, Strategy, Public Affairs & Chief of Staff of CEO
  • Mr. Juan Ignacio Echeverría Fernández, Exec. Director of HR
  • Mr. Pablo Fernando Quesada Gómez, Deputy Gen. Director of Corp. & Institution Banking

Who are some of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's key competitors?

What other stocks do shareholders of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México investors own include Energy Transfer (ET), AT&T (T), ARMOUR Residential REIT (ARR), Huntington Bancshares (HBAN), Altria Group (MO), New Residential Investment (NRZ), Two Harbors Investment (TWO), Alcoa (AA), Carnival Co. & (CCL) and Chimera Investment (CIM).

What is Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's stock symbol?

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México trades on the New York Stock Exchange (NYSE) under the ticker symbol "BSMX."

Who are Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's major shareholders?

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's stock is owned by many different retail and institutional investors. Top institutional shareholders include Franklin Resources Inc. (1.22%), Mitsubishi UFJ Trust & Banking Corp (0.23%), M&G Investment Management Ltd. (0.16%), Arrowstreet Capital Limited Partnership (0.09%), Segantii Capital Management Ltd (0.07%) and Lord Abbett & CO. LLC (0.05%).

Which major investors are selling Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México stock?

BSMX stock was sold by a variety of institutional investors in the last quarter, including Barings LLC, Lord Abbett & CO. LLC, Mitsubishi UFJ Trust & Banking Corp, Franklin Resources Inc., Amundi Asset Management US Inc., Black Creek Investment Management Inc., Morgan Stanley, and Barclays PLC.

Which major investors are buying Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México stock?

BSMX stock was purchased by a variety of institutional investors in the last quarter, including Segantii Capital Management Ltd, Thomas White International Ltd., Tudor Investment Corp Et Al, M&G Investment Management Ltd., Newfoundland Capital Management, Privium Fund Management UK Ltd, Jane Street Group LLC, and BlackRock Inc..

How do I buy shares of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México?

Shares of BSMX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's stock price today?

One share of BSMX stock can currently be purchased for approximately $6.12.

How much money does Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México make?

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has a market capitalization of $8.31 billion and generates $6.51 billion in revenue each year. The bank earns $889.88 million in net income (profit) each year or $0.70 on an earnings per share basis.

How many employees does Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México have?

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México employs 21,183 workers across the globe.

What is Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's official website?

The official website for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México is www.santander.com.mx.

Where are Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's headquarters?

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México is headquartered at Avenida Prolongacion Paseo de la Reforma 500 Colonia Lomas de Santa Fe Delegacion Alvaro Obregon, Mexico City O5, 1219.

How can I contact Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México?

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's mailing address is Avenida Prolongacion Paseo de la Reforma 500 Colonia Lomas de Santa Fe Delegacion Alvaro Obregon, Mexico City O5, 1219. The bank can be reached via phone at 52-55-5257-8000 or via email at [email protected]


This page was last updated on 6/20/2021 by MarketBeat.com Staff
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