S&P 500   4,594.62
DOW   34,899.34
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S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NYSE:BSMX

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

$6.03
-0.11 (-1.79%)
(As of 11/26/2021 12:00 AM ET)
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Today's Range
$6.01
$6.05
50-Day Range
$5.61
$6.45
52-Week Range
$4.49
$6.67
Volume
19,442 shs
Average Volume
344,681 shs
Market Capitalization
$8.19 billion
P/E Ratio
8.87
Dividend Yield
2.61%
Beta
1.39
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 Mexico SA Institucion de Banca Multiple Grupo Financiero Santander Mexico engages in the provision of banking and financial solutions. It operates through the following segments: Retail Banking, Global Corporate and Investment Banking, and Corporate Activities. The Retail Banking segment provides a range of services to individuals, private banking, small and medium enterprises, middle-market corporations, and government institutions. The Global Corporate and Investment Banking segment offers global transaction banking, financial solutions and advisory, and corporate finance to Mexican and multinational corporations, financial groups, and large institutional clients. The firm products include mortgages, credit cards, payroll loans, loans, and other. The company was founded on November 16, 1932 and is headquartered in Mexico City, Mexico.

Headlines

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

Industry, Sector and Symbol

Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Employees
21,183
Year Founded
N/A

Sales & Book Value

Annual Sales
$6.51 billion
Cash Flow
$0.88 per share
Book Value
$6.08 per share

Profitability

Net Income
$889.88 million
Pretax Margin
N/A

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares
1,357,399,000
Free Float
N/A
Market Cap
$8.19 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/28/2021
Today
11/27/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/02/2022

MarketRank

Overall MarketRank

2.29 out of 5 stars

Finance Sector

446th out of 1,340 stocks

Commercial Banks, Not Elsewhere Classified Industry

11th out of 38 stocks

Analyst Opinion: 2.1Community Rank: 3.7Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -












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 1 sell rating, 2 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.

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

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 reached pandemic status according to the World Health Organization (WHO). Since then, BSMX stock has increased by 14.0% and is now trading at $6.03.
View which stocks have been most impacted by COVID-19
.

Are investors shorting 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 saw a decline in short interest in the month of October. As of October 29th, there was short interest totaling 50,600 shares, a decline of 18.8% from the October 14th total of 62,300 shares. Based on an average daily trading volume, of 109,600 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the shares of the company are short sold.
View Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's Short Interest
.

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, February 2nd 2022.
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 data on Thursday, October, 28th. The bank reported $0.18 earnings per share for the quarter, hitting analysts' consensus estimates of $0.18. The bank had revenue of $1.10 billion for the quarter. Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México had a trailing twelve-month return on equity of 11.56% and a net margin of 14.59%.
View Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's earnings history
.

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 announced a Variable dividend on Friday, May 28th. Stockholders of record on Thursday, June 17th will be given a dividend of $0.102 per share on Friday, June 25th. The ex-dividend date 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 $0.16 per share and currently has a dividend yield of 2.61%. The dividend payout ratio of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México is 23.53%. 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 21.33% 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 brokers 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 $7.50. On average, they expect Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's stock price to reach $7.00 in the next year. This suggests a possible upside of 16.1% 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:
  • Hector Blas Grisi Checa, Chief Executive Officer, Director & EVP
  • Jesús Santiago Martín Juárez, Executive Director-Operations & Process
  • Didier Mena Campos, Chief Financial Officer
  • Rodrigo Brand de Lara, Deputy General Director-Research & Public Affairs
  • Fernando Borja Mujica, Secretary & Deputy General-Legal

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 a number of institutional and retail investors. Top institutional shareholders include Macquarie Group Ltd. (0.78%), Lord Abbett & CO. LLC (0.14%), M&G Investment Management Ltd. (0.10%), Segantii Capital Management Ltd (0.09%), Schroder Investment Management Group (0.08%) and Tudor Investment Corp Et Al (0.04%).

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 Segantii Capital Management Ltd, Schroder Investment Management Group, Macquarie Group Ltd., Renaissance Technologies LLC, Guggenheim Capital LLC, Goldman Sachs Group Inc., Citadel Advisors LLC, and Comerica Bank.

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 Lord Abbett & CO. LLC, Tudor Investment Corp Et Al, Newfoundland Capital Management, M&G Investment Management Ltd., Black Creek Investment Management Inc., Jane Street Group LLC, Mercer Global Advisors Inc. ADV, 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 $6.03.

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 $8.19 billion and generates $6.51 billion in revenue each year. The bank earns $889.88 million in net income (profit) each year or $0.68 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 525552578000, via email at [email protected], or via fax at 52-55-5269-2701.


This page was last updated on 11/27/2021 by MarketBeat.com Staff

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