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

1 Wall Street 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 for the stock. The consensus among Wall Street analysts is that investors should "sell" BSMX shares.
View BSMX analyst ratings or view top-rated stocks.

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's stock was trading at $6.03 on January 1st, 2023. Since then, BSMX shares have decreased by 9.5% and is now trading at $5.46.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our BSMX earnings forecast.

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (NYSE:BSMX) issued its quarterly earnings data on Wednesday, April, 28th. The bank reported $0.12 earnings per share (EPS) for the quarter, missing the 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 trailing twelve-month return on equity of 17.73% and a net margin of 16.88%.
Read the conference call transcript.

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (NYSE:BSMX) pays an annual dividend of $0.55 per share and currently has a dividend yield of 10.02%. BSMX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 50.93%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for BSMX.

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).

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."

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 investors include Macquarie Group Ltd. (0.76%), Macquarie Group Ltd. (0.76%), Franklin Resources Inc. (0.73%), JPMorgan Chase & Co. (0.07%), Envestnet Asset Management Inc. (0.02%) and Susquehanna International Group LLP (0.00%).

Shares of BSMX stock 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.
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One share of BSMX stock can currently be purchased for approximately $5.46.

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (NYSE:BSMX) has a market capitalization of $7.41 billion and generates $7.65 billion in revenue each year. The bank earns $1.20 billion in net income (profit) each year or $1.08 on an earnings per share basis.

The company employs 25,990 workers across the globe.

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 official website for the company is www.santander.com.mx. The bank can be reached via phone at 525552578000, via email at investor@santander.com, or via fax at 52-55-5269-2701.