NYSE:BSMX

Banco Santander Mexico Sa Instcn De Stock Forecast, Price & News

$3.15

-0.04 (-1.25 %)

(As of 09/23/2020 12:00 AM ET)

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Today's Range

$3.10

Now: $3.15▼

$3.25

50-Day Range

$2.95

MA: $3.29▼

$3.59

52-Week Range

$2.52

Now: $3.15▼

$8.01

Volume493,820 shs

Average Volume448,548 shs

Market Capitalization$4.28 billion

P/E Ratio4.32

Dividend Yield5.06%

Beta1.36

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 Global Corporate 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, government institutions, and corporate and institutional customers. As of December 31, 2017, it operated through a network of 1,375 offices; 7,323 ATMs; and 2,784 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 founded 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 Grupo Financiero Santander México, S.A. de C.V.

Beat the Market (BTM) Rank^™

3.1 Analyst's Opinion

Consensus Rating
Banco Santander Mexico Sa Instcn De has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 2 buy ratings, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $7.00, Banco Santander Mexico Sa Instcn De has a forecasted upside of 122.2% from its current price of $3.15.
Amount of Analyst Coverage
Banco Santander Mexico Sa Instcn De has only been the subject of 2 research reports in the past 90 days.

1.9 Community Rank

Outperform Votes
Banco Santander Mexico Sa Instcn De has received 299 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Banco Santander Mexico Sa Instcn De has received 472 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Banco Santander Mexico Sa Instcn De has received 61.22% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Banco Santander Mexico Sa Instcn De and other stocks. Vote “Outperform” if you believe BSMX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BSMX will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Banco Santander Mexico Sa Instcn De is a leading dividend payer. It pays a dividend yield of 5.06%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Banco Santander Mexico Sa Instcn De does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Banco Santander Mexico Sa Instcn De is 19.51%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Banco Santander Mexico Sa Instcn De will have a dividend payout ratio of 32.00% next year. This indicates that Banco Santander Mexico Sa Instcn De will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Banco Santander Mexico Sa Instcn De insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 10.23% of the stock of Banco Santander Mexico Sa Instcn De is held by institutions.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Banco Santander Mexico Sa Instcn De are expected to grow by 2.04% in the coming year, from $0.49 to $0.50 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Banco Santander Mexico Sa Instcn De is 4.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.85.
Price to Earnings Ratio vs. Sector
The P/E ratio of Banco Santander Mexico Sa Instcn De is 4.32, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 16.46.
Price to Earnings Growth Ratio
Banco Santander Mexico Sa Instcn De has a PEG Ratio of 5.33. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Banco Santander Mexico Sa Instcn De has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.16 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Commercial banks, not elsewhere classified

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:BSMX

Previous Symbol

CUSIPN/A

CIK1551975

Webwww.santander.com.mx

Phone52-55-5257-8000

Debt

Debt-to-Equity Ratio0.88

Current Ratio0.99

Quick Ratio0.99

Price-To-Earnings

Trailing P/E Ratio4.32

Forward P/E Ratio6.43

P/E Growth5.33

Sales & Book Value

Annual Sales$7.35 billion

Price / Sales0.58

Cash Flow$1.00 per share

Price / Cash Flow3.14

Book Value$5.16 per share

Price / Book0.61

Profitability

EPS (Most Recent Fiscal Year)$0.82

Net Income$1.06 billion

Net Margins13.98%

Return on Equity13.98%

Return on Assets1.23%

Miscellaneous

Employees15,857

Outstanding Shares1,357,400,000

Market Cap$4.28 billion

Next Earnings Date10/29/2020 (Estimated)

OptionableOptionable

$3.15

-0.04 (-1.25 %)

(As of 09/23/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Banco Santander Mexico Sa Instcn De (NYSE:BSMX) Frequently Asked Questions

How has Banco Santander Mexico Sa Instcn De's stock price been impacted by Coronavirus (COVID-19)?

Banco Santander Mexico Sa Instcn De'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 decreased by 40.5% and is now trading at $3.15.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Banco Santander Mexico Sa Instcn De?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banco Santander Mexico Sa Instcn De in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Banco Santander Mexico Sa Instcn De.

When is Banco Santander Mexico Sa Instcn De's next earnings date?

Banco Santander Mexico Sa Instcn De is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for Banco Santander Mexico Sa Instcn De.

How were Banco Santander Mexico Sa Instcn De's earnings last quarter?

Banco Santander Mexico Sa Instcn De (NYSE:BSMX) issued its earnings results on Wednesday, July, 29th. The bank reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by $0.01. The bank earned $1.01 billion during the quarter. Banco Santander Mexico Sa Instcn De had a return on equity of 13.98% and a net margin of 13.98%.
View Banco Santander Mexico Sa Instcn De's earnings history.

How often does Banco Santander Mexico Sa Instcn De pay dividends? What is the dividend yield for Banco Santander Mexico Sa Instcn De?

Banco Santander Mexico Sa Instcn De announced a semi-annual dividend on Friday, December 13th. Investors of record on Thursday, December 26th will be given a dividend of $0.1855 per share on Friday, January 3rd. This represents a yield of 6.6%. The ex-dividend date of this dividend is Tuesday, December 24th.
View Banco Santander Mexico Sa Instcn De's dividend history.

What price target have analysts set for BSMX?

6 Wall Street analysts have issued twelve-month price targets for Banco Santander Mexico Sa Instcn De's stock. Their forecasts range from $7.00 to $7.00. On average, they anticipate Banco Santander Mexico Sa Instcn De's share price to reach $7.00 in the next twelve months. This suggests a possible upside of 122.2% from the stock's current price.
View analysts' price targets for Banco Santander Mexico Sa Instcn De.

Who are some of Banco Santander Mexico Sa Instcn De's key competitors?

Some companies that are related to Banco Santander Mexico Sa Instcn De include Banco Bilbao Vizcaya Argentaria (BBVA), National Bank of Canada (NTIOF), Royal Bank of Scotland Group (RBS), NatWest Group (NWG), Royal Bank of Scotland Group (RBSPF), KB Financial Group (KB), Societe Generale (SCGLY), Credicorp (BAP), GRUPO FINANCIER/ADR (GBOOY), ERSTE GRP BK A/S (EBKDY), Banco de Chile (BCH), Banco Santander-Chile (BSAC), Bancolombia (CIB), GRUPO AVAL ACCI/S (AVAL) and Woori Financial Group (WF).
View all competitors.

What other stocks do shareholders of Banco Santander Mexico Sa Instcn De own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Banco Santander Mexico Sa Instcn De investors own include Energy Transfer LP Unit (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 (CCL) and CHIMERA INVT CO/SH NEW (CIM).

Who are Banco Santander Mexico Sa Instcn De's key executives?

Banco Santander Mexico Sa Instcn De's management team includes the following people:

Mr. Héctor Blas Grisi Checa, CEO, Exec. Pres, Gen. Director & Director (Age 52)
Mr. Didier Mena Campos, CFO & Deputy Director Gen. of Fin.
Mr. Enrique Luis Mondragón Domínguez, Deputy Gen. Director of Technology and Operations
Mr. Pedro José Moreno Cantalejo, VP of the Admin. & Fin. and Exec. Officer
Mr. Fernando Borja Mujica, Deputy Gen. Legal & Compliance Director and Sec. of the Board

What is Banco Santander Mexico Sa Instcn De's stock symbol?

Banco Santander Mexico Sa Instcn De trades on the New York Stock Exchange (NYSE) under the ticker symbol "BSMX."

Who are Banco Santander Mexico Sa Instcn De's major shareholders?

Banco Santander Mexico Sa Instcn De's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Macquarie Group Ltd. (0.80%), M&G Investment Management Ltd. (0.16%), Mitsubishi UFJ Trust & Banking Corp (0.07%), Itau Unibanco Holding S.A. (0.05%), Sei Investments Co. (0.04%) and Bank of America Corp DE (0.02%).

Which major investors are selling Banco Santander Mexico Sa Instcn De stock?

BSMX stock was sold by a variety of institutional investors in the last quarter, including Itau Unibanco Holding S.A., M&G Investment Management Ltd., Macquarie Group Ltd., and Sei Investments Co..

Which major investors are buying Banco Santander Mexico Sa Instcn De stock?

BSMX stock was acquired by a variety of institutional investors in the last quarter, including Mitsubishi UFJ Trust & Banking Corp, Marshall Wace LLP, Bank of America Corp DE, Black Creek Investment Management Inc., Jane Street Group LLC, JustInvest LLC, and Advisor Group Holdings Inc..

How do I buy shares of Banco Santander Mexico Sa Instcn De?

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

What is Banco Santander Mexico Sa Instcn De's stock price today?

One share of BSMX stock can currently be purchased for approximately $3.15.

How big of a company is Banco Santander Mexico Sa Instcn De?

Banco Santander Mexico Sa Instcn De has a market capitalization of $4.28 billion and generates $7.35 billion in revenue each year. The bank earns $1.06 billion in net income (profit) each year or $0.82 on an earnings per share basis. Banco Santander Mexico Sa Instcn De employs 15,857 workers across the globe.

What is Banco Santander Mexico Sa Instcn De's official website?

The official website for Banco Santander Mexico Sa Instcn De is www.santander.com.mx.

How can I contact Banco Santander Mexico Sa Instcn De?

Banco Santander Mexico Sa Instcn De'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 9/24/2020 by MarketBeat.com Staff

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