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S&P 500   4,280.15
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2 Important Retail Stock Battles to Watch
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Climate bill: Could coal communities shift to nuclear?
Italy's Lake Garda shrinks to near-historic low amid drought
Germans urged to cap heat in offices this winter to save gas
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Climate bill: Could coal communities shift to nuclear?
Italy's Lake Garda shrinks to near-historic low amid drought
Germans urged to cap heat in offices this winter to save gas
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Climate bill: Could coal communities shift to nuclear?
Italy's Lake Garda shrinks to near-historic low amid drought
Germans urged to cap heat in offices this winter to save gas
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
NYSE:BSMX

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

$5.23
+0.12 (+2.35%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$5.14
$5.37
50-Day Range
$4.58
$5.66
52-Week Range
$4.52
$6.48
Volume
10,873 shs
Average Volume
27,486 shs
Market Capitalization
$7.10 billion
P/E Ratio
6.54
Dividend Yield
11.89%
Price Target
$6.88

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México MarketRank™ Forecast

Analyst Rating
Hold
1.80 Rating Score
Upside/​Downside
31.5% Upside
$6.88 Price Target
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.45mentions of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-32.50%
From $0.80 to $0.54 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.69 out of 5 stars

Finance Sector

241st out of 918 stocks

Commercial Banks, Not Elsewhere Classified Industry

13th out of 34 stocks

BSMX stock logo

About Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (NYSE:BSMX) Stock

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, 2021, it operated through a network of 1,346 offices; 9,498 ATMs; and 2,540 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 Grupo Financiero Santander México, S.A. de C.V.

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México Stock Up 2.3 %

NYSE:BSMX opened at $5.23 on Friday. Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has a 1-year low of $4.52 and a 1-year high of $6.48. The company has a market cap of $7.10 billion, a price-to-earnings ratio of 6.54, a PEG ratio of 0.86 and a beta of 1.16. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.87. The company has a 50 day moving average of $5.17 and a 200-day moving average of $5.33.

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (NYSE:BSMX - Get Rating) last announced its quarterly earnings results on Thursday, July 28th. The bank reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.03. Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México had a net margin of 16.26% and a return on equity of 13.44%. The company had revenue of $1.08 billion during the quarter. On average, equities research analysts expect that Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México will post 0.8 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México from a "buy" rating to a "hold" rating in a research report on Thursday, May 12th. One research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company's stock. Based on data from MarketBeat.com, Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México currently has an average rating of "Hold" and a consensus price target of $6.88.

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BSMX Stock News Headlines

Upcoming Dividend Run For BSMX?
Santander Mexico (BSMX) Upgraded to Buy: Here's Why
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BSMX Company Calendar

Last Earnings
7/28/2022
Today
8/13/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Employees
23,974
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$6.88
High Stock Price Forecast
$7.50
Low Stock Price Forecast
$6.00
Forecasted Upside/Downside
+31.5%
Consensus Rating
Hold
Rating Score (0-4)
1.80
Research Coverage
5 Analysts

Profitability

Net Income
$1.03 billion
Pretax Margin
22.97%

Debt

Sales & Book Value

Annual Sales
$6.33 billion
Cash Flow
$0.90 per share
Book Value
$5.89 per share

Miscellaneous

Outstanding Shares
1,357,400,000
Free Float
N/A
Market Cap
$7.10 billion
Optionable
Optionable
Beta
1.16

Key Executives

  • Mr. Felipe Francisco García Asencio
    CEO and Deputy Gen. Director of Corp. & Investment Banking
  • Mr. Hector Blas Grisi Checa (Age 55)
    Exec. Pres, Gen. Director & Director
  • Mr. Didier Mena Campos
    VP of Admin. and Fin., CFO & Director
  • Mr. Oscar Jose Hernando Moliner
    Exec. Director of Operations & Processes
  • Daniel Concepcion Perez
    Chief Technology Officer of Mexico
  • Mr. Hector Chavez Lopez
    Exec. Director of Investor Relations & MD of IRO
  • Lic. Fernando Borja Mujica
    Dep. Gen. Director of Legal, Compliance Director & Sec. of the Board
  • Mr. Rodrigo Brand de Lara
    Deputy Gen. Director of Research, Strategy, Public Affairs & Chief of Staff of CEO
  • Ms. Ana Felisa Lopez Escobar
    Head of HR
  • Mr. Emilio de Eusebio Saiz
    Deputy Gen. Director of Intervention & Control Management and Director













BSMX Stock - Frequently Asked Questions

Should I buy or sell Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México stock right now?

5 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 year. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BSMX shares. 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 BSMX analyst ratings
or view top-rated stocks.

What is Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's stock price forecast for 2022?

5 equities research analysts have issued 1 year target prices for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's shares. Their BSMX share price forecasts range from $6.00 to $7.50. On average, they anticipate the company's stock price to reach $6.88 in the next twelve months. This suggests a possible upside of 31.5% from the stock's current price.
View analysts price targets for BSMX
or view top-rated stocks among Wall Street analysts.

How have BSMX shares performed in 2022?

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's stock was trading at $5.64 at the beginning of the year. Since then, BSMX stock has decreased by 7.3% and is now trading at $5.23.
View the best growth stocks for 2022 here
.

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 increase in short interest during the month of July. As of July 31st, there was short interest totaling 7,500 shares, an increase of 87.5% from the July 15th total of 4,000 shares. Based on an average daily volume of 20,300 shares, the days-to-cover ratio is currently 0.4 days.
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?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our BSMX earnings forecast
.

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) released its quarterly earnings results on Thursday, July, 28th. The bank reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.22 by $0.03. The bank had revenue of $1.08 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 13.44% and a net margin of 16.26%.

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 (NYSE:BSMX) pays an annual dividend of $0.61 per share and currently has a dividend yield of 11.89%. BSMX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 76.25%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, BSMX will have a dividend payout ratio of 112.96% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for BSMX.

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 institutional and retail investors. Top institutional shareholders include Franklin Resources Inc. (1.21%), JPMorgan Chase & Co. (0.06%), Envestnet Asset Management Inc. (0.00%), Cerity Partners LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%).

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

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.
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 $5.23.

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 (NYSE:BSMX) has a market capitalization of $7.10 billion and generates $6.33 billion in revenue each year. The bank earns $1.03 billion in net income (profit) each year or $0.80 on an earnings per share basis.

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

The company employs 23,974 workers across the globe.

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 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.

This page (NYSE:BSMX) was last updated on 8/13/2022 by MarketBeat.com Staff

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