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)

Add

Compare

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

Receive BSMX News and Ratings via Email

Sign-up to receive the latest news and ratings for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México and its competitors with MarketBeat's FREE daily newsletter.

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.

Bank of America Lowers Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (NYSE:BSMX) to Underperform
November 18, 2021 | americanbankingnews.com

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (NYSE:BSMX) Lowered to Hold at HSBC
November 2, 2021 | americanbankingnews.com

Banco Santander México Reports Third Quarter 2021 Net Income of Ps.4,843 Million
October 28, 2021 | finance.yahoo.com

Banco Santander México Will Report 3Q21 Results After Market Close On October 28th, 2021
October 12, 2021 | finance.yahoo.com

Banco Santander México Will Report 2Q21 Results After Market Close On July 28th, 2021
July 16, 2021 | finance.yahoo.com

Banco Santander Mexico Informs That It Has Called Its Shareholders To A Meeting To Approve The Payment Of A Dividend And The Delisting Of Its Shares
May 10, 2021 | finance.yahoo.com

Banco Santander México Reports First Quarter 2021 Net Income of Ps.3,279 Million
April 28, 2021 | finance.yahoo.com

Santander Mexico (BSMX) is a Great Momentum Stock: Should You Buy?
April 20, 2021 | finance.yahoo.com

Banco Santander Mexico: Latest Acquisition Presents An Opportunity For Investors
April 18, 2021 | seekingalpha.com

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

Banco Santander México Announces That It Has Been Included In The "Sustainability Yearbook 2021" Of S&P Global For Its Strong Performance In ESG Matters
February 17, 2021 | finance.yahoo.com

Why Earnings Season Could Be Great for Santander Mexico (BSMX)?
February 2, 2021 | finance.yahoo.com

Banco Santander (Mexico) S.A. Institucion de Banca Multiple Grupo Financiero Santander Mexico
January 19, 2021 | wsj.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Commercial banks, not elsewhere classified
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:BSMX
Previous Symbol
CUSIP: N/A
CIK: 1551975
Web: www.santander.com.mx
Phone: 525552578000
Fax: 52-55-5269-2701
Employees: 21,183
Year Founded: N/A

Sales & Book Value

Annual Sales: $6.51 billion
Price / Sales: 1.26
Cash Flow: $0.88 per share
Price / Cash Flow: 6.86
Book Value: $6.08 per share
Price / Book: 0.99

Profitability

EPS (Most Recent Fiscal Year): $0.68
Net Income: $889.88 million
Net Margins: 14.59%
Pretax Margin: N/A
Return on Equity: 11.56%
Return on Assets: 1.07%

Debt

Debt-to-Equity Ratio: 0.85
Current Ratio: 0.91
Quick Ratio: 0.91

Price-To-Earnings

Trailing P/E Ratio: 8.87
Forward P/E Ratio: 9.00
P/E Growth: 1.25

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: 11/26/2021
Fiscal Year End: 12/31/2021
Next Earnings (Estimated): 2/02/2022

MarketRank^™

Overall MarketRank^™

2.29 out of 5 stars

Finance Sector

525th out of 1,340 stocks

Commercial Banks, Not Elsewhere Classified Industry

12th out of 38 stocks

2.1 Analyst's Opinion

Consensus Rating
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $7.00, Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has a forecasted upside of 16.1% from its current price of $6.03.
Amount of Analyst Coverage
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has only been the subject of 2 research reports in the past 90 days.

3.7 Community Rank

Outperform Votes
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has received 313 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has received 251 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has received 55.50% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México 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.

2.5 Dividend Strength

Dividend Yield
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México pays a meaningful dividend of 2.61%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México does not have a long track record of dividend growth.
Dividend Coverage
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%.
Dividend Sustainability
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.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 10.51% of the stock of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México is held by institutions.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México are expected to grow by 11.94% in the coming year, from $0.67 to $0.75 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México is 8.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.19.
Price to Earnings Ratio vs. Sector
The P/E ratio of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México is 8.87, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 12.37.
Price to Earnings Growth Ratio
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has a PEG Ratio of 1.25. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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 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 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 shares have 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 during 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 trading volume of 109,600 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the company's stock 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) released its quarterly earnings data on Thursday, October, 28th. The bank reported $0.18 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate 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 declared a Variable dividend on Friday, May 28th. Investors 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 $0.16 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 analysts have issued 1-year price targets for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's shares. 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 twelve months. 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?: Some companies that are related to Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México include BOC Hong Kong (BHKLY), NatWest Group (NWG), National Bank of Canada (NTIOF), Société Générale Société anonyme (SCGLY), Swedbank AB (publ) (SWDBY), Banco Santander (Brasil) (BSBR), PT Bank Mandiri (Persero) Tbk (PPERY), KB Financial Group (KB), Erste Group Bank (EBKDY), Grupo Financiero Banorte (GBOOY), Banco de Chile (BCH), Credicorp (BAP), Banco Santander-Chile (BSAC), Woori Financial Group (WF) and Bancolombia (CIB).
View all of BSMX's 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 variety of institutional and retail investors. Top institutional investors 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 institutional 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 institutional investors are buying Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México stock?: BSMX stock was bought 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 11/26/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

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

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

Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Company Calendar

MarketRank™

Overall MarketRank™

2.1 Analyst's Opinion

3.7 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

2.5 Dividend Strength

0.0 Company Ownership

3.1 Earnings and Valuation

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?

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

Are investors shorting Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México?

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

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

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?

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

What price target have analysts set for BSMX?

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

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?

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

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

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

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

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

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

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

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

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

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

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

30 Days of MarketBeat All Access for $1.00

Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

MarketRank^™

Overall MarketRank^™