NYSE:BSMX

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

$5.76

-0.02 (-0.35 %)

(As of 07/23/2021 12:00 AM ET)

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Today's Range

$5.74

▼

$5.83

50-Day Range

$5.76

▼

$6.53

52-Week Range

$2.86

▼

$6.67

Volume282,400 shs

Average Volume474,916 shs

Market Capitalization$7.82 billion

P/E Ratio9.29

Dividend Yield1.74%

Beta1.39

30 days | 90 days | 365 days | Advanced Chart

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

Banco Santander MÃ©xico, S.A., InstituciÃ³n de Banca MÃºltiple, Grupo Financiero Santander MÃ©xico 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, 2020, it operated through a network of 1,350 offices; 9,448 ATMs; and 2,297 contact center positions. The company was formerly known as Banco Santander (MÃ©xico), S.A., InstituciÃ³n de Banca MÃºltiple, Grupo Financiero Santander and changed its name to Banco Santander MÃ©xico, S.A., InstituciÃ³n de Banca MÃºltiple, Grupo Financiero Santander MÃ©xico in September 2012. The company was incorporated in 1932 and is headquartered in Mexico City, Mexico. Banco Santander MÃ©xico, S.A., InstituciÃ³n de Banca MÃºltiple, Grupo Financiero Santander MÃ©xico is a subsidiary of Banco Santander, S.A.

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (NYSE:BSMX) Short Interest Down 53.3% in June
July 17, 2021 | americanbankingnews.com

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

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (NYSE:BSMX) Upgraded to "Outperform" at Scotiabank
July 7, 2021 | americanbankingnews.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

See More Headlines

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
Employees21,183
Year FoundedN/A

Sales & Book Value

Annual Sales$6.51 billion
Price / Sales1.20
Cash Flow$0.89 per share
Price / Cash Flow6.46
Book Value$5.32 per share
Price / Book1.08

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares1,357,399,000
Market Cap$7.82 billion
Next Earnings Date7/28/2021 (Confirmed)
OptionableOptionable

MarketRank^™

Overall MarketRank^™

2.31 out of 5 stars

Finance Sector

62nd out of 2,039 stocks

Commercial Banks, Not Elsewhere Classified Industry

3rd out of 75 stocks

3.3 Analyst's Opinion

Consensus Rating
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $7.30, Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has a forecasted upside of 26.7% from its current price of $5.76.
Amount of Analyst Coverage
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has only been the subject of 3 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has received 311 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has received 486 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has received 60.98% “underperform” 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 1.74%, 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 14.29%. 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 12.66% 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 10.67% of the stock of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México is held by institutions.

3.8 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 11.27% in the coming year, from $0.71 to $0.79 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 9.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.62.
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 9.29, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.31.
Price to Earnings Growth Ratio
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has a PEG Ratio of 0.90. PEG Ratios below 1 indicate that a company could be undervalued.
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 1.08. P/B Ratios below 3 indicates that a company is reasonably valued 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 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 year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México stock.
View analyst ratings for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México or view top-rated stocks.

What stocks does MarketBeat like better than Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México?

Wall Street analysts have given Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks 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 drop in short interest in June. As of June 30th, there was short interest totaling 120,900 shares, a drop of 53.3% from the June 15th total of 258,700 shares. Based on an average daily trading volume, of 550,900 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are sold short.
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, July 28th 2021.
View our earnings forecast for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México.

How can I listen to Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's earnings call?

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México will be holding an earnings conference call on Thursday, July 29th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "10015639".

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) announced its quarterly earnings data on Wednesday, April, 28th. The bank reported $0.12 earnings per share (EPS) for the quarter, missing the Zacks' 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 11.46% and a net margin of 13.51%.
View Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's earnings history.

How has Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's stock 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 8.9% and is now trading at $5.76.
View which stocks have been most impacted by COVID-19.

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 $0.10 per share and currently has a dividend yield of 1.74%. The dividend payout ratio of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México is 14.29%. 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 12.66% 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 brokerages have issued 12-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 $8.10. On average, they anticipate Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's share price to reach $7.30 in the next year. This suggests a possible upside of 26.7% 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:

Mr. Hector Blas Grisi Checa, CEO, Exec. Pres, Gen. Director & Director (Age 54)
Mr. Didier Mena Campos, Chief Financial Officer
Mr. Jesus Santiago Martin Juarez, Exec. Director of Operations & Process
Mr. Octaviano Carlos Couttolenc Mestre, Deputy Gen. Director of Corp. & Investment Banking
Mr. Hector Chavez Lopez, Exec. Director of Investor Relations & MD of IRO
Lic. Fernando Borja Mujica, Deputy Gen. Legal, Compliance Director & Sec. of the Board of Directors
Mr. Rodrigo Brand de Lara, Deputy Gen. Director of Research, Strategy, Public Affairs & Chief of Staff of CEO
Mr. Juan Ignacio EcheverrÃa FernÃ¡ndez, Exec. Director of HR
Mr. Pablo Fernando Quesada GÃ³mez, Deputy Gen. Director of Corp. & Institution Banking

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 DNB Bank ASA (DNBBY), Banco Santander (Brasil) (BSBR), Skandinaviska Enskilda Banken AB (publ) (SVKEF), National Bank of Canada (NTIOF), Société Générale Société anonyme (SCGLY), Swedbank AB (publ) (SWDBY), PT Bank Mandiri (Persero) Tbk (PPERY), KB Financial Group (KB), Grupo Financiero Banorte (GBOOY), Erste Group Bank (EBKDY), Credicorp (BAP), Banco de Chile (BCH), Banco Santander-Chile (BSAC), Bancolombia (CIB) and Woori Financial Group (WF).
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."

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 $5.76.

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 $7.82 billion and generates $6.51 billion in revenue each year. The bank earns $889.88 million in net income (profit) each year or $0.70 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 52-55-5257-8000 or via email at [email protected]

This page was last updated on 7/26/2021 by MarketBeat.com Staff

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