NYSE:BSMX

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

$5.37

-0.08 (-1.47 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$5.33

Now: $5.37▼

$5.56

50-Day Range

$4.92

MA: $5.32▼

$5.61

52-Week Range

$2.52

Now: $5.37▼

$8.01

Volume345,894 shs

Average Volume231,545 shs

Market Capitalization$7.29 billion

P/E Ratio7.78

Dividend YieldN/A

Beta1.4

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, 2019, it operated through a network of 1,402 offices; 9,015 ATMs; and 3,007 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 founded in 1932 and is headquartered in Mexico City, Mexico. Banco Santander MÃ©xico, S.A., InstituciÃ³n de Banca MÃºltiple, Grupo Financiero Santander MÃ©xico operates as a subsidiary of Grupo Financiero Santander MÃ©xico, S.A. de C.V.

MarketRank^™

Overall MarketRank^™

1.25 out of 5 stars

Finance Sector

820th out of 1,705 stocks

Commercial Banks, Not Elsewhere Classified Industry

32nd out of 71 stocks

3.1 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 30.4% from its current price of $5.37.
Amount of Analyst Coverage
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has received no research coverage in the past 90 days.

1.9 Community Rank

Outperform Votes
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has received 303 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has received 480 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has received 61.30% “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.

0.0 Dividend Strength

Dividend Yield
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México does not currently pay a dividend.
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.

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 10.43% of the stock of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México is held by institutions.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México are expected to decrease by -4.84% in the coming year, from $0.62 to $0.59 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 7.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.64.
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 7.78, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.34.
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 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

Employees15,857

Debt

Debt-to-Equity Ratio1.01

Current Ratio0.91

Quick Ratio0.91

Price-To-Earnings

Trailing P/E Ratio7.78

Forward P/E Ratio8.66

P/E GrowthN/A

Sales & Book Value

Annual Sales$7.35 billion

Price / Sales0.99

Cash Flow$1.03 per share

Price / Cash Flow5.21

Book Value$5.16 per share

Price / Book1.04

Profitability

EPS (Most Recent Fiscal Year)$0.82

Net Income$1.06 billion

Net Margins13.83%

Return on Equity13.40%

Return on Assets1.12%

Miscellaneous

Outstanding Shares1,357,400,000

Market Cap$7.29 billion

Next Earnings Date2/4/2021 (Estimated)

OptionableOptionable

$5.37

-0.08 (-1.47 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (NYSE:BSMX) Frequently Asked Questions

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. Since then, BSMX shares have increased by 1.5% and is now trading at $5.37.
View which stocks have been most impacted by COVID-19.

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 twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research 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 MarketBeat's top 5 stock picks.

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 "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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 Thursday, February 4th 2021.
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) issued its quarterly earnings results on Wednesday, October, 28th. The bank reported $0.17 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.16 by $0.01. The bank earned $985.71 million during the quarter. Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México had a net margin of 13.83% and a return on equity of 13.40%.
View Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's earnings history.

What price target have analysts set for BSMX?

5 brokers have issued twelve-month price objectives for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's stock. Their forecasts range from $7.00 to $7.00. On average, they anticipate 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 30.4% 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 Wall Street analyst' top-rated stocks.

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 First Republic Bank (FRC), NatWest Group (RBSPF), NatWest Group (NWG), Skandinaviska Enskilda Banken AB (publ.) (SVKEF), PT Bank Mandiri (Persero) Tbk (PPERY), Swedbank AB (publ) (SWDBY), National Bank of Canada (NTIOF), KB Financial Group (KB), Société Générale Société anonyme (SCGLY), Grupo Financiero Banorte (GBOOY), Erste Group Bank (EBKDY), Credicorp (BAP), Banco Santander-Chile (BSAC), Bancolombia (CIB) and Grupo Aval Acciones y Valores (AVAL).
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).

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. 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
Lic. Fernando Borja Mujica, Deputy Gen. Legal & Compliance Director
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

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.

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 $5.37.

How big of a company is 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 has a market capitalization of $7.29 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 México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México employs 15,857 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.

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 1/16/2021 by MarketBeat.com Staff

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