NYSE:BSMX Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México - BSMX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México Please log in to your account or sign up in order to add this asset to your watchlist. $6.32 +0.12 (+1.94%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$6.12▼$6.4050-Day Range$5.80▼$6.4052-Week Range$4.52▼$6.41Volume36,319 shsAverage Volume61,018 shsMarket Capitalization$8.58 billionP/E Ratio6.87Dividend Yield8.62%Price Target$6.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México MarketRank™ ForecastAnalyst RatingHold1.50 Rating ScoreUpside/Downside5.1% Downside$6.00 Price TargetShort InterestHealthy0.00% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.75Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth4.26%From $0.94 to $0.98 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.16 out of 5 starsFinance Sector666th out of 865 stocksCommercial Banks, Not Elsewhere Classified Industry25th out of 31 stocks 0.8 Analyst's Opinion Consensus RatingBanco 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 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.00, Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has a forecasted downside of 5.1% from its current price of $6.32.Amount of Analyst CoverageBanco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.00% of the outstanding shares of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México have been sold short.Short Interest Ratio / Days to CoverBanco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has recently decreased by 10.24%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipBanco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México is a leading dividend payer. It pays a dividend yield of 8.62%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBanco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México is 59.78%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México will have a dividend payout ratio of 56.12% 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. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BSMX. Previous Next 2.6 News and Social Media Coverage News SentimentBanco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México this week, compared to 1 article on an average week.MarketBeat FollowsOnly 2 people have added Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn 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 InsidersOnly 0.08% of the stock of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México is held by insiders.Percentage Held by InstitutionsOnly 10.91% of the stock of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México are expected to grow by 4.26% in the coming year, from $0.94 to $0.98 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México is 6.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México is 6.87, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 183.27.Price to Earnings Growth RatioBanco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has a PEG Ratio of 0.44. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioBanco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (NYSE:BSMX) StockBanco 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.Read More Receive BSMX Stock 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. Email Address BSMX Stock News HeadlinesFebruary 3, 2023 | finanznachrichten.deBanco Santander México, S.A.: Banco Santander México Reports Fourth Quarter 2022 Net Income of Ps.6,277 MillionFebruary 2, 2023 | finance.yahoo.comBanco Santander México Reports Fourth Quarter 2022 Net Income of Ps.6,277 MillionFebruary 3, 2023 | Wall Street Watch Dogs (Ad)“Future Fuel” will unleash $11 trillion wave of wealthThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…February 1, 2023 | americanbankingnews.comBanco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (BSMX) Set to Announce Earnings on ThursdayJanuary 18, 2023 | finance.yahoo.comBANCO SANTANDER MÉXICO WILL REPORT 4Q22 RESULTS AFTER MARKET CLOSE ON FEBRUARY 2, 2023January 13, 2023 | thestreet.comSantander Buys Mexico Unit Stake for $2.5BDecember 21, 2022 | finance.yahoo.comStrength Seen in Western New England Bancorp (WNEB): Can Its 6.3% Jump Turn into More Strength?November 10, 2022 | finance.yahoo.comAre Finance Stocks Lagging Grupo Financiero Santander Mexico (BSMX) This Year?February 3, 2023 | Wall Street Watch Dogs (Ad)“Future Fuel” will unleash $11 trillion wave of wealthThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…October 31, 2022 | uk.finance.yahoo.comBanco Santander, S.A. (SAN.MC)October 27, 2022 | finance.yahoo.comBSMX or NRDBY: Which Is the Better Value Stock Right Now?October 25, 2022 | finance.yahoo.comIs Grupo Financiero Santander Mexico (BSMX) Stock Outpacing Its Finance Peers This Year?October 25, 2022 | seekingalpha.comBSMX Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander MéxicoOctober 24, 2022 | finance.yahoo.comAll You Need to Know About Santander Mexico (BSMX) Rating Upgrade to Strong BuyOctober 12, 2022 | investing.comCI Banco SA Institucion de Banca Multiple FF/00939 (TERRA13)September 5, 2022 | uk.finance.yahoo.comBanco Santander (México), S.A., Institución de Banca Múltiple, Grupo Financiero Santander (BSMX)August 15, 2022 | finance.yahoo.comWall Street Analysts Predict a 27% Upside in Santander Mexico (BSMX): Here's What You Should KnowAugust 15, 2022 | finance.yahoo.comBest Income Stocks to Buy for August 15thJuly 30, 2022 | seekingalpha.comBanco Santander México GAAP EPS of Ps.1.02, revenue of Ps.22.56BJuly 28, 2022 | finance.yahoo.comBanco Santander México Reports Second Quarter 2022 Net Income of Ps.6,900 MillionJuly 21, 2022 | finance.yahoo.comBANCO SANTANDER MÉXICO ANNOUNCES STRUCTURAL CHANGES IN ITS CEO POSITION AND SENIOR MANAGEMENTJuly 18, 2022 | finance.yahoo.comBANCO SANTANDER MÉXICO WILL REPORT 2Q22 RESULTS AFTER MARKET CLOSE ON JULY 28, 2022June 16, 2022 | finance.yahoo.comHow Much Upside is Left in Santander Mexico (BSMX)? Wall Street Analysts Think 25%June 9, 2022 | nasdaq.comUpcoming Dividend Run For BSMX?May 20, 2022 | es.investing.comGrupo Financiero Santander Mexico SAB De CV Series B ADR (BSMX)May 20, 2022 | finance.yahoo.comBSMX vs. CM: Which Stock Should Value Investors Buy Now?April 29, 2022 | finance.yahoo.comSantander Mexico says Citibanamex is attractive opportunity, asks if best way to increase exposureSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive BSMX Stock 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. Email Address BSMX Company Calendar Last Earnings4/28/2021Today2/03/2023Next Earnings (Estimated)4/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Commercial banks, not elsewhere classified Sub-IndustryN/A SectorFinance Current SymbolNYSE:BSMX CUSIPN/A CIK1551975 Webwww.santander.com.mx Phone525552578000Fax52-55-5269-2701Employees23,974Year FoundedN/APrice Target and Rating Average Stock Price Forecast$6.00 High Stock Price Forecast$6.00 Low Stock Price Forecast$6.00 Forecasted Upside/Downside-5.1%Consensus RatingHold Rating Score (0-4)1.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.92 Trailing P/E Ratio6.87 Forward P/E Ratio6.72 P/E Growth0.44Net Income$1.03 billion Net Margins17.63% Pretax Margin25.30% Return on Equity15.63% Return on Assets1.43% Debt Debt-to-Equity Ratio0.91 Current Ratio1.32 Quick Ratio1.32 Sales & Book Value Annual Sales$6.33 billion Price / Sales1.35 Cash Flow$0.88 per share Price / Cash Flow7.17 Book Value$5.94 per share Price / Book1.06Miscellaneous Outstanding Shares1,357,400,000Free Float1,356,313,000Market Cap$8.58 billion OptionableOptionable Beta1.11 Key ExecutivesFelipe García AscencioChief Executive OfficerOscar Hernando MolinerExecutive Director-Operations & ProcessesDidier Mena CamposDirector, Vice President-Administration & FinanceRodrigo Brand de LaraDeputy General Director-Research & Public AffairsFernando Borja MujicaSecretary & Deputy General-LegalKey CompetitorsWoori Financial GroupNYSE:WFBanco Santander-ChileNYSE:BSACBancolombiaNYSE:CIBCredicorpNYSE:BAPBanco de ChileNYSE:BCHView All CompetitorsInsiders & InstitutionsPhiladelphia Financial Management of San Francisco LLCBought 292,158 shares on 11/15/2022Ownership: 0.058%Citadel Advisors LLCBought 86,100 shares on 11/15/2022Ownership: 0.000%Macquarie Group Ltd.Sold 47,373 shares on 11/14/2022Ownership: 0.767%Envestnet Asset Management Inc.Sold 21,526 shares on 11/10/2022Ownership: 0.003%View All Institutional Transactions 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? 2 Wall Street equities 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 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street equities research 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 2023? 2 brokers have issued 12 month price objectives 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 $6.00. On average, they expect the company's share price to reach $6.00 in the next year. This suggests that the stock has a possible downside of 4.8%. View analysts price targets for BSMX or view top-rated stocks among Wall Street analysts. How have BSMX shares performed in 2023? Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's stock was trading at $6.03 at the beginning of 2023. Since then, BSMX stock has increased by 4.5% and is now trading at $6.30. View the best growth stocks for 2023 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 decline in short interest in December. As of December 30th, there was short interest totaling 16,600 shares, a decline of 47.0% from the December 15th total of 31,300 shares. Based on an average daily volume of 53,900 shares, the days-to-cover ratio is currently 0.3 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, April 27th 2023. View our BSMX earnings forecast. 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 Friday, February 3rd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13735674". 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 data on Wednesday, April, 28th. The bank reported $0.12 earnings per share for the quarter, missing analysts' consensus estimates of $0.17 by $0.05. The bank had revenue of $1.04 billion for the quarter. Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México had a net margin of 17.63% and a trailing twelve-month return on equity of 15.63%. Read the conference call transcript. 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 $0.55 per share and currently has a dividend yield of 8.62%. BSMX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 59.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BSMX will have a dividend payout ratio of 56.12% next year. This indicates that the company will be able to sustain or increase its 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 a variety of retail and institutional investors. Top institutional investors include 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 $6.30. 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 $8.55 billion and generates $6.33 billion in revenue each year. The bank earns $1.03 billion in net income (profit) each year or $0.92 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 2/3/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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