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NYSE:BSMX

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

$6.32
+0.12 (+1.94%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$6.12
$6.40
50-Day Range
$5.80
$6.40
52-Week Range
$4.52
$6.41
Volume
36,319 shs
Average Volume
61,018 shs
Market Capitalization
$8.58 billion
P/E Ratio
6.87
Dividend Yield
8.62%
Price Target
$6.00

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

Analyst Rating
Hold
1.50 Rating Score
Upside/​Downside
5.1% Downside
$6.00 Price Target
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.75mentions of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.26%
From $0.94 to $0.98 Per Share

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 stars

Finance Sector

666th out of 865 stocks

Commercial Banks, Not Elsewhere Classified Industry

25th out of 31 stocks

BSMX stock logo

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

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.

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BSMX Stock News Headlines

“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Santander Buys Mexico Unit Stake for $2.5B
“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Banco Santander, S.A. (SAN.MC)
BSMX or NRDBY: Which Is the Better Value Stock Right Now?
Best Income Stocks to Buy for August 15th
Upcoming Dividend Run For BSMX?
See More Headlines
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BSMX Company Calendar

Last Earnings
4/28/2021
Today
2/03/2023
Next Earnings (Estimated)
4/27/2023
Fiscal Year End
12/31/2023

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
$6.00
High Stock Price Forecast
$6.00
Low Stock Price Forecast
$6.00
Forecasted Upside/Downside
-5.1%
Consensus Rating
Hold
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

Net Income
$1.03 billion
Pretax Margin
25.30%

Debt

Sales & Book Value

Annual Sales
$6.33 billion
Cash Flow
$0.88 per share
Book Value
$5.94 per share

Miscellaneous

Outstanding Shares
1,357,400,000
Free Float
1,356,313,000
Market Cap
$8.58 billion
Optionable
Optionable
Beta
1.11

Key Executives

  • Felipe García Ascencio
    Chief Executive Officer
  • Oscar Hernando Moliner
    Executive Director-Operations & Processes
  • Didier Mena Campos
    Director, Vice President-Administration & Finance
  • Rodrigo Brand de Lara
    Deputy General Director-Research & Public Affairs
  • Fernando Borja Mujica
    Secretary & Deputy General-Legal













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