NYSE:BSMXBanco Santander Mexico Sa Instcn De Stock Price, Forecast & News

$4.16

+0.26 (+6.67 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$4.02

Now: $4.16▼

$4.20

50-Day Range

$2.52

MA: $2.85▼

$3.79

52-Week Range

$2.52

Now: $4.16▼

$8.01

Volume841,238 shs

Average Volume650,415 shs

Market Capitalization$5.65 billion

P/E Ratio5.07

Dividend Yield4.10%

Beta1.48

Banco Santander (México), S.A., Institución de Banca Múltiple, Grupo Financiero Santander México provides various banking products and services in Mexico. The company operates through Retail Banking and Global Corporate 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, government institutions, and corporate and institutional customers. As of December 31, 2017, it operated through a network of 1,375 offices; 7,323 ATMs; and 2,784 contact center positions. The company was formerly known as Banco Santander (México), S.A., Institución de Banca Múltiple, Grupo Financiero Santander and changed its name to Banco Santander (México), S.A., Institución de Banca Múltiple, Grupo Financiero Santander México in September 2012. The company was founded in 1932 and is headquartered in Mexico City, Mexico. Banco Santander (México), S.A., Institución de Banca Múltiple, Grupo Financiero Santander México is a subsidiary of Grupo Financiero Santander México, S.A. de C.V.

Beat the Market (BTM) Rank^™

3.0 Analyst's Opinion

Consensus Rating
Banco Santander Mexico Sa Instcn De has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $7.00, Banco Santander Mexico Sa Instcn De has a potential upside of 68.3% from its current price of $4.16.
Amount of Analyst Coverage
Banco Santander Mexico Sa Instcn De has only been the subject of 3 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
Banco Santander Mexico Sa Instcn De has received 296 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Banco Santander Mexico Sa Instcn De has received 461 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Banco Santander Mexico Sa Instcn De has received 60.90% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Banco Santander Mexico Sa Instcn De 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.

3.3 Dividend Strength

Dividend Leadership
Banco Santander Mexico Sa Instcn De is a leading dividend payer. It pays a dividend yield of 4.10%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Banco Santander Mexico Sa Instcn De has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Banco Santander Mexico Sa Instcn De is 19.51 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Banco Santander Mexico Sa Instcn De will have a dividend payout ratio of 32.65 % next year. This indicates that Banco Santander Mexico Sa Instcn De 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 Mexico Sa Instcn De insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 10.63% of the stock of Banco Santander Mexico Sa Instcn De is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Banco Santander Mexico Sa Instcn De are expected to decrease by -2.00% in the coming year, from $0.50 to $0.49 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Banco Santander Mexico Sa Instcn De is 5.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.43.
Price to Earnings Ratio vs. Sector
The P/E ratio of Banco Santander Mexico Sa Instcn De is 5.07, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.53.
Price to Earnings Growth Ratio
Banco Santander Mexico Sa Instcn De has a PEG Ratio of 6.12. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Banco Santander Mexico Sa Instcn De has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.04 out of 5 stars

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

Debt

Debt-to-Equity Ratio0.83

Current Ratio0.65

Quick Ratio0.65

Price-To-Earnings

Trailing P/E Ratio5.07

Forward P/E Ratio8.32

P/E Growth6.12

Sales & Book Value

Annual Sales$7.35 billion

Price / Sales0.77

Cash Flow$1.12 per share

Price / Cash Flow3.73

Book Value$5.16 per share

Price / Book0.81

Profitability

EPS (Most Recent Fiscal Year)$0.82

Net Income$1.06 billion

Net Margins14.92%

Return on Equity15.62%

Return on Assets1.41%

Miscellaneous

Employees15,857

Outstanding Shares1,357,399,000

Market Cap$5.65 billion

Next Earnings Date7/23/2020 (Estimated)

OptionableOptionable

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Banco Santander Mexico Sa Instcn De (NYSE:BSMX) Frequently Asked Questions

How has Banco Santander Mexico Sa Instcn De's stock been impacted by COVID-19 (Coronavirus)?

Banco Santander Mexico Sa Instcn De's stock was trading at $5.29 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BSMX shares have decreased by 21.4% and is now trading at $4.16. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Banco Santander Mexico Sa Instcn De?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banco Santander Mexico Sa Instcn De in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Banco Santander Mexico Sa Instcn De.

When is Banco Santander Mexico Sa Instcn De's next earnings date?

Banco Santander Mexico Sa Instcn De is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Banco Santander Mexico Sa Instcn De.

How were Banco Santander Mexico Sa Instcn De's earnings last quarter?

Banco Santander Mexico Sa Instcn De (NYSE:BSMX) issued its earnings results on Wednesday, April, 29th. The bank reported $0.20 earnings per share for the quarter, beating analysts' consensus estimates of $0.17 by $0.03. The bank earned $1.12 billion during the quarter. Banco Santander Mexico Sa Instcn De had a return on equity of 15.62% and a net margin of 14.92%. View Banco Santander Mexico Sa Instcn De's earnings history.

How often does Banco Santander Mexico Sa Instcn De pay dividends? What is the dividend yield for Banco Santander Mexico Sa Instcn De?

Banco Santander Mexico Sa Instcn De announced a semi-annual dividend on Friday, December 13th. Investors of record on Thursday, December 26th will be paid a dividend of $0.1855 per share on Friday, January 3rd. This represents a yield of 6.6%. The ex-dividend date of this dividend is Tuesday, December 24th. View Banco Santander Mexico Sa Instcn De's dividend history.

What price target have analysts set for BSMX?

4 analysts have issued 1-year price targets for Banco Santander Mexico Sa Instcn De's stock. Their forecasts range from $7.00 to $7.00. On average, they anticipate Banco Santander Mexico Sa Instcn De's share price to reach $7.00 in the next year. This suggests a possible upside of 68.3% from the stock's current price. View analysts' price targets for Banco Santander Mexico Sa Instcn De.

Has Banco Santander Mexico Sa Instcn De been receiving favorable news coverage?

Media headlines about BSMX stock have trended negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Banco Santander Mexico Sa Instcn De earned a news impact score of -2.8 on InfoTrie's scale. They also assigned news coverage about the bank a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the company's share price in the near term. View the latest news aboutBanco Santander Mexico Sa Instcn De.

Who are some of Banco Santander Mexico Sa Instcn De's key competitors?

Some companies that are related to Banco Santander Mexico Sa Instcn De include First Republic Bank (FRC), Royal Bank of Scotland Group (RBS), Skandinaviska Enskilda Banken (SVKEF), Royal Bank of Scotland Group (RBSPF), National Bank of Canada (NTIOF), Swedbank (SWDBY), Societe Generale (SCGLY), KB Financial Group (KB), Credicorp (BAP), ERSTE GRP BK A/S (EBKDY), GRUPO FINANCIER/ADR (GBOOY), Banco de Chile (BCH), Banco Santander-Chile (BSAC), Bancolombia (CIB) and Woori Financial Group (WF). View all competitors.

What other stocks do shareholders of Banco Santander Mexico Sa Instcn De own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Banco Santander Mexico Sa Instcn De investors own include AT&T (T), Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), Coca-Cola (KO), Altria Group (MO), Verizon Communications (VZ), Exxon Mobil (XOM), Anthem (ANTM), BCE (BCE) and Bristol-Myers Squibb (BMY).

Who are Banco Santander Mexico Sa Instcn De's key executives?

Banco Santander Mexico Sa Instcn De's management team includes the following people:

Mr. Héctor Blas Grisi Checa, CEO, Exec. Pres, Gen. Director & Director (Age 52)
Mr. Didier Mena Campos, CFO & Deputy Director Gen. of Fin.
Mr. Enrique Luis Mondragón Domínguez, Deputy Gen. Director of Technology and Operations
Mr. Pedro José Moreno Cantalejo, VP of the Admin. & Fin. and Exec. Officer
Mr. Fernando Borja Mujica, Deputy Gen. Legal & Compliance Director and Sec. of the Board

What is Banco Santander Mexico Sa Instcn De's stock symbol?

Banco Santander Mexico Sa Instcn De trades on the New York Stock Exchange (NYSE) under the ticker symbol "BSMX."

Who are Banco Santander Mexico Sa Instcn De's major shareholders?

Banco Santander Mexico Sa Instcn De's stock is owned by a number of institutional and retail investors. Top institutional investors include Franklin Resources Inc. (1.24%), Wells Fargo & Company MN (0.57%), M&G Investment Management Ltd. (0.18%), Schroder Investment Management Group (0.16%), Invesco Ltd. (0.15%) and SPX Equities Gestao de Recursos Ltda (0.04%).

Which institutional investors are selling Banco Santander Mexico Sa Instcn De stock?

BSMX stock was sold by a variety of institutional investors in the last quarter, including SPX Equities Gestao de Recursos Ltda, Franklin Resources Inc., Jane Street Group LLC, Morgan Stanley, Guggenheim Capital LLC, and Wellington Management Group LLP.

Which institutional investors are buying Banco Santander Mexico Sa Instcn De stock?

BSMX stock was bought by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Invesco Ltd., M&G Investment Management Ltd., APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., Wells Fargo & Company MN, and Banco BTG Pactual S.A..

How do I buy shares of Banco Santander Mexico Sa Instcn De?

Shares of BSMX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Banco Santander Mexico Sa Instcn De's stock price today?

One share of BSMX stock can currently be purchased for approximately $4.16.

How big of a company is Banco Santander Mexico Sa Instcn De?

Banco Santander Mexico Sa Instcn De has a market capitalization of $5.65 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 Mexico Sa Instcn De employs 15,857 workers across the globe.

What is Banco Santander Mexico Sa Instcn De's official website?

The official website for Banco Santander Mexico Sa Instcn De is www.santander.com.mx.

How can I contact Banco Santander Mexico Sa Instcn De?

Banco Santander Mexico Sa Instcn De'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 6/6/2020 by MarketBeat.com Staff