BSMX: Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México - Summary | Jitta

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

NYSE:BSMX

Price
$5.80
Loss Chance
44.6%
5.41JITTA SCORE
3.49%Over Jitta Line
Jitta Ranking
64 / 319
92 / 728
388 / 5,063
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (50)
Recent Business Performance (83)
Financial Strength (81)
Return to Shareholders (67)
Competitive Advantage (58)
Jitta Signs
CapExVery Low
Total DepositConsistent
Loan to DepositHigh Efficiency
Net Interest MarginHigh Efficiency
Revenue and EarningEarning decline from 2018-2021
Operating MarginDeclined
Recent Business PerformanceEarning decline 11.74% in the last year
SG&A to SalesIncreasing
Key Stats
Jitta Score
Jitta Line
5.41
3.49%
6.15
104.67%
5.16
253.91%
Diversified Banks
3.98
55.86%
4.60
61.94%
5.97
22.62%
COMPANY DESCRIPTION
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 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, 2021, it operated through a network of 1,346 offices; 9,498 ATMs; and 2,540 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 incorporated 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.