This company has been acquired
Banco Santander México Institución de Banca Múltiple Grupo Financiero Santander México Balance Sheet Health
Financial Health criteria checks 5/6
Banco Santander México Institución de Banca Múltiple Grupo Financiero Santander México has total assets of MX$1,995.1B and total equity of MX$174.2B. Total deposits are MX$902.0B, and total loans are MX$790.0B. It earns a Net Interest Margin of 5.1%. It has sufficient allowance for bad loans, which are currently at 2% of total loans. Cash and short-term investments are MX$674.7B.
Key information
11.5x
Asset to equity ratio
5.1%
Net interest margin
| Total deposits | Mex$901.96b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 2.0% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | Mex$674.68b |
Recent financial health updates
Recent updates
Banco Santander México GAAP EPS of Ps.0.93, revenue of Ps.25.06B
Feb 03Banco Santander México GAAP EPS of Ps.1.21, revenue of Ps.23.64B
Oct 27Banco Santander México goes ex-dividend tomorrow
Jul 28Banco Santander México reports Q1 results
Apr 28Banco Santander México reports Q4 results
Feb 03Banco Santander México, S.A. 2020 Q3 - Results - Earnings Call Presentation
Oct 30Banco Santander México reports Q3 results
Oct 29Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: BSMX's Assets to Equity ratio (11.5x) is moderate.
Allowance for Bad Loans: BSMX has a sufficient allowance for bad loans (146%).
Low Risk Liabilities: 50% of BSMX's liabilities are made up of primarily higher risk sources of funding.
Loan Level: BSMX has an appropriate level of Loans to Assets ratio (40%).
Low Risk Deposits: BSMX's Loans to Deposits ratio (88%) is appropriate.
Level of Bad Loans: BSMX has an appropriate level of bad loans (2%).