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Mexican (IPC) Banks Industry Analysis

UpdatedSep 29, 2025
DataAggregated Company Financials
Companies6
  • 7D-0.6%
  • 3M3.2%
  • 1Y12.4%
  • YTD19.7%

In the last week, Banks has been flat. As for the the longer term, the industry is up 12% over the past 12 months. Earnings are forecast to grow by 5.5% annually.

Industry Valuation and Performance

Has the Mexican Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 30 Sep 2025Mex$1.1tMex$343.2bMex$107.7b8.2x10.3x3.2x
Thu, 28 Aug 2025Mex$1.1tMex$343.2bMex$107.7b7.7x9.8x3.1x
Sat, 26 Jul 2025Mex$1.1tMex$340.0bMex$104.4b7.6x10.5x3.2x
Mon, 23 Jun 2025Mex$1.1tMex$339.0bMex$105.4b8.1x10.1x3.2x
Wed, 21 May 2025Mex$1.1tMex$339.0bMex$105.4b8.1x10.3x3.2x
Fri, 18 Apr 2025Mex$985.9bMex$327.9bMex$102.7b7x9.6x3x
Sun, 16 Mar 2025Mex$981.4bMex$328.0bMex$102.7b7x9.6x3x
Tue, 11 Feb 2025Mex$972.9bMex$320.2bMex$115.1b7.4x8.4x3x
Thu, 09 Jan 2025Mex$948.5bMex$320.1bMex$115.9b7.2x8.2x3x
Sat, 07 Dec 2024Mex$960.4bMex$320.1bMex$115.9b7.3x8.3x3x
Mon, 04 Nov 2024Mex$880.5bMex$223.7bMex$114.6b6.9x7.7x3.9x
Wed, 02 Oct 2024Mex$1.1tMex$310.0bMex$113.0b7.3x9.6x3.5x
Fri, 30 Aug 2024Mex$1.1tMex$310.0bMex$113.0b7.2x9.6x3.5x
Sun, 28 Jul 2024Mex$1.1tMex$310.0bMex$113.0b7.5x9.8x3.6x
Tue, 25 Jun 2024Mex$1.2tMex$299.7bMex$113.9b8x10.1x3.9x
Thu, 23 May 2024Mex$1.3tMex$299.9bMex$108.3b9x11.5x4.2x
Sat, 20 Apr 2024Mex$1.2tMex$300.0bMex$107.3b9.2x10.9x3.9x
Mon, 18 Mar 2024Mex$1.3tMex$302.6bMex$106.8b9.5x12x4.2x
Wed, 14 Feb 2024Mex$1.2tMex$294.7bMex$106.8b10x11.7x4.2x
Fri, 12 Jan 2024Mex$1.4tMex$380.2bMex$132.7b8.9x10.6x3.7x
Sun, 10 Dec 2023Mex$1.4tMex$380.2bMex$132.7b8.4x10.5x3.6x
Tue, 07 Nov 2023Mex$1.2tMex$371.6bMex$130.4b8x9.3x3.3x
Thu, 05 Oct 2023Mex$1.1tMex$362.8bMex$123.8b7.7x9.2x3.2x
Sat, 02 Sep 2023Mex$1.2tMex$362.8bMex$123.8b8x9.4x3.2x
Mon, 31 Jul 2023Mex$1.2tMex$362.8bMex$123.8b8.6x10x3.4x
Wed, 28 Jun 2023Mex$1.2tMex$352.1bMex$113.3b7.4x10.2x3.3x
Fri, 26 May 2023Mex$1.2tMex$352.1bMex$113.3b8.1x10.5x3.4x
Sun, 23 Apr 2023Mex$1.2tMex$338.5bMex$100.5b8.8x11.9x3.5x
Tue, 21 Mar 2023Mex$1.1tMex$338.5bMex$100.5b8.8x11.1x3.3x
Thu, 16 Feb 2023Mex$1.2tMex$341.1bMex$103.4b10.1x11.8x3.6x
Sat, 14 Jan 2023Mex$1.2tMex$330.5bMex$96.3b10.2x12.4x3.6x
Mon, 12 Dec 2022Mex$1.1tMex$330.5bMex$96.3b9.6x11.8x3.4x
Wed, 09 Nov 2022Mex$1.2tMex$330.5bMex$96.3b9.9x12.4x3.6x
Fri, 07 Oct 2022Mex$1.1tMex$317.3bMex$92.7b9.6x11.8x3.4x
Price to Earnings Ratio

11.8x


Total Market Cap: Mex$1.1tTotal Earnings: Mex$92.7bTotal Revenue: Mex$317.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Banks Industry Price to Earnings3Y Average 10.3x202320242025
Current Industry PE
  • Investors are relatively neutral on the Mexican Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 10.3x.
  • The industry is trading close to its 3-year average PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 5.1% per year over the last three years.
  • Revenues for these companies have grown 2.7% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Mexican Financials industry?

MX Market2.07%
Financials-0.57%
Banks-0.60%
Regional Banks0.62%
Diversified Banks-0.82%
Industry PE
  • Investors are most optimistic about the Regional Banks industry, which is trading close to its 3-year average PE ratio of 12.9x.
    • Analysts are expecting annual earnings growth of 4.7%, which is lower than the prior year's growth of 90.4% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 10.1x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 5.5% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Regional Banks industry is expected to see its earnings grow by 4.7% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
No data available

Latest News

BBAJIO O
Mex$45.56
Banco del Bajío Institución de Banca Múltiple
7D
-3.0%
1Y
-1.0%
GFNORTE O
Mex$180.92
Grupo Financiero Banorte. de
7D
-1.3%
1Y
29.7%
R A
Mex$157.18
Regional. de
7D
-0.4%
1Y
37.5%
ELEKTRA *
Mex$373.10
Grupo Elektra. de
7D
-0.3%
1Y
n/a
GFINBUR O
Mex$50.66
Grupo Financiero Inbursa. de
7D
-2.9%
1Y
13.6%