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Banco Santander México Institución de Banca Múltiple Grupo Financiero Santander México Past Earnings Performance
Past criteria checks 2/6
Banco Santander México Institución de Banca Múltiple Grupo Financiero Santander México has been growing earnings at an average annual rate of 5.8%, while the Banks industry saw earnings growing at 8.3% annually. Revenues have been growing at an average rate of 4.9% per year. Banco Santander México Institución de Banca Múltiple Grupo Financiero Santander México's return on equity is 15.3%, and it has net margins of 33.5%.
Key information
5.8%
Earnings growth rate
17.9%
EPS growth rate
| Banks Industry Growth | 10.4% |
| Revenue growth rate | 4.9% |
| Return on equity | 15.3% |
| Net Margin | 33.5% |
| Last Earnings Update | 31 Mar 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Banco Santander México Institución de Banca Múltiple Grupo Financiero Santander México makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 23 | 79,579 | 26,623 | 38,603 | 0 |
| 31 Dec 22 | 75,244 | 24,108 | 37,685 | 0 |
| 30 Sep 22 | 74,843 | 28,165 | 36,645 | 0 |
| 30 Jun 22 | 69,333 | 24,820 | 36,024 | 0 |
| 31 Mar 22 | 65,743 | 22,633 | 34,893 | 0 |
| 31 Dec 21 | 63,268 | 20,801 | 34,427 | 0 |
| 30 Sep 21 | 66,189 | 18,315 | 39,405 | 0 |
| 30 Jun 21 | 66,543 | 18,502 | 39,090 | 0 |
| 31 Mar 21 | 65,822 | 18,019 | 38,737 | 0 |
| 31 Dec 20 | 62,052 | 18,974 | 32,783 | 0 |
| 30 Sep 20 | 66,404 | 19,590 | 35,850 | 0 |
| 30 Jun 20 | 66,424 | 20,077 | 34,713 | 0 |
| 31 Mar 20 | 68,250 | 21,455 | 33,501 | 0 |
| 31 Dec 19 | 67,473 | 21,332 | 33,217 | 0 |
| 30 Sep 19 | 65,480 | 21,006 | 28,747 | 0 |
| 30 Jun 19 | 63,928 | 20,585 | 28,480 | 0 |
| 31 Mar 19 | 62,660 | 20,148 | 28,508 | 0 |
| 31 Dec 18 | 60,575 | 19,584 | 27,695 | 0 |
| 30 Sep 18 | 58,715 | 19,475 | 27,107 | 0 |
| 30 Jun 18 | 56,263 | 18,457 | 26,205 | 0 |
| 31 Mar 18 | 54,095 | 17,897 | 25,431 | 0 |
| 31 Dec 17 | 52,884 | 17,645 | 24,573 | 0 |
| 30 Sep 17 | 53,177 | 17,757 | 23,578 | 0 |
| 30 Jun 17 | 52,095 | 17,585 | 23,265 | 0 |
| 31 Mar 17 | 50,396 | 16,740 | 22,170 | 0 |
| 31 Dec 16 | 48,644 | 15,750 | 21,479 | 0 |
| 30 Sep 16 | 46,991 | 15,393 | 20,787 | 0 |
| 30 Jun 16 | 45,333 | 14,962 | 20,174 | 0 |
Quality Earnings: BSMX B has a high level of non-cash earnings.
Growing Profit Margin: BSMX B's current net profit margins (33.5%) are lower than last year (34.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BSMX B's earnings have grown by 5.8% per year over the past 5 years.
Accelerating Growth: BSMX B's earnings growth over the past year (17.6%) exceeds its 5-year average (5.8% per year).
Earnings vs Industry: BSMX B earnings growth over the past year (17.6%) did not outperform the Banks industry 27.8%.
Return on Equity
High ROE: BSMX B's Return on Equity (15.3%) is considered low.