MarketCapExport financials
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (BSMX)
The export includes the complete available history of financial statements and ratios. Numbers are provided in full, without million or billion abbreviations, in their original reporting units.
CSV downloads as a ZIP archive with one file for each report and frequency.
Facebook
X
Telegram
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México Balance Sheet 2022-2011 | BSMX
Brief overview of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's balance sheet structure
The comparison uses five available annual reports from the 2018–2022 interval.
The balance sheet expanded from 1.4 trillion MXN to 1.8 trillion MXN. Growth of +28.7% and CAGR of 6.5% look measured and sustainable.
Asset growth of +28.7% was close to the +28.4% change in liabilities, leaving the funding profile broadly stable.
A liability-heavy structure is normal for a financial institution; equity represents 9% of assets, from 8.8% initially.
Overall picture
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México's financial position is more positive than negative: the funding mix is workable, although the cushion is not unlimited.
Annual Balance Sheet Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Debt |
-65.8 B | -57.4 B | -64.9 B | -59.3 B | - | 64 B | 36.5 B | 37.8 B | 51.9 B | 43 B | 31.3 B | -84.9 B |
Long Term Debt |
5.26 B | 4.21 B | 5.16 B | 4.54 B | - | 122 B | 115 B | 97.6 B | 73.2 B | 69.9 B | 54.7 B | - |
Long Term Debt Current |
1.7 B | 1.51 B | 975 M | 1.37 B | - | - | - | - | - | - | - | - |
Total Liabilities |
1.65 T | 1.51 T | 1.68 T | 1.33 T | 1.29 T | 1.21 T | 1.25 T | 1.07 T | 848 B | 765 B | 692 B | 651 B |
Deferred Revenue |
- | - | - | - | - | - | - | - | - | 773 M | 1.04 B | - |
Retained Earnings |
- | - | 19 B | 20.4 B | 19.4 B | 18.7 B | 16.5 B | 14 B | 13.3 B | 14.3 B | 17.4 B | 20.3 B |
Total Assets |
1.81 T | 1.68 T | 1.84 T | 1.47 T | 1.41 T | 1.33 T | 1.35 T | 1.18 T | 950 B | 858 B | 793 B | 739 B |
Cash and Cash Equivalents |
72.8 B | 63.1 B | 71.1 B | 65.2 B | 55.3 B | 57.7 B | 78.7 B | 59.8 B | - | - | - | - |
Book Value |
163 B | 164 B | 154 B | 135 B | 123 B | 115 B | 105 B | 108 B | 102 B | 92.5 B | 101 B | 88.5 B |
Total Shareholders Equity |
163 B | 164 B | 154 B | 135 B | 123 B | 115 B | 105 B | 108 B | - | - | - | - |
Annual performance
Select metrics to display
All numbers in MXN currency
Quarterly Balance Sheet Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México
| 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long Term Debt |
5.26 B | - | - | - | 4.21 B | - | - | - | 5.16 B | - | - | - | 4.54 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Liabilities |
1.65 T | - | - | - | 1.51 T | - | - | - | 1.68 T | - | - | - | 1.33 T | - | - | - | 1.29 T | - | - | - | 1.21 T | - | - | - | 1.25 T | - | - | - | 1.07 T | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Assets |
1.81 T | - | - | - | 1.68 T | - | - | - | 1.84 T | - | - | - | 1.47 T | - | - | - | 1.41 T | - | - | - | 1.33 T | - | - | - | 1.35 T | - | - | - | 1.18 T | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cash and Cash Equivalents |
72.8 B | - | - | - | 63.1 B | - | - | - | 71.1 B | - | - | - | 65.2 B | - | - | - | 55.3 B | - | - | - | 57.7 B | - | - | - | 78.7 B | - | - | - | 59.8 B | - | - | - | 51.8 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Book Value |
163 B | - | - | - | 164 B | - | - | - | 154 B | - | - | - | 135 B | - | - | - | 123 B | - | - | - | 115 B | - | - | - | 105 B | - | - | - | 108 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Shareholders Equity |
163 B | - | - | - | 164 B | - | - | - | 154 B | - | - | - | 135 B | - | - | - | 123 B | - | - | - | 115 B | - | - | - | 105 B | - | - | - | 108 B | - | - | - | 100 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Quarterly performance
Select metrics to display
All numbers in MXN currency
Balance Sheet is a fundamental financial report of Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.
For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.
Features of balance sheet analysis- Vertical and horizontal analysis
Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods. - Asset quality
It is important to evaluate not only the amount of assets but also their liquidity and realizability. - Accounting for off-balance sheet liabilities
Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.
USA
Colombia
Germany
South-korea
Japan
