
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México Income Statement 2022-2011 | BSMX
Brief overview of financial results at Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México
This overview is based on financial performance over the past five years. Revenue reported by Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México was 43.8 billion MXN at the beginning of the period and 67.2 billion MXN at the end. The total change was +53.5%, with a CAGR of approximately 9%. The direction is positive, but the growth rate is not particularly high.
Over the period, net income shifted from 14.1 billion MXN to 19 billion MXN (+34.9%). Profit changed without establishing a distinct trend.
The five-year change in capitalization reached −22.9%: from 40.5 billion MXN to 31.2 billion MXN. Financial performance is stronger than the share-price trend.
What the figures show
Positive developments coexist with areas of weakness. The constructive conclusion rests on net-income growth and revenue expansion. The main areas of concern are a weaker market valuation. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.
Annual Income Statement 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
37 B | 37.9 B | 31.2 B | 41.2 B | 41.2 B | 40.4 B | 39.4 B | 40.5 B | - | - | - | - |
Shares |
6.78 B | 6.78 B | 6.78 B | 6.78 B | 6.78 B | 6.78 B | 6.78 B | 6.78 B | - | - | - | - |
Historical Prices |
5.46 | 5.59 | 4.61 | 6.09 | 6.08 | 5.96 | 5.82 | 5.98 | 7.96 | 7.45 | 9.91 | - |
Net Income |
24.1 B | 20.8 B | 19 B | 20.4 B | 19.4 B | 18.7 B | 16.5 B | 14.1 B | 13.3 B | 14.3 B | 17.4 B | 18.7 B |
Revenue |
- | - | 67.2 B | 68 B | 80.2 B | 55.9 B | 51 B | 43.8 B | 40.7 B | 37.6 B | 38.8 B | 41 B |
Operating Income |
91.3 B | 82.4 B | 85.7 B | 82.1 B | 75.8 B | 71.3 B | 64.1 B | 56.7 B | - | - | - | - |
Interest Expense |
63.9 B | 39.7 B | 50.2 B | 58.1 B | 51.6 B | 42.2 B | 28.3 B | 21.2 B | - | - | - | - |
EBITDA |
91.3 B | 82.4 B | 85.7 B | 82.1 B | 75.8 B | 71.3 B | 64.1 B | 56.7 B | 19 B | 23.4 B | 23.1 B | - |
Operating Expenses |
- | - | - | 4.87 B | 5.34 B | 3.74 B | 2.91 B | 2.78 B | 4.23 B | 3.87 B | 4.09 B | - |
General and Administrative Expenses |
- | - | 11.4 B | 10.7 B | 10.4 B | 7.98 B | 6.96 B | 6.12 B | 6.19 B | 5.74 B | 8.52 B | 18.1 B |
All numbers in MXN currency
Quarterly Income Statement 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
6.78 B | - | - | - | 6.78 B | - | - | - | 6.78 B | - | - | - | 6.78 B | - | - | - | 6.78 B | - | - | - | 6.78 B | - | - | - | 6.78 B | - | - | - | 6.78 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income |
24.1 B | - | - | - | 20.8 B | - | - | - | 19 B | - | - | - | 20.4 B | - | - | - | 19.4 B | - | - | - | 18.7 B | - | - | - | 16.5 B | - | - | - | 14.1 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
91.3 B | - | - | - | 82.4 B | - | - | - | 85.7 B | - | - | - | 82.1 B | - | - | - | 75.8 B | - | - | - | 71.3 B | - | - | - | 64.1 B | - | - | - | 56.7 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
63.9 B | - | - | - | 39.7 B | - | - | - | 50.2 B | - | - | - | 58.1 B | - | - | - | 51.6 B | - | - | - | 42.2 B | - | - | - | 28.3 B | - | - | - | 21.2 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
91.3 B | - | - | - | 82.4 B | - | - | - | 85.7 B | - | - | - | 82.1 B | - | - | - | 75.8 B | - | - | - | 71.3 B | - | - | - | 64.1 B | - | - | - | 56.7 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in MXN currency
The income statement is one of the three key financial reports of a company Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.