BSMX News

The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?

BSMX vs. RY: Which Stock Is the Better Value Option?

BCS vs. BSMX: Which Stock Is the Better Value Option?

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (NYSE: BSMX; BMV: BSMX), ("Banco Santander México" or "the Bank"), today announced financial results for the three-month period ending March 31st, 2020.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

- Progress on strategy execution to transform the Bank operationally and digitally. - Loan growth mainly driven by mortgages, credit cards and payroll loans, along with middle-market. - Continue attracting ...

Some participants in Mexico's financial market are under investigation on suspicion of engaging in "absolute monopolistic practices" in the brokerage market for Mexican government debt, the country's antitrust watchdog said on Monday. The Federal Economic Competition Commission (Cofece) said in a brief statement an unspecified number of suspects had been summoned to shed light on what the watchdog described as efforts to manipulate the price of Mexican sovereign debt. "Now they have the right to present their defense," Sergio Lopez, head of the investigative unit of Mexico's Federal Economic Competition Commission (Cofece), told Reuters in an interview.

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (BMV: BSMX; NYSE: BSMX) ("Banco Santander México", the "Bank" or "Santander Mexico"), one of the leading Mexican banks, announced that its Board of Directors, in a meeting held today, among other resolutions, expressed its intention to nominate, the renowned businesswoman Laura Diez Barroso Azcárraga as director and chairman of the Board of Directors to succeed Mr. Marcos Martínez Gavica, whose appointment as chairman of the Board of Directors will expire in April of this year.

The A3 debt rating incorporates Santander México's good and stable asset quality, a robust profitability and improving capitalization. Non-performing loans declined to 2.3% by year-end 2019, a level comparable to the system's, thanks to a decline in delinquencies in the commercial loan book, which represents half of the bank's total credit portfolio.

BSMX vs. RY: Which Stock Is the Better Value Option?

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (NYSE:BSMX; BMV:BSMX) ("Santander México"), one of the leading banks in Mexico, announced today that it will release its fiscal fourth quarter 2019 financial results after market close on Thursday, January 30th, 2020.

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (BMV: BSMX; NYSE: BSMX) ("Banco Santander México" or the "Bank"), one of Mexico's leading banking institutions, provided today an update on the initiatives the Bank is implementing in response to the COVID-19 pandemic and with respect to current Government support programs. The Bank also announced today selected preliminary first quarter results and is withdrawing its 2020 full year guidance given the uncertainty and lack of visibility resulting from the unprecedented COVID-19 pandemic and related disruption to Mexican, regional and global economic activity.

Santander Mexico (BSMX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).

Banco Santander Mexico (BSMX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (NYSE: BSMX; BMV: BSMX) ("Santander México"), one of the leading banks in Mexico, announced today that it will release its fiscal first quarter 2020 financial results after market close on Wednesday, April 29th, 2020.

The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?

A CONFERENCE CALL WILL BE HELD ON NOVEMBER 1st, 2019 AT 10:00 AM ET (8:00 AM MEXICO CITY TIME) MEXICO CITY , Oct. 23, 2019 /PRNewswire/ --  Banco Santander México, S.A., Institución de Banca Múltiple, ...

Let's see if Banco Santander Brasil (BSBR) stock is a good choice for value-oriented investors right now from multiple angles.

MEXICO CITY , Oct. 11, 2019 /PRNewswire/ --  Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (NYSE:BSMX; BMV:BSMX)  ("Santander México"), one of ...

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (NYSE: BSMX; BMV: BSMX), ("Banco Santander México" or "the Bank"), today announced financial results for the three-month and twelve-month periods ending December 31st, 2019.