Banco Santander Mexico SA ADR (NYSE:BSMX)

North American company
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Company Info - BSMX

  • Market Cap$4.881bn
  • SymbolNYSE:BSMX
  • IndustryFinancial Services
  • Sector-
  • Currency
  • ISINUS05969B1035

Company Profile

Banco Santander Mexico SA is the fourth- largest bank by assets in Mexico. The bank's history dates back to its parent in one of the largest IPOs in Mexico's history but remains 75% owned by Santander Group. The bank has more than 1,400 branches and employs more than 17,000 people. Santander Mexico provides traditional banking services to corporate and consumer clients. Roughly 60% of the bank's loan portfolio is commercial loans while the remaining 40% is split between mortgage and consumer loans.Banco Santander Mexico SA is a financial services holding company. It provides financial and related services including retail and commercial banking, securities underwriting and brokerage and custody services, and asset management.

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