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Banco Santander Mexico SA: Overview

Banco Santander Mexico SA (Santander Mexico) is a subsidiary of Grupo Financiero Santander Mexico, S.A.B. de C.V., is a provider of financial services. The company offers people, private banking, select, premier and university student’s services. Santander Mexico provides credit card, personal credit, mortgage credit, payroll, santander plus, insurance, investment and payments services. It offers insurance products such as auto, life, fraud, health, home, unemployment, and accident insurance. The company offers its products and services to various customers including individuals, businesses, institutions, corporations, government entities and universities. Santander Mexico is headquartered in Mexico City, Mexico.

Headquarters Mexico

Address Colonia Lomas De Santa Fe, Alvaro Obregon, 01219


Telephone 52 55 52578000

No of Employees 25,627

Industry Financial Services

Ticker Symbol & Exchange BSMXB (MXK)

Revenue (2021) $6.6B -8.7% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX -10.3% (2021 vs 2020)

Market Cap* $8.2B

Net Profit Margin (2021) XXX -1.8% (2021 vs 2020)

* As of and is in US$

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Products and Services

Products Services
Credit Cards Payment Services
Personal Credit Tax Payment Services
Payroll Loans Financial Advisory Services
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XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2021 Others In October, the company’s Autocompara de Santander announced to offer multi-year auto credit insurance, with the benefit of being able to compare and contract it online, with a fixed premium during the contracting period.
2021 Divestiture In June, the company closed the sale of all its payment contracts in stores (physical and online) to Getnet Mexico.
2020 New Products/Services In March, the company launched a numberless credit card for its customers in Mexico.
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Competitor Comparison

Key Parameters Banco Santander Mexico SA Grupo Financiero BBVA Mexico SA de CV Grupo Financiero Banorte SAB de CV Banco Nacional de Mexico SA Grupo Financiero Inbursa SAB de CV
Headquarters Mexico Mexico Mexico Mexico Mexico
City Alvaro Obregon Mexico City Mexico, D.F. Mexico City Miguel Hidalgo
State/Province - Mexico City - Mexico City -
No. of Employees 25,627 224,586 30,667 - 9,330
Entity Type Public Private Public Private Public
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Executives
Name Position Board Since Age
Gina Lorenza Diez Barroso Azcarraga Chairman Executive Board 2020 -
Hector Blas Grisi Checa President; Director; Chief Executive Officer Executive Board 2016 -
Didier Mena Campos Chief Financial Officer; Director Executive Board 2018 -
Rodrigo Brand de Lara Chief - Staff; Deputy General Director-Research, Strategy and Public Affairs; Director Executive Board 2012 -
Emilio de Eusebio Saiz Director; Deputy General Director-Intervention and Control Management Executive Board 2019 -
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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