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Private company

Banco Santander Mexico S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico

Commercial banks company1

In its 2023 annual report (Form 20-F) the company says: “We are the second-largest bank in México based on total assets, the third-largest based on total loans and net profit and the fourth-largest based on deposits, as of December 31, 2022, in each case as determined in accordance with Mexican Banking GAAP, according to information published by the CNBV. Our agent for service of process is Banco Santander, S.A., New York Branch, Attn.: James H. Bathon, Chief Legal Officer, 45 E. 53rd Street New York, New York 10022.”10

Last updated Oct 21, 2026.

Overview

24.1BNet income, fiscal 20222
  • IndustryCommercial Banks, NEC1
  • HeadquartersO51
  • Incorporated inMexico3
  • Business addressProlongacion Paseo De La Reforma No. 500, Piso 2, Modulo 206, Mexico, O5 000003
  • Filer categoryLarge accelerated filer3

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

14.7%Return on equity2
$44.5BFree cash flow2

Financial statements

Operating income456782$91.3B in 2022+61% since 2015
0$25.0B$50.0B$75.0B$100.0B2015: $56.7B$56.7B20152016: $64.1B$64.1B2016+13%2017: $71.3B$71.3B2017+11%2018: $75.8B$75.8B2018+6%2019: $82.1B$82.1B2019+8%2020: $85.7B$85.7B2020+4%2021: $82.4B$82.4B2021−4%2022: $91.3B$91.3B2022+11%
Net income456782$24.1B in 2022+71% since 2015
0$10.0B$20.0B$30.0B2015: $14.1B$14.1B20152016: $16.5B$16.5B2016+18%2017: $18.7B$18.7B2017+13%2018: $19.4B$19.4B2018+4%2019: $20.4B$20.4B2019+5%2020: $19.0B$19.0B2020−7%2021: $20.8B$20.8B2021+10%2022: $24.1B$24.1B2022+16%
Fiscal year20152016201720182019202020212022
Operating income56.7B MXN464.1B MXN571.3B MXN675.8B MXN782.1B MXN885.7B MXN282.4B MXN291.3B MXN2
Interest39.7B MXN263.9B MXN2
Income before tax25.8B MXN232.3B MXN2
Income tax5.0B MXN28.2B MXN2
Net income14.1B MXN416.5B MXN518.7B MXN619.4B MXN720.4B MXN819.0B MXN220.8B MXN224.1B MXN2
Earnings per share2 MXN/shares42 MXN/shares53 MXN/shares63 MXN/shares73 MXN/shares83 MXN/shares23 MXN/shares24 MXN/shares2
Earnings per share (diluted)2 MXN/shares42 MXN/shares53 MXN/shares63 MXN/shares73 MXN/shares83 MXN/shares23 MXN/shares24 MXN/shares2
Shares (weighted, basic)6.8B shares26.8B shares2
Shares (weighted, diluted)6.8B shares26.8B shares2

Compare Banco Santander Mexico S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico with another company

Corporate structure

Banco Santander Mexico S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Banco Santander Mexico S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico

  • Santander Group Filed SC 13D on Banco Santander Mexico S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico, latest Dec 17, 2021
  • Banco Santander Mexico S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico O5

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Banco Santander Mexico S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net13.7B MXN2 Dec 31, 202212.6B MXN2 Dec 31, 2021+8.6%
Operating-lease assets (leased space)6.3B MXN2 Dec 31, 20225.2B MXN2 Dec 31, 2021+21.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents72.8B MXN2 Dec 31, 202263.1B MXN2 Dec 31, 2021+15.4%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill1.7B MXN2 Dec 31, 20221.7B MXN2 Dec 31, 20210%
Intangible assets, net (excluding goodwill)8.9B MXN2 Dec 31, 20227.7B MXN2 Dec 31, 2021+16.5%

Former names

  • Banco Santander (Mexico) S.A., Institucion de Banca Multiple, Grupo Financiero Santander MexicoFeb 17, 2017 to Oct 2, 20183

Filings

62 filings to the SEC since October 2021: 2 annual reports, 1 large holders, 59 other. The latest 20:

  1. Aug 25, 2026N-PX EDGAR
  2. Jul 29, 202613F-NT EDGAR
  3. May 8, 202613F-NT EDGAR
  4. Feb 13, 202613F-NT EDGAR
  5. Nov 12, 202513F-NT EDGAR
  6. Aug 18, 2025N-PX EDGAR
  7. Aug 1, 202513F-NT EDGAR
  8. May 9, 202513F-NT EDGAR
  9. Feb 7, 202513F-NT EDGAR
  10. Nov 12, 202413F-NT EDGAR
  11. Jul 29, 202413F-NT EDGAR
  12. May 10, 202413F-NT EDGAR
  13. Feb 9, 202413F-NT EDGAR
  14. May 15, 2023SC14D9C EDGAR
  15. May 5, 202315-12G EDGAR
  16. Apr 27, 20236-K EDGAR
  17. Apr 24, 202325 EDGAR
  18. Apr 14, 2023SC14D9C EDGAR
  19. Apr 13, 20236-K EDGAR
  20. Apr 11, 2023SC14D9C EDGAR

The 62 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Banco Santander Mexico S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARBanco Santander Mexico S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico1
  • CIK0001698287
  • Filer statusLarge accelerated filer1
  • Incorporated inMexico1
  • Fiscal year endsDecember 311
  • Industry code (SIC)6029 Commercial Banks, NEC1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business addressProlongacion Paseo De La Reforma No. 500, Piso 2, Modulo 206, Mexico, O5 000001
  • Phone(55) 525780001
  • On EDGAR sinceFeb 17, 20171
  • Filings243 in all: 6-K (119), 13F-NT (23), 425 (13), SC14D9C (13), SC TO-C (8), SC TO-T/A (7), 20-F (6), 6-K/A (6)1
    All 30 form types

    IRANNOTICE (6), SC 13E3/A (6), UPLOAD (4), SC 13G (3), SC 14D9 (3), SC TO-T (3), 20-F/A (2), CORRESP (2), EFFECT (2), F-4/A (2), N-PX (2), SC 13E3 (2), SC 13G/A (2), 15-12G (1), 25 (1), 8-K12G3 (1), F-4 (1), F-6 (1), F-6 POS (1), F-N (1), SC 13D (1), SC 14D9/A (1)

  • Latest filingsAnnual report (20-F) Feb 28, 2023

Sources

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