Valuation check: BSMX's profit margin is 29.08%, above the Finance sector average of 18.68%.
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+ FollowAs of Mar 2023
Trailing 12 months ending Mar 2023
Banco Santander Mexico S.A. (BSMX) currently reports a profit margin of 29.08% as of March 2023. That compares with 22.86% in the prior-year period — up 27.2% year over year. That is above the Finance sector average of 18.68%. Use the charts on this page to explore Banco Santander Mexico S.A.'s profit margin history and peer comparisons.
Banco Santander Mexico S.A.'s profit margin increased from 22.86% to 29.08% — a 27.2% year-over-year increase (period ending March 2023). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
Banco Santander Mexico S.A.'s profit margin of 29.08% is higher than the Finance sector average of 18.68%. That is roughly 55.7% above the sector mean. A reading higher peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' profit margin, but Banco Santander Mexico S.A.'s current 29.08% should be judged against Finance norms (sector average: 18.68%) and against BSMX's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current profit margin of 29.08%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Finance average is 18.68%. From there, open related valuation or income-statement pages for Banco Santander Mexico S.A., and consider following BSMX for alerts when major investors trade the stock.