Banco Santander México (BSMX) - Net assets

Net assets on the balance sheet as of March 2023 : A$15.22 Billion

According to Banco Santander México's latest financial reports the company has A$15.22 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Banco Santander México - Net assets on balance sheet (from 2011 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$12.56 B	12.36%
2021-12-31	$A$11.18 B	11.2%
2020-12-31	$A$10.05 B	-1.17%
2019-12-31	$A$10.17 B	14.25%
2018-12-31	$A$8.90 B	18.42%
2017-12-31	$A$7.52 B	2.86%
2016-12-31	$A$7.31 B	-18.97%
2015-12-31	$A$9.02 B	3.26%
2014-12-31	$A$8.74 B	7.25%
2013-12-31	$A$8.14 B	11.14%
2012-12-31	$A$7.33 B	18.2%
2011-12-31	$A$6.20 B	-9.26%
2010-12-31	$A$6.83 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Citigroup C	A$331.85 B	2,080.01%	🇺🇸 USA
U.S. Bancorp USB	A$93.78 B	516.10%	🇺🇸 USA
HSBC HSBC	A$316.23 B	1,977.43%	🇬🇧 UK
Bancolombia CIB	A$15.85 B	4.16%	🇨🇴 Colombia
Banco de Chile BCH	A$9.61 B	-36.81%	🇨🇱 Chile
Santander SAN	A$185.53 B	1,118.81%	🇪🇸 Spain
Banco Bilbao Vizcaya Argentaria BBVA	A$100.25 B	558.60%	🇪🇸 Spain
Scotiabank BNS	A$95.57 B	527.84%	🇨🇦 Canada

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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