Banco Santander México (BSMX) - Net assets

Net assets on the balance sheet as of March 2023 : NZ$16.55 Billion

According to Banco Santander México's latest financial reports the company has NZ$16.55 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	$NZ$13.46 B	13.47%
2021-12-31	$NZ$11.87 B	10.75%
2020-12-31	$NZ$10.71 B	1.31%
2019-12-31	$NZ$10.58 B	13.09%
2018-12-31	$NZ$9.35 B	13.14%
2017-12-31	$NZ$8.26 B	8.66%
2016-12-31	$NZ$7.61 B	-20.78%
2015-12-31	$NZ$9.60 B	5.22%
2014-12-31	$NZ$9.12 B	3.21%
2013-12-31	$NZ$8.84 B	-4.51%
2012-12-31	$NZ$9.26 B	13.65%
2011-12-31	$NZ$8.15 B	-9.46%
2010-12-31	$NZ$9.00 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Citigroup C	NZ$367.67 B	2,121.29%	🇺🇸 USA
U.S. Bancorp USB	NZ$109.67 B	562.60%	🇺🇸 USA
HSBC HSBC	NZ$341.56 B	1,963.54%	🇬🇧 UK
Grupo Cibest (Bancolombia) CIB	NZ$19.09 B	15.35%	🇨🇴 Colombia
Banco de Chile BCH	NZ$10.16 B	-38.61%	🇨🇱 Chile
Santander SAN	NZ$221.75 B	1,239.70%	🇪🇸 Spain
Banco Bilbao Vizcaya Argentaria BBVA	NZ$124.69 B	653.36%	🇪🇸 Spain
Scotiabank BNS	NZ$106.05 B	540.70%	🇨🇦 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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