Banco Santander México (BSMX) - Net assets

Net assets on the balance sheet as of March 2023 : S$12.92 Billion

According to Banco Santander México's latest financial reports the company has S$12.92 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	$S$11.46 B	4.59%
2021-12-31	$S$10.96 B	7.14%
2020-12-31	$S$10.23 B	6.51%
2019-12-31	$S$9.60 B	12.05%
2018-12-31	$S$8.57 B	9.14%
2017-12-31	$S$7.85 B	2.95%
2016-12-31	$S$7.62 B	-17.96%
2015-12-31	$S$9.30 B	-1.6%
2014-12-31	$S$9.45 B	2.63%
2013-12-31	$S$9.21 B	-1.17%
2012-12-31	$S$9.31 B	13.12%
2011-12-31	$S$8.23 B	-7.91%
2010-12-31	$S$8.94 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Citigroup C	S$281.81 B	2,080.01%	🇺🇸 USA
U.S. Bancorp USB	S$79.64 B	516.10%	🇺🇸 USA
HSBC HSBC	S$268.55 B	1,977.43%	🇬🇧 UK
Bancolombia CIB	S$13.46 B	4.16%	🇨🇴 Colombia
Banco de Chile BCH	S$8.16 B	-36.81%	🇨🇱 Chile
Santander SAN	S$157.55 B	1,118.81%	🇪🇸 Spain
Banco Bilbao Vizcaya Argentaria BBVA	S$85.13 B	558.60%	🇪🇸 Spain
Scotiabank BNS	S$80.67 B	524.06%	🇨🇦 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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