Banco Santander México (BSMX) - Net assets

Net assets on the balance sheet as of March 2023 : $9.62 Billion USD

According to Banco Santander México's latest financial reports the company has $9.62 Billion USD 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	$$8.55 B	5.47%
2021-12-31	$$8.10 B	4.84%
2020-12-31	$$7.73 B	8.54%
2019-12-31	$$7.12 B	13.54%
2018-12-31	$$6.27 B	6.86%
2017-12-31	$$5.87 B	11.41%
2016-12-31	$$5.27 B	-19.82%
2015-12-31	$$6.57 B	-8.08%
2014-12-31	$$7.15 B	-1.6%
2013-12-31	$$7.26 B	-4.61%
2012-12-31	$$7.62 B	19.8%
2011-12-31	$$6.36 B	-8.4%
2010-12-31	$$6.94 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Citigroup C	$213.87 B	2,121.29%	🇺🇸 USA
U.S. Bancorp USB	$63.79 B	562.60%	🇺🇸 USA
HSBC HSBC	$198.68 B	1,963.54%	🇬🇧 UK
Grupo Cibest (Bancolombia) CIB	$11.10 B	15.35%	🇨🇴 Colombia
Banco de Chile BCH	$5.91 B	-38.61%	🇨🇱 Chile
Santander SAN	$128.99 B	1,239.70%	🇪🇸 Spain
Banco Bilbao Vizcaya Argentaria BBVA	$72.53 B	653.36%	🇪🇸 Spain
Scotiabank BNS	$61.68 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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