Banco Santander México (BSMX) - Net assets

Net assets on the balance sheet as of March 2023 : £7.22 Billion

According to Banco Santander México's latest financial reports the company has £7.22 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	$£7.06 B	17.68%
2021-12-31	$£6.00 B	5.87%
2020-12-31	$£5.67 B	4.42%
2019-12-31	$£5.43 B	9.91%
2018-12-31	$£4.94 B	13.77%
2017-12-31	$£4.34 B	1.71%
2016-12-31	$£4.27 B	-3.71%
2015-12-31	$£4.43 B	-3.43%
2014-12-31	$£4.59 B	4.26%
2013-12-31	$£4.40 B	-6.53%
2012-12-31	$£4.71 B	15.2%
2011-12-31	$£4.09 B	-9.03%
2010-12-31	$£4.49 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Citigroup C	£160.54 B	2,121.29%	🇺🇸 USA
U.S. Bancorp USB	£47.88 B	562.60%	🇺🇸 USA
HSBC HSBC	£149.14 B	1,963.54%	🇬🇧 UK
Grupo Cibest (Bancolombia) CIB	£8.33 B	15.35%	🇨🇴 Colombia
Banco de Chile BCH	£4.43 B	-38.61%	🇨🇱 Chile
Santander SAN	£96.82 B	1,239.70%	🇪🇸 Spain
Banco Bilbao Vizcaya Argentaria BBVA	£54.44 B	653.36%	🇪🇸 Spain
Scotiabank BNS	£46.30 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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