Banco Santander México (BSMX) - Net assets

Net assets on the balance sheet as of March 2023 : HK$74.95 Billion

According to Banco Santander México's latest financial reports the company has HK$74.95 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	$HK$66.81 B	5.68%
2021-12-31	$HK$63.22 B	5.46%
2020-12-31	$HK$59.95 B	8.04%
2019-12-31	$HK$55.49 B	12.92%
2018-12-31	$HK$49.14 B	7.1%
2017-12-31	$HK$45.88 B	12.25%
2016-12-31	$HK$40.87 B	-19.78%
2015-12-31	$HK$50.96 B	-8.15%
2014-12-31	$HK$55.48 B	-1.57%
2013-12-31	$HK$56.36 B	-4.57%
2012-12-31	$HK$59.06 B	19.55%
2011-12-31	$HK$49.40 B	-8.58%
2010-12-31	$HK$54.04 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Citigroup C	HK$1.664 T	2,121.29%	🇺🇸 USA
U.S. Bancorp USB	HK$496.64 B	562.60%	🇺🇸 USA
HSBC HSBC	HK$1.546 T	1,963.54%	🇬🇧 UK
Grupo Cibest (Bancolombia) CIB	HK$86.45 B	15.35%	🇨🇴 Colombia
Banco de Chile BCH	HK$46.01 B	-38.61%	🇨🇱 Chile
Santander SAN	HK$1.004 T	1,239.70%	🇪🇸 Spain
Banco Bilbao Vizcaya Argentaria BBVA	HK$564.67 B	653.36%	🇪🇸 Spain
Scotiabank BNS	HK$480.22 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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