Banco Santander México (BSMX) - Net assets

Net assets on the balance sheet as of March 2023 : S$12.47 Billion

According to Banco Santander México's latest financial reports the company has S$12.47 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$277.16 B	2,121.29%	🇺🇸 USA
U.S. Bancorp USB	S$82.67 B	562.60%	🇺🇸 USA
HSBC HSBC	S$257.47 B	1,963.54%	🇬🇧 UK
Grupo Cibest (Bancolombia) CIB	S$14.39 B	15.35%	🇨🇴 Colombia
Banco de Chile BCH	S$7.65 B	-38.61%	🇨🇱 Chile
Santander SAN	S$167.16 B	1,239.70%	🇪🇸 Spain
Banco Bilbao Vizcaya Argentaria BBVA	S$94.00 B	653.36%	🇪🇸 Spain
Scotiabank BNS	S$79.94 B	540.70%	🇨🇦 Canada

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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