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Banco Santander México Reports Fourth Quarter 2020 Net Income of Ps.5,480 Million; - Despite a small year-over-year contraction in the loan book, the bank maintained a solid performance in mortgage and auto loans, while consumer and commercial loans remai

Feb 03, 2021 - PR Newswire
Financial Results

PR Newswire

 Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México(NYSE: BSMX; BMV: BSMX),("Banco Santander México" or "the Bank"), today announced financial results for the three-month and twelve-month periods ending December 31st, 2020.

Banco Santander México reported net income of Ps.5,480 million in 4Q20, representing increases of 11.5% YoY and 8.9% QoQ. On a cumulative basis, net income for 12M20 reached Ps.20,154 million, represen...