Banco Santander México Reports Second Quarter 2019 Net Income of Ps.5,608 Million
Banco Santander Mexico, S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico (BSMX)
US:NYSE Investor Relations:
santander.com/csgs/satellite/cfwcsancomqp01/en_gb/corporate/investor-relations.html
Company Research
Source: PR Newswire
MEXICO CITY, July 25, 2019 /PRNewswire/ -- 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 six-month periods ending June 30th, 2019. Banco Santander México reported net income of Ps.5,608 million in 2Q19, representing increases of 8.5% YoY and 6.0% QoQ. On a cumulative basis, net income for the first half of the year, reached Ps.10,899 million, representing a 10.1% YoY increase. HIGHLIGHTSResults (Million pesos)2Q191Q192Q18%QoQ%YoY6M196M18%YoYNet interest income16,58816,44914,7950.812.133,03729,41012.3Fee and commission, net4,6974,4264,2626.110.29,1238,331
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