Banco del Bajio SA

Banco del Bajio SA

2.90
EUR
+0.06
(+2.11%)
0.49EPS
5.70P/E
3.33BMarket Cap
Oct 26Next Earn
Banco del Bajio SA
FRA:5NT
(Frankfurt Stock Exchange)

Recent

price

2.90

P/E

ratio

5.70

div

yld

12.03%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
MXN
3.37
3.68
3.96
4.54
5.03
5.68
7.03
9.8
11.29
12.48
11.48
11.83
16.38
21.83
22.89
22
29.47
Revenue per Share
0.74
0.67
0.68
0.95
1.29
1.28
1.88
3.38
4.27
4.71
2.89
4.05
6.79
9.26
8.98
7.63
9.81
Basic EPS, GAAP
0.18
1.96
0.03
0.42
-0.38
0.5
3.37
-2.52
3.2
12.41
-1.73
-7.17
11.35
0.03
1.77
17.42
22.42
Free Cash Flow per Basic Share
0.24
1.56
0.27
0.27
0.38
0.39
0.39
0.39
0.65
1.71
- -
1.9
7.79
5.42
5.55
5.39
6.96
Dividend per Share
8.7
8.23
8.92
9.62
11.13
12.47
14.66
20.32
23.99
26.61
29.3
31.87
31.06
34.91
38.25
40.2
39.89
Book Value per Share
7.82
8.14
8.82
9.53
11.04
12.38
14.58
20.24
23.91
26.52
29.22
31.78
30.59
34.3
37.58
39.62
39.34
Tangible Book Value per Share
1,190
1,190
1,190
1,190
1,190
1,190
1,190
1,138
1,190
1,190
1,190
1,190
1,190
1,190
1,190
1,190
864
Basic Weighted Avg Shares
4,004
4,375
4,714
5,400
5,984
6,755
8,367
11,158
13,429
14,856
13,655
14,071
19,484
25,968
27,235
26,179
25,466
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
192
198
208
214
228
239
230
227
272
338
370
332
646
783
882
946
975
Depreciation Expense
877
795
809
1,130
1,540
1,525
2,237
3,848
5,076
5,607
3,437
4,814
8,072
11,013
10,689
9,079
8,480
Net Income, GAAP
15.79
15.81
16.94
8.29
17.69
28.3
24.35
22.48
24.71
26.88
22.13
16.6
23.04
26.91
26.7
26.84
27.41
Effective Tax Rate (%)
21.91
18.16
17.17
20.93
25.74
22.58
26.74
34.49
37.8
37.74
25.17
34.21
41.43
42.41
39.25
34.68
33.3
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
21,746
22,850
28,060
28,492
30,345
34,372
41,059
38,166
41,167
45,853
48,434
40,172
48,382
53,240
55,856
55,666
53,698
LT Debt
10,347
9,798
10,608
11,450
13,240
14,835
17,450
24,179
28,550
31,662
34,869
37,920
36,963
41,541
45,518
47,839
47,469
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
2.45
2.27
2.88
3.69
3.29
4.15
6.37
7.69
7.62
4.27
5.97
9.88
12.23
10.9
8.86
8.43
Return on Capital (%)
- -
7.89
7.93
10.25
12.47
10.86
13.86
18.49
19.25
18.62
10.33
13.23
21.56
28.06
24.56
19.45
17.77
Return on Common Equity (%)

Capital Structure

MXN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,190
1,190
1,190
Market Capitalization
50,811
61,594
66,505

Working Capital

MXN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
23,030
28,978
20,162
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

MXN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.86%
6.66%
5.1%
Free Cash Flow
635.09%
1,200.78%
884.65%
Net Income, GAAP
24.86%
25.23%
-15.06%
Sales/Revenue/Turnover
15.59%
15.16%
-3.88%
Total Cash Common Dividend
- -
- -
-3.01%

Quarterly Revenue

MXN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,550
6,807
6,740
6,971
27,235
2025
6,574
6,356
- -
6,810
26,179
2026
6,128
6,172
- -
- -
- -

Quarterly Earnings Per Share

MXN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2
2.39
46.54
46.04
8.98
2025
2
1.82
- -
38.35
7.63
2026
2
1.78
- -
- -
- -

Quarterly Dividends Per Share

MXN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
3.7
40.62
-0.01
5.55
2025
- -
2.25
- -
19.18
5.39
2026
- -
1.91
- -
- -
- -
Business
Banco del Bajío, S.A., Institución de Banca Múltiple operates as a full-service commercial bank headquartered in León, Mexico, founded in 1994. The bank provides a comprehensive range of financial products and services including corporate, SME, and retail banking; business loans, commercial and personal mortgages; investment funds; leasing and financial factoring; insurance products such as car, home, life, and business insurance; credit cards; electronic and mobile banking services; foreign exchange; trust contracts; payroll services; and digital payment solutions. It services more than 1.1 million customers primarily in Mexico across 29 states through a network of 324 branches and over 800 ATMs. Banco del Bajío’s core business is centered on loans and financing, including working capital, fixed assets, commercial loans, factoring, and leasing, with a strategic focus on the SME sector and agribusiness, which represent significant parts of its portfolio. The bank also offers diversified insurance and investment solutions aimed at individual and corporate clients. Recent major developments include a strategic expansion in its personal banking segment, notably boosting consumer credit, mortgage, automotive loans, and credit card offerings supported by ongoing technological modernization and service digitization. In 2024, the bank increased its number of bankers serving corporate and SME clients to enhance market capture. Its loan portfolio grew by over 10% in the twelve months ending mid-2024, driven by a 12.1% increase in corporate and SME loans and a 35% surge in consumer loans. Banco del Bajío continues to expand its geographic reach and product diversification to sustain above-peer growth rates. The bank operates primarily in Mexico, targeting individuals, SMEs, corporations, and government entities, maintaining a strong regional presence with a concentration on the Mexican market. It is recognized as one of the most dynamic niche banks in Mexico and ranks as the eighth largest Mexican bank by assets. Its business segments include banking and credit transactions, rediscounted transactions, and treasury activities. Banco del Bajío is publicly traded under the ticker BBAJIOO.MX and maintains a sizable portfolio and client base, underscoring its position as a significant player in Mexico’s banking and financial services industry. Its continuous product innovation, technological investment, and strategic hiring initiatives underpin its recent operational expansion and revenue growth.

Company News

  • Banco del Bajío, S.A., Institución de Banca Múltiple (BBAJF) Q1 2026 Earnings Call Transcript

  • Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) Short Interest Up 166.3% in March

  • Short Interest in Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) Grows By 54.1%

  • Banco del Bajío, S.A., Institución de Banca Múltiple (BBAJF) Q4 2025 Earnings Call Transcript