BanBajío 2Q26 net income falls 2.2% YoY to 2.12 billion pesos; revenue drops 2.8% YoY to 5.98 billion pesos
Reuters2026/07/29 21:31- BanBajío posted 2Q26 net income of MXN 2.12 billion, down 2.2% year over year, while total revenues slipped 2.8% to MXN 5.98 billion.
- Financial margin fell 3.4% from a year earlier to MXN 5.22 billion, as net interest margin narrowed 71 basis points year over year to 6.86%.
- Non-interest income rose 1.5% year over year to MXN 761 million; trading income increased 4.7% to MXN 291 million.
- Total loan portfolio grew 11.8% year over year to MXN 296.35 billion; total deposits climbed 9.8% to MXN 288.66 billion.
- Asset quality held with an NPL ratio of 1.8% and a 99.4% coverage ratio; efficiency ratio was 44% and ROAE 17.4%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Colgate-Palmolive (CL.US) plans to sell part of its personal care brands, with a total transaction amount possibly exceeding 1.1 billions USD.
According to sources familiar with the matter, Colgate is exploring the sale of some of its mass-market personal care brands. The company currently plans to divest only a few brands within its personal care business, and the combined sale price may exceed 1 billion dollars.
EdiliziAcrobatica announces shareholder meeting notice
Storage Giant Offers Huge Bonuses Again: Micron Awards Up to 68 Months’ Bonus
Micron Technology has announced record-breaking bonuses for its employees in Taiwan, ranging from 35 to 68 months’ salary, with a minimum cash compensation of 1.7 million New Taiwan dollars. However, the Taoyuan union, representing about two-thirds of Micron’s workers in Taiwan, has refused to accept the offer, insisting that 15% of operating profits be included in the bonus distribution and maintaining the threat of a strike.
Crypto prices
More
