Return On Equity	(Dec 31 2022) 2022	(Dec 31 2021) 2021	(Dec 31 2020) 2020	(Dec 31 2019) 2019	(Dec 31 2018) 2018
Y / Y Equity Change	5.14 %	3.12 %	8.2 %	13.83 %	7.47 %
Y / Y Net Income Change	16.84 %	15.72 %	-16.29 %	5.02 %	1.67 %
Return On Equity	14.3 %	12.87 %	11.46 %	14.82 %	16.06 %

BSMX all Ratios >> Back to BSMX Management Effectiveness >> See Quarterly BSMX Return On Equity

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Roe Comment

In (Dec 31 2022) ROE improved to 14.3 % compare to previous year, due to net income growth.

Financial Statements
Banco Santander Mexico S A Institucion De Banca Mu's Equity	$ 8,384 Millions	Annual BSMX's Balance sheet
Banco Santander Mexico S A Institucion De Banca Mu's Annual Income	$ 1,199 Millions	Annual BSMX's Income Statement
Where are BSMX's Income coming from?		Visit BSMX's Income by Segment

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