Banco del Bajío is a Mexican commercial bank focused on retail, SMEs and corporate clients, mainly in the Bajío region.
Sector: Banks
MX_BBAJIO
Shares: yahoo_fundamentals_timeseries/BBAJIOO.MX
Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | Net interest incomeM USD | Net profitM USD | AssetsM USD | EquityM USD | ROE (annualized) | Source |
|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | Q2 2026 (3M) | OK | 354.5 y/y 9.0% | 121.7 y/y 9.7% | 23522.0 y/y 19.0% | 2716.3 y/y 14.2% | 17.8% | Yahoo Finance |
| 2026-03-31 | Q1 2026 (3M) | OK | 345.1 y/y 7.0% | 115.0 y/y -5.9% | 22501.7 y/y 22.4% | 2767.1 y/y 17.6% | 16.9% | Yahoo Finance |
| 2025-12-31 | Q4 2025 (3M) | OK | 374.0 y/y — | 118.4 y/y — | 21860.8 y/y 24.8% | 2661.7 y/y 21.3% | 18.8% | Yahoo Finance |
| 2025-06-30 | Q2 2025 (3M) | OK | 325.3 y/y — | 110.9 y/y — | 19762.4 y/y — | 2378.9 y/y — | 18.7% | Yahoo Finance |
| 2025-03-31 | Q1 2025 (3M) | OK | 322.5 y/y — | 122.2 y/y — | 18381.8 y/y — | 2352.0 y/y — | 21.5% | Yahoo Finance |
| 2024-12-31 | FY 2024 (12M) | OK | 1495.9 y/y 2.4% | 587.1 y/y -5.2% | 17522.4 y/y -13.8% | 2194.4 y/y -10.5% | 25.3% | Yahoo Finance |
| 2023-12-31 | FY 2023 (12M) | ERR | 1460.5 y/y — | 619.4 y/y — | 20318.0 y/y — | 2451.7 y/y — | — | Report (PDF) |
Conversion to USD. Balance sheet: rate effective on 2026-06-30, fixing date unspecified. Flows: sampled average at each calculation period's bounds and monthly 15ths. Latest source row: 2026-04-01 — 2026-06-30. Source: Frankfurter historical request.
Our earnings breakdowns and investment notes on this issuer.
Group: Banks. Each peer is shown as it trades and re-priced onto this company's market (Mexico) by the ratio of our coverage medians.
| Company | Market | Cap, $bn | P/E | P/E, adjusted |
|---|---|---|---|---|
| State Bank of India | India | 92.5 | 10.2x | 6.8x |
| Emirates NBD | UAE | 51.6 | 7.8x | 9.5x |
| HDFC Bank | India | 111.1 | 15.0x | 10.0x |
| ICICI Bank | India | 104.0 | 16.7x | 11.1x |
| Abu Dhabi Commercial Bank | UAE | 35.1 | 9.4x | 11.4x |
| First Abu Dhabi Bank | UAE | 57.3 | 9.9x | 12.0x |
| KB Financial Group | Korea | 41.0 | 8.7x | 14.3x |
| Bank Central Asia | Indonesia | 35.7 | 11.2x | 26.0x |
| Capitec Bank | South Africa | 32.1 | 31.7x | 46.7x |
| Royal Bank of Canada | Canada | 282.3 | 19.4x | — |
| Mitsubishi UFJ Financial Group | Japan | 240.8 | 14.1x | — |
| Bank of Nova Scotia | Canada | 115.8 | 20.8x | — |
| Group median | 12.6x | 11.4x | ||
| Group average | 14.6x | 16.4x | ||
| This company | Mexico | 3.7 | 7.7x | 7.7x |
Group median 12.6x as traded, 11.4x adjusted; this company 7.7x — a 33% discount.
Group average 14.6x as traded, 16.4x adjusted; against the average this company is at a 53% discount. The average sits 44% above the median: Capitec Bank (46.7x) skews the group.
At the adjusted group median the market cap would be +49% versus today.
The gap and the implied upside are measured against the median: one richly priced peer moves an average, not a median. The market adjustment uses our coverage medians (US 29.4x, Russia 6.1x, South Africa 11.4x, Kazakhstan 9.4x, India 25.3x, Indonesia 7.2x); it is about where a name is listed, not what it does. Peer multiples come from the nightly rebuild of 2026-10-28; the company's own is live.
| Date | Per share | Details | Status | Source |
|---|---|---|---|---|
| 2026-09-03 | 1.907 MXN | Ex-dividend: 1.907 MXN per share | Paid | Yahoo Finance (ex-div) |
| 2026-05-08 | 1.907 MXN | Ex-dividend: 1.907 MXN per share | Paid | Yahoo Finance (ex-div) |
| 2025-12-02 | 0.8982 MXN | Ex-dividend: 0.8982 MXN per share | Paid | Yahoo Finance (ex-div) |
| 2025-09-09 | 2.2456 MXN | Ex-dividend: 2.2456 MXN per share | Paid | Yahoo Finance (ex-div) |
| 2025-05-09 | 2.2456 MXN | Ex-dividend: 2.2456 MXN per share | Paid | Yahoo Finance (ex-div) |
| 2024-09-04 | 1.8515 MXN | Ex-dividend: 1.8515 MXN per share | Paid | Yahoo Finance (ex-div) |
| 2024-05-08 | 3.703 MXN | Ex-dividend: 3.703 MXN per share | Paid | Yahoo Finance (ex-div) |
| 2023-11-01 | 1.3537 MXN | Ex-dividend: 1.3537 MXN per share | Paid | Yahoo Finance (ex-div) |
| 2023-05-08 | 4.0612 MXN | Ex-dividend: 4.0612 MXN per share | Paid | Yahoo Finance (ex-div) |
| 2022-08-26 | 3.8658 MXN | Ex-dividend: 3.8658 MXN per share | Paid | Yahoo Finance (ex-div) |
| 2022-05-06 | 3.923 MXN | Ex-dividend: 3.923 MXN per share | Paid | Yahoo Finance (ex-div) |
KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)
Financial results, valuation multiples (P/E, P/B), profitability and dividend yield of Banco del Bajío (BBAJIO) — from primary filings.
See also: Mexican Stocks (2026): Quality Value and the Nearshoring Trade · The Cheapest Bank Stocks in the World (2026): Where Global Banks Trade Below Book · The Cheapest Stocks in the World (2026): What Value Investing Says About Buying Cheap · global valuation map