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 B MXN, 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 incomeB MXN | Net profitB MXN | AssetsB MXN | EquityB MXN | ROE (annualized) | Source |
|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | Q2 2026 (3M) | OK | 6.2 y/y -2.9% | 2.1 y/y -2.2% | 411.1 y/y 10.4% | 47.5 y/y 5.9% | 17.4% | Yahoo Finance |
| 2026-03-31 | Q1 2026 (3M) | OK | 6.1 y/y -6.8% | 2.0 y/y -18.0% | 405.3 y/y 8.1% | 49.8 y/y 3.9% | 16.7% | Yahoo Finance |
| 2025-12-31 | Q4 2025 (3M) | OK | 6.8 y/y — | 2.2 y/y — | 392.9 y/y 8.1% | 47.8 y/y 5.1% | 19.6% | Yahoo Finance |
| 2025-06-30 | Q2 2025 (3M) | OK | 6.4 y/y — | 2.2 y/y — | 372.5 y/y — | 44.8 y/y — | 18.7% | Yahoo Finance |
| 2025-03-31 | Q1 2025 (3M) | OK | 6.6 y/y — | 2.5 y/y — | 375.0 y/y — | 48.0 y/y — | 21.3% | Yahoo Finance |
| 2024-12-31 | FY 2024 (12M) | OK | 27.2 y/y 4.9% | 10.7 y/y -2.9% | 363.5 y/y 5.6% | 45.5 y/y 9.6% | 24.6% | Yahoo Finance |
| 2023-12-31 | FY 2023 (12M) | ERR | 26.0 y/y — | 11.0 y/y — | 344.3 y/y — | 41.5 y/y — | — | Report (PDF) |
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 | 93.2 | 10.3x | 7.0x |
| Emirates NBD | UAE | 51.7 | 7.8x | 8.8x |
| Grupo Financiero Banorte | Mexico | 31.9 | 10.1x | 10.1x |
| HDFC Bank | India | 111.5 | 15.1x | 10.3x |
| Abu Dhabi Commercial Bank | UAE | 36.3 | 9.8x | 11.0x |
| First Abu Dhabi Bank | UAE | 57.9 | 10.0x | 11.3x |
| ICICI Bank | India | 105.2 | 17.0x | 11.6x |
| KB Financial Group | Korea | 39.3 | 8.3x | 13.8x |
| Bank Central Asia | Indonesia | 33.5 | 10.5x | 25.3x |
| Royal Bank of Canada | Canada | 281.0 | 19.4x | — |
| Mitsubishi UFJ Financial Group | Japan | 240.9 | 14.1x | — |
| Bank of Nova Scotia | Canada | 114.8 | 20.7x | — |
| Group median | 10.4x | 11.0x | ||
| Group average | 12.7x | 12.1x | ||
| This company | Mexico | 3.7 | 7.5x | 7.5x |
Group median 10.4x as traded, 11.0x adjusted; this company 7.5x — a 32% discount.
Group average 12.7x as traded, 12.1x adjusted; against the average this company is at a 38% discount.
At the adjusted group median the market cap would be +46% 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 29.1x, Russia 6.1x, South Africa 11.3x, Kazakhstan 9.3x, India 25.1x, Indonesia 7.1x); it is about where a name is listed, not what it does. Peer multiples come from the nightly rebuild of 2026-10-27; 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