Banco del Bajío, S.A., Institución de Banca Múltiple Reports Earnings Results for the First Quarter Ended March 31, 2023
April 26, 2023 at 01:15 am
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Banco del Bajío, S.A., Institución de Banca Múltiple reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported net interest income was MXN 5,319 million compared to MXN 3,250 million a year ago. Net income was MXN 2,691 million compared to MXN 1,526 million a year ago.
Basic earnings per share from continuing operations was MXN 2.26 compared to MXN 1.28 a year ago.
Banco del Bajio SA Institucion de Banca Multiple is a Mexico-based financial institution (the Bank) engaged in the banking sector. The Bank offers financial products and services to individual customers, small and medium-sized companies, corporations and governmental bodies. Its products range includes current and savings accounts, personal and commercial loans, mortgage, credit and debit cards, investment funds, securities brokerage, insurance policies, foreign currency exchange, leasing and factoring, international trade financing, as well as fiduciary services, among others. The Bank also offers services through a mobile and Internet platform. It operates a number of branches across Mexico.