Banco Santander (México), S.A., Institución de Banca Múltiple, Grupo Financiero Santander México reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2018. For the quarter, the company reported net interest income of MXN 16,203 million against MXN 13,847 million a year ago. Net income was MXN 4,590 million or MXN 0.68 per share against MXN 4,481 million or MXN 0.06 per share a year ago. Operating income was MXN 5,724 million compared to MXN 5,199 million a year ago.

For the year, the company reported net interest income of MXN 61,408 million against MXN 55,015 million a year ago. Net income was MXN 19,584 million or MXN 2.89 per share against MXN 17,645 million or MXN 0.22 per share a year ago. Operating income was MXN 25,139 million compared to MXN 22,042 million a year ago.

The company provided earnings guidance for the year 2019. For the year, the company expected net income to grow between 5% to 7%.