Banca Multiple operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Banca Multiple with three other
banks in Latin America:
sales of 23.36 trillion Colombian Pesos [US$6.10 billion]
of which 56%
was Banking Colombia),
(19.66 billion Peruvian Sols [US$5.54 billion]
of which 17%
was Insurance), and
based in CHILE
(5.65 trillion Chilean Pesos [US$7.29 billion]
of which 45%
During the year ended December of 2019, sales at
Banca Multiple were 152.05 billion Mexican Pesos (US$6.99 billion).
increase of 10.3%
versus 2018, when the company's sales were 137.88 billion Mexican Pesos.
This was the fifth consecutive year of sales increases at Banca Multiple
(and since 2014, sales have increased a total of 98%).
Sales of Global Banking saw an increase
that was more than double the company's growth rate: sales were up
31.3% in 2019, from
5.10 billion Mexican Pesos to 6.69 billion Mexican Pesos.
Banca Multiple also saw significant increases in sales in
Commercial Banking (up 21.3% to 41.31 billion Mexican Pesos)
Not all segments of Banca Multiple experienced an increase in sales in 2019:
sales of Corporate Activities fell 85.2% to 237.00 million Mexican Pesos.
(However, this segment's sales were only a very small portion of the company's overall sales).