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Banco del Bajío, S.A., Institución de Banca MúltipleBMV:BBAJIO O Stock Report

Market Cap Mex$65.8b
Share Price
Mex$55.31
Mex$61.58
10.2% undervalued intrinsic discount
1Y18.9%
7D0.1%
1D
Portfolio Value
View

Banco del Bajío, S.A., Institución de Banca Múltiple

BMV:BBAJIO O Stock Report

Market Cap: Mex$65.8b

Banco del Bajío Institución de Banca Múltiple (BBAJIO O) Stock Overview

Provides banking products and services in Mexico. More details

BBAJIO O fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends4/6

BBAJIO O Community Fair Values

Create Narrative

See what 10 others think this stock is worth. Follow their fair value or set your own to get alerts.

Banco del Bajío, S.A., Institución de Banca Múltiple Competitors

Price History & Performance

Summary of share price highs, lows and changes for Banco del Bajío Institución de Banca Múltiple
Historical stock prices
Current Share PriceMex$55.31
52 Week HighMex$59.54
52 Week LowMex$41.65
Beta0.17
1 Month Change2.41%
3 Month Change9.46%
1 Year Change18.90%
3 Year Change0.20%
5 Year Change58.16%
Change since IPO83.51%

Recent News & Updates

Narrative Update Jun 12

BBAJIO O: Fine-Tuned Assumptions Will Support A More Optimistic Outlook

Analysts have kept their MX$61.58 price target for Banco del Bajío Institución de Banca Múltiple broadly unchanged, citing only fine tuning to the discount rate, revenue growth outlook, profit margin assumptions and future P/E inputs in their valuation work. What's in the News No recent company specific news items were identified from the provided sources for Banco del Bajío Institución de Banca Múltiple.
Narrative Update May 28

BBAJIO O: Slight Model Adjustments Will Support A Balanced Future Outlook

Analysts have trimmed their MX$ fair value estimate for Banco del Bajío Institución de Banca Múltiple slightly to MX$61.58 from MX$61.87, reflecting marginal adjustments to the discount rate, revenue growth expectations, and future P/E assumptions, alongside a largely steady profit margin outlook. Valuation Changes Fair Value: MX$ fair value estimate adjusted slightly from MX$61.87 to MX$61.58, reflecting minor tweaks to the model inputs.
Narrative Update May 12

BBAJIO O: Higher Revenue Outlook And Lower P E Assumptions Signal Upside Potential

Analysts have nudged their price target for Banco del Bajío Institución de Banca Múltiple slightly higher to MX$61.87 from MX$61.66, reflecting updated assumptions for revenue growth, profit margins, and a lower expected future P/E multiple. Valuation Changes Fair Value: MX$61.66 adjusted marginally to MX$61.87, indicating a very small change in the modelled estimate.
Narrative Update Apr 23

BBAJIO O: JPMorgan Upgrade And Earnings Assumptions Will Guide Balanced Forward View

Analysts have lifted their MX$ price target for Banco del Bajío Institución de Banca Múltiple, citing updated assumptions for revenue growth of 11.44%, a profit margin of 34.53%, and a forward P/E of 10.74x that align with recent research upgrades, including the latest positive view from the Street. Analyst Commentary Bullish Takeaways Bullish analysts point to the MX$ price target upgrade as consistent with the revenue growth assumption of 11.44%, which they see as supporting the current valuation framework.

Recent updates

Narrative Update Jun 12

BBAJIO O: Fine-Tuned Assumptions Will Support A More Optimistic Outlook

Analysts have kept their MX$61.58 price target for Banco del Bajío Institución de Banca Múltiple broadly unchanged, citing only fine tuning to the discount rate, revenue growth outlook, profit margin assumptions and future P/E inputs in their valuation work. What's in the News No recent company specific news items were identified from the provided sources for Banco del Bajío Institución de Banca Múltiple.
Narrative Update May 28

BBAJIO O: Slight Model Adjustments Will Support A Balanced Future Outlook

Analysts have trimmed their MX$ fair value estimate for Banco del Bajío Institución de Banca Múltiple slightly to MX$61.58 from MX$61.87, reflecting marginal adjustments to the discount rate, revenue growth expectations, and future P/E assumptions, alongside a largely steady profit margin outlook. Valuation Changes Fair Value: MX$ fair value estimate adjusted slightly from MX$61.87 to MX$61.58, reflecting minor tweaks to the model inputs.
Narrative Update May 12

BBAJIO O: Higher Revenue Outlook And Lower P E Assumptions Signal Upside Potential

Analysts have nudged their price target for Banco del Bajío Institución de Banca Múltiple slightly higher to MX$61.87 from MX$61.66, reflecting updated assumptions for revenue growth, profit margins, and a lower expected future P/E multiple. Valuation Changes Fair Value: MX$61.66 adjusted marginally to MX$61.87, indicating a very small change in the modelled estimate.
Narrative Update Apr 23

BBAJIO O: JPMorgan Upgrade And Earnings Assumptions Will Guide Balanced Forward View

Analysts have lifted their MX$ price target for Banco del Bajío Institución de Banca Múltiple, citing updated assumptions for revenue growth of 11.44%, a profit margin of 34.53%, and a forward P/E of 10.74x that align with recent research upgrades, including the latest positive view from the Street. Analyst Commentary Bullish Takeaways Bullish analysts point to the MX$ price target upgrade as consistent with the revenue growth assumption of 11.44%, which they see as supporting the current valuation framework.
Narrative Update Apr 08

BBAJIO O: JPMorgan Upgrade And Refined Assumptions Will Shape Balanced Future Prospects

Analysts have raised their fair value estimate for Banco del Bajío Institución de Banca Múltiple slightly to MX$61.66 per share, based on updated assumptions around the bank's discount rate, revenue growth, profit margin, and future P/E following recent Street research. Analyst Commentary Bullish Takeaways Bullish analysts point to the recent upgrade highlighted in the report titled "Banco del Bajio just upgraded at JPMorgan, here's why" as support for the updated fair value, viewing the current P/E assumptions as reasonable for a bank with this earnings profile.
Narrative Update Mar 25

BBAJIO O: JPMorgan Upgrade And Earnings Resilience Will Support Future Upside

Analysts have modestly adjusted their MX$60.73 price target for Banco del Bajío Institución de Banca Múltiple, citing updated assumptions for the discount rate, revenue growth, profit margin, and a future P/E of about 10.79x as reflected in recent Street research. Analyst Commentary Bullish Takeaways Bullish analysts see the MX$60.73 price target as aligned with a P/E of about 10.79x, which they view as reasonable for the bank's current earnings profile under their updated assumptions.
Narrative Update Mar 10

BBAJIO O: JPMorgan Upgrade And Stable Earnings Outlook Will Support Upside Potential

Analysts have nudged their price target for Banco del Bajío Institución de Banca Múltiple up slightly to about MX$60.73 from around MX$60.30. This reflects updated views on its fair value, discount rate, revenue growth, profit margin and future P/E after recent research, including the JPMorgan upgrade.
Narrative Update Feb 23

BBAJIO O: JPMorgan Upgrade And Stable Earnings Assumptions Will Support Balanced Outlook

Analysts have nudged their price target for Banco del Bajío Institución de Banca Múltiple to MX$60.30, reflecting only very small tweaks to assumptions around discount rate, revenue growth, profit margin and future P/E that keep their overall valuation view effectively unchanged. Analyst Commentary Bullish Takeaways JPMorgan's recent upgrade signals that some high profile coverage sees the current MX$60.30 target as broadly aligned with their view of fair value, rather than stretched.
Narrative Update Feb 09

BBAJIO O: JPMorgan Upgrade And Resilient Earnings Profile Will Support Steady Outlook

Analysts have lifted their price target for Banco del Bajío Institución de Banca Múltiple to $60.30 from $57.94, tying this change to updated assumptions for slightly lower discount rates, adjusted profit margins, and a higher forward P/E multiple following recent research. Analyst Commentary Bullish Takeaways Bullish analysts see the higher target price of $60.30 as better aligned with their updated assumptions for discount rates and profit margins, which feeds into a richer forward P/E multiple.
Narrative Update Jan 24

BBAJIO O: JPMorgan Upgrade And Dividend Plan Will Support Steady Outlook

Analysts have raised their fair value estimate for Banco del Bajío Institución de Banca Múltiple from $56.71 to $57.94, citing updated assumptions on revenue growth, profit margins, and forward P/E that support a slightly higher long-term valuation profile. Analyst Commentary Bullish Takeaways JPMorgan’s upgrade suggests confidence that the revised fair value of $57.94 is better aligned with the bank’s earnings profile and current P/E assumptions.
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New Narrative Jul 21

Digital Channels And SME Lending Will Drive Mixed Outcomes

Accelerated digital transformation and targeted SME strategies are driving operational efficiency, higher customer engagement, and sustainable revenue growth.
Analysis Article Nov 12

Here's Why We Think Banco del Bajío Institución de Banca Múltiple (BMV:BBAJIOO) Is Well Worth Watching

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Jul 10

Do Banco del Bajío Institución de Banca Múltiple's (BMV:BBAJIOO) Earnings Warrant Your Attention?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Mar 20

Does Banco del Bajío Institución de Banca Múltiple (BMV:BBAJIOO) Deserve A Spot On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Dec 04

If EPS Growth Is Important To You, Banco del Bajío Institución de Banca Múltiple (BMV:BBAJIOO) Presents An Opportunity

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article May 03

Is Banco del Bajío, S.A., Institución de Banca Múltiple (BMV:BBAJIOO) A Smart Pick For Income Investors?

Dividend paying stocks like Banco del Bajío, S.A., Institución de Banca Múltiple ( BMV:BBAJIOO ) tend to be popular...
Analysis Article Mar 19

Banco del Bajío Institución de Banca Múltiple's (BMV:BBAJIOO) Shareholders Are Down 34% On Their Shares

As an investor its worth striving to ensure your overall portfolio beats the market average. But in any portfolio...
Analysis Article Jan 25

How Much Of Banco del Bajío, S.A., Institución de Banca Múltiple (BMV:BBAJIOO) Do Insiders Own?

The big shareholder groups in Banco del Bajío, S.A., Institución de Banca Múltiple ( BMV:BBAJIOO ) have power over the...
Analysis Article Dec 03

Would Shareholders Who Purchased Banco del Bajío Institución de Banca Múltiple's (BMV:BBAJIOO) Stock Three Years Be Happy With The Share price Today?

Banco del Bajío, S.A., Institución de Banca Múltiple ( BMV:BBAJIOO ) shareholders will doubtless be very grateful to...

Shareholder Returns

BBAJIO OMX BanksMX Market
7D0.1%3.2%2.8%
1Y18.9%-2.9%17.4%

Return vs Industry: BBAJIO O exceeded the MX Banks industry which returned -5.4% over the past year.

Return vs Market: BBAJIO O exceeded the MX Market which returned 16.2% over the past year.

Price Volatility

Is BBAJIO O's price volatile compared to industry and market?
BBAJIO O volatility
BBAJIO O Average Weekly Movement4.2%
Banks Industry Average Movement5.0%
Market Average Movement3.8%
10% most volatile stocks in MX Market6.1%
10% least volatile stocks in MX Market2.5%

Stable Share Price: BBAJIO O has not had significant price volatility in the past 3 months compared to the MX market.

Volatility Over Time: BBAJIO O's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1994n/aEdgardo del Rincon Gutierrezwww.bb.com.mx

Banco del Bajío, S.A., Institución de Banca Múltiple provides banking products and services in Mexico. The company offers electronic and specialized banking, banking insurance, credits, accounts, foreign exchange, investments, payroll, and credit card services. It also provides agribusiness, level accounts, derivatives, electronic account statement, saving fund, electronic payroll, business package, and protection line services.

Banco del Bajío, S.A., Institución de Banca Múltiple Fundamentals Summary

How do Banco del Bajío Institución de Banca Múltiple's earnings and revenue compare to its market cap?
BBAJIO O fundamental statistics
Market capMex$65.82b
Earnings (TTM)Mex$8.63b
Revenue (TTM)Mex$21.65b
7.6x
P/E Ratio
1.3x
P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BBAJIO O income statement (TTM)
RevenueMex$21.65b
Cost of RevenueMex$0
Gross ProfitMex$21.65b
Other ExpensesMex$13.02b
EarningsMex$8.63b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)7.25
Gross Margin100.00%
Net Profit Margin39.86%
Debt/Equity Ratio120.9%

How did BBAJIO O perform over the long term?

See historical performance and comparison

Dividends

8.1%
Current Dividend Yield
56%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/13 13:41
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Banco del Bajío, S.A., Institución de Banca Múltiple is covered by 20 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gilberto GarciaBarclays
Ernesto Gabilondo MárquezBofA Global Research
Eric ItoBradesco S.A. Corretora de Títulos e Valores Mobiliários