Market size and recent performance (2009-2024)
Industry revenue has grown at a CAGR of 7.1% over the past five years, to reach an estimated $1.2tr in 2019.
Trends and Insights
- Operators are expected to continue to benefit from is purchases of automobiles
- Additional trends and insights available with purchase
Biggest companies in the Multiple Banking in Mexico
| Company
2019 | Market Share (%)
2019 | Revenue ($m)
2019 | Profit ($m)
2019 | Profit Margin (%)
2019 |
|---|---|---|---|---|
BBVA Bancomer | ||||
Grupo Financiero Banamex SA de CV | ||||
Grupo Financiero Banorte SAB de CV |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Industry revenue is measured across several distinct product and services lines, including Noninterest income, Interest from companies and Interest from financial institutions. Noninterest income is the largest segment of the Multiple Banking in Mexico.
Trends and Insights
• Increased business activity, including within the industrial sector, has caused lending to companies to increase over the five years to 2019.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
The Multiple Banking industry in Mexico provides vital depository and lending functions to individuals, businesses and government entities across the country. Industry operators provide a variety of financial products to business and consumers, such as commercial and industrial loans, mortgages, credit cards and other loans and financing options. Since these products and services are vital to not only consumers and businesses, but the larger Mexican economy, the industry is scrutinized heavily by regulators. This industry excludes banks that look to cultivate public resources for government projects. Additionally, since this is a service-based industry, it does not partake in trade activities.
What's included in this industry?
Providing financing to consumersProviding depository services to consumers and businessesProviding financing to businessesProviding financing to government entitiesNoninterest incomeInterest from companiesInterest from financial institutionsInterest from consumersInterest from investmentsOtherCompanies
BBVA BancomerGrupo Financiero Banamex SA de CVGrupo Financiero Banorte SAB de CVPurchase this report to view all 4 major companies in this industry.
Related Terms
LOAN AND LEASE LOSS PROVISIONLOAN DEFAULTWRITE-DOWNIndustry Code
NAICS 52211MX - Multiple Banking in Mexico
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
House price index. As the house price index increases, the amount of money provided by industry operators for mortgages generally increases as well. In 2019, the housing price...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2009-2018) and forecast (2019-2024)
- Employees, including historical (2009-2018) and forecast (2019-2024)
- Businesses, including historical (2009-2018) and forecast (2019-2024)
- Profit, including historical (2009-2019)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
• Increased business activity, including within the industrial sector, has caused lending to companies to increase over the five years to 2019.
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2019
- Product innovation level
Charts
- Products & services segmentation in 2019
- Major market segmentation in 2019
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
To service businesses and individuals throughout the country, operators in the Multiple Banking industry in Mexico have a relatively even distribution of establishments. No si...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2019
Tables
- Number and share of establishments in each region in 2019
- Number and share of revenue each region accounts for in 2019
- Number and share of wages each region accounts for in 2019
- Number and share of employees in each region in 2019
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Accessibility to consumers/users. It is crucial for industry operators to have branches and ATMs located near their customers.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2014-2019
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Founded in 1932 as Banco de Comercio, BBVA Bancomer is a Mexican commercial bank that is headquartered in Ciudad de México and has extensive operations throughout Mexico. The ...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2015 through 2019
- Major companies in the industry, including market share, revenue, profit and profit margin in 2019
- Overview of BBVA Bancomer's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Grupo Financiero Banamex SA de CV's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Grupo Financiero Banorte SAB de CV's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for BBVA Bancomer, and factors influencing its performance in the industry
- Description and key data for Grupo Financiero Banamex SA de CV, and factors influencing its performance in the industry
- Description and key data for Grupo Financiero Banorte SAB de CV, and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Since the Multiple Banking industry in Mexico is vital to the overall health and well-being of the Mexican economy, the industry is heavily regulated by a variety of agencies....
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
Detailed analysis
- Demographic and macroeconomic factors influencing the industry
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2009-2024)
- IVA (2009-2024)
- Establishments (2009-2024)
- Enterprises (2009-2024)
- Employment (2009-2024)
- Exports (2009-2024)
- Imports (2009-2024)
- Wages (2009-2024)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the estimated market size of the Multiple Banking industry in Mexico in 2019?
The market size of the Multiple Banking industry in Mexico is $1.2tr in 2019.
How many businesses are there in the Multiple Banking in Mexico industry in 2019?
There are 50 businesses in the Multiple Banking industry in Mexico, which has declined at a CAGR of 2.1% between 2014 and 2019.
Has the Multiple Banking industry in Mexico grown or declined over the past 5 years?
The market size of the Multiple Banking industry in Mexico has been at a CAGR of 7.1% between 2014 and 2019.
What is the forecast growth of the Multiple Banking industry in Mexico over the next 5 years?
The Multiple Banking in Mexico market is forecast to over the five years from 2019 to 2024
What are the biggest companies in the Multiple Banking market in Mexico?
The biggest companies operating in the Multiple Banking market in Mexico are BBVA Bancomer, Grupo Financiero Banamex SA de CV and Grupo Financiero Banorte SAB de CV
What does the Multiple Banking in Mexico include?
Providing financing to consumers and Providing depository services to consumers and businesses are part of the Multiple Banking industry.
Which companies have the highest market share in the Multiple Banking in Mexico?
The company holding the most market share in Mexico is BBVA Bancomer.
How many people are/were employed in the Multiple Banking in Mexico in 2019?
There are 278k employed in the Multiple Banking industry in Mexico 2019.
Widen your competitive advantage with related industries
Related Domestic Industries
- Operators in this industry provide businesses and individuals with other types of financial services.
- Operators in this industry generally look to multiple banks to provide financing.
Methodology
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Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
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Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
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