Banco del Bajío, S.A., Institución de Banca Múltiple (BBAJF) Research

Founded in 1994 and headquartered in León, Mexico, Banco del Bajío, S.A., Institución de Banca Múltiple is a financial institution that delivers a wide array of banking solutions. Its operations are structured across two main divisions: Business Banking and Commercial Banking. The bank offers diverse deposit and savings accounts, alongside a variety of lending options, including short and long-term loans, mortgage financing, personal credit, vehicle loans, and credit cards. Beyond traditional banking, it provides a range of financial instruments, such as short and long-term products, syndicated financing, investment opportunities, and credit and payroll advance services. Additional offerings encompass financial factoring, leasing, securities services, trust administration, and modern digital banking platforms. It also facilitates foreign exchange and derivative transactions, offers insurance coverage, and supplies point-of-sale terminal solutions. Catering to a broad client base, Banco del Bajío serves individuals, small and medium enterprises (SMEs), corporations, government entities, and specific sectors like agriculture, rural development, and infrastructure. As of December 31, 2020, its extensive network included 308 branches and 677 ATMs, spanning 29 Mexican States.

Market snapshot

Symbol
BBAJF
Price
$3.10
Day change
0.00%
Market cap
$66.5B
P/E ratio
6.45x
52-week range
2.235-3.375
Sector
Financial Services
Industry
Banks - Regional
Next earnings
in 1 month

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