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Bank Of America Mexico Inst De Bca Multiple S.A. (Mexico)

Main Activities: Commercial Banking
Full name: Bank Of America Mexico Inst De Bca Multiple S.A. Profile Updated: June 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Bank of America is a commercial banking institution that started operations in Mexico in 1954. In October 2004 Bank of America and Fleet Boston Financial merged, integrating Bank Boston Mexico to Bank of America Mexico. In December, 2010 the Ministry of Finance approved the merger of Grupo Financiero Bank of America, Banc of America Securities, Casa de Bolsa S.A de CV, Continental Servicios Corporativos S.A de C.V and Bank of America Mexico S.A multiple banking Institution, the last in operation as the merged entity.

Headquarters
Pedregal No. 24, piso 22, Col. Molino del Rey,
Mexico City - Miguel Hidalgo; Federal District of Mexico City; Postal Code: 11040

Contact Details: Purchase the Bank Of America Mexico Inst De Bca Multiple S.A. report to view the information.

Website: http://www.bankofamerica.com.mx

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
March 31, 1995
Key Executives
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Chief Human Resources Officer
Ownership Details
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100%
Company Performance
Financial values in the chart are available after Bank Of America Mexico Inst De Bca Multiple S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MXN. Absolute financial data is included in the purchased report.
Net interest income
53.52%
Net fee and commission income
6.39%
Operating profit (EBIT)
28.11%
Net Profit (Loss) for the Period
28.23%
Total assets
-8.73%
Deposits from customers
10.51%
Total equity
18.36%
Total Assets Trend
N/A
Net Interest Income Trend
-4.23%
Cost to Income Ratio
-9.79%
Loans to Deposits Ratio
13.53%
Loans to Asset Ratio
6.35%

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