Banco Actinver Institucion De Banca Multiple Grupo Financiero Act (MEX:FEXI21) Net Income: MXN299 Mil (TTM As of Jun. 2024)

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MEX:FEXI21 Banco Actinver SA Institucion De Banca Multiple Grupo Financiero Act MEX:FEXI21
12 GF Score
Price MXN18.00
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What is Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Net Income?

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act MEX:FEXI21 +3.51% 12 Net Income is MXN299 Mil as of Jun. 2024. GuruFocus rates MEX:FEXI21 with a GF Score™ of 12/100.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Net Income for the three months ended in Jun. 2024 was MXN146 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2024 was MXN299 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Earnings per Share (Diluted) for the three months ended in Jun. 2024 was MXN57.65.


Banco Actinver Institucion De Banca Multiple Grupo Financiero Act  (MEX:FEXI21) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Net Income Related Terms


Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Net Income Historical Data

* Premium members only.

The historical data trend for Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Net Income Chart

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Annual Data
Trend Dec22 Dec23
Net Income
403.00 793.00

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Quarterly Data
Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
Net Income Get a 7-Day Free Trial 288.35 191.22 0.00 152.95 146.48
MEX:FEXI21
12GF Score
Banco Actinver SA Institucion De Banca Multiple Grupo Financiero Act MEX:FEXI21
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1078+-285+0+0
=793

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Net Income for the quarter that ended in Jun. 2024 is calculated as

Net Income(Q: Jun. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=205.081+-58.605+0+0
=146

Net Income for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN299 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of MXN299 Mil mean?
Banco Actinver Institucion De Banca Multiple Grupo Financiero Act (MEX:FEXI21) has a Net Income of MXN299 Mil as of Jun. 2024. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Banco Actinver Institucion De Banca Multiple Grupo Financiero Act and its competitors.
Is Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Net Income too high?
Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's current Net Income is MXN299 Mil. Overall, Banco Actinver Institucion De Banca Multiple Grupo Financiero Act has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Net Income compare to PNC and USB?
Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Net Income of MXN299 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Banks company?
A good Net Income depends on the Banks industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Banco Actinver Institucion De Banca Multiple Grupo Financiero Act and its competitors. Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's current Net Income is MXN299 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Actinver Institucion De Banca Multiple Grupo Financiero Act stock overvalued right now?
Banco Actinver Institucion De Banca Multiple Grupo Financiero Act (MEX:FEXI21) has a current Net Income of MXN299 Mil. The current Net Income is MXN299 Mil. Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Banco Actinver Institucion De Banca Multiple Grupo Financiero Act (MEX:FEXI21), the current Net Income is MXN299 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Business Description

Address Montes Urales 620, Piso 01, Colonia Lomas de Chapultepec, Mexico, MEX, MEX, 11000
Banco Actinver SA Institucion De Banca Multiple Grupo Financiero Act is a banking institution based in Mexico.
12GF Score

Get the complete analysis for MEX:FEXI21

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN18.00
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