Banco Actinver (MEX:FSITES20) Net Income: MXN613 Mil (TTM As of Jun. 2024)

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MEX:FSITES20 Banco Actinver SA MEX:FSITES20
40 GF Score
Price MXN26.00
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What is Banco Actinver Net Income?

Banco Actinver MEX:FSITES20 40 Net Income is MXN613 Mil as of Jun. 2024. GuruFocus rates MEX:FSITES20 with a GF Score™ of 40/100.

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'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 MXN613 Mil.

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


Banco Actinver  (MEX:FSITES20) 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'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 Net Income Related Terms


Banco Actinver Net Income Historical Data

* Premium members only.

The historical data trend for Banco Actinver'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 Net Income Chart

Banco Actinver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 452.00 3.00 200.00 403.00 793.00

Banco Actinver Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 191.22 141.60 171.82 152.95 146.48
MEX:FSITES20
40GF Score
Banco Actinver SA MEX:FSITES20
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Banco Actinver 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'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'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 MXN613 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 MXN613 Mil mean?
Banco Actinver (MEX:FSITES20) has a Net Income of MXN613 Mil as of Jun. 2024. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Banco Actinver and its competitors.
Is Banco Actinver's Net Income too high?
Banco Actinver's current Net Income is MXN613 Mil. Overall, Banco Actinver has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Banco Actinver's Net Income compare to competitors?
Banco Actinver's Net Income of MXN613 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Net Income depends on the Asset Management 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 and its competitors. Banco Actinver's current Net Income is MXN613 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 stock overvalued right now?
Banco Actinver (MEX:FSITES20) has a current Net Income of MXN613 Mil. The current Net Income is MXN613 Mil. Banco Actinver's overall GF Score™ is 40/100. 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 (MEX:FSITES20), the current Net Income is MXN613 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 Business Description

Address Montes Urales No. 620, IV Section, Colonia Lomas de Chapultepec, Mayor's Office Miguel Hidalgo, Mexico City, MEX, 11000
Banco Actinver SA is a provider of investment advisory services in Mexico. The company specializes in wealth management and corporate and private banking. Its products include investment funds, credits, insurance, lease, trust, and asset management. Its segments include Investment fund management, Treasury, and investment banking, Brokerage, Credit and corporate activities, Leasing, and Others.
40GF Score

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

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