Banking in Mexico
Summary
Banking in Mexico industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Banking in Mexico industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The banking industry involves the activities of banks and similar institutions that offer financial services such as savings, loans, mortgages, and related services to businesses and consumers. Market value represents the total assets held by banks or related institutions in a country in a year. The market share represents the total assets held by the companies in the specific year. Geographical segmentation measures the total assets held by commercial banks of a particular region.
- The Mexican banking industry recorded assets of $681.3 billion in 2025, representing a compound annual growth rate (CAGR) of 10.3% between 2020 and 2025.
- The bank credit segment accounted for the industry's largest proportion in 2025, with total assets of $454.2 billion, equivalent to 66.7% of the industry's overall value.
- The growth of the Mexican banking industry is driven by the expanding economy, which fuels demand for credit, deposits, and other banking services. Economic expansion increases the need for loans for investment, business growth, and consumer spending, resulting in higher bank revenues.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banking market in Mexico
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banking market in Mexico
- Leading company profiles reveal details of key banking market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Mexico banking market with five year forecasts
- What was the size of the Mexico banking market by value in 2025?
- What will be the size of the Mexico banking market in 2030?
- What factors are affecting the strength of competition in the Mexico banking market?
- How has the market performed over the last five years?
- Who are the top competitors in Mexico's banking market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
2.3. Regulatory landscape
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What are the strategies of the leading players?
7.4. What are the recent trends in the Mexican banking industry?
7.5. What are the recent developments in the industry?
8 COMPANY PROFILES
8.1. Grupo Financiero Banorte SAB de CV
8.2. Banco Santander Mexico SA
8.3. HSBC Mexico SA
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
2.3. Regulatory landscape
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What are the strategies of the leading players?
7.4. What are the recent trends in the Mexican banking industry?
7.5. What are the recent developments in the industry?
8 COMPANY PROFILES
8.1. Grupo Financiero Banorte SAB de CV
8.2. Banco Santander Mexico SA
8.3. HSBC Mexico SA
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: Mexico banking industry value: $ billion, 2020-25
Table 2: Mexico banking industry category segmentation: % share, by value, 2020-25
Table 3: Mexico banking industry category segmentation: $ billion, 2020-25
Table 4: Mexico banking industry geography segmentation: $ billion, 2025
Table 5: Mexico banking industry value forecast: $ billion, 2025-30
Table 6: Mexico banking industry share: % share, by value, 2025
Table 7: Grupo Financiero Banorte SAB de CV: Key Facts
Table 8: Grupo Financiero Banorte SAB de CV: Annual Financial Ratios
Table 9: Grupo Financiero Banorte SAB de CV: Key Employees
Table 10: Banco Santander Mexico SA: Key Facts
Table 11: Banco Santander Mexico SA: Key Employees
Table 12: HSBC Mexico SA: Key Facts
Table 13: HSBC Mexico SA: Key Employees
Table 14: Mexico Size of Population (Million), 2021-25
Table 15: Mexico Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 16: Mexico GDP (Current Prices, $ Billion), 2021-25
Table 17: Mexico Inflation, 2021-25
Table 18: Mexico Consumer Price Index (Absolute), 2021-25
Table 19: Mexico Exchange Rate, 2020-25
Table 1: Mexico banking industry value: $ billion, 2020-25
Table 2: Mexico banking industry category segmentation: % share, by value, 2020-25
Table 3: Mexico banking industry category segmentation: $ billion, 2020-25
Table 4: Mexico banking industry geography segmentation: $ billion, 2025
Table 5: Mexico banking industry value forecast: $ billion, 2025-30
Table 6: Mexico banking industry share: % share, by value, 2025
Table 7: Grupo Financiero Banorte SAB de CV: Key Facts
Table 8: Grupo Financiero Banorte SAB de CV: Annual Financial Ratios
Table 9: Grupo Financiero Banorte SAB de CV: Key Employees
Table 10: Banco Santander Mexico SA: Key Facts
Table 11: Banco Santander Mexico SA: Key Employees
Table 12: HSBC Mexico SA: Key Facts
Table 13: HSBC Mexico SA: Key Employees
Table 14: Mexico Size of Population (Million), 2021-25
Table 15: Mexico Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 16: Mexico GDP (Current Prices, $ Billion), 2021-25
Table 17: Mexico Inflation, 2021-25
Table 18: Mexico Consumer Price Index (Absolute), 2021-25
Table 19: Mexico Exchange Rate, 2020-25
LIST OF FIGURES
Figure 1: Mexico banking industry value: $ billion, 2020-25
Figure 2: Mexico banking industry category segmentation: $ billion, 2020-25
Figure 3: Mexico banking industry geography segmentation: % share, by value, 2025
Figure 4: Mexico banking industry value forecast: $ billion, 2025-30
Figure 5: Forces driving competition in the banking industry in Mexico, 2025
Figure 6: Drivers of buyer power in the banking industry in Mexico, 2025
Figure 7: Drivers of supplier power in the banking industry in Mexico, 2025
Figure 8: Factors influencing the likelihood of new entrants in the banking industry in Mexico, 2025
Figure 9: Factors influencing the threat of substitutes in the banking industry in Mexico, 2025
Figure 10: Drivers of degree of rivalry in the banking industry in Mexico, 2025
Figure 11: Mexico banking industry share: % share, by value, 2025
Figure 1: Mexico banking industry value: $ billion, 2020-25
Figure 2: Mexico banking industry category segmentation: $ billion, 2020-25
Figure 3: Mexico banking industry geography segmentation: % share, by value, 2025
Figure 4: Mexico banking industry value forecast: $ billion, 2025-30
Figure 5: Forces driving competition in the banking industry in Mexico, 2025
Figure 6: Drivers of buyer power in the banking industry in Mexico, 2025
Figure 7: Drivers of supplier power in the banking industry in Mexico, 2025
Figure 8: Factors influencing the likelihood of new entrants in the banking industry in Mexico, 2025
Figure 9: Factors influencing the threat of substitutes in the banking industry in Mexico, 2025
Figure 10: Drivers of degree of rivalry in the banking industry in Mexico, 2025
Figure 11: Mexico banking industry share: % share, by value, 2025
