Bank profits in Mexico go uphill

The net profit refers to absolute profits after reductions; the private banks that operate in Mexico reached a net profit of 146,310 million pesos as a whole during the month of October 2021; a figure significantly higher than the same month last year.

The net banking profitFurthermore, it spun eight consecutive months with year-on-year increases, consolidating the post-pandemic recovery.

This 48% increase that reached in October was the largest rebound recorded since January 2017.