Grupo Net Interest Income from 2010 to 2026

SIM Stock  USD 28.98  1.50  4.92%   
Grupo Simec Net Interest Income yearly trend continues to be very stable with very little volatility. Net Interest Income is likely to grow to about 2 B this year. Net Interest Income is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. View All Fundamentals
 
Net Interest Income  
First Reported
2019-03-31
Previous Quarter
274.1 M
Current Value
333.9 M
Quarterly Volatility
167 M
 
Covid
Check Grupo Simec financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Grupo Simec's main balance sheet or income statement drivers, such as Depreciation And Amortization of 786.6 M, Total Revenue of 31.1 B or Gross Profit of 5.3 B, as well as many indicators such as Price To Sales Ratio of 2.58, Dividend Yield of 0.0427 or PTB Ratio of 1.01. Grupo financial statements analysis is a perfect complement when working with Grupo Simec Valuation or Volatility modules.
  
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Check out the analysis of Grupo Simec Correlation against competitors.

Latest Grupo Simec's Net Interest Income Growth Pattern

Below is the plot of the Net Interest Income of Grupo Simec SAB over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. Grupo Simec's Net Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Grupo Simec's overall financial position and show how it may be relating to other accounts over time.
Net Interest Income10 Years Trend
Slightly volatile
   Net Interest Income   
       Timeline  

Grupo Net Interest Income Regression Statistics

Arithmetic Mean442,909,361
Geometric Mean110,347,819
Coefficient Of Variation160.03
Mean Deviation536,657,611
Median67,981,000
Standard Deviation708,797,140
Sample Variance502393.4T
Range2.1B
R-Value0.74
Mean Square Error244255.1T
R-Squared0.54
Significance0.0007
Slope103,545,817
Total Sum of Squares8038294.2T

Grupo Net Interest Income History

2026B
20251.9 B
20241.7 B
2023691.3 M
2022295.9 M
2021-22.2 M
202059.5 M

About Grupo Simec Financial Statements

Grupo Simec investors utilize fundamental indicators, such as Net Interest Income, to predict how Grupo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Interest Income1.9 BB

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When determining whether Grupo Simec SAB is a strong investment it is important to analyze Grupo Simec's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Grupo Simec's future performance. For an informed investment choice regarding Grupo Stock, refer to the following important reports:
Check out the analysis of Grupo Simec Correlation against competitors.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grupo Simec. If investors know Grupo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grupo Simec listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.85)
Earnings Share
1.18
Revenue Per Share
202.198
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0397
The market value of Grupo Simec SAB is measured differently than its book value, which is the value of Grupo that is recorded on the company's balance sheet. Investors also form their own opinion of Grupo Simec's value that differs from its market value or its book value, called intrinsic value, which is Grupo Simec's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grupo Simec's market value can be influenced by many factors that don't directly affect Grupo Simec's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grupo Simec's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grupo Simec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grupo Simec's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.