Boost Research
Low GDP Growth and an Emboldened AMLO; Bad News for Mexican Banks
We see AMLO's emboldened populist project as a clear threat to bank sector returns Loan growth is slowing, in part as a consequence of sluggish...
652 Views
Mexican Banks – BanBajio Back in the Spotlight
We re-instate BanBajio as a buy in Mexican banks due to compelling valuations and, more importantly, positive credit quality catalysts; it stands...
193 Views
Mexican Banks – Stick with Buy on BanBajio (BBAJIO:MM), Closing Out the Short on Banorte
​We maintain buy on BanBajio, close short on Banorte with the PBV discount narrowing due to Banorte price action. BanBajio's underwhelming 2Q...
416 Views
Mexican Banks – BanBajio (BBAJIO:MM) Remains the Value Play
​We keep our pairs trade long on scorecard top-rated BanBajio and short on Banorte, removing BanRegio from the buy list. BanBajio's PBV ratio...
579 Views
Banorte Ranks Attractively Based on Mexican Banks’ July Data
Mexican equities generally lie in the out-of-favour, value category and we focus in on Mexican banks, based on the July 2020 data trends Banorte...
522 Views