Bolsa Mexicana (BOLSAA) Corporate presentation summary
Event summary combining transcript, slides, and related documents.
Corporate presentation summary
21 Oct, 2026Mexico market backdrop
Mexico ranked the world’s 13th-largest economy; 2025 FDI inflows were $41B, placing it among the top 10 global recipients.
Sep 2026 reference rate was 6.50%, YoY inflation 3.1%, and average USD/MXN was $17.48; 2026E GDP was $2.1T.
Mexican equity market capitalization was ~$580B, ~27% of GDP; the institutional investor base is led by pension funds.
Plan México targets a top-10 global economy by 2030, 100 new industrial parks and 1.5M specialized jobs, with priority sectors including semiconductors, energy and automotive.
Integrated market infrastructure
End-to-end infrastructure spans capital formation, trading, clearing, settlement, custody, market data and analytics across nine integrated business lines.
9M26 debt financing facilitated totaled $511B MXN; long-term issuance was $267B MXN, up 44% YoY, with 18% in ESG debt.
BMV equity trading market share was 81%; 9M26 ADTV was $19.8B MXN, up 14% YoY, versus a 2016–2026 average of $16.1B MXN.
Indeval reported 9M26 revenue of $1,118M MXN, up 8% YoY; average assets under custody were $47.9T MXN.
9M26 financial performance
Revenue was $3,570M MXN, up 7% YoY; Markets revenue was $1,359M, Post-Trade $1,419M and Information Services $609M.
Capital formation revenue was $415M MXN, up 2% YoY; MexDer $115M, up 24%; OTC trading $568M, up 6%; market data $418M, down 1%.
Operating expenses were $1,806M MXN, up 11% YoY; compensation and benefits were $862M, up 13%, and technology expense was $366M, up 11%.
EBITDA margin was 56% in 9M26; ROE was 22%, ROIC 22%, and ROA 18%.
Balance sheet included $3.6B MXN cash and investments, $1.4B MXN liabilities, ~$0 debt and $7.9B MXN shareholders’ equity.
Latest events from Bolsa Mexicana
- Q3 revenue rose 5% as derivatives and custody offset cost, equity and FX pressures.BOLSAA
Q3 2026 - 6M26 revenue rose 8% as trading strengthened and platform upgrades target growth from 2Q27.BOLSAA
Q2 2026 - Revenue up 7% and EBITDA up 6% on strong market activity and digital investments.BOLSAA
Q1 2026 - Q4 2025 net income fell 20% on higher expenses, despite stable revenues and strong equity trading.BOLSAA
Q4 2025 - Q3 2025 revenue up 4%, EBITDA margin at 57%, net income down 4% on higher expenses.BOLSAA
Q3 2025 - Q3 2024 saw double-digit revenue and net income growth, led by trading and FX gains.BOLSAA
Q3 2024 - Q2 2024 net income rose 8% on 6% revenue growth, with strong margins and tech investment.BOLSAA
Q2 2024 - Revenue up 17% and net income up 16% in Q1 2025, with strong margins and segment growth.BOLSAA
Q1 2025 - Double-digit growth in revenue and net income, driven by trading and technology investments.BOLSAA
Q4 2024