Lean
A look at Mexico's most efficient bank.
Since 2018, there’s been one bank in Mexico that regularly stands out as the most efficient of them all.
According to regulatory data, Banco Inbursa has consistently reported the lowest (i.e. best) efficiency ratio among commercial banks in the country during the past 6 years. As of 2024, general expenses for Inbursa amounted to $62 billion pesos — a figure equivalent to 24% of the company’s total revenues.
Financial institutions usually use the efficiency ratio as a measure to understand how much they spend in order to generate revenue. In this case, Inbursa would be spending $0.24 to make $1 peso of income.
This ratio was, by far, the lowest across the main commercial banks in the country and 8 percentage points lower than its closest competitor in the ranking (BBVA).
As expected, this has also turned the company into an incredibly profitable machine — ranking as the second most profitable bank in the country, according to its return on assets (ROA) reported at the end of December.
During 2024, Inbursa reported profits of over $25 billion pesos; an amount that beat the bottom-line figures recorded by Banamex, HSBC and Scotiabank, despite holding considerably lower assets than its peers.
At the same time, Banco Inbursa closed 2024 with more than $462 billion pesos in its loan portfolio—a figure equivalent to 6% of the Mexican banking system’s total loans.
However, one of the main strengths of the bank has been its notable strategic focus in certain products and markets.
Within the commercial loan portfolio, Inbursa ranked as the fourth-largest bank in Mexico, with an 8.7% market share — 1.3 percentage points behind Santander. However, it also stood as the second-largest corporate lender in Mexico City and the Estado de México, two of the country’s largest corporate markets.
Aside from Mexico City, the company boasts top-5 level rankings in other important states such as: Yucatán, Puebla and Coahuila. Regions, where the bank has gained some considerable market share during the past 3 years.1