Bolsa Mexicana De Valores, S.A.B. De C.V. Reports Earnings Results for the Third Quarter Ended September 30, 2020
October 13, 2020 at 03:04 pm EDT
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Bolsa Mexicana de Valores, S.A.B. De C.V. Announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was MXN 961.663 million compared to MXN 933.745 million a year ago. Operating income was MXN 521.836 million compared to MXN 501.616 million a year ago. Net income was MXN 346.255 million compared to MXN 368.585 million a year ago. For the nine months, total revenue was MXN 2,959.312 million compared to MXN 2,663.030 million a year ago. Operating income was MXN 1,644.067 million compared to MXN 1,402.718 million a year ago. Net income was MXN 1,167.989 million compared to MXN 1,027.880 million a year ago.
Bolsa Mexicana De Valores SAB de CV (BMV) is a Mexico-based company engaged in the financial market operations. The Company's activities are divided into six business segments: Stock Exchange, operating the Mexican stock exchange; Derivatives, listing and trading future and option contracts; Brokerage, providing brokerage services for securities enrolled in the National Securities Registry; Settlements, offering clearing and settlement services for financial and commodities derivatives and securities transactions; Custody, providing custody services related to securities clearing and settlement, and Others, including news and information technology (IT) services, among others. The Company operates through a number of subsidiaries, such as Contraparte Central de Valores de Mexico SA de CV (CCV), Mercado Mexicano de Derivados SA de CV (MexDer), SIF ICAP SA de CV (SIF ICAP) and Valuacion Operativa y Referencias de Mercado SA de CV (Valmer).