Fitch raises BanBajio outlook for Banco del Bajio stock

Published on 10/15/2026 at 09:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fitch moved BanBajio's outlook from Stable to Positive on October 2, 2026. Banco del Bajio stock costs EUR 2.80 at Lang & Schwarz on October 15, 2026.

Rating outlook and quarterly results

Fitch Ratings moved BanBajio's outlook from Stable to Positive and affirmed its BB+ rating on October 2, 2026.
Second-quarter revenue reached MXN 10.21 billion and net income was MXN 2.12 billion.
Banco del Bajio stock trades at EUR 2.80 at 9:36 a.m. CEST at Lang & Schwarz on October 15, 2026.

Banco del Bajio, MX41BB000000, Illustration mit AI erstellt.

Banco del Bajio (MX41BB000000) stock was trading at EUR 2.80 at Lang & Schwarz on October 15, 2026, while Fitch Ratings revised the bank's outlook from Stable to Positive and affirmed its BB+ rating on October 2, 2026. The action places credit quality and capital strength ahead of the bank's next quarterly report.

Fitch sees stronger commercial growth

According to Fitch Ratings on October 2, 2026, BanBajio's commercial market share reached 6.3 percent in the second quarter of 2026. Fitch also reported a common equity Tier 1 ratio of 14.7 percent and said the Positive outlook reflects expected strengthening of the bank's commercial profile.

The rating report also identifies a counter-factor. The Stage 3 loan ratio rose to 1.8 percent in the second quarter of 2026 from 1.5 percent at year-end 2025, while operating profit to risk-weighted assets declined to 4.2 percent from a 2022 to 2025 average of 5.3 percent. Fitch said rapid expansion could create execution and asset-quality risks.

What do the second-quarter figures mean?

Banco del Bajio reported second-quarter revenue of MXN 10.21 billion and net income of MXN 2.12 billion. The figures came with basic earnings per share of MXN 1.78, compared with MXN 1.79 expected, while the reported revenue was MXN 10.21 billion versus MXN 10.24 billion expected, according to Investing.com in its July 30, 2026 results table.

October 26 results date

The next scheduled reporting date is October 26, 2026, after the market closes, according to MarketBeat. Its consensus calls for USD 0.0960 in earnings per share and USD 356.26 million in revenue, providing the next measurable test of the expansion story.

Stock price and investor context

For investors, the key tension is visible in the contrast between Fitch's stronger view of capital and the rise in impaired loans. The bank's 14.7 percent CET1 ratio gives expansion room, but the 1.8 percent Stage 3 ratio makes credit quality a central result-day metric. Banco del Bajio was trading at EUR 2.80 at Lang & Schwarz on October 15, 2026 at 9:36 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Banco del Bajio stock.