Retail investors don't have a lot of options when it comes to trying to benefit from the growth in the Mexican banking industry. Of the five largest banks in Mexico, only Grupo Financiero Santander Mexico (BSMX), or Santander Mexico for short, trades independently in the U.S. It isn't just scarcity that makes Santander Mexico stand out, though, as the company is also one of the leaders in consumer and commercial lending in Mexico, as well as one of the best-run banks in the market.
In addition to quality, Santander Mexico shares offer pretty solid value at today's price. While the stock is near the high end of its P/E ratio, it's not unreasonable relative to growth. Likewise,...
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