BBVA México is the largest Mexican financial institution (2024), having about 26.7%, of the market.[2] Founded in 1932 as Banco de Comercio (Bancomer), and rebranded from 2000 to 2019 as BBVA Bancomer,[3] its main stockholder is the Spanish bank BBVA.[4] Its headquarters are located at the Torre BBVA México on Paseo de la Reforma in Mexico City.
By the end of 2024, BBVA Mexico was the largest financial group in the country, with a network of 1,691 branches and 14,439 ATMs distributed throughout the country's 32 states,[1] with a 26.7% market share.[2]