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NET TRADING INCOME (LOSS)
12 Months Ended
Dec. 31, 2024
Disclosure of net trading income [abstract]  
NET TRADING INCOME (LOSS)

NOTE 29 – NET TRADING INCOME (LOSS)

Net trading income includes income from client driven trading activities primarily conducted in markets, including foreign exchange, credit, rates and equities trading, as follows:

December 31, 

December 31, 

December 31, 

2024

2023

2022

Net trading investment income (1)

 

 

Fixed income (loss) securities

 

Ps.

409,386

Ps.

1,030,809

 

Ps.

(60,797)

Equities

 

579,378

634,274

 

90,568

Total trading investment income

 

Ps.

988,764

Ps.

1,665,083

 

Ps.

29,771

Net derivatives income (loss)

 

 

Net income (loss) on derivatives (2)

 

Ps.

652,933

Ps.

(2,438,841)

 

Ps.

1,503,453

Net other trading (loss) income (3)

 

(237,293)

(142,291)

 

26,402

Total net derivatives income (loss)

 

Ps.

415,640

Ps.

(2,581,132)

 

Ps.

1,529,855

Total net trading income (loss)

 

Ps.

1,404,404

Ps.

(916,049)

 

Ps.

1,559,626

(1)Includes net trading income from investment securities held for trading, that reflects the interest from investment in debt securities, gains/losses from mark-to-market valuation from investment in equity and debt securities and net income from trading activities.
(2)Includes net trading income from derivatives, which reflects the gains/losses from mark-to-market valuation on trading derivatives.
(3)Includes gains/losses from: (i) Net changes in the valuation of hedging derivatives from mark-to-market valuations from unhedged, (ii) the ineffective portion of the hedge, (iii) Transfers of due hedging derivatives from OCI to the Statement of Consolidated of Income.