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XMEX
GFNORTEO
Market cap19bUSD
Apr 04, Last price  
143.93MXN
1D
-6.22%
1Q
4.95%
Jan 2017
40.69%
Name

Grupo Financiero Banorte SAB de CV

Chart & Performance

D1W1MN
P/E
7.20
P/S
1.86
EPS
19.98
Div Yield, %
6.32%
Shrs. gr., 5y
-0.49%
Rev. gr., 5y
9.57%
Revenues
218.04b
+10.85%
20,223,000,00022,294,000,00025,283,000,00030,994,000,00032,360,000,00033,846,000,00042,009,000,00066,329,000,00075,423,000,00082,930,000,00085,620,000,00090,219,000,000110,527,000,000129,898,000,000138,054,000,000143,655,000,000160,966,000,000179,544,000,000196,701,000,000218,042,309,019
Net income
56.19b
+7.19%
6,286,000,0006,168,000,0007,136,000,0007,387,000,0006,190,000,0007,362,000,0009,569,000,00010,888,000,00013,508,000,00015,228,000,00017,108,000,00019,308,000,00023,908,000,00031,958,000,00036,528,000,00030,508,000,00035,048,000,00045,408,000,00052,418,000,00056,188,287,350
CFO
28.08b
-45.90%
-96,000,0003,023,000,0001,451,000,0008,251,000,0006,986,000,0006,107,000,000-978,000,00019,058,000,000-8,180,000,00013,852,000,00039,697,000,000-31,556,000,00025,016,000,000-4,544,000,0006,957,000,00054,707,000,00011,134,000,00076,605,000,00051,912,000,00028,082,706,428
Dividend
Jun 27, 20249.08948 MXN/sh
Earnings
Apr 14, 2025

Profile

Grupo Financiero Banorte, S.A.B. de C.V., through its subsidiaries, provides banking and financial products and services in Mexico. The company offers payroll accounts and credit cards; car, mortgage, payroll, and personal credit banorte; and savings and investment products. It also provides insurance products, including life, home, auto, health, savings, credit card, mobile equipment, and mortgage credit insurance; foreign exchange services; and online and mobile banking services. The company operates through a network of approximately 1,151 branches, 9,668 ATMs, and 154,443 point of sale terminals. Grupo Financiero Banorte, S.A.B. de C.V. was founded in 1899 and is based in Mexico City, Mexico.
URL
https://www.banorte.com/
IPO date
Oct 07, 1992
Employees
31,000
Domiciled in
MX
Incorporated in
MX

Valuation

Title
MXN in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2024‑122023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑12
Income
Revenues
218,042,309
10.85%
196,701,000
9.56%
179,544,000
11.54%
Cost of revenue
54,625,194
11,524,000
10,829,000
Unusual Expense (Income)
NOPBT
163,417,115
185,177,000
168,715,000
NOPBT Margin
74.95%
94.14%
93.97%
Operating Taxes
19,126,529
17,832,000
15,963,000
Tax Rate
11.70%
9.63%
9.46%
NOPAT
144,290,586
167,345,000
152,752,000
Net income
56,188,287
7.19%
52,418,000
15.44%
45,408,000
29.56%
Dividends
(35,937,835)
(37,704,000)
(34,283,000)
Dividend yield
9.52%
7.70%
8.48%
Proceeds from repurchase of equity
(16,540,893)
(3,988,000)
(5,810,000)
BB yield
4.38%
0.81%
1.44%
Debt
Debt current
Long-term debt
125,455,000
Deferred revenue
Other long-term liabilities
(125,455,000)
Net debt
(1,117,058,034)
(591,670,000)
(409,086,000)
Cash flow
Cash from operating activities
28,082,706
51,912,000
76,605,000
CAPEX
(8,271,506)
(9,064,000)
(11,791,000)
Cash from investing activities
(3,969,958)
(4,264,000)
(9,926,000)
Cash from financing activities
(25,939,360)
(55,523,000)
(57,212,000)
FCF
185,511,775
154,174,000
131,056,000
Balance
Cash
98,704,453
100,230,000
108,254,000
Long term investments
1,018,353,581
491,440,000
426,287,000
Excess cash
1,106,155,919
581,834,950
525,563,800
Stockholders' equity
461,470,253
170,768,000
163,162,000
Invested Capital
2,009,738,557
2,104,091,000
1,900,139,000
ROIC
7.01%
8.36%
8.57%
ROCE
6.61%
8.14%
8.18%
EV
Common stock shares outstanding
2,809,414
2,862,677
2,883,457
Price
134.36
-21.47%
171.10
22.01%
140.24
5.43%
Market cap
377,472,914
-22.93%
489,804,040
21.13%
404,375,953
5.43%
EV
(740,566,934)
(102,013,960)
(1,721,047)
EBITDA
168,668,457
189,662,000
173,083,000
EV/EBITDA
Interest
266,073,308
248,015,000
152,469,000
Interest/NOPBT
162.82%
133.93%
90.37%