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XMEXGFNORTEO
Market cap19bUSD
Dec 20, Last price  
137.49MXN
1D
3.80%
1Q
1.39%
Jan 2017
34.40%
Name

Grupo Financiero Banorte SAB de CV

Chart & Performance

D1W1MN
XMEX:GFNORTEO chart
P/E
7.38
P/S
1.97
EPS
18.63
Div Yield, %
9.75%
Shrs. gr., 5y
-0.13%
Rev. gr., 5y
8.65%
Revenues
196.70b
+9.56%
20,223,000,00022,294,000,00025,283,000,00030,994,000,00032,360,000,00033,846,000,00042,009,000,00066,329,000,00075,423,000,00082,930,000,00085,620,000,00090,219,000,000110,527,000,000129,898,000,000138,054,000,000143,655,000,000160,966,000,000179,544,000,000196,701,000,000
Net income
52.42b
+15.44%
6,286,000,0006,168,000,0007,136,000,0007,387,000,0006,190,000,0007,362,000,0009,569,000,00010,888,000,00013,508,000,00015,228,000,00017,108,000,00019,308,000,00023,908,000,00031,958,000,00036,528,000,00030,508,000,00035,048,000,00045,408,000,00052,418,000,000
CFO
51.91b
-32.23%
-96,000,0003,023,000,0001,451,000,0008,251,000,0006,986,000,0006,107,000,000-978,000,00019,058,000,000-8,180,000,00013,852,000,00039,697,000,000-31,556,000,00025,016,000,000-4,544,000,0006,957,000,00054,707,000,00011,134,000,00076,605,000,00051,912,000,000
Dividend
Jun 27, 20249.08948 MXN/sh
Earnings
Jan 15, 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
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑122014‑12
Income
Revenues
196,701,000
9.56%
179,544,000
11.54%
160,966,000
12.05%
Cost of revenue
11,524,000
10,829,000
12,193,000
Unusual Expense (Income)
NOPBT
185,177,000
168,715,000
148,773,000
NOPBT Margin
94.14%
93.97%
92.43%
Operating Taxes
17,832,000
15,963,000
10,556,000
Tax Rate
9.63%
9.46%
7.10%
NOPAT
167,345,000
152,752,000
138,217,000
Net income
52,418,000
15.44%
45,408,000
29.56%
35,048,000
14.88%
Dividends
(37,704,000)
(34,283,000)
(16,759,000)
Dividend yield
7.70%
8.48%
4.37%
Proceeds from repurchase of equity
(3,988,000)
(5,810,000)
BB yield
0.81%
1.44%
Debt
Debt current
Long-term debt
125,455,000
140,503,000
Deferred revenue
Other long-term liabilities
(125,455,000)
(140,503,000)
Net debt
(591,670,000)
(409,086,000)
(340,048,000)
Cash flow
Cash from operating activities
51,912,000
76,605,000
11,134,000
CAPEX
(9,064,000)
(11,791,000)
(4,523,000)
Cash from investing activities
(4,264,000)
(9,926,000)
(1,182,000)
Cash from financing activities
(55,523,000)
(57,212,000)
(20,448,000)
FCF
154,174,000
131,056,000
158,475,000
Balance
Cash
100,230,000
108,254,000
98,842,000
Long term investments
491,440,000
426,287,000
381,709,000
Excess cash
581,834,950
525,563,800
472,502,700
Stockholders' equity
170,768,000
163,162,000
183,087,000
Invested Capital
2,104,091,000
1,900,139,000
1,666,178,000
ROIC
8.36%
8.57%
8.42%
ROCE
8.14%
8.18%
8.04%
EV
Common stock shares outstanding
2,862,677
2,883,457
2,883,457
Price
171.10
22.01%
140.24
5.43%
133.02
21.00%
Market cap
489,804,040
21.13%
404,375,953
5.43%
383,557,396
21.00%
EV
(102,013,960)
(1,721,047)
46,515,396
EBITDA
189,662,000
173,083,000
151,363,000
EV/EBITDA
0.31
Interest
248,015,000
152,469,000
40,772,000
Interest/NOPBT
133.93%
90.37%
27.41%