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XMEX
GFNORTEO
Market cap32bUSD
Sep 17, Last price  
196.04MXN
1D
0.40%
1Q
3.46%
Jan 2017
91.63%
Name

Grupo Financiero Banorte SAB de CV

Chart & performance

D1W1MN
XMEX:GFNORTEO chart
P/E
9.38
P/S
1.09
EPS
20.90
Div yield, %
8.66%
Shrs. gr., 5y
0.38%
Rev. gr., 5y
28.63%
Revenues
505.93b
+132.03%
43,305,000,00025,283,000,00059,529,000,00032,360,000,00055,540,000,00082,032,000,00066,329,000,00075,423,000,00082,930,000,000103,622,000,000118,845,000,000110,527,000,000129,898,000,000138,053,000,000143,656,000,000160,966,000,000179,544,000,000444,716,000,000218,042,309,000505,927,000,000
Net income
58.79b
+4.63%
6,474,000,0007,136,000,0007,387,000,0006,190,000,0007,362,000,0008,517,000,00010,888,000,00013,508,000,00015,228,000,00017,108,000,00019,308,000,00023,908,000,00031,958,000,00036,528,000,00030,508,000,00035,048,000,00045,408,000,00052,418,000,00056,188,287,00058,788,000,000
CFO
81.43b
+189.98%
5,527,000,0001,451,000,0008,245,000,0006,986,000,0006,107,000,000-5,972,000,00019,058,000,000-8,180,000,00013,852,000,00039,697,000,000-31,556,000,00025,016,000,000-4,544,000,0006,957,000,00054,707,000,00011,134,000,00076,605,000,00051,912,000,00028,082,706,00081,433,000,000
Dividend
May 28, 202610.44883 MXN/sh

Notes

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Profile

Grupo Financiero Banorte, S.A.B. de C.V., along with its various subsidiaries, delivers a broad spectrum of banking and financial services and products throughout Mexico. The company's offerings encompass essential deposit services like payroll accounts, a diverse selection of credit cards, and a range of loan products, including those for automobiles, mortgages, payroll-backed financing, and personal credit. Customers can also access numerous savings and investment solutions. Further extending its reach, Banorte provides a comprehensive suite of insurance policies, such as coverage for life, home, vehicles, health, savings, credit cards, mobile equipment, and mortgage protection. Additionally, it facilitates foreign currency exchange and offers convenient digital banking options through its online and mobile platforms. The institution maintains a significant physical presence, operating an extensive network that includes approximately 1,151 branches, 9,668 automated teller machines (ATMs), and 154,443 point-of-sale (POS) terminals. Grupo Financiero Banorte, S.A.B. de C.V. was founded in 1899 and is headquartered in Mexico City, Mexico.

Key people

Mayra Nelly Lopez Lopez
Executive Director - Accounting
Hector Martin Avila Flores
Head of Legal and Trust, Secretary of the Board of Directors
Managing Director, Risk Management
Carlos de la Isla Corry
Managing Director, Credit · since 2018
Felipe Duarte Olvera
Managing Director - Client Experience
Carlos Eduardo Martinez Gonzalez
Managing Director, Retail Banking · since 2013
Jose Marcos Ramirez Miguel
Chief Executive Officer, Managing Director, Director · since 2014
Managing Director, Wholesale Banking · since 2018
Managing Director - State & Municipal Government Banking
Managing Director - Internal Audit · since 2014
Jorge Eduardo Vega Camargo
Deputy Managing Director - Controller
Javier Beltran Cantu
Managing Director, Administration and Human Resources
Sergio Garcia Robles Gil
Presidential Advisor Regional Boards
Director · since 2004
Chairman of the Board · since 2015
David Juan Villarreal Montemayor
Director · since 1993
Carmen Patricia Armendariz Guerra
Independent Director · since 2009
Independent Director · since 2015
Independent Director · since 2016
Independent Director · since 2013
IPO date
Oct 07, 1992
Employees
31,000
Domiciled in
MX
Incorporated in
MX

Valuation

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