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Grupo Financiero Banorte SAB de CV
$9.94
Apr 22, 8:10:00 PM GMT-4 · USD · OTCMKTS · Disclaimer
StockUS listed security
Previous close
$10.00
Day range
$9.94 - $10.41
Year range
$7.52 - $11.35
Market cap
525.47B MXN
Avg Volume
39.85K
P/E ratio
-
Dividend yield
-
Primary exchange
BMV
CDP Climate Change Score
B
Market news
Financials
Income Statement
Revenue
Net income
(MXN)Dec 2023Y/Y change
Revenue
31.30B14.75%
Operating expense
14.62B19.88%
Net income
13.04B12.52%
Net profit margin
41.68-1.93%
Earnings per share
4.00-80.10%
EBITDA
Effective tax rate
23.01%
Total assets
Total liabilities
(MXN)Dec 2023Y/Y change
Cash and short-term investments
164.48B14.96%
Total assets
2.27T9.89%
Total liabilities
2.03T10.63%
Total equity
249.20B
Shares outstanding
2.87B
Price to book
0.11
Return on assets
2.31%
Return on capital
Net change in cash
(MXN)Dec 2023Y/Y change
Net income
13.04B12.52%
Cash from operations
-7.71B-137.33%
Cash from investing
-1.99B74.88%
Cash from financing
739.29M-80.68%
Net change in cash
-8.99B-154.47%
Free cash flow
About
Grupo Financiero Banorte, S.A.B. de C.V., doing business as Banorte and as Ixe, is a Mexican banking and financial services holding company with headquarters in Monterrey and Mexico City. It is one of the four largest commercial banks of Mexico by assets and loans, and the largest retirement fund administrator. Grupo Financiero Banorte operates its commercial bank under the brands Banorte and Ixe, offering savings accounts, credit cards, payday loans, mortgages, commercial loans and auto loans. Its performing loan portfolio was of US$35 billion in 2014. It also performs insurance, pension, leasing, and brokerage activities. Banorte has 1,269 branches and 7,297 ATMs nationwide. It can also receive deposits through more than 5,200 commercial establishments, such as drug stores, convenience stores, and supermarkets. Grupo Financiero Banorte is listed on the Mexican Stock Exchange, on the Latibex, and on the U.S. OTC securities market through ADRs. It is a constituent of the IPC, the main benchmark index of the Mexican Stock Exchange, and of the S&P Latin America 40, which includes leading, blue chip companies from Latin America. Wikipedia
Founded
1899
Employees
32,392
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