Grupo Financiero Banorte, S.A.B. de C.V. (BMV:GFNORTEO)
Mexico · Delayed Price · Currency is MXN | Market Cap | 460.25B |
| Revenue (ttm) | 134.12B |
| Net Income (ttm) | 57.87B |
| Shares Out | 2.79B |
| EPS (ttm) | 20.69 |
| PE Ratio | 7.98 |
| Forward PE | 7.65 |
| Dividend | 3.55 (2.15%) |
| Ex-Dividend Date | May 2, 2025 |
| Volume | 3,630,347 |
| Average Volume | 5,693,854 |
| Open | 168.89 |
| Previous Close | 168.12 |
| Day's Range | 164.51 - 168.89 |
| 52-Week Range | 130.04 - 180.82 |
| Beta | 0.28 |
| RSI | 47.62 |
| Earnings Date | Jul 23, 2025 |
About Grupo Financiero Banorte
Grupo Financiero Banorte, S.A.B. de C.V., through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. It offers retail banking services, including checking and deposit accounts; credit and debit cards; and mortgage, car, payroll, and personal loans; SME loans; payroll accounts; and car, home, life, and SME insurance. The company also provides wholesale banking services, such as structured loans, syndicated loans, leveraged acquisitions, investment planning, and cash management... [Read more]
Financial Performance
In 2024, Grupo Financiero Banorte's revenue was 128.24 billion, an increase of 8.55% compared to the previous year's 118.14 billion. Earnings were 56.19 billion, an increase of 7.19%.
Financial StatementsNews
Grupo Financiero Banorte: Attractive Valuation For An Industry Leader
Grupo Financiero Banorte, S.A.B. de C.V. (GBOOY) Q2 2025 Earnings Call Transcript
Grupo Financiero Banorte, S.A.B. de C.V. (OTCQX:GBOOY) Q2 2025 Earnings Conference Call July 23, 2025 11:00 AM ET Company Participants Tomás Lozano - Executive Director of Corp. Dev.
Banorte: A Rally With Good Fundamental Backing
Banorte has been on a tear this year. The fundamental backdrop remains supportive. Plenty of reward still on offer for patient investors.
Grupo Financiero Banorte, S.A.B. de C.V. (GBOOY) Q1 2025 Earnings Call Transcript
Grupo Financiero Banorte, S.A.B. de C.V. (OTCQX:GBOOY) Q1 2025 Earnings Conference Call April 23, 2025 11:00 AM ET Company Participants Tomas Lozano - Head-Investor Relations, Corporate Development, F...
GRUPO FINANCIERO BANORTE to Present at the Banking Virtual Investor Conference March 6th
Company invites individual and institutional investors, as well as advisors and analysts, to attend online at VirtualInvestorConferences.com Company invites individual and institutional investors, as ...
Grupo Financiero Banorte: Sit And Wait For The Re-Rate
Grupo Financiero Banorte has been unfairly penalized for events outside of its control. But the overhang is starting to clear and a big re-rating could be on the cards. Patient investors get paid a we...
Grupo Financiero Banorte: 9% Dividend Yield For Whoever Can Handle The Geopolitical Risks
The uncertainty created by the frosty relations between Mexico and the US will likely lead to further Mexican Peso depreciation. The interest rate differential change in 2025 is also unfavorable for t...
Grupo Financiero Banorte, S.A.B. de C.V. (GBOOY) Q4 2024 Earnings Call Transcript
Grupo Financiero Banorte, S.A.B. de C.V. (OTCQX:GBOOY) Q4 2024 Earnings Conference Call January 29, 2024 10:00 AM ET Company Participants Tomás Lozano - Head, IR, Corporate Development, Financial Plan...
Grupo Financiero Banorte, S.A.B. de C.V. (GBOOY) Q3 2024 Earnings Call Transcript
Grupo Financiero Banorte, S.A.B. de C.V. (GBOOY) Q3 2024 Earnings Call Transcript
Banorte: Mexico's Banking Leader Is Available At A Deep Discount
Banorte hasn't been immune from Mexico's post-election selloff. It has, however, been overly penalized. Get paid an 10+% yield to sit and wait.
Carlos Hank González, Chairman of Grupo Financiero Banorte, receives the Most Honored Company award from Institutional Investor
Grupo Financiero Banorte is recognized, for a third year in a row, as "Most Honored Company" in the 2024 annual ranking of Institutional Investor GFNorte reached first place in the next categories amo...
Grupo Financiero Banorte, S.A.B. de C.V. (GBOOY) Q2 2024 Earnings Call Transcript
Grupo Financiero Banorte, S.A.B. de C.V. (OTCQX:GBOOY) Q2 2024 Results Conference Call July 24, 2024 11:00 AM ET Company Participants Tomas Lozano - Head of Corporate Development, Investor Relations M...
Grupo Financiero Banorte Digital Strategy Analysis Report 2024: Accelerators, Incubators, and Other Innovation Programs
Dublin, July 08, 2024 (GLOBE NEWSWIRE) -- The "Grupo Financiero Banorte - Digital transformation strategies" company profile has been added to ResearchAndMarkets.com's offering. This report provides i...
Banorte: Growth From Almost Everywhere
Banorte is a diversified bank that over the past three years has comfortably outperformed both the local market and the S&P 500. The bank is exhibiting sustainable growth in ROE, book value, and NII. ...
Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF) Q1 2024 Earnings Call Transcript
Grupo Financiero Banorte, S.A.B. de C.V. (OTCQX:GBOOF) Q1 2024 Earnings Call Transcript April 17, 2024 11:00 AM ET Company Participants Tomas Lozano - Head of Corporate Development, Investor Relations...
Grupo Financiero Banorte, S.A.B. de C.V. (GBOOY) Q4 2023 Earnings Call Transcript
Grupo Financiero Banorte, S.A.B. de C.V. (GBOOY) Q4 2023 Earnings Call Transcript
Mexico's Banorte posts 13% profit jump in Q4 pushed by loan growth
Mexico's Grupo Financiero Banorte reported on Wednesday a 13% increase in its fourth-quarter net profit, driven by loan growth, a decline in interest expense and lower funding costs.
Banorte: Riding The Mexican Momentum
Banorte has defied earnings expectations in recent quarters. Management is also making all the right moves to limit any rate-driven normalization impact ahead. The stock may have re-rated into year-en...
Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF) Q3 2023 Earnings Call Transcript
Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF) Q3 2023 Earnings Call Transcript
Grupo Financiero Banorte: Rate Cuts Loom, But There's Still Cause For Optimism
Banorte has begun to reset its rate-sensitive balance sheet as Mexico inches closer to its rate cut cycle. Margins will inevitably compress, but the bank has multiple levers to mitigate the impact and...
Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF) Q2 2023 Earnings Call Transcript
Grupo Financiero Banorte, S.A.B. de C.V. (OTCQX:GBOOF) Q2 2023 Earnings Conference Call July 21, 2023 11:00 AM ET Company Participants Tomás Lozano - Head, Corporate Development, Investor Relations an...
Mexico's Banorte posts profit boost on insurance, trading units
Mexico's Grupo Financiero Banorte reported on Thursday a 14% increase in second-quarter net profit, hitting 13.09 billion pesos ($764.68 million) on better results in its insurance and annuities and t...
Brazil's Market Likes the New Lula. 6 Stocks to Play.
The catalyst for the market's upturn is a set of fiscal rules by Brazil's president to fix recurring budget deficits. Investors were pleased.
Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF) Q1 2023 Earnings Call Transcript
Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF) Q1 2023 Earnings Call Transcript.
Mexico's Banorte to add 800 jobs to tap into nearshoring
Mexican lender Grupo Financiero Banorte is preparing to hire 800 new employees to tap into growing demand from global companies moving their manufacturing operations to Mexico, its chairman told Reute...