Grupo Financiero Banorte, S.A.B. de C.V. (BMV:GFNORTEO)
Mexico
· Delayed Price · Currency is MXN 159.79
+2.53 (1.61%)
Apr 23, 2025, 1:59 PM CST
Grupo Financiero Banorte Income Statement
Financials in millions MXN. Fiscal year is January - December.
Millions MXN. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Interest Income on Loans | 419,033 | 405,433 | 375,497 | 268,628 | 134,725 | 133,593 | Upgrade
|
| Interest Paid on Deposits | 278,370 | 266,073 | 248,015 | 152,469 | 40,772 | 47,898 | Upgrade
|
| Net Interest Income | 140,663 | 139,360 | 127,482 | 116,159 | 93,953 | 85,695 | Upgrade
|
| Net Interest Income Growth (YoY) | 7.76% | 9.32% | 9.75% | 23.64% | 9.64% | 4.74% | Upgrade
|
| Other Non-Interest Income | 10,657 | 8,419 | 6,603 | 1,516 | 7,160 | 18,191 | Upgrade
|
| Total Non-Interest Income | 10,657 | 8,419 | 6,603 | 1,516 | 7,160 | 18,191 | Upgrade
|
| Non-Interest Income Growth (YoY) | 28.97% | 27.50% | 335.55% | -78.83% | -60.64% | -18.50% | Upgrade
|
| Revenues Before Loan Losses | 151,320 | 147,779 | 134,085 | 117,675 | 101,113 | 103,886 | Upgrade
|
| Provision for Loan Losses | 20,118 | 19,536 | 15,942 | 11,881 | 11,351 | 21,930 | Upgrade
|
| Revenue | 131,202 | 128,243 | 118,143 | 105,794 | 89,762 | 81,956 | Upgrade
|
| Revenue Growth (YoY) | 7.76% | 8.55% | 11.67% | 17.86% | 9.53% | -7.70% | Upgrade
|
| Selling, General & Administrative | 56,065 | 54,625 | 48,582 | 44,772 | 45,940 | 43,013 | Upgrade
|
| Total Non-Interest Expense | 54,492 | 52,912 | 47,169 | 43,806 | 43,667 | 41,010 | Upgrade
|
| EBT Excluding Unusual Items | 76,711 | 75,331 | 70,974 | 61,988 | 46,095 | 40,946 | Upgrade
|
| Pretax Income | 76,711 | 75,331 | 70,974 | 61,988 | 46,095 | 40,946 | Upgrade
|
| Income Tax Expense | 19,353 | 19,127 | 17,832 | 15,963 | 10,556 | 10,049 | Upgrade
|
| Earnings From Continuing Operations | 57,357 | 56,204 | 53,142 | 46,025 | 35,539 | 30,897 | Upgrade
|
| Minority Interest in Earnings | -89.33 | -16 | -724 | -617 | -491 | -389 | Upgrade
|
| Net Income | 57,268 | 56,188 | 52,418 | 45,408 | 35,048 | 30,508 | Upgrade
|
| Net Income to Common | 57,268 | 56,188 | 52,418 | 45,408 | 35,048 | 30,508 | Upgrade
|
| Net Income Growth | 6.83% | 7.19% | 15.44% | 29.56% | 14.88% | -16.48% | Upgrade
|
| Basic Shares Outstanding | 2,840 | 2,849 | 2,863 | 2,863 | 2,867 | 2,851 | Upgrade
|
| Diluted Shares Outstanding | 2,840 | 2,849 | 2,863 | 2,883 | 2,883 | 2,883 | Upgrade
|
| Shares Change (YoY) | -3.84% | -0.46% | -0.72% | - | - | 0.16% | Upgrade
|
| EPS (Basic) | 20.17 | 19.72 | 18.31 | 15.86 | 12.23 | 10.70 | Upgrade
|
| EPS (Diluted) | 20.17 | 19.72 | 18.31 | 15.75 | 12.15 | 10.58 | Upgrade
|
| EPS Growth | 11.10% | 7.69% | 16.28% | 29.56% | 14.88% | -16.61% | Upgrade
|
| Dividend Per Share | 3.555 | 3.555 | 5.202 | 5.810 | 6.077 | 3.167 | Upgrade
|
| Dividend Growth | -31.67% | -31.67% | -10.46% | -4.40% | 91.90% | - | Upgrade
|
| Effective Tax Rate | 25.23% | 25.39% | 25.12% | 25.75% | 22.90% | 24.54% | Upgrade
|
Source: S&P Global Market Intelligence. Banks template. Financial Sources.