Grupo Nacional Provincial, S.A.B. (BMV:GNP)

BMV:GNP Income Statement

Financials in millions MXN. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	100,972	91,706	81,245	71,285	64,656	61,687
Total Interest & Dividend Income	9,054	8,238	7,568	7,343	5,793	6,152
Gain (Loss) on Sale of Investments	3,682	4,541	2,700	3,172	3,281	754
Total Revenue	113,709	104,485	91,513	81,800	73,730	68,593
Revenue Growth (YoY)	14.20%	14.17%	11.87%	10.95%	7.49%	9.31%
Policy Benefits	74,834	69,434	61,358	55,906	52,813	44,581
Policy Acquisition & Underwriting Costs	27,931	25,932	21,283	16,618	14,780	14,411
Depreciation & Amortization	863.73	808	706	1,044	492	357
Selling, General & Administrative	1,750	1,392	1,120	2,613	2,259	2,351
Provision for Bad Debts	3.48	1	1	-1	1	1
Other Operating Expenses	-1,537	-1,448	-1,270	-1,149	-1,061	-1,022
Reinsurance Income or Expense	1,055	916	777	663	639	568
Total Operating Expenses	107,483	99,470	85,591	77,628	71,531	63,113
Operating Income	6,226	5,015	5,922	4,172	2,199	5,480
Earnings From Equity Investments	-5.93	25	-39	-223	39	-65
Currency Exchange Gain (Loss)	-253	129	-378	-266	-37	-109
Other Non Operating Income (Expenses)	-138.78	-128	-93	-83	-4	-4
EBT Excluding Unusual Items	5,828	5,041	5,412	3,600	2,197	5,302
Pretax Income	5,828	5,041	5,412	3,600	2,197	5,302
Income Tax Expense	1,689	1,478	1,402	967	579	1,559
Net Income	4,138	3,563	4,010	2,633	1,618	3,743
Net Income to Common	4,138	3,563	4,010	2,633	1,618	3,743
Net Income Growth	4.10%	-11.15%	52.30%	62.73%	-56.77%	-15.60%
Shares Outstanding (Basic)	224	224	224	224	224	224
Shares Outstanding (Diluted)	224	224	224	224	224	224
EPS (Basic)	18.47	15.90	17.89	11.75	7.22	16.70
EPS (Diluted)	18.47	15.90	17.89	11.75	7.22	16.70
EPS Growth	4.10%	-11.15%	52.30%	62.73%	-56.77%	-15.60%
Free Cash Flow	2,067	740	1,172	653	1,508	2,734
Free Cash Flow Per Share	9.22	3.30	5.23	2.91	6.73	12.20
Dividend Per Share	-	-	4.500	-	9.160	12.690
Dividend Growth	-	-	-	-	-27.82%	42.10%
Operating Margin	5.47%	4.80%	6.47%	5.10%	2.98%	7.99%
Profit Margin	3.64%	3.41%	4.38%	3.22%	2.19%	5.46%
Free Cash Flow Margin	1.82%	0.71%	1.28%	0.80%	2.04%	3.99%
EBITDA	6,306	5,058	6,146	5,094	2,685	5,808
EBITDA Margin	5.54%	4.84%	6.72%	6.23%	3.64%	8.47%
D&A For EBITDA	80.12	43	224	922	486	328
EBIT	6,226	5,015	5,922	4,172	2,199	5,480
EBIT Margin	5.47%	4.80%	6.47%	5.10%	2.98%	7.99%
Effective Tax Rate	28.99%	29.32%	25.91%	26.86%	26.35%	29.40%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.