Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF)

OTCMKTS · Delayed Price · Currency is USD
6.88
-0.14 (-1.99%)
Oct 29, 2024, 4:00 PM EDT
-12.80%
Market Cap 19.93B
Revenue (ttm) 6.77B
Net Income (ttm) 2.99B
Shares Out n/a
EPS (ttm) 1.05
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 500
Open 7.02
Previous Close 7.02
Day's Range 6.88 - 7.02
52-Week Range 6.52 - 11.35
Beta 0.65
Analysts n/a
Price Target n/a
Earnings Date Oct 30, 2024

About GBOOF

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. The company accepts checking, current, retirement, and payroll accounts; and provides loans, including mortgage, car, payroll, personal, structured, syndicated, SME loans, and credit cards, as well as letter of credit financing, acquisition funding, and import and export foreign trade financing. It is also involved in investment planning, foreign currency purchase/sale, financ... [Read more]

Sector Financials
Founded 1899
Employees 33,372
Stock Exchange OTCMKTS
Ticker Symbol GBOOF
Full Company Profile

Financial Performance

In 2023, GBOOF's revenue was 118.14 billion, an increase of 11.67% compared to the previous year's 105.79 billion. Earnings were 52.42 billion, an increase of 15.44%.

Financial numbers in MXN Financial Statements

News

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.

6 weeks ago - Seeking Alpha

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...

7 weeks ago - PRNewsWire

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...

3 months ago - Seeking Alpha

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...

4 months ago - GlobeNewsWire

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...

7 months ago - Seeking Alpha

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

10 months ago - Seeking Alpha

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.

10 months ago - Reuters

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...

10 months ago - Seeking Alpha

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

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

1 year ago - Reuters

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.

1 year ago - Barrons

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.

1 year ago - Seeking Alpha

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...

1 year ago - Reuters

Mexico's Banorte targets 3 mln customers for new digital bank -chairman

Mexican lender Grupo Financiero Banorte is preparing to launch a digital bank late this year or in early 2024, which it hopes will add about 3 million customers, its chairman said on Tuesday.

1 year ago - Reuters

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF) Q4 2022 Earnings Call Transcript

Grupo Financiero Banorte, S.A.B. de C.V. (OTCQX:GBOOF) Q4 2022 Earnings Conference Call January 20, 2023 10:00 AM ET Company Participants Tomas Lozano - Head-Corporate Development, IR and ESG Marcos R...

1 year ago - Seeking Alpha

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF) Q3 2022 Earnings Call Transcript

Grupo Financiero Banorte, S.A.B. de C.V. (OTCQX:GBOOF) Q3 2022 Earnings Conference Call October 21, 2022 10:00 AM ET Company Participants Tomas Lozano – Head-Corporate Development, Investor Relations ...

2 years ago - Seeking Alpha

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF) CEO José Marcos Ramírez Miguel on Q2 2022 Results - Earnings Call Transcript

Grupo Financiero Banorte, S.A.B. de C.V. (OTCQX:GBOOF) Q2 2022 Earnings Conference Call July 22, 2022 10:00 AM ET Corporate Participants Tomas Lozano - Head, Corporate Development, IR and ESG José Mar...

2 years ago - Seeking Alpha