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

GBOOF Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	125,894	74,250	82,287	72,912	83,386	29,675
Investment Securities	1,003,361	494,724	411,553	526,491	309,971	240,318
Trading Asset Securities	25,360	33,399	37,555	27,996	50,276	22,457
Total Investments	1,028,721	528,123	449,108	554,487	360,247	262,775
Gross Loans	1,112,957	1,072,197	951,429	852,518	815,809	779,948
Allowance for Loan Losses	-20,265	-19,857	-17,899	-16,251	-20,004	-17,639
Other Adjustments to Gross Loans	-	-18,835	-12,387	-18,864	-	-
Net Loans	1,092,691	1,033,505	921,143	817,403	795,805	762,309
Property, Plant & Equipment	34,967	34,454	35,897	21,451	32,627	18,763
Goodwill	26,859	26,825	26,741	26,732	26,720	26,700
Other Intangible Assets	16,063	17,270	18,088	-	-	-
Accrued Interest Receivable	-	-	-	-	110	139
Other Receivables	85,859	33,857	32,319	36,862	43,184	32,681
Restricted Cash	-	25,980	25,967	25,930	25,920	33,122
Other Current Assets	17,093	30,865	30,774	22,537	34,847	16,842
Long-Term Deferred Tax Assets	2,023	-	-	-	-	626
Other Real Estate Owned & Foreclosed	4,842	4,881	2,961	1,873	1,553	1,154
Other Long-Term Assets	0	463,654	443,716	243,393	370,785	364,494
Total Assets	2,435,012	2,274,859	2,070,072	1,850,879	1,787,904	1,580,010
Accrued Expenses	10,122	7,163	6,018	1,380	538	508
Interest Bearing Deposits	350,578	584,028	458,418	385,538	432,987	401,612
Non-Interest Bearing Deposits	705,265	424,912	412,119	381,534	338,724	275,764
Total Deposits	1,055,843	1,008,940	870,537	767,072	771,711	677,376
Short-Term Borrowings	565,907	492,950	474,877	414,124	402,202	371,640
Current Portion of Long-Term Debt	73,300	59,604	39,719	46,034	55,157	49,091
Current Income Taxes Payable	8,082	6,933	10,733	1,614	4,365	3,588
Accrued Interest Payable	-	1,846	1,133	679	497	-
Other Current Liabilities	18,125	29,078	28,205	16,722	13,155	8,184
Long-Term Debt	70,727	70,935	85,736	94,267	84,935	80,447
Long-Term Leases	4,342	3,947	6,771	-	-	-
Long-Term Unearned Revenue	-	347	127	90	240	240
Pension & Post-Retirement Benefits	-	3,906	3,145	-	-	-
Long-Term Deferred Tax Liabilities	-	-	-	3,346	1,618	-
Other Long-Term Liabilities	386,278	340,005	304,040	268,311	228,382	192,938
Total Liabilities	2,192,727	2,025,654	1,831,041	1,613,639	1,562,800	1,384,012
Common Stock	9,922	10,032	10,000	10,001	9,964	10,036
Additional Paid-In Capital	47,975	47,648	48,440	48,292	48,269	47,979
Retained Earnings	156,193	155,928	145,218	165,124	149,281	126,612
Comprehensive Income & Other	28,735	35,745	32,384	10,817	14,728	9,090
Total Common Equity	242,825	249,353	236,042	234,234	222,242	193,717
Minority Interest	-539.31	-148	2,989	3,006	2,862	2,281
Shareholders' Equity	242,286	249,205	239,031	237,240	225,104	195,998
Total Liabilities & Equity	2,435,012	2,274,859	2,070,072	1,850,879	1,787,904	1,580,010
Total Debt	714,277	627,436	607,103	554,425	542,294	501,178
Net Cash (Debt)	-510,075	-462,954	-464,022	-449,030	-382,715	-442,950
Net Cash Per Share	-179.32	-160.56	-160.93	-155.73	-132.73	-153.86
Filing Date Shares Outstanding	2,763	2,866	2,857	2,857	2,847	2,868
Total Common Shares Outstanding	2,763	2,866	2,857	2,857	2,847	2,868
Book Value Per Share	87.87	86.99	82.62	81.97	78.07	67.56
Tangible Book Value	199,903	205,258	191,213	207,502	195,522	167,017
Tangible Book Value Per Share	72.34	71.61	66.93	72.62	68.68	58.24

Source: S&P Capital IQ. Banks template. Financial Sources.