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Grupo Financiero Banorte SAB de CV
Previous close
$7.18
Day range
$6.69 - $7.19
Year range
$6.52 - $11.35
Market cap
404.92B MXN
Avg Volume
19.86K
P/E ratio
-
Dividend yield
-
Primary exchange
BMV
Market news
Financials
Income Statement
Revenue
Net income
(MXN) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 32.06B | 9.57% |
Operating expense | 13.03B | 12.94% |
Net income | 14.24B | 7.31% |
Net profit margin | 44.41 | -2.05% |
Earnings per share | 5.06 | -79.76% |
EBITDA | — | — |
Effective tax rate | 26.60% | — |
Balance Sheet
Total assets
Total liabilities
(MXN) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 125.74B | -48.43% |
Total assets | 2.42T | 5.29% |
Total liabilities | 2.17T | 5.95% |
Total equity | 253.19B | — |
Shares outstanding | 2.85B | — |
Price to book | 0.08 | — |
Return on assets | 2.36% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
(MXN) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 14.24B | 7.31% |
Cash from operations | -28.67B | 63.14% |
Cash from investing | -1.23B | -80.18% |
Cash from financing | 4.04B | -92.92% |
Net change in cash | -25.79B | -20.80% |
Free cash flow | — | — |
About
Grupo Financiero Banorte, S.A.B. de C.V., doing business as Banorte and as Ixe, is a Mexican banking and financial services holding company with headquarters in Monterrey and Mexico City. It is one of the four largest commercial banks of Mexico by assets and loans, and the largest retirement fund administrator.
Grupo Financiero Banorte operates its commercial bank under the brands Banorte and Ixe, offering savings accounts, credit cards, payday loans, mortgages, commercial loans and auto loans. Its performing loan portfolio was of US$35 billion in 2014. It also performs insurance, pension, leasing, and brokerage activities.
Banorte has 1,269 branches and 7,297 ATMs nationwide. It can also receive deposits through more than 5,200 commercial establishments, such as drug stores, convenience stores, and supermarkets.
Grupo Financiero Banorte is listed on the Mexican Stock Exchange, on the Latibex, and on the U.S. OTC securities market through ADRs. It is a constituent of the IPC, the main benchmark index of the Mexican Stock Exchange, and of the S&P Latin America 40, which includes leading, blue chip companies from Latin America. Wikipedia
Founded
Jul 21, 1992
Website
Employees
33,696