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Grupo Financiero Banorte SAB de CV (GFNORTEO.MX)

GFNORTEO.MX on Mexico Stock Exchange

107.98MXN
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Tue, Apr 30 2019

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Mexican bank Banorte says first-quarter profit up by nearly 50 percent

MEXICO CITY Mexico's Grupo Financiero Banorte, the bank with the biggest weight in Mexico's benchmark stock index, posted a first quarter net profit of 9.93 billion pesos ($512 million) on Monday, up 47 percent compared to the same period last year.

Mexico's Banorte reports 4th-qtr net profit of 10.182 bln pesos

MEXICO CITY, Jan 24 Mexican bank Banorte said on Thursday that its net profit in the fourth quarter of 2018 totaled 10.182 billion pesos ($517.8 million), helped by growth in its lending business.

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