52 Week Range
As of on the Mexico Stock Exchange ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
HR Ratings affirms debt rating for Grupo Financiero Banorte SAB De CV
Fitch affirms credit ratings on Grupo Financiero Banorte
Grupo Financiero Banorte SAB De CV announces dividend payment
Grupo Financiero Banorte SAB de CV is a Mexico-based financial institution (the Bank) engaged in the banking sector. The Bank operates in four business sectors: Banking, Savings, Brokerage and Other financial services. The Banking division provides current accounts, consumer and commercial loans, as well as credit and debit cards, among others. The Savings division offers products related to insurance and pension schemes. The Brokerage division focuses on the investment funds management and securities trading. The Other financial services division includes leasing, factoring, portfolio management and warehousing, among others. The Bank offers financial products and services to individual and business customers. It operates through a number of subsidiaries, such as Almacenadora Banorte SA de CV Organizacion Auxiliar del Credito Grupo Financiero Banorte, Casa de Bolsa Banorte IXE SA de CV Grupo Financiero Banorte and Ixe Servicios SA de CV.
Av. Revolucion 3000, Col. Primavera
Carlos Hank Gonzalez
Chairman of the Board
Jose Marcos Ramirez Miguel
Chief Executive Officer, Managing Director, Director
Rafael Victorio Arana de la Garza
Managing Director - Chief Financial and Operating Officer
Mayra Nelly Lopez Lopez
Executive Director - Accounting
Javier Beltran Cantu
Managing Director, Administration and Human Resources
Price To Earnings (TTM)
Price To Sales (TTM)
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Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
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Return on Equity (TTM)
Grupo Financiero Banorte, the bank with the biggest weight in Mexico's benchmark stock index, posted a third quarter net profit of 8.86 billion pesos ($450 million) on Thursday, up 13%compared to the same period last year.
The Mexican peso could fall almost 9% to 21.30 per dollar next year if U.S. President Donald Trump again threatens the country during his re-election campaign, Mexican financial group Banorte said on Tuesday.
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.
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.
Shares of Mexican bank Grupo Financiero Banorte dropped more than 8 percent on Monday amid market uncertainty over a bill in Congress that would cut bank commissions.
Shares of Mexican bank Grupo Financiero Banorte fell more than 8 percent on Monday on uncertainty over a bill in Congress that would cut bank commissions.
Mexico's Grupo Financiero Banorte reported a net profit of 7.82 billion pesos ($417 million) in the third quarter, the financial group said on Thursday.
Mexico's No. 2 bank Banorte on Tuesday said it did not expect "any economic impact" on its financial results following what the central bank has called a cyber attack on connections to the domestic payment system.
Mexican bank Banorte said on Thursday that its net profit in the first quarter rose more than 22 percent to nearly 6.8 billion pesos ($370 million), helped by growth in its pension and insurance units and consumer credit.
Mexico's state and municipal government debt sector will likely see lower borrowing costs in the coming months following the acquisition of Grupo Financiero Interacciones by Banorte, Interacciones CEO said on Wednesday.
Shareholders in Mexico's Banorte on Tuesday approved the acquisition of Grupo Financiero Interacciones, which will create the country's second-biggest bank.
(The following statement was released by the rating agency) MONTERREY, October 31 (Fitch) Following the recent announcement of a binding agreement to merge Grupo Financiero Banorte, S.A.B. de C.V. (GFNorte) and Grupo Financiero Interacciones, S.A.B. de C.V. (GFInteracciones...
Shares in Mexican bank Grupo Financiero Banorte recovered slightly on Thursday as the company revealed more details about a merger deal with a smaller bank announced the previous day that sent the stock sliding more than 9 percent.
Bank Grupo Financiero Banorte said on Wednesday it had signed an agreement to acquire closely linked peer Interacciones in a cash-and-stock deal that would create Mexico's second-biggest financial group.
Mexican bank Grupo Financiero Banorte said on Wednesday that it would spend 13.7 billion pesos ($719 million), plus shares, to acquire peer Grupo Financiero Interacciones.
Mexican bank Grupo Financiero Banorte has signed an accord to acquire peer Grupo Financiero Interacciones in a cash and shares deal that would create the second biggest financial group in Mexico by assets, Interacciones said on Wednesday.
Mexico's fourth-largest bank Grupo Financiero Banorte and its smaller peer Grupo Financiero Interacciones will shortly announce a merger, two people familiar with the matter said on Wednesday.
(The following statement was released by the rating agency) MONTERREY, August 09 (Fitch) Fitch Ratings has affirmed Grupo Financiero Banorte, S.A.B. de C.V. (GFNorte) and Banco Mercantil del Norte, S.A.'s (Banorte) Viability Ratings (VRs) at 'bbb+', as well as their Long-Term...
(The following statement was released by the rating agency) MONTERREY, March 16 (Fitch) Fitch Ratings has affirmed Grupo Financiero Banorte, S.A.B. de C.V. (GFNorte) and Banco Mercantil del Norte, S.A.'s (Banorte) Viability Ratings (VRs) at 'bbb+', as well as their Long-Term...
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