GRUPO FINANCIERO BANORTE, S.A.B. DE C.V.

Grupo Financiero Banorte, S.A.B. de C.V.

GFNORTE O

MXP370711014

Banks

End-of-day quote Mexican S.E. Other stock markets 06:00:00 2024-07-08 pm EDT			5-day change	1st Jan Change
147 ^MXN	-0.22%		+0.41%	-13.90%

Jul. 08	Mexican Stocks Reverse Two-Session Losing Streak	DJ
May. 02	ETF of the week: Mexico's future looks golden

Grupo Financiero Banorte, S.A.B. De C.V. Reports Earnings Results for the Full Year Ended December 31, 2020

January 21, 2021 at 05:21 pm EST

Grupo Financiero Banorte, S.A.B. De C.V. Announced earnings results for the full year ended December 31, 2020. For the full year, the company announced net income was MXN 30,508.092 million compared to MXN 36,527.973 million a year ago.

Latest news about Grupo Financiero Banorte, S.A.B. de C.V.

Mexican Stocks Reverse Two-Session Losing Streak	Jul. 08	DJ
ETF of the week: Mexico's future looks golden	May. 02
Transcript : Grupo Financiero Banorte, S.A.B. de C.V., Q1 2024 Earnings Call, Apr 17, 2024	Apr. 17
Grupo Financiero Banorte, S.A.B. de C.V. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 16	CI
Mexico's Banorte issues sustainable bank certificates worth nearly $800 million	Mar. 15	RE
Mexico's Banorte launches digital bank bineo	Jan. 29	RE
Santander Mexico to launch digital bank 'soon,' executive says	Jan. 23	RE
Transcript : Grupo Financiero Banorte, S.A.B. de C.V., Q4 2023 Earnings Call, Jan 18, 2024	Jan. 18
Grupo Financiero Banorte, S.A.B. de C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Jan. 17	CI
Mexico's Banorte posts 13% profit jump in Q4 pushed by loan growth	Jan. 17	RE
Mexico's Banorte posts 13% profit jump in Q4	Jan. 17	RE
Grupo Financiero Banorte, S.A.B. de C.V. Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 16	CI
Transcript : Grupo Financiero Banorte, S.A.B. de C.V., Q3 2023 Earnings Call, Nov 01, 2023	Nov. 01
Credit growth boosts Mexican Banorte's third-quarter profits	Oct. 31	RE
Mexico's Banorte posts double-digit Q3 profit boost on loan growth	23-10-31	RE
Grupo Financiero Banorte, S.A.B. de C.V. Reports Earnings Results for the Third Quarter Ended September 30, 2023	23-10-14	CI
Mexico's Banorte plans to hire up to 1,200 people to tap into nearshoring	23-09-27	RE
How Mexican narcos use remittances to wire U.S. drug profits home	23-08-18	RE
Transcript : Grupo Financiero Banorte, S.A.B. de C.V., Q2 2023 Earnings Call, Jul 21, 2023	23-07-21
Grupo Financiero Banorte, S.A.B. de C.V. Reports Earnings Results for the Half Year Ended June 30, 2023	23-07-20	CI
Transcript : Grupo Financiero Banorte, S.A.B. de C.V., Q1 2023 Earnings Call, Apr 21, 2023	23-04-21
Grupo Financiero Banorte, S.A.B. de C.V. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-20	CI
Grupo Financiero Banorte, S.A.B. de C.V. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-20	CI
Mexico's Banorte posts 21% profit jump, helped by higher rates	23-04-20	RE
Mexico's Banorte posts 21% surge in first quarter profit	23-04-20	RE

Chart Grupo Financiero Banorte, S.A.B. de C.V.

Duration

Period

Chart Grupo Financiero Banorte, S.A.B. de C.V.

More charts

Company Profile

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.

Sector

Banks

Calendar

2024-07-22 - Q2 2024 Earnings Release

Related indices

Mexico IPC

More about the company

Income Statement Evolution

More financial data

Ratings for Grupo Financiero Banorte, S.A.B. de C.V.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

147 MXN

Average target price

193.1 MXN

Spread / Average Target

+31.37%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Banks

	1st Jan change	Capi.
GRUPO FINANCIERO BANORTE, S.A.B. DE C.V.	-13.90%	23.46B
JPMORGAN CHASE & CO.	+22.06%	596B
BANK OF AMERICA CORPORATION	+23.02%	324B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+13.09%	268B
WELLS FARGO & COMPANY	+21.66%	209B
CHINA CONSTRUCTION BANK CORPORATION	+16.99%	176B
BANK OF CHINA LIMITED	+16.44%	175B
HSBC HOLDINGS PLC	+5.44%	156B
ROYAL BANK OF CANADA	+11.52%	155B
HDFC BANK LIMITED	-4.73%	149B

Other Banks