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Grupo Financiero Banorte, S.A.b De C.V. (Mexico)

Main Activities: Securities and Commodity Exchanges | Management of Companies and Enterprises
Full name: Grupo Financiero Banorte, S.A.b De C.V. Profile Updated: September 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Grupo Financiero Banorte S.A.B. de C.V. is a Mexican financial institution that offers banking, leasing, warehousing, insurance, pension and brokerage services. The company was founded in 1986 when Banco Mercantil de Monterrey and Banco Regional del Norte, joined together and formed Banco Mercantil del Norte. The company has been listed on the Mexican Stock Exchange since 1992. In March, 2011 Grupo Financiero Banorte merged with Grupo Financiero Ixe.

Headquarters
David Alfaro Siqueiros 106 Valle Oriente
San Pedro Garza Garcia; Nuevo Leon; Postal Code: 66278

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Website: http://www.banorte.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
July 21, 1992
Key Executives
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President
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Subsidiaries
Almacenadora Banorte Sa De Cv
99.99%
Arrendadora T Factor Banorte Sa De Cv
99.99%
Casa De Bolsa Banorte Sa De Cv
99.99%
Company Performance
Financial values in the chart are available after Grupo Financiero Banorte, S.A.b De C.V. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MXN. Absolute financial data is included in the purchased report.
Net interest income
6.84%▲
Net fee and commission income
20.35%▲
Operating profit (EBIT)
7.6%▲
Net Profit (Loss) for the Period
6.56%▲
Total assets
5.29%▲
Total equity
-0.03%▼
Total Assets Trend
-7.76%▼
Net Interest Income Trend
-29.42%▼
Cost to Income Ratio
1.72%▲
Loans to Asset Ratio
2.61%▲

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