Grupo Financiero Banorte SAB de CV

Grupo Financiero Banorte SAB de CV

  • Price (MXN)150.99
  • Today's Change3.57 / 2.42%
  • Shares traded5.00m
  • 1 Year change+12.47%
  • Beta1.4789
Data delayed at least 20 minutes, as of May 26 2023 20:59 BST.
More ▼
Find More Stocks
Find More Stocks
Use our equities screener to discover other potential opportunities.
Equities ScreenerGo to the Equities Screener

Profile data is unavailable for this security.

About the company

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.

  • Revenue in MXN (TTM)300.62bn
  • Net income in MXN47.68bn
  • Incorporated1992
  • Employees30.09k
  • Location
    Grupo Financiero Banorte SAB de CVAv. Revolucion 3000, Col. PrimaveraMEXICO, D.F. 05349MexicoMEX
  • Phone+52 5 511034000
  • Websitehttps://www.banorte.com/
More ▼

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
(YOY change %)
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
(5 yr growth rate)
Standard Chartered PLC332.24bn46.81bn397.56bn83.20k8.960.47246.931.270.72460.72464.8214.17--------0.36960.2499--------17.2211.65------27.0548.861.1133.7020.7163.55-18.32
China Minsheng Banking Corp Ltd656.41bn79.95bn405.02bn62.62k5.330.2775--1.040.73180.73183.5514.05--------0.49160.6363--------23.3223.85------30.23-5.312.630.3542-8.760.89754.11
Skandinaviska Enskilda Banken AB122.59bn48.89bn411.08bn16.99k8.261.147.863.2414.0014.0036.35101.29--------0.84380.7525--------38.4836.81------52.9378.929.016.1610.7531.703.26
China Everbright Bank Co Ltd610.95bn101.38bn435.17bn47.59k4.940.3949--1.110.63770.63772.399.07--------0.70560.7739--------29.1227.89------
Grupo Financiero Banorte SAB de CV300.62bn47.68bn436.76bn30.09k9.161.758.292.1816.5416.5469.4486.49--------2.322.13--------24.1522.22------42.6999.3919.4429.5613.7719.7917.63
National Bank of Canada149.28bn41.64bn436.92bn27.67k10.601.799.123.459.459.4528.7065.26--------0.84870.8481--------34.1132.11------38.9136.6110.547.3012.0525.798.42
Banco do Brasil SA893.50bn114.93bn449.10bn85.95k3.910.76642.970.929811.3611.3647.7557.93--------1.911.41--------28.9822.16------37.5181.6011.6057.3423.0115.1134.45
DNB Bank ASA160.19bn56.04bn457.71bn10.63k8.
Hang Seng Bank Ltd90.55bn21.28bn469.45bn8.71k22.061.1316.263.674.954.9529.7396.19--------0.54661.05--------17.8630.98------66.8241.136.60-28.68-13.6521.22-9.36
Data as of May 26 2023. Currency figures normalised to Grupo Financiero Banorte SAB de CV's reporting currency: Mexican New Peso MXN

Institutional shareholders

16.95%Per cent of shares held by top holders
HolderShares% Held
BlackRock Fund Advisorsas of 04 May 202399.41m3.45%
The Vanguard Group, Inc.as of 05 May 202392.35m3.20%
BlackRock M�xico SA de CV Asesor en Inversiones Independienteas of 04 May 202349.61m1.72%
Norges Bank Investment Managementas of 31 Dec 202246.19m1.60%
JPMorgan Asset Management (UK) Ltd.as of 05 May 202341.40m1.44%
Fidelity Management & Research Co. LLCas of 31 Mar 202340.14m1.39%
BlackRock Advisors (UK) Ltd.as of 04 May 202333.63m1.17%
APG Asset Management NVas of 31 Dec 202130.97m1.07%
JPMorgan Investment Management, Inc.as of 30 Apr 202329.07m1.01%
GQG Partners LLCas of 31 Mar 202326.09m0.91%
More ▼
Data from 31 Dec 2022 - 25 May 2023Source: FactSet Research Systems Inc.
An LSEG Business
All markets data located on FT.com is subject to the FT Terms & Conditions
All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
Any information that you receive via FT.com is at best delayed intraday data and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.