Company Overview

Grupo Financiero Banorte, S.A.B. de C.V., through its subsidiaries, provides banking and financial products and services in Mexico. The company offers payroll accounts and credit cards; car, mortgage, payroll, and personal credit banorte; and savings and investment products. It also provides insurance products, including life, home, auto, health, savings, credit card, mobile equipment, and mortgage credit insurance; foreign exchange services; and online and mobile banking services. The company operates through a network of approximately 1,151 branches, 9,668 ATMs, and 154,443 point of sale terminals. Grupo Financiero Banorte, S.A.B. de C.V. was founded in 1899 and is based in Mexico City, Mexico.

  • Name

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

  • CEO

    Mr. Jose Marcos Ramirez Miguel

  • Website

    www.banorte.com

  • Sector

    Banks

  • Year Founded

    1899

Profile

  • Market Cap

    MX$387.02B

  • EV

  • Shares Out

    2,866.42M

  • Revenue

    MX$123.76B

  • Employees

    33,372

Margins

  • Gross

  • EBITDA

  • Operating

  • Pre-Tax

    59.71%

  • Net

    44.07%

  • FCF

    -69.32%

Returns (5Yr Avg)

  • ROA

    2.12%

  • ROTA

    18.72%

  • ROE

    18.04%

  • ROCE

  • ROIC

    1.84%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    MX$184.53

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

  • Net Debt

    MX$510.08B

  • Debt/Equity

  • EBIT/Interest

Growth (CAGR)

  • Rev 3Yr

    13.49%

  • Rev 5Yr

    7.16%

  • Rev 10Yr

  • Dil EPS 3Yr

    20.19%

  • Dil EPS 5Yr

    8.57%

  • Dil EPS 10Yr

    13.77%

  • Rev Fwd 2Yr

    5.1%

  • EBITDA Fwd 2Yr

  • EPS Fwd 2Yr

    8%

  • EPS LT Growth Est

    5.91%

Dividends

  • Yield

  • Payout

    26.93%

  • DPS

    MX$5.2

  • DPS Growth 3Yr

    17.99%

  • DPS Growth 5Yr

    -1.25%

  • DPS Growth 10Yr

    20.81%

  • DPS Growth Fwd 2Yr

    -6.29%

BMV:GFNORTE O