Grupo Financiero Banorte SAB de CV

MX

GFNOR

Financials

53.04 ₽

Current price

Buy
53.04 ₽

Target price 00%

Ranks rating

76

  • Position in sub-industry

    351 / 686

  • Position in country

    103 / 228

  • Net income margin, %

    36.8

    27.5

  • EBITDA margin, %

    49.1

    42.6

  • P/BV

    12.4

    0.9

  • EV/EBITDA

    14.1

    4.2

  • Average Analyst recommendation

    Hold

    Hold

  • Average upside forecasts, %

    -77.6

    8.9

  • Dividend Yield, %

    7

    5.2

  • Forward Dividend Yield, %

    1.4

    1.1

  • Expected dividend per share

    0.7

    0.1

  • Payout Ratio, %

    71.9

    29.7

  • Dividend Ex Date

    2023-10-19

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Competitors

Ranks

  • Grupo Financiero Inbursa SAB de CV

    00%

  • Agricultural Bank of China Ltd

    00%

  • Grupo Financiero Banorte SAB de CV

    00%

  • Industrial and Commercial Bank of China Ltd

    00%

  • Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santander Mexico

    00%

  • Bank of America Corp

    00%

  • Banco del Bajio SA Institucion de Banca Multiple

    00%

  • JPMorgan Chase & Co

    00%

  • Wells Fargo & Co

    00%

  • Grupo Elektra SAB de CV

    00%

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Company information

  • Country

    Mexico

  • Sector

    Financials

  • Industry group

    Banks

  • Industry

    Banks

  • Sub-sector

    Financials

  • Capitalization (millions of $)

    30456.7

  • Ticker

    GBOOY.PK

  • ISIN

    US40052P1075

  • IPO date

    1992-10-07

  • Availability on Russian exchanges

    No

  • Reporting for

    2024-03-13

  • Date fact. publication of reports

    2023-12-31

Company Description

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.