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Grupo Financiero Banorte. de BME:XNOR Stock Report

Last Price

€9.30

Market Cap

€27.0b

7D

-0.5%

1Y

28.3%

Updated

26 Mar, 2024

Data

Company Financials +

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

BME:XNOR Stock Report

Market Cap: €27.0b

XNOR Stock Overview

Grupo Financiero Banorte, S.A.B. de C.V., through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally.

XNOR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance4/6
Financial Health5/6
Dividends4/6

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

Price History & Performance

Summary of all time highs, changes and price drops for Grupo Financiero Banorte. de
Historical stock prices
Current Share PriceMex$9.30
52 Week HighMex$9.40
52 Week LowMex$7.65
Beta0.70
1 Month Change3.33%
3 Month Change-1.06%
1 Year Change28.28%
3 Year Change92.95%
5 Year Change90.57%
Change since IPO-47.66%

Recent News & Updates

Recent updates

Shareholder Returns

XNORES BanksES Market
7D-0.5%4.3%2.2%
1Y28.3%45.1%18.8%

Return vs Industry: XNOR underperformed the Spanish Banks industry which returned 45.6% over the past year.

Return vs Market: XNOR exceeded the Spanish Market which returned 18.7% over the past year.

Price Volatility

Is XNOR's price volatile compared to industry and market?
XNOR volatility
XNOR Average Weekly Movement1.4%
Banks Industry Average Movement3.3%
Market Average Movement3.2%
10% most volatile stocks in ES Market6.6%
10% least volatile stocks in ES Market0.7%

Stable Share Price: XNOR has not had significant price volatility in the past 3 months.

Volatility Over Time: XNOR's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
189932,000Jose Ramirez Miguelhttps://www.banorte.com

Grupo Financiero Banorte, S.A.B. de C.V., through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. The company accepts checking, current, retirement, and payroll accounts; and provides loans, including mortgage, car, payroll, personal, structured, syndicated, SME loans, and credit cards, as well as letter of credit financing, acquisition funding, and import and export foreign trade financing. It is also involved in investment planning, foreign currency purchase/sale, financial advice, brokerage, asset management, investment banking, letters of credit, bank guarantees, and leasing and factoring activities.

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

How do Grupo Financiero Banorte. de's earnings and revenue compare to its market cap?
XNOR fundamental statistics
Market cap€27.01b
Earnings (TTM)€2.91b
Revenue (TTM)€6.55b

9.3x

P/E Ratio

2.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
XNOR income statement (TTM)
RevenueMex$118.14b
Cost of RevenueMex$0
Gross ProfitMex$118.14b
Other ExpensesMex$65.73b
EarningsMex$52.42b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 17, 2024

Earnings per share (EPS)18.29
Gross Margin100.00%
Net Profit Margin44.37%
Debt/Equity Ratio250.2%

How did XNOR perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

28%

Payout Ratio
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