Grupo Financiero Banorte. de logo
XNOR logo

Grupo Financiero Banorte. deBME:XNOR Stock Report

Market Cap €20.5b
Share Price
n/a
1Y-20.0%
7D2.9%
Portfolio Value
View

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

BME:XNOR Stock Report

Market Cap: €20.5b

XNOR Stock Overview

Through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. More details

XNOR fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance2/6
Financial Health5/6
Dividends4/6

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

Price History & Performance

Summary of share price highs, lows and changes for Grupo Financiero Banorte. de
Historical stock prices
Current Share PriceMex$7.20
52 Week HighMex$10.40
52 Week LowMex$6.20
Beta0.71
1 Month Change7.46%
3 Month Change7.46%
1 Year Change-20.00%
3 Year Change28.57%
5 Year Change29.73%
Change since IPO-59.48%

Recent News & Updates

Recent updates

Shareholder Returns

XNORES BanksES Market
7D2.9%1.9%-0.2%
1Y-20.0%48.8%24.5%

Return vs Industry: XNOR underperformed the Spanish Banks industry which returned 48.1% over the past year.

Return vs Market: XNOR underperformed the Spanish Market which returned 24.7% over the past year.

Price Volatility

Is XNOR's price volatile compared to industry and market?
XNOR volatility
XNOR Average Weekly Movement4.1%
Banks Industry Average Movement3.7%
Market Average Movement3.4%
10% most volatile stocks in ES Market6.8%
10% least volatile stocks in ES Market0.8%

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

Volatility Over Time: XNOR's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
189933,766Jose Ramirez Miguelwww.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€20.51b
Earnings (TTM)€2.64b
Revenue (TTM)€6.03b

7.8x

P/E Ratio

1.7x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
XNOR income statement (TTM)
RevenueMex$128.24b
Cost of RevenueMex$0
Gross ProfitMex$128.24b
Other ExpensesMex$72.05b
EarningsMex$56.19b

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

Apr 23, 2025

Earnings per share (EPS)19.97
Gross Margin100.00%
Net Profit Margin43.81%
Debt/Equity Ratio282.5%

How did XNOR perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

18%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/21 09:28
End of Day Share Price 2025/02/21 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Grupo Financiero Banorte, S.A.B. de C.V. is covered by 26 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Martín LaraActinver Case de Bolsa, S.A. de C.V.
Roberto de Aguiar AttuchBarclays
Brian MortonBarclays