GFNORTE O Stock Overview
Through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
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Grupo Financiero Banorte, S.A.B. de C.V. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | Mex$135.54 |
| 52 Week High | Mex$190.12 |
| 52 Week Low | Mex$130.04 |
| Beta | 0.67 |
| 1 Month Change | -3.34% |
| 3 Month Change | -2.88% |
| 1 Year Change | -20.54% |
| 3 Year Change | 4.57% |
| 5 Year Change | 22.99% |
| Change since IPO | 4,038.63% |
Recent News & Updates
Recent updates
Shareholder Returns
| GFNORTE O | MX Banks | MX Market | |
|---|---|---|---|
| 7D | -3.1% | -0.5% | -1.1% |
| 1Y | -20.5% | -26.1% | -12.5% |
Return vs Industry: GFNORTE O exceeded the MX Banks industry which returned -26.1% over the past year.
Return vs Market: GFNORTE O underperformed the MX Market which returned -12.5% over the past year.
Price Volatility
| GFNORTE O volatility | |
|---|---|
| GFNORTE O Average Weekly Movement | 4.7% |
| Banks Industry Average Movement | 3.3% |
| Market Average Movement | 4.0% |
| 10% most volatile stocks in MX Market | 6.0% |
| 10% least volatile stocks in MX Market | 2.8% |
Stable Share Price: GFNORTE O has not had significant price volatility in the past 3 months compared to the MX market.
Volatility Over Time: GFNORTE O's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1899 | 33,696 | Jose Ramirez Miguel | 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
| GFNORTE O fundamental statistics | |
|---|---|
| Market cap | Mex$387.34b |
| Earnings (TTM) | Mex$55.51b |
| Revenue (TTM) | Mex$126.56b |
7.0x
P/E Ratio1.5x
P/B RatioIs GFNORTE O overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GFNORTE O income statement (TTM) | |
|---|---|
| Revenue | Mex$126.56b |
| Cost of Revenue | Mex$0 |
| Gross Profit | Mex$126.56b |
| Other Expenses | Mex$71.05b |
| Earnings | Mex$55.51b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Jan 28, 2025
| Earnings per share (EPS) | 19.36 |
| Gross Margin | 100.00% |
| Net Profit Margin | 43.86% |
| Debt/Equity Ratio | 260.3% |
How did GFNORTE O perform over the long term?
See historical performance and comparisonDividends
3.8%
Current Dividend Yield27%
Payout RatioDoes GFNORTE O pay a reliable dividends?
See GFNORTE O dividend history and benchmarks| Grupo Financiero Banorte. de dividend dates | |
|---|---|
| Ex Dividend Date | Dec 17 2024 |
| Dividend Pay Date | Dec 18 2024 |
| Days until Ex dividend | 2 days |
| Days until Dividend pay date | 1 day |
Does GFNORTE O pay a reliable dividends?
See GFNORTE O dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 22:45 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Grupo Financiero Banorte, S.A.B. de C.V. is covered by 33 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Martín Lara | Actinver Case de Bolsa, S.A. de C.V. |
| Roberto de Aguiar Attuch | Barclays |
| Brian Morton | Barclays |