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

BMV:GFNORTE O Stock Report

Market Cap: Mex$388.9b

Grupo Financiero Banorte. de Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Jose Ramirez Miguel

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure10.1yrs
CEO ownershipn/a
Management average tenure11.2yrs
Board average tenure9.2yrs

Recent management updates

Recent updates

CEO

Jose Ramirez Miguel (60 yo)

10.1yrs

Tenure

Mr. José Marcos Ramírez Miguel has been the Director of Grupo Financiero Banorte, S.A.B. de C.V. (GFNorte) from July 2011. He joined Grupo Financiero Banorte, S.A.B. de C.V. in 2010. He is Chief Executive...

Leadership Team

NamePositionTenureCompensationOwnership
Jose Ramirez Miguel
CEO & Proprietary Board Member10.1yrsno datano data
Rafael Arana de la Garza
Chief Financial & Operational Officer11.2yrsno datano data
Mayra Lopez Lopez
Executive Director of Accountingno datano datano data
Arturo Monroy Ballesteros
Head of Investment Banking & Structured Financeno datano datano data
Javier Beltran Cantu
Chief Administrator & Human Relations Officerno datano datano data
Tomas Lozano Derbez
Head of Corporate Developmentno datano datano data
Hector Avila Flores
Chief Legal Officer & Secretary of the Board13.7yrsno datano data
Fernando Cámara y Jiménez Canet
Deputy Managing Director of Communication & Public Affairsno datano datano data
Carla Juan Chelala
Deputy Managing Director of Marketingno datano datano data
Carlos Martinez Gonzalez
Managing Director of Government Bankingno datano datano data
Fernando Solís Soberón
Managing Director of Product & Segment Developmentno datano datano data
Jose Rodal Espinosa
Managing Director of Wholesale Bankingno datano datano data

11.2yrs

Average Tenure

56yo

Average Age

Experienced Management: GFNORTE O's management team is seasoned and experienced (11.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Jose Ramirez Miguel
CEO & Proprietary Board Member13.4yrsno datano data
Gerardo Salazar Viezca
Chief Risk Management & Credit Officer5.7yrsno datano data
Alfonso de Angoitia Noriega
Independent Proprietary Board Member9.7yrsno datano data
Juan Gonzalez Moreno
Proprietary Board Member20.7yrsno datano data
David Villarreal Montemayor
Proprietary Board Member31.2yrsno datano data
Clemente Reyes-Retana Valdes
Independent Proprietary Board Member7.7yrsno datano data
Thomas Heather Rodriguez
Independent Proprietary Board Member8.7yrsno datano data
Carlos Hank Gonzalez
Chairman of the Board10.2yrsno datano data
David Alanis
Independent Proprietary Director5.7yrsno datano data
Jose Chedraui Eguia
Independent Proprietary Board Member9.7yrsno datano data
Carlos de la Isla Corry
Proprietary Director8.7yrsno datano data
Alicia Alejandra Hirschfeld
Independent Proprietary Director2.7yrsno datano data

9.2yrs

Average Tenure

62yo

Average Age

Experienced Board: GFNORTE O's board of directors are considered experienced (9.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 04:40
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

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.

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