GFNORTE O Stock Overview
Through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
Grupo Financiero Banorte, S.A.B. de C.V. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | Mex$132.53 |
| 52 Week High | Mex$190.12 |
| 52 Week Low | Mex$130.04 |
| Beta | 0.61 |
| 11 Month Change | -5.24% |
| 3 Month Change | -14.84% |
| 1 Year Change | -10.72% |
| 33 Year Change | 3.49% |
| 5 Year Change | 23.85% |
| Change since IPO | 3,946.72% |
Recent News & Updates
Shareholder Returns
| GFNORTE O | MX Banks | MX Market | |
|---|---|---|---|
| 7D | -6.5% | -3.3% | -2.6% |
| 1Y | -10.7% | -7.9% | -2.5% |
Return vs Industry: GFNORTE O underperformed the MX Banks industry which returned -8.1% over the past year.
Return vs Market: GFNORTE O underperformed the MX Market which returned -2.1% over the past year.
Price Volatility
| GFNORTE O volatility | |
|---|---|
| GFNORTE O Average Weekly Movement | 5.5% |
| Banks Industry Average Movement | 5.5% |
| Market Average Movement | 4.5% |
| 10% most volatile stocks in MX Market | 6.1% |
| 10% least volatile stocks in MX Market | 2.9% |
Stable Share Price: GFNORTE O's share price has been volatile over the past 3 months.
Volatility Over Time: GFNORTE O's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of MX stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1899 | 33,372 | 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$378.91b |
| Earnings (TTM) | Mex$54.54b |
| Revenue (TTM) | Mex$123.76b |
7.0x
P/E Ratio1.6x
P/B RatioIs GFNORTE O overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GFNORTE O income statement (TTM) | |
|---|---|
| Revenue | Mex$123.76b |
| Cost of Revenue | Mex$0 |
| Gross Profit | Mex$123.76b |
| Other Expenses | Mex$69.22b |
| Earnings | Mex$54.54b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Oct 30, 2024
| Earnings per share (EPS) | 19.03 |
| Gross Margin | 100.00% |
| Net Profit Margin | 44.07% |
| Debt/Equity Ratio | 293.0% |
How did GFNORTE O perform over the long term?
See historical performance and comparison