Business description: Grupo Financiero Banorte, S.A.B. de C.V.

Grupo Financiero Banorte SAB de CV is a Mexico-based financial institution (the Bank) engaged in the banking sector. The Bank operates in four business sectors: Banking, Savings, Brokerage and Other financial services. The Banking division provides current accounts, consumer and commercial loans, as well as credit and debit cards, among others. The Savings division offers products related to insurance and pension schemes. The Brokerage division focuses on the investment funds management and securities trading. The Other financial services division includes leasing, factoring, portfolio management and warehousing, among others. The Bank offers financial products and services to individual and business customers. It operates through a number of subsidiaries, such as Almacenadora Banorte SA de CV Organizacion Auxiliar del Credito Grupo Financiero Banorte, Casa de Bolsa Banorte IXE SA de CV Grupo Financiero Banorte and Ixe Servicios SA de CV.

Number of employees: 35,176

Sales by Activity: Grupo Financiero Banorte, S.A.B. de C.V.

Fiscal Period: December 2021 (MXN) 2022 (MXN) 2023 (MXN) 2024 (MXN) 2025 (MXN)

Geographical breakdown of sales: Grupo Financiero Banorte, S.A.B. de C.V.

Fiscal Period: December 2021 (MXN) 2022 (MXN) 2023 (MXN) 2024 (MXN) 2025 (MXN)

Mexico

89.76B 106B 118B 128B 140B

Executive Committee: Grupo Financiero Banorte, S.A.B. de C.V.

Manager TitleAgeSince
Chief Executive Officer 63 2014-11-18
Director of Finance/CFO 74 -
Corporate Officer/Principal - -
Investor Relations Contact - -
Corporate Officer/Principal - 2013-07-24

Composition of the Board of Directors: Grupo Financiero Banorte, S.A.B. de C.V.

Director TitleAgeSince
Director/Board Member 63 2011-06-30
Director/Board Member 68 2004-03-31
Chairman 54 2014-12-31
Director/Board Member 78 1993-09-30
Director/Board Member 64 2015-03-31
Director/Board Member 59 2015-03-31
Director/Board Member 71 2016-03-31
Director/Board Member 53 2019-03-31
Director/Board Member - -
Director/Board Member - 2016-03-31

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

NameEquities%Valuation
BBVA Asset Management Mexico SA de CV SOFI
0.4604 %
12,951,304 0.4604 % 143 M $
LarrainVial Asset Management AGF SA
0.2357 %
6,629,804 0.2357 % 73 M $
State Street Global Advisors Ltd.
0.2169 %
6,101,171 0.2169 % 67 M $
Sjunde AP-fonden
0.2138 %
6,013,139 0.2138 % 66 M $
Nordea Investment Management AB
0.188 %
5,288,192 0.188 % 58 M $
NameEquities%Valuation
Ramirez Asset Management, Inc.
0.0509 %
286,548 0.0509 % 16 M $
Boston Common Asset Management LLC
0.003705 %
20,846 0.003705 % 1 M $
Obsidian Capital Pty Ltd.
0.003435 %
19,324 0.003435 % 1 M $
Generali Investments CEE Investicni Spolecnost AS
0.001559 %
8,770 0.001559 % 482 359 $
Yousif Capital Management LLC
0.00109 %
6,132 0.00109 % 337 266 $

Company details: Grupo Financiero Banorte, S.A.B. de C.V.

Grupo Financiero Banorte SAB de CV

David Alfaro Siqueiros 106

66278, San Pedro Garza García

+

http://www.banorte.com
address Grupo Financiero Banorte, S.A.B. de C.V.(GFNORTE O)

Other Banks

Change 5d. change 1-year change 3-years change Capi.($)
-0.95%+1.75%+19.04%+24.35% 31.14B
-1.36%-3.32%+19.19%+120.40% 809B
-2.73%-3.63%+23.34%+85.30% 364B
-1.00%-1.56%+27.68%+48.18% 372B
-0.17%-2.91%+56.45%+120.04% 308B
-1.35%-0.23%+32.53%+55.60% 299B
-0.58%+0.99%+13.81%+49.42% 254B
+0.46%+1.88%+49.12%+89.41% 254B
-3.90%-6.40%+3.18%+97.08% 231B
-1.85%+1.66%+6.28%+81.13% 213B
Average -0.58%-1.17%+25.06%+77.09% 313.7B
Weighted average by Cap. +0.02%-1.88%+25.54%+87.94%
Trader
Investor
-
Global
-
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
193.00MXN
Average target price
220.87MXN
Spread / Average Target
+14.44%

Quarterly revenue - Rate of surprise

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