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

Mex$191.91-Mex$2.67ย  (1.37%)
Estimate
P/E
8.7
EPS
22.17
Beta
0.153
Growth
Revenue, YoY
-1.29%
Net income, YoY
1.71%
FCF, YoY
-69.35%
Forecast
P/E (FWD)
8.2
EPS (FWD)
23.477
Dividends
Dividend yield
10.89%
Annual payout
Mex$20.90
Next ex. div date
November 28, 26
Payout
42.56%
Dividend growth streak
1 year
Div.rating
About the company
Ticker
GFNORTEO
ISIN
MXP370711014
Country
Other
Sector (GICS)
Financials
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. It offers retail banking services, including checking and deposit accounts; credit and debit cards; mortgage, car, payroll, and personal loans; SME loans; payroll accounts; and car, home, life, and SME insurance. The company also provides wholesale banking services, such as structured loans, syndicated loans, leveraged acquisitions, investment planning, and cash management of collections, trust services, payroll, checking accounts, and credit lines; online banking, collections and payments, acquirer services, payroll, cash management and reconciliation services, currency trading, excess cash and liquidity management, and hedging and insurance; and import-export letters of credit, documentary collections, bank guarantees, standby letters of credit, letter of credit financing, import-export foreign trade financing, foreign trade structured financing, discounted import bills of exchange, import bank guarantees, international wire transfers, and remittances. In addition, it offers checking solutions, including current investment and debit accounts; financial solutions comprising SME loans and commercial credit cards; technological solutions, such as online banking, PST, and payroll; and commercial insurance solutions that consist of auto, home, and employee insurance. The company was founded in 1899 and is based in Mexico City, Mexico.

Frequently asked questions

What sector does Grupo Financiero Banorte S.A.B. de C.V (GFNORTEO) operate in?

Grupo Financiero Banorte S.A.B. de C.V belongs to the Financials sector and operates in the Banks - Regional industry.

What is Grupo Financiero Banorte S.A.B. de C.V (GFNORTEO) current stock price?

As of the latest data, Grupo Financiero Banorte S.A.B. de C.V stock price is MX$191.91, with a previous close of MX$194.58. Grupo Financiero Banorte S.A.B. de C.V lost -MX$2.67 in the last trading session, representing a -1.37% loss.

What is Grupo Financiero Banorte S.A.B. de C.V (GFNORTEO) current market capitalization?

Grupo Financiero Banorte S.A.B. de C.V market cap is approximately 532.49 billion.

What is Grupo Financiero Banorte S.A.B. de C.V (GFNORTEO) Earnings Per Share (EPS)?

The trailing EPS is MX$22.17, and the forward EPS is MX$23.48.

What is Grupo Financiero Banorte S.A.B. de C.V (GFNORTEO) Price-to-Earnings (P/E) ratio?

Grupo Financiero Banorte S.A.B. de C.V current P/E ratio is 8.66, with a forward P/E of 8.17.

Does Grupo Financiero Banorte S.A.B. de C.V (GFNORTEO) pay dividends?

Yes. Grupo Financiero Banorte S.A.B. de C.V pays semiannual dividends with an annualized yield of 10.89% and an estimated annual payout of MX$20.90 per share.

When is the next ex-dividend date for Grupo Financiero Banorte S.A.B. de C.V (GFNORTEO)?

The next ex-dividend date is scheduled for November 28, 2026.

How did Grupo Financiero Banorte S.A.B. de C.V (GFNORTEO) perform in its most recent earnings report?

In the last report (June 30, 2026), Grupo Financiero Banorte S.A.B. de C.V posted an EPS surprise of 1.45% and a revenue surprise of 46.6%.

When is Grupo Financiero Banorte S.A.B. de C.V (GFNORTEO) next earnings report?

Grupo Financiero Banorte S.A.B. de C.V is expected to release its next earnings report on September 30, 2026.

What is Grupo Financiero Banorte S.A.B. de C.V (GFNORTEO) beta (volatility) score?

Grupo Financiero Banorte S.A.B. de C.V has a beta of 0.153, indicating lower volatility than the overall market.