Last $80.35 MXN
Change Today -0.04 / -0.05%
Volume 687.0K
GFNORTEO On Other Exchanges
Symbol
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As of 4:09 PM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).

grupo financiero banorte-o (GFNORTEO) Snapshot

Open
$80.90
Previous Close
$80.39
Day High
$81.08
Day Low
$80.15
52 Week High
01/13/14 - $97.00
52 Week Low
11/18/14 - $73.89
Market Cap
222.9B
Average Volume 10 Days
8.5M
EPS TTM
$5.57
Shares Outstanding
2.8B
EX-Date
10/28/14
P/E TM
14.4x
Dividend
$0.97
Dividend Yield
1.03%
Current Stock Chart for GRUPO FINANCIERO BANORTE-O (GFNORTEO)

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grupo financiero banorte-o (GFNORTEO) Details

Grupo Financiero Banorte, S. A. B. de C. V. provides banking and financial products and services in Mexico. The company’s Banking Sector segment offers retail banking services, such as checking and savings accounts, credit cards, mortgages, car loans, payroll, and personal loans through various distribution channels; wholesale banking services, including transactional banking services comprises cash management products for corporate and middle-market clients; and middle-market and corporate banking services that comprise financial solutions consisting of structured loans, syndicated loans, financing for acquisitions and investment plans, cash management services, collection, fiduciary, payroll payment, checking accounts, lines of credit, and loans for SMEs. This segment’s international banking and financial institutions engages in the provision of credit support services for the export of goods and services, including letters of credit, payment orders, and dollar checking accounts; and advisory and credit support services related to the import of goods and services, such as financing for import of livestock and machinery, working capital, investment projects, letters of credit, and payment orders. Its Long-term Savings Sector segment offers life and damage insurance products, and pension fund management services. The company’s Brokerage Sector segment provides brokerage, financial advisory, portfolio structuring and portfolio management, asset management, and investment banking services, as well as is involved in the sale of investment funds and debt instruments for individuals and corporations. It’s Sofom and Other Finance Companies Sector segment offers leasing and factoring services; warehousing services, such as inventory management and commercialization, and logistics services; and management and collection of loans and real estate portfolios. Grupo Financiero Banorte, S. A. B. de C. V. was founded in 1899 and is based in Monterrey, Mexico.

27,549 Employees
Last Reported Date: 04/30/14
Founded in 1899

grupo financiero banorte-o (GFNORTEO) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

grupo financiero banorte-o (GFNORTEO) Key Developments

Grupo Financiero Banorte Provides Earnings Guidance for the Full Year 2014 and 2015

Grupo Financiero Banorte provided earnings guidance for the full year 2014 and 2015. The company expects net earnings will be higher with respect to forecast for 2014 between 4% and 6%. The company expects that net earnings will be between MXN 250 million and MXN 280 million, and that embedded value would be higher between MXN 400 million and MXN 500 million. Forecast range of net earnings for 2014 is between MXN 2,300 and MXN 2,100 million. For 2015, the company expects net earnings to increase between 15% and 14%.

Grupo Financiero Banorte, S.A.B. de C.V. - Analyst/Investor Day

Grupo Financiero Banorte, S.A.B. de C.V. - Analyst/Investor Day

Grupo Financiero Banorte, S.A.B. de C.V. Announces Management Changes

Guillermo Ortiz resigned as chairman of Grupo Financiero Banorte and will be replaced by Carlos Hank González at the end of the year. CEO Alejandro Valenzuela will also step down. Valenzuela was replaced effective immediately by José Marcos Ramírez. Prior to his appointment, Ramírez served as managing director of wholesale banking at the group.

 

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GFNORTEO:MM $80.35 MXN -0.04

GFNORTEO Competitors

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Company Last Change
Atlas Financial Holdings Inc $16.19 USD +0.26
General de Seguros SAB $61.25 MXN 0.00
Grupo Financiero Inbursa SAB de CV $37.57 MXN +0.37
Grupo Financiero Santander Mexico SAB de CV $29.92 MXN -0.15
Grupo Nacional Provincial SAB $37.90 MXN 0.00
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Industry Analysis

GFNORTEO

Industry Average

Valuation GFNORTEO Industry Range
Price/Earnings -- Not Meaningful
Price/Sales -- Not Meaningful
Price/Book -- Not Meaningful
Price/Cash Flow 13.6x
TEV/Sales NM Not Meaningful
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