Banorte Overview

  • Founded
  • 1899

Founded
  • Status
  • Public

  • Employees
  • 30,887

Employees
  • Stock Symbol
  • GFNORTEO

Stock Symbol
  • Investments
  • 19

  • Share Price
  • $8.01

  • (As of Friday Closing)

Banorte General Information

Description

Grupo Financiero Banorte SAB de CV is a Mexican financial services company. The company offers a wide variety of products and services including banking services, brokerage, wholesale banking, leasing, factoring, insurance, pensions, and retirement savings. It operates locally in Mexico.

Contact Information

Website
www.banorte.com
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
National Banks
Stock Exchange
MEX
Primary Office
  • Avenida Revolucion No. 3000
  • Col. Primavera
  • Monterrey, 64830
  • Mexico
+52 81 0000 0000

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Banorte Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$8.01 $8.16 $5.30 - $9.11 $23.1B 2.88B 5.65M $0.74

Banorte Financials Summary

In Thousands,
USD
TTM 30-Sep-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
Revenue 9,187,656 7,932,795 6,684,476 7,168,907
Net Income 2,124,876 1,727,250 1,419,572 1,896,850
Total Assets 100,971,372 90,436,772 89,862,937 83,426,087
Total Debt 68,322,226 63,477,963 63,890,400 61,151,833
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Banorte Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Banorte Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Grupo Financiero Banorte SAB de CV is a Mexican financial services company. The company offers a wide variety of product
National Banks
Monterrey, Mexico
30,887 As of 2021
00.000
00000000 00.000

00000

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00000000 00000
Boadilla del Monte, Spain
000000 As of 0000
00.000
000000000 00.000

000000

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00000000 00000
Charlotte, NC
00000 As of 0000
00000000
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Banorte Competitors (41)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Banco Santander Corporation Boadilla del Monte, Spain 000000 00.000 000000000 00.000
000000 000000000 Corporation Charlotte, NC 00000 00000000
000000 0000000 000 Corporation London, United Kingdom 00000 000.00 00000000000 000.00
00000000 0000 Corporate Backed or Acquired Oak Ridge, NJ 000 00000 000000&0 00000
000 0000000 Corporation Norwich, NY 0000 00000000
You’re viewing 5 of 41 competitors. Get the full list »

Banorte Executive Team (9)

Name Title Board Seat Contact Info
Marcos Miguel Chief Executive Officer & General Director
Rafael Garza Chief Financial Officer & Chief Operating Officer
Ignacio Paz Treasury Executive Director
Tomás Derbez Head of Investor Relations, Financial Intelligence and M&A
You’re viewing 4 of 9 executive team members. Get the full list »

Banorte Board Members (16)

Name Representing Role Since
000000 0000 00000 Banorte Independent Director 000 0000
000000000 00000000 Self Independent Director 000 0000
0000000 00 0000000 Self Board Member 000 0000
0000000 00000 0000 Banorte Board Member 000 0000
0000000 00000 0000 Banorte Board Member 000 0000
You’re viewing 5 of 16 board members. Get the full list »

Banorte Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Banorte Investments & Acquisitions (19)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000 26-Apr-2022 00000 0000 00000 Real Estate Services (B2C)
0000 10-Jun-2021 00000 0000 00000 Financial Software
00000 0000000 30-Jun-2020 00000 0000 000.00 Other Financial Services 000000 00
00000 0000000 13-Jul-2018 0000000000 00.000 Investment Banks 000000 00
Pensiones Banorte-Generali 04-Oct-2013 Secondary Transaction - Private 00000 Other Commercial Services 0000 0000
You’re viewing 5 of 19 investments and acquisitions. Get the full list »

Banorte Subsidiaries (5)

Company Name Industry Location Founded
Casa de Bolsa Banorte Ixe Financing Advisory Mexico City, Mexico 2011
00000 000 0000000 Corporate Pension Mexico City, Mexico 0000
000000000 00000000 Other Financial Services Rochelle Park, NJ 0000
00000 00000000 000
000000000 00 00000 Financing Advisory
To view Banorte’s complete subsidiaries history, request access »

Banorte ESG

Risk Overview

Risk Rating

Updated December, 28, 2022

16.93 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.0

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 15,231

Rank

00.00

Percentile

Banks

Industry

00 of 985

Rank

00.00

Percentile

Diversified Banks

Subindustry

00 of 384

Rank

0.00

Percentile

To view Banorte’s complete esg history, request access »

Banorte Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000 00000000 000 01-Apr-2009 000000000 00000000 00000 Completed
  • 0000000
Inter National Bank 17-Nov-2006 Merger/Acquisition 00000 Completed
To view Banorte’s complete exits history, request access »