Grupo Financiero Banorte SAB de CV
BMV:GFNORTEO

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Grupo Financiero Banorte SAB de CV
BMV:GFNORTEO
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Price: 140.43 MXN -1.9% Market Closed
Market Cap: 404.9B MXN
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Grupo Financiero Banorte SAB de CV
Retained Earnings

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Grupo Financiero Banorte SAB de CV
Retained Earnings Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Retained Earnings CAGR 3Y CAGR 5Y CAGR 10Y
Grupo Financiero Banorte SAB de CV
BMV:GFNORTEO
Retained Earnings
Mex$180B
CAGR 3-Years
3%
CAGR 5-Years
9%
CAGR 10-Years
11%
Grupo Financiero Inbursa SAB de CV
BMV:GFINBURO
Retained Earnings
Mex$214B
CAGR 3-Years
16%
CAGR 5-Years
13%
CAGR 10-Years
14%
Banco del Bajio SA Institucion de Banca Multiple
BMV:BBAJIOO
Retained Earnings
Mex$26.5B
CAGR 3-Years
7%
CAGR 5-Years
12%
CAGR 10-Years
N/A
Grupo Elektra SAB de CV
BMV:ELEKTRA
Retained Earnings
Mex$82.1B
CAGR 3-Years
-6%
CAGR 5-Years
N/A
CAGR 10-Years
6%
No Stocks Found

Grupo Financiero Banorte SAB de CV
Glance View

Market Cap
400.9B MXN
Industry
Banking

Grupo Financiero Banorte SAB de CV is one of Mexico's largest and most respected financial services companies, offering a diverse range of banking and financial solutions that cater to both individual and institutional clients. Founded in 1899 and headquartered in Mexico City, Banorte has evolved from a regional bank into a powerful player in the Mexican financial landscape. The company has expanded its reach through strategic acquisitions, including the notable purchase of Interacciones in 2018, which significantly bolstered its position in the retail banking and wealth management sectors. Banorte is committed to financial inclusion, aiming to provide services to underserved populations, further enhancing its role in Mexico’s economic development. For investors, Banorte presents a compelling opportunity, characterized by a solid financial foundation, consistent profitability, and a strong market presence. With a comprehensive portfolio that includes personal banking, corporate financing, and investment services, the company has demonstrated resilience and adaptability in the face of economic fluctuations. Banorte’s focus on digital transformation and innovation ensures that it stays competitive in a rapidly evolving financial landscape. As an integral part of Mexico's economy, Banorte is positioned to benefit from the country's growth potential, making it an attractive choice for investors looking to gain exposure to the robust Mexican financial market while enjoying the stability offered by a storied institution.

GFNORTEO Intrinsic Value
168.06 MXN
Undervaluation 16%
Intrinsic Value
Price

See Also

What is Grupo Financiero Banorte SAB de CV's Retained Earnings?
Retained Earnings
180B MXN

Based on the financial report for Jun 30, 2024, Grupo Financiero Banorte SAB de CV's Retained Earnings amounts to 180B MXN.

What is Grupo Financiero Banorte SAB de CV's Retained Earnings growth rate?
Retained Earnings CAGR 10Y
11%

Over the last year, the Retained Earnings growth was 2%. The average annual Retained Earnings growth rates for Grupo Financiero Banorte SAB de CV have been 3% over the past three years , 9% over the past five years , and 11% over the past ten years .

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