Grupo Financiero Banorte SAB de CV
BMV:GFNORTEO

Watchlist Manager
Grupo Financiero Banorte SAB de CV Logo
Grupo Financiero Banorte SAB de CV
BMV:GFNORTEO
Watchlist
Price: 140.43 MXN -1.9% Market Closed
Market Cap: 404.9B MXN
Have any thoughts about
Grupo Financiero Banorte SAB de CV?
Write Note

Grupo Financiero Banorte SAB de CV
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Grupo Financiero Banorte SAB de CV
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Grupo Financiero Banorte SAB de CV
BMV:GFNORTEO
Tax Provision
-Mex$19B
CAGR 3-Years
-22%
CAGR 5-Years
-8%
CAGR 10-Years
-14%
Grupo Financiero Inbursa SAB de CV
BMV:GFINBURO
Tax Provision
-Mex$10.9B
CAGR 3-Years
-54%
CAGR 5-Years
-18%
CAGR 10-Years
-8%
Banco del Bajio SA Institucion de Banca Multiple
BMV:BBAJIOO
Tax Provision
-Mex$4.2B
CAGR 3-Years
-66%
CAGR 5-Years
-18%
CAGR 10-Years
N/A
Grupo Elektra SAB de CV
BMV:ELEKTRA
Tax Provision
-Mex$869.8m
CAGR 3-Years
46%
CAGR 5-Years
37%
CAGR 10-Years
1%
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 Tax Provision?
Tax Provision
-19B MXN

Based on the financial report for Jun 30, 2024, Grupo Financiero Banorte SAB de CV's Tax Provision amounts to -19B MXN.

What is Grupo Financiero Banorte SAB de CV's Tax Provision growth rate?
Tax Provision CAGR 10Y
-14%

Over the last year, the Tax Provision growth was -10%. The average annual Tax Provision growth rates for Grupo Financiero Banorte SAB de CV have been -22% over the past three years , -8% over the past five years , and -14% over the past ten years .

Back to Top