Grupo Financiero Banorte SAB de CV (GFNORTEO.MX)
76.11MXN
12:59pm EDT
$-1.75 (-2.25%)
$77.86
$77.86
$78.20
$75.84
3,122,954
6,524,009
$101.07
$65.26
GFNORTEO.MX
About
Overall
| Beta: | 1.70 |
| Market Cap (Mil.): | $181,130.20 |
| Shares Outstanding (Mil.): | 2,326.36 |
| Dividend: | 0.18 |
| Yield (%): | 0.85 |
Financials
| GFNORTEO.MX | Industry | Sector | |
|---|---|---|---|
| P/E (TTM): | 15.57 | 12.36 | 15.34 |
| EPS (TTM): | 5.00 | -- | -- |
| ROI: | -- | 0.02 | 1.59 |
| ROE: | 14.69 | 25.92 | 23.45 |
Fitch: Capital Raise and Acquisition of Generali's Stakes Rating Neutral for GFNorte & Subs
(The following statement was released by the rating agency) MONTERREY/NEW YORK, June 12 (Fitch) Grupo Financiero Banorte, S.A.B. de C.V. (GFNorte; rated 'BBB'/'F2' by Fitch with a Stable Outlook) announced yesterday that it would acquire Assicurazioni Generali S.p.A.'s (Generali) 49% stake in its insurance and annuities subsidiaries. Earlier today the company announced plans to raise up to USD3 billion in new capital. These events are in line with Fitch's previously disclosed assumptions an
Mexico's Grupo Banorte says plans up to $3 bln share offering
MEXICO CITY, June 12 - Mexican bank Grupo Financiero Banorte said on Wednesday it is planning a share offering in Mexico and abroad for a total of up to $3 billion, pending regulatory approval.
UPDATE 1-Generali sells Mexican assets to Banorte for $858 mln
MILAN, June 11 - Generali SpA Chief Executive Officer Mario Greco took another step towards meeting a 4 billion euro ($5.3 billion)disposal target, agreeing to sell out of two Mexican companies for $858 million.
CORRECTED-Generali sells Mexican assets to Banorte for $858 mln
MILAN, June 11 - Italy's biggest insurer Generali has agreed to sell its minority stakes in two Mexican companies to Grupo Financiero Banorte for $858 million as it continues to push ahead with its planned sale of non-core assets.
Mexico will see bank reform impact in 2-3 years: Banorte's Ortiz
MEXICO CITY - Mexico's banking reform will take two or three years to have an impact on credit and access to financial services, said the chairman of Mexico's largest locally-owned bank, Grupo Financiero Banorte.
UPDATE 1-Mexico's Banorte posts higher 1st-quarter profit
MEXICO CITY, April 23 - Mexico's fourth-largest bank by assets, Grupo Financiero Banorte, on Tuesday said it posted a 27 percent increase in first-quarter profit.
Mexico's Banorte posts higher 1st-qtr profit
MEXICO CITY, April 23 - Mexico's fourth-largest bank by assets, Grupo Financiero Banorte, on Tuesday posted a 27 percent increase in first-quarter profit.
Fitch Affirms GFNorte & Subs at 'BBB'/'AA+(mex)', Outlook Stable; Takes Various Actions on Subs
(The following statement was released by the rating agency) MONTERREY/NEW YORK, March 22 (Fitch) Fitch Ratings has affirmed Grupo Financiero Banorte's (GFNorte) and Banco Mercantil del Norte S.A.'s (Banorte) Viability ratings (VR) at 'bbb' and their long- and short-term Issuer Default Ratings (IDRs) at 'BBB'/'F2', respectively. Ixe Banco, S.A.'s (Ixe) VR was upgraded to 'bb+' from 'bb'. The National scale ratings for these two banks, as well as those of certain non-bank subsidiaries that ar
Mexico's Banorte seeks $1.49 bln in new mortgage loans in 2013
MEXICO CITY, Feb 11 - Grupo Financiero Banorte plans to make 19 billion pesos ($1.49 billion) in new, individual mortgage loans this year, Mexico's fourth largest bank said on Monday.
Mexican bank Banorte's quarterly profit rises 20 percent
MEXICO CITY - Mexico's fourth-largest bank, Grupo Financiero Banorte, on Thursday posted a 20 percent rise in fourth-quarter profit, helped by lower costs and an increase in funds under management.
Earnings vs. 
Estimates
Analyst Research Reports
| Report Title | Price |
|---|---|
|
Provider: Wright Reports
|
$426.00
|
|
Provider: S&P Capital IQ Factual Report
|
$115.00
|
|
Provider: Reuters Investment Profile
|
$20.00
|
|
Provider: GlobalData
|
$125.00
|
|
Provider: Thomson Reuters StreetEvents
|
$75.00
|
NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
