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Grupo Financiero Banorte S.A.B. de C.V. Company Snapshot
Grupo Financiero Banorte S.A.B. de C.V. operates within the Commercial banks sector. In addition to historical fundamental analyses, the complete report available to purchase compares Grupo Financiero Banorte S.A.B. de C.V. with three other banks in Latin America: Santander Mexico Financial Group SAB de CV (2016 sales of 100.04 billion Mexican Pesos [US$5.62 billion] of which 24% was Commercial Banking), Quinenco S.A. of Chile (4.44 trillion Chilean Pesos [US$7.10 billion] of which 38% was Energy), and Bancolombia SA which is based in Colombia (20.49 trillion Colombian Pesos [US$7.07 billion] of which 57% was Banking Colombia).

Sales Analysis. During the year ended December of 2016, sales at Grupo Financiero Banorte S.A.B. de C.V. were 120.60 billion Mexican Pesos (US$6.78 billion). This is an increase of 12.7% versus 2015, when the company's sales were 107.02 billion Mexican Pesos. Sales of Saving saw an increase of 12.4% in 2016, from 5.10 billion Mexican Pesos to 5.73 billion Mexican Pesos. Not all segments of Grupo Financiero Banorte S.A.B. de C.V. experienced an increase in sales in 2016: sales of Credit Related Services fell 64.1% to 178.00 million Mexican Pesos. (However, this segment's sales were only a very small portion of the company's overall sales).
   
   
 
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Grupo Financiero Banorte S.A.B. de C.V.
  Stock Performance Chart for Grupo Financiero Banorte S.A.B. de C.V.
 
  Stock Data: Recent Stock Performance:
  Current Price (9/15/2017): 121.62
(Figures in Mexican Pesos)
1 Week 1.5%   13 Weeks 0.1%  
4 Weeks 7.4%   52 Weeks 21.0%  
 
Grupo Financiero Banorte S.A.B. de C.V. Key Data:
  Ticker: GFNORTE O Country: Mexico
  Exchanges: MXK Major Industry: Banks
    Sub Industry: Commercial Banks
  2016 Sales 120,600,077,327
(Year Ending Jan 2017).
Employees: 27,929
  Currency: Mexican Pesos Market Cap: 337,337,394,000
  Fiscal Yr Ends: December Shares Outstanding: 2,773,700,000
  Share Type: Common Closely Held Shares:
 
 
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