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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: Banco De Bogota of Colombia (2015 sales of 14.72 trillion Colombian Pesos [US$5.01 billion] ), Quinenco S.A. of Chile (4.45 trillion Chilean Pesos [US$6.68 billion] of which 38% was Energy), and Bancolombia SA which is based in Colombia (15.64 trillion Colombian Pesos [US$5.32 billion] of which 49% was Banking Colombia).

Sales Analysis. During the year ended December of 2015, sales at Grupo Financiero Banorte S.A.B. de C.V. were 107.02 billion Mexican Pesos (US$5.72 billion). This is a decrease of 1.4% versus 2014, when the company's sales were 108.51 billion Mexican Pesos. Contributing to the drop in overall sales was the 15.1% decline in Brokerage, from 931.00 million Mexican Pesos to 790.00 million Mexican Pesos. There were also decreases in sales in Credit Related Services (down 12.8% to 496.00 million Mexican Pesos) . However, these declines were partially offset by the increase in sales of Commercial Banking (up 13.3% to 13.52 billion Mexican Pesos) and Saving (up 14.7% to 5.10 billion Mexican Pesos) .
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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 (10/21/2016): 112.73
(Figures in Mexican Pesos)
1 Week 5.3%   13 Weeks 9.3%  
4 Weeks 10.6%   52 Weeks 24.0%  
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
  2015 Sales 107,017,957,645
(Year Ending Jan 2016).
Employees: 27,943
  Currency: Mexican Pesos Market Cap: 312,682,533,637
  Fiscal Yr Ends: December Shares Outstanding: 2,773,729,563
  Share Type: Common Closely Held Shares:
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