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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 Santander Brasil SA of BRAZIL (2020 sales of 67.33 billion Brazilian Reals [US$12.21 billion] of which 62% was Commercial Banking), Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand (145.01 billion Mexican Pesos [US$7.05 billion] of which 28% was Commercial Banking), and Grupo Aval Acciones y Valores S.A. which is based in COLOMBIA (28.95 trillion Colombian Pesos [US$7.73 billion] ).

Sales Analysis. During the second quarter of 2021, sales at Grupo Financiero Banorte S.A.B. de C.V. totalled 47.81 billion Mexican Pesos. This is a drop of 1.3% from the 48.44 billion Mexican Pesos in sales at the company during the second quarter in 2020. During the first two quarters of 2021, sales totalled 103.49 billion Mexican Pesos, which is 1.7% lower than through the first two quarters of 2020. During the previous 6 quarters, sales at Grupo Financiero Banorte S.A.B. de C.V. have fallen vis-à-vis the same quarter in the previous year. During the year ended December of 2020, sales at Grupo Financiero Banorte S.A.B. de C.V. were 201.11 billion Mexican Pesos (US$9.78 billion). This is a decrease of 6.2% versus 2019, when the company's sales were 214.37 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 (10/8/2021): 134.96
(Figures in Mexican Pesos)
1 Week 1.0%   13 Weeks 5.9%  
4 Weeks 5.8%   52 Weeks 57.2%  
 
Grupo Financiero Banorte S.A.B. de C.V. Key Data:
  Ticker: GFNORTEO Country: Mexico
  Exchanges: MXK Major Industry: Banks
    Sub Industry: Commercial Banks
  2020 Sales 201,111,711,847
(Year Ending Jan 2021).
Employees: 29,920
  Currency: Mexican Pesos Market Cap: 389,151,301,926
  Fiscal Yr Ends: December Shares Outstanding: 2,883,456,594
  Share Type: Common Closely Held Shares:
 
 
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