Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF)
Grupo Financiero Banorte, S.A.B. de C.V. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Mexico City, DF, MX. The stock last traded at $11.35, down 0.20% on the session, giving a market capitalisation of $31.48B. On trailing twelve-month figures it carries a trailing P/E of 7.70, a net margin of 12.2%. Its beta of 0.13 implies it has historically moved less than the broad market.
Grupo Financiero Banorte, S.A.B. de C.V., along with its various subsidiaries, delivers a broad spectrum of banking and financial services and products throughout Mexico. The company's offerings encompass essential deposit services like payroll accounts, a diverse selection of credit cards, and a range of loan products, including those for automobiles, mortgages, payroll-backed financing, and personal credit. Customers can also access numerous savings and investment solutions. Further extending its reach, Banorte provides a comprehensive suite of insurance policies, such as coverage for life, home, vehicles, health, savings, credit cards, mobile equipment, and mortgage protection. Additionally, it facilitates foreign currency exchange and offers convenient digital banking options through its online and mobile platforms. The institution maintains a significant physical presence, operating an extensive network that includes approximately 1,151 branches, 9,668 automated teller machines (ATMs), and 154,443 point-of-sale (POS) terminals. Grupo Financiero Banorte, S.A.B. de C.V. was founded in 1899 and is headquartered in Mexico City, Mexico.
Grupo Financiero Banorte, S.A.B. de C.V. is most often compared with the following Financial Services names: