Grupo Financiero Banorte S.A.B. de C.V

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Grupo Financiero Banorte S.A.B. de C.V (GFNORTEO) Price Performance

Grupo Financiero Banorte S.A.B. de C.V (GFNORTEO) trades on MX in MXN. The company is classified in the Financial Services sector under the Banks - Regional industry. The stock currently trades at MXN185.62, up 0.76% from the previous close.

Over the past year, GFNORTEO has traded between a low of MXN122.60 and a high of MXN208.50. The stock has gained 42.7% over this period. It is currently 11.0% below its 52-week high.

Grupo Financiero Banorte S.A.B. de C.V has a market capitalization of $539.75B, with a price-to-earnings ratio of 9.01.

About Grupo Financiero Banorte S.A.B. de C.V

Grupo Financiero Banorte, S.A.B. de C.V., through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. It offers retail banking services, including checking and deposit accounts; credit and debit cards; and mortgage, car, payroll, and personal loans; SME loans; payroll accounts; and car, home, life, and SME insurance. The company also provides wholesale banking services, such as structured loans, syndicated loans, leveraged acquisitions, investment planning, and cash management of collections, trust services, payroll, checking accounts, and credit lines; online banking, collections and payments, acquirer services, payroll, cash management and reconciliation services, currency trading, excess cash and liquidity management, and hedging and insurance; and import-export letters of credit, documentary collections, bank guarantees, standby letters of credit, letter of credit financing, import-export foreign trade financing, foreign trade structured financing, discounted import bills of exchange, import bank guarantees, international wire transfers, and remittances. In addition, it offers checking solutions, including current investment and debit accounts; financial solutions comprising SME loans and commercial credit cards; technological solutions, such as online banking, POS terminals, and payroll; and commercial insurance solutions that consist of auto, home, and employee insurance. The company was founded in 1899 and is based in Mexico City, Mexico.