Grupo Financiero Banorte, S.A.B. de C.V. (GBOOY) Research

Grupo Financiero Banorte, S.A.B. de C.V., operating through its various subsidiaries, offers a comprehensive range of banking and financial solutions across Mexico. The institution provides diverse credit offerings, such as payroll accounts, credit cards, and specialized loans for vehicles, mortgages, payroll advancements, and personal financing. Customers also have access to various savings and investment products. Furthermore, Banorte extends its services to include an extensive selection of insurance policies, encompassing coverage for life, home, automotive, health, savings, credit cards, mobile devices, and mortgage protection. The company's portfolio also features foreign currency exchange and modern digital banking options accessible through online and mobile platforms. Established in 1899 and headquartered in Mexico City, Mexico, this financial group maintains a substantial operational footprint. Its network comprises approximately 1,151 branch locations, 9,668 automated teller machines (ATMs), and 154,443 point-of-sale terminals.

Market snapshot

Symbol
GBOOY
Price
$55.18
Day change
+0.38%
Market cap
$531.8B
P/E ratio
10.04x
52-week range
41.7-62.89
Sector
Financial Services
Industry
Banks - Regional
Next earnings
in 1 month

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