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

Mexico Stock Exchange GFNORTEO.MX

Grupo Financiero Banorte, S.A.B. de C.V. Debt to Equity Ratio for the year ending December 31, 2023: 0.52

Grupo Financiero Banorte, S.A.B. de C.V. Debt to Equity Ratio is 0.52 for the year ending December 31, 2023, a -1.50% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Grupo Financiero Banorte, S.A.B. de C.V. Debt to Equity Ratio for the year ending December 31, 2022 was 0.53, a -11.39% change year over year.
  • Grupo Financiero Banorte, S.A.B. de C.V. Debt to Equity Ratio for the year ending December 31, 2021 was 0.60, a -4.85% change year over year.
  • Grupo Financiero Banorte, S.A.B. de C.V. Debt to Equity Ratio for the year ending December 31, 2020 was 0.63, a 5.30% change year over year.
  • Grupo Financiero Banorte, S.A.B. de C.V. Debt to Equity Ratio for the year ending December 31, 2019 was 0.60, a -39.16% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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Mexico Stock Exchange: GFNORTEO.MX

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

CEO Mr. Jose Marcos Ramirez Miguel
IPO Date Jan. 3, 2000
Location Mexico
Headquarters Santa Fe Building
Employees 33,696
Sector Finance
Industries
Description

Grupo Financiero Banorte, S.A.B. de C.V., through its subsidiaries, provides banking and financial products and services in Mexico. The company offers payroll accounts and credit cards; car, mortgage, payroll, and personal credit banorte; and savings and investment products. It also provides insurance products, including life, home, auto, health, savings, credit card, mobile equipment, and mortgage credit insurance; foreign exchange services; and online and mobile banking services. The company operates through a network of approximately 1,151 branches, 9,668 ATMs, and 154,443 point of sale terminals. Grupo Financiero Banorte, S.A.B. de C.V. was founded in 1899 and is based in Mexico City, Mexico.

StockViz Staff

January 15, 2025

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