Grupo Financiero Banorte
Major bank in mexico, based in monterrey.
Launch date
Employees
Market cap
CAD27.2b
Enterprise valuation
CAD27.2b (Public information from Sep 2024)
Share price
$6.84 GFNORTEO.MX
Monterrey Nuevo León (HQ)
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 7.0b | 7.9b | 8.8b | 9.6b | 7.4b | 7.9b | 8.3b |
% growth | 4 % | 12 % | 12 % | 10 % | (23 %) | 6 % | 5 % |
Profit | 1.5b | 1.7b | 2.2b | 2.6b | 2.8b | 2.9b | 3.0b |
% profit margin | 21 % | 22 % | 25 % | 27 % | 38 % | 37 % | 36 % |
EV / revenue | 2.2x | 2.4x | 2.2x | 2.5x | 2.6x | 2.4x | 2.3x |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | IPO | |
* | N/A | $763m | Post IPO Debt |
Total Funding | - |
Related Content
Recent News about Grupo Financiero Banorte
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Tech stackLearn more about the technologies and tools that this company uses.
Investments by Grupo Financiero Banorte
EditACQUISITION by Grupo Financiero Banorte Oct 2017
exited
ACQUISITION by Grupo Financiero Banorte Apr 2006
BUYOUT by DHS Ventures Jan 2021