Grupo Financiero Banorte SAB de CV

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Grupo Financiero Banorte SAB de CV is a holding company, which engages in the provision of banking services. It operates through the following segments: Holding, Banorte, Savings and Forecast, Landlord and Factor, Storage, and Brokerage house Banorte. The company was founded in 1899 and is headquartered in Mexico City, Mexico.

Grupo Financiero Banorte, S.A.B. de C.V. (OTCQX:GBOOF) Q1 2024 Earnings Call Transcript April 17, 2024 11:00 AM ET Company Participants Tomas Lozano - Head of Corporate Development, Investor Relations Marcos Ramirez - Chief Executive Officer Rafael Arana - Chief Financial Officer Fernando Soberon - Managing Director, Annuities and Pensions José Francisco Martha González - MD Digital Banking Conference Call Participants Yuri Fernandes - JPMorgan Thiago Batista - UBS Beatriz Abreu - Goldman Sachs Renato Meloni - Autonomous Nicolas Riva - Bank of America Carlos Gomez-Lopez - HSBC Andres Soto - Santander Natalia Corfield - JP Morgan Edson Murguia - SummaCap Tejkiran Kannaluri - White Oak Capital Operator Good morning.

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF) Q1 2024 Earnings Call Transcript

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOY) Q4 2023 Earnings Call Transcript

Mexico's Grupo Financiero Banorte reported on Wednesday a 13% increase in its fourth-quarter net profit, driven by loan growth, a decline in interest expense and lower funding costs.

Mexico's Banorte posts 13% profit jump in Q4 pushed by loan growth

Blackstone Group

Investors interested in Financial - Miscellaneous Services stocks are likely familiar with Grupo Financiero Banorte SAB de CV (GBOOY) and Blackstone Inc. (BX). But which of these two stocks is more attractive to value investors?

GBOOY vs. BX: Which Stock Should Value Investors Buy Now?

Banorte has defied earnings expectations in recent quarters. Management is also making all the right moves to limit any rate-driven normalization impact ahead. The stock may have re-rated into year-end but is still priced quite reasonably relative to its underlying fundamentals.

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Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF) Q3 2023 Earnings Call Transcript

Fomento Economico Mexicano SAB de CV

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Bloomberg Opinion columnist Eduardo Porter, who covers Latin America for the publication, recently wondered if Mexico could find a way to true prosperity. For example, the country's gross domestic product (GDP) is up to 35%, a distinctive rise from the 5% export status in 1990.

3 Must-Buy Stocks for the Coming Mexico Boom

Banorte has begun to reset its rate-sensitive balance sheet as Mexico inches closer to its rate cut cycle. Margins will inevitably compress, but the bank has multiple levers to mitigate the impact and can always fall back on the broader economic upswing in Mexico. There are positives in the stock, but given Banorte's underlying growth potential and industry-leading payout, investors should still come out ahead here.

Grupo Financiero Banorte: Rate Cuts Loom, But There's Still Cause For Optimism

Brookfield Asset Management

Investors interested in Financial - Miscellaneous Services stocks are likely familiar with Grupo Financiero Banorte SAB de CV (GBOOY) and Brookfield Asset Management (BAM). But which of these two stocks presents investors with the better value opportunity right now?

GBOOY or BAM: Which Is the Better Value Stock Right Now?

Investors with an interest in Financial - Miscellaneous Services stocks have likely encountered both Grupo Financiero Banorte SAB de CV (GBOOY) and Brookfield Asset Management (BAM). But which of these two companies is the best option for those looking for undervalued stocks?

GBOOY vs. BAM: Which Stock Is the Better Value Option?

Grupo Financiero Banorte, S.A.B. de C.V. (OTCQX:GBOOF) Q2 2023 Earnings Conference Call July 21, 2023 11:00 AM ET Company Participants Tomás Lozano - Head, Corporate Development, Investor Relations and ESG Marcos Ramirez - Chief Executive Officer Rafael Arana - Chief Operating Officer and CFO Gerardo Salazar - Chief Risk Officer Fernando Soberon - Chief Product Development Officer Alejandro Padilla - Chief Economist Conference Call Participants Gustavo Schroden - Bradesco Geoffrey Elliott - Autonomous Tito Labarta - Goldman Yuri Fernandes - JPMorgan Ernesto Gabilondo - Bank of America Luis Yance - Compass Group Olavo Arthuzo - UBS José Cuenca - Citi Carlos Gomez - HSBC Tejkiran Magesh - WhiteOak Capital Natalia Corfield - J.P.

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF) Q2 2023 Earnings Call Transcript

Mexico's Grupo Financiero Banorte reported on Thursday a 14% increase in second-quarter net profit, hitting 13.09 billion pesos ($764.68 million) on better results in its insurance and annuities and trading units.

Mexico's Banorte posts profit boost on insurance, trading units

Investors with an interest in Financial - Miscellaneous Services stocks have likely encountered both Grupo Financiero Banorte SAB de CV (GBOOY) and Blackstone Inc. (BX). But which of these two stocks presents investors with the better value opportunity right now?

GBOOY or BX: Which Is the Better Value Stock Right Now?

Moody's

Investors looking for stocks in the Financial - Miscellaneous Services sector might want to consider either Grupo Financiero Banorte SAB de CV (GBOOY) or Moody's (MCO). But which of these two stocks presents investors with the better value opportunity right now?

GBOOY vs. MCO: Which Stock Should Value Investors Buy Now?

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Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF) Q1 2023 Earnings Call Transcript.

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF) Q1 2023 Earnings Call Transcript

Mexican lender Grupo Financiero Banorte is preparing to hire 800 new employees to tap into growing demand from global companies moving their manufacturing operations to Mexico, its chairman told Reuters.

Mexico's Banorte to add 800 jobs to tap into nearshoring

Mexican lender Grupo Financiero Banorte is preparing to launch a digital bank late this year or in early 2024, which it hopes will add about 3 million customers, its chairman said on Tuesday.

Mexico's Banorte targets 3 mln customers for new digital bank -chairman

Royalty Pharma

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Grupo Financiero Banorte SAB de CV (GBOOY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Grupo Financiero Banorte SAB de CV (GBOOY) Upgraded to Strong Buy: What Does It Mean for the Stock?

GBOOY or RPRX: Which Is the Better Value Stock Right Now?

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The MSCI Latin America Index has performed better than the MSCI Emerging Market Index cumulatively over the past 5 and 7 years as well as over longer time periods, buoyed by its natural resource companies. The region is well placed to take advantage of the opportunities created by the renewable energy revolution with 54% of global lithium reserves concentrated there.

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Grupo Financiero Banorte, S.A.B. de C.V. (OTCQX:GBOOF) Q4 2022 Earnings Conference Call January 20, 2023 10:00 AM ET Company Participants Tomas Lozano - Head-Corporate Development, IR and ESG Marcos Ramírez - CEO Rafael Arana - COO and CFO Gerardo Salazar Viezca - Chief Risk Officer Conference Call Participants Ernesto Gabilondo - Bank of America Merrill Lynch Ricardo Buchpiguel - BTG Tito Labarta - Goldman Sachs Jason Mollin - Scotiabank Yuri Fernandes - JPMorgan Carlos Gomez - HSBC Marcelo Telles - Credit Suisse Gilberto García - Barclays José Luis Cuenca - Citi Nicolas Riva - Bank of America Merrill Lynch Natalia Corfield - JPMorgan Mariel Arévalo - Benito Juárez Tomas Lozano Good morning.

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF) Q4 2022 Earnings Call Transcript

Grupo Financiero Banorte SAB de CV (GBOOY) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Here's Why 'Trend' Investors Would Love Betting on Grupo Financiero Banorte SAB de CV (GBOOY)

News for Grupo Financiero Banorte SAB de CV Stock (GBOOY)