RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Grupo Financiero Banorte SAB de CV Stock

Grupo Financiero Banorte SAB de CV ROE 2024

Grupo Financiero Banorte SAB de CV ROE

0.21

Ticker

GFNORTEO.MX

ISIN

MXP370711014

WKN

907669

In 2024, Grupo Financiero Banorte SAB de CV's return on equity (ROE) was 0.21, a 9.28% increase from the 0.19 ROE in the previous year.

Grupo Financiero Banorte SAB de CV Aktienanalyse

What does Grupo Financiero Banorte SAB de CV do?

Grupo Financiero Banorte SAB de CV is a Mexican financial company that was founded in 1899 under the name Banco Mercantil de Monterrey. It is headquartered in Monterrey and has become one of the largest banks in Mexico. Banorte's business model is based on providing financial services such as banking services, insurance, and investment products to individuals and businesses. The company is one of the few financial companies in Mexico that can offer the full range of financial services, from banking to insurance and pension funds. Banorte operates various business divisions, including Banorte MX, Banorte USA, and Banorte Securities. The Banorte MX division is the main division of Banorte and offers a variety of banking products and services, such as credit cards, checking accounts, savings and investment accounts, mortgages, car loans, and online banking services. Banorte USA mainly provides banking services to the Mexican community in the United States, while Banorte Securities specializes in investment banking and stock market services. Banorte also has several insurance companies in its portfolio, including Seguros Banorte, one of the largest providers of car insurance in Mexico. In addition, Banorte offers retirement and contribution plans to assist customers with retirement planning and financial planning. Banorte has invested significantly in technological infrastructure in recent years to enhance the customer experience. The company has improved its online banking portal and introduced a mobile app for customers to conduct financial transactions through their smartphones. Banorte also has a strong presence in the area of social responsibility. The company has a foundation dedicated to supporting education and social projects in Mexico. Banorte has also launched a program to support micro-financed businesses that have difficulty obtaining loans from traditional banks. In summary, Banorte offers a wide range of financial services and has a strong focus on technology and social responsibility. The company has solidified its position as one of Mexico's largest financial service providers and is expected to continue playing a significant role in the Mexican financial sector. Grupo Financiero Banorte SAB de CV ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Grupo Financiero Banorte SAB de CV's Return on Equity (ROE)

Grupo Financiero Banorte SAB de CV's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Grupo Financiero Banorte SAB de CV's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Grupo Financiero Banorte SAB de CV's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Grupo Financiero Banorte SAB de CV’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Grupo Financiero Banorte SAB de CV stock

What is the ROE (Return on Equity) of Grupo Financiero Banorte SAB de CV this year?

The ROE of Grupo Financiero Banorte SAB de CV this year is 0.21 undefined.

How has the Return on Equity (ROE) of Grupo Financiero Banorte SAB de CV developed compared to the previous year?

The ROE of Grupo Financiero Banorte SAB de CV has increased by 9.28% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Grupo Financiero Banorte SAB de CV?

A high ROE indicates that Grupo Financiero Banorte SAB de CV generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Grupo Financiero Banorte SAB de CV?

A low ROE can indicate that Grupo Financiero Banorte SAB de CV is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Grupo Financiero Banorte SAB de CV affect the company?

A change in ROE (Return on Equity) of Grupo Financiero Banorte SAB de CV can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Grupo Financiero Banorte SAB de CV?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Grupo Financiero Banorte SAB de CV?

Some factors that can influence Grupo Financiero Banorte SAB de CV's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Grupo Financiero Banorte SAB de CV pay?

Over the past 12 months, Grupo Financiero Banorte SAB de CV paid a dividend of 13.08 MXN . This corresponds to a dividend yield of about 9.37 %. For the coming 12 months, Grupo Financiero Banorte SAB de CV is expected to pay a dividend of 13.95 MXN.

What is the dividend yield of Grupo Financiero Banorte SAB de CV?

The current dividend yield of Grupo Financiero Banorte SAB de CV is 9.37 %.

When does Grupo Financiero Banorte SAB de CV pay dividends?

Grupo Financiero Banorte SAB de CV pays a quarterly dividend. This is distributed in the months of July, November, July, July.

How secure is the dividend of Grupo Financiero Banorte SAB de CV?

Grupo Financiero Banorte SAB de CV paid dividends every year for the past 6 years.

What is the dividend of Grupo Financiero Banorte SAB de CV?

For the upcoming 12 months, dividends amounting to 13.95 MXN are expected. This corresponds to a dividend yield of 9.99 %.

In which sector is Grupo Financiero Banorte SAB de CV located?

Grupo Financiero Banorte SAB de CV is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Grupo Financiero Banorte SAB de CV kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Grupo Financiero Banorte SAB de CV from 6/28/2024 amounting to 9.089 MXN, you needed to have the stock in your portfolio before the ex-date on 6/27/2024.

When did Grupo Financiero Banorte SAB de CV pay the last dividend?

The last dividend was paid out on 6/28/2024.

What was the dividend of Grupo Financiero Banorte SAB de CV in the year 2023?

In the year 2023, Grupo Financiero Banorte SAB de CV distributed 11.89 MXN as dividends.

In which currency does Grupo Financiero Banorte SAB de CV pay out the dividend?

The dividends of Grupo Financiero Banorte SAB de CV are distributed in MXN.

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Andere Kennzahlen von Grupo Financiero Banorte SAB de CV

Our stock analysis for Grupo Financiero Banorte SAB de CV Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Grupo Financiero Banorte SAB de CV Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.