Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY – Get Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $57.06, but opened at $60.59. Grupo Financiero Banorte SAB de CV shares last traded at $57.39, with a volume of 2,069 shares traded.
Grupo Financiero Banorte SAB de CV Trading Up 0.6%
The firm has a market capitalization of $32.31 billion, a PE ratio of 9.68, a PEG ratio of 1.29 and a beta of 0.70. The business has a fifty day moving average price of $56.01 and a two-hundred day moving average price of $55.05. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.64.
Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY – Get Free Report) last posted its earnings results on Tuesday, July 21st. The company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.58 by $0.01. The firm had revenue of $2.48 billion for the quarter, compared to analyst estimates of $2.29 billion. Grupo Financiero Banorte SAB de CV had a return on equity of 22.30% and a net margin of 14.97%. Analysts expect that Grupo Financiero Banorte SAB de CV will post 6.46 EPS for the current fiscal year.
About Grupo Financiero Banorte SAB de CV
Grupo Financiero Banorte, SAB. de C.V. is a Mexican financial services holding company headquartered in Mexico City. Its principal subsidiary, Banco Mercantil del Norte, commonly known as Banorte, provides banking services to individuals, small and medium-sized businesses, corporations, and government entities.
Banorte’s products and services include deposit accounts, consumer and commercial lending, mortgages, credit and debit cards, electronic banking, treasury services, and investment products.
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