Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY – Get Free Report)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $57.95, but opened at $55.70. Grupo Financiero Banorte SAB de CV shares last traded at $58.81, with a volume of 16,062 shares.
Grupo Financiero Banorte SAB de CV Trading Down 0.2%
The company’s fifty day moving average is $55.33 and its 200-day moving average is $55.07. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $32.82 billion, a P/E ratio of 9.84, a P/E/G ratio of 1.29 and a beta of 0.70.
Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY – Get Free Report) last announced its earnings results on Tuesday, July 21st. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.58 by $0.01. Grupo Financiero Banorte SAB de CV had a net margin of 14.97% and a return on equity of 22.25%. The firm had revenue of $2.48 billion for the quarter, compared to the consensus estimate of $2.29 billion. As a group, sell-side analysts anticipate that Grupo Financiero Banorte SAB de CV will post 6.46 earnings per share for the current fiscal year.
Grupo Financiero Banorte SAB de CV Company Profile
Grupo Financiero Banorte SAB de CV, commonly known as Banorte, is a major Mexican financial services holding company headquartered in Monterrey, Mexico. The group operates a universal banking franchise that serves retail, small and medium-sized enterprises, and large corporate clients across Mexico. Banorte provides a broad suite of banking services through an extensive branch network and digital channels and maintains an international investor presence, including ADRs that trade on the U.S. OTC market under the symbol GBOOY.
Banorte’s core businesses include retail and commercial banking—offering deposit accounts, payment and cash management services, consumer and mortgage loans, credit and debit cards, and lending to corporate clients.
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