S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
OTCMKTS:GBOOY

Grupo Financiero Banorte (GBOOY) Stock Price, News & Analysis

$53.15
-0.09 (-0.17%)
(As of 03/27/2024 ET)
Today's Range
$52.73
$53.75
50-Day Range
$47.89
$55.60
52-Week Range
$37.50
$55.68
Volume
47,992 shs
Average Volume
19,193 shs
Market Capitalization
$30.65 billion
P/E Ratio
N/A
Dividend Yield
6.23%
Price Target
N/A

Grupo Financiero Banorte MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
2.24%
From $5.35 to $5.47 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.71 out of 5 stars

GBOOY stock logo

About Grupo Financiero Banorte Stock (OTCMKTS:GBOOY)

Grupo Financiero Banorte, S.A.B. de C.V., through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. The company accepts checking, current, retirement, and payroll accounts; and provides loans, including mortgage, car, payroll, personal, structured, syndicated, SME loans, and credit cards, as well as letter of credit financing, acquisition funding, and import and export foreign trade financing. It is also involved in investment planning, foreign currency purchase/sale, financial advice, brokerage, asset management, investment banking, letters of credit, bank guarantees, and leasing and factoring activities. In addition, the company sells mutual funds and debt and capital instruments; issues debit cards; and provides insurance services for car, home, life, medical, employee, and SMEs, as well as cash management services for collection, trustees, payroll, and lines of credit. Further, it provides online banking, POS, payment, reconciliation, documentary collection, import bills of exchange discount, International wire transfer, remittances, storage, inventory management, logistics, marketing, and payroll services. The company was founded in 1899 and is based in Mexico City, Mexico.

GBOOY Stock Price History

GBOOY Stock News Headlines

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Grupo Financiero Banorte ADR
Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF)
Grupo Inbursa
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Grupo Financiero Banorte SAB de CV Class O
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GBOOY Grupo Financiero Banorte, S.A.B. de C.V.
Grupo Financiero Banorte SAB de CV ADR
See More Headlines
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Company Calendar

Last Earnings
1/22/2015
Today
3/28/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Current Symbol
OTCMKTS:GBOOY
Previous Symbol
NASDAQ:GBOOY
CIK
N/A
Fax
N/A
Employees
32,705
Year Founded
1899

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$7.68 billion
Cash Flow
$3.36 per share

Miscellaneous

Free Float
N/A
Market Cap
$30.65 billion
Optionable
Not Optionable
Beta
1.17

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Key Executives

  • Mr. Jose Marcos Ramirez Miguel (Age 60)
    CEO & Proprietary Board Member
  • Engineer Rafael Victorio Arana de la Garza (Age 73)
    Chief Financial & Operational Officer
  • Ms. Mayra Nelly Lopez Lopez
    Executive Director of Accounting
  • Mr. Arturo Monroy Ballesteros (Age 50)
    Head of Investment Banking & Structured Finance
  • Mr. Javier Beltran Cantu (Age 55)
    Chief Administrator & Human Relations Officer
  • Mr. Tomas Lozano Derbez
    Head of Corporate Development, Investor Relations, Financial Intelligence, M&A and Sustainability
  • Mr. Hector Martín Avila Flores (Age 56)
    Chief Legal Officer & Secretary of the Board
  • Mr. Fernando Solís Cámara y Jiménez Canet J.C.
    Deputy Managing Director of Communication & Public Affairs
  • Ms. Carla Juan Chelala (Age 54)
    Deputy Managing Director of Marketing
  • Mr. Carlos Eduardo Martinez Gonzalez (Age 60)
    Managing Director of Government Banking

Should I Buy Grupo Financiero Banorte Stock? GBOOY Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Grupo Financiero Banorte was last updated on Tuesday, March 26, 2024 at 10:48 PM.

Pros

Here are some ways that investors could benefit from investing in Grupo Financiero Banorte, S.A.B. de C.V.:

  • Grupo Financiero Banorte recently joined the Safe and Healthy Work Environments program by IMSS, showcasing a commitment to employee well-being and potentially improving productivity.
  • The company offers a diverse range of banking and financial products and services, including loans, credit cards, investment planning, and insurance, providing multiple revenue streams.
  • Grupo Financiero Banorte engages in investment banking activities, which can lead to higher returns for investors through advisory services, asset management, and investment opportunities.
  • The stock price of Grupo Financiero Banorte has shown stability and growth in recent periods, indicating a positive market sentiment towards the company.
  • The company has a long-standing history since its founding in 1899, demonstrating stability and experience in the financial sector.

Cons

Investors should be bearish about investing in Grupo Financiero Banorte, S.A.B. de C.V. for these reasons:

  • Market competition in the commercial banking sector, where Grupo Financiero Banorte operates, can lead to challenges in maintaining market share and profitability.
  • Economic fluctuations, both domestically in Mexico and internationally, can impact the financial performance of Grupo Financiero Banorte and its ability to generate returns for investors.
  • Regulatory changes in the banking industry can affect the operations and profitability of Grupo Financiero Banorte, leading to uncertainties for investors.
  • Investing in financial institutions like Grupo Financiero Banorte carries inherent risks related to market volatility, interest rate changes, and credit risks that can impact investment returns.
  • External factors such as geopolitical events or global economic conditions can influence the performance of Grupo Financiero Banorte and the overall financial sector, affecting investor confidence.

GBOOY Stock Analysis - Frequently Asked Questions

How have GBOOY shares performed in 2024?

Grupo Financiero Banorte's stock was trading at $50.21 at the start of the year. Since then, GBOOY stock has increased by 5.9% and is now trading at $53.15.
View the best growth stocks for 2024 here
.

Are investors shorting Grupo Financiero Banorte?

Grupo Financiero Banorte saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 1,400 shares, an increase of 180.0% from the February 29th total of 500 shares. Based on an average daily trading volume, of 39,400 shares, the short-interest ratio is currently 0.0 days.
View Grupo Financiero Banorte's Short Interest
.

How were Grupo Financiero Banorte's earnings last quarter?

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) announced its earnings results on Thursday, January, 22nd. The company reported $0.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.60 by $0.13. The company had revenue of $1.10 billion for the quarter.

How often does Grupo Financiero Banorte pay dividends? What is the dividend yield for Grupo Financiero Banorte?

Grupo Financiero Banorte declared a dividend on Wednesday, October 11th. Stockholders of record on Friday, October 20th will be given a dividend of $1.3455 per share on Thursday, October 26th. The ex-dividend date is Thursday, October 19th.
Read our dividend analysis for GBOOY
.

Is Grupo Financiero Banorte a good dividend stock?

Grupo Financiero Banorte (OTCMKTS:GBOOY) pays an annual dividend of $3.31 per share and currently has a dividend yield of 6.21%. GBOOY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for GBOOY.

How do I buy shares of Grupo Financiero Banorte?

Shares of GBOOY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:GBOOY) was last updated on 3/28/2024 by MarketBeat.com Staff

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