Grupo Financiero Banorte (OTCMKTS:GBOOF – Get Free Report) is expected to issue its results after the market closes on Tuesday, July 21st. Analysts expect Grupo Financiero Banorte to announce earnings of $0.3156 per share and revenue of $2.3171 billion for the quarter.
Grupo Financiero Banorte Stock Performance
Shares of GBOOF stock opened at $10.30 on Monday. Grupo Financiero Banorte has a 12 month low of $8.27 and a 12 month high of $13.25. The stock has a 50-day moving average price of $10.76 and a 200 day moving average price of $10.95.
Grupo Financiero Banorte Company Profile
Grupo Financiero Banorte SAB de CV, commonly known as Banorte, is one of Mexico’s largest diversified financial groups. Founded in 1899 as Banco Mercantil de Monterrey, the company has expanded through both organic growth and strategic acquisitions to build a broad national presence. Headquartered in Monterrey, Nuevo León, Banorte operates under a universal banking model, integrating traditional banking services with a range of complementary financial offerings.
Banorte’s core activities encompass retail and commercial banking, where it provides deposit accounts, consumer and mortgage lending, and financing solutions for small and medium-sized enterprises.
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