
Grupo Financiero (XNOR) | Financial Analysis & Statements
Grupo Financiero Banorte S.A.B. de C.V. | Large-cap | Financial Services
Grupo Financiero Banorte S.A.B. de C.V. | Large-cap | Financial Services
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Jun 2025Income Metrics
Revenue
-615.5M
Net Income
-43.5M
Balance Sheet Metrics
Total Assets
114.6B
Total Liabilities
103.2B
Shareholders Equity
11.4B
Debt to Equity
9.04
Cash Flow Metrics
Operating Cash Flow
1.6B
Free Cash Flow
1.8B
Revenue & Profitability Trend
Grupo Financiero Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 10.0B | 194.9B | 179.5B | 161.0B | 143.7B |
Cost of Goods Sold | - | - | - | - | - |
Gross Profit | - | - | - | - | - |
Gross Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | 586.7M | 48.6B | 10.8B | 12.2B | 12.0B |
Other Operating Expenses | 1.9B | 31.6B | 37.6B | 39.7B | 23.5B |
Total Operating Expenses | 2.5B | 80.1B | 48.5B | 51.9B | 35.6B |
Operating Income | - | - | - | - | - |
Operating Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Non-Operating Items | |||||
Interest Income | - | - | - | - | - |
Interest Expense | - | - | - | - | - |
Other Non-Operating Income | - | - | - | - | - |
Pre-tax Income | 3.4B | 71.0B | 62.0B | 46.1B | 40.9B |
Income Tax | 868.6M | 17.8B | 16.0B | 10.6B | 10.0B |
Effective Tax Rate % | 25.4% | 25.1% | 25.8% | 22.9% | 24.5% |
Net Income | 2.6B | 53.1B | 46.0B | 35.5B | 30.9B |
Net Margin % | 25.6% | 27.3% | 25.6% | 22.1% | 21.5% |
Key Metrics | |||||
EBITDA | - | - | - | - | - |
EPS (Basic) | €19.72 | €18.00 | €16.11 | €12.23 | €10.70 |
EPS (Diluted) | €19.72 | €18.00 | €16.11 | €12.15 | €10.58 |
Basic Shares Outstanding | 129388663 | 61718679536 | 59731466943 | 60759659228 | 60429240713 |
Diluted Shares Outstanding | 129388663 | 61718679536 | 59731466943 | 60759659228 | 60429240713 |
Income Statement Trend
Grupo Financiero Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 4.5B | 100.2B | 108.3B | 98.8B | 109.3B |
Short-term Investments | - | - | - | - | - |
Accounts Receivable | - | - | - | - | - |
Inventory | - | - | - | - | - |
Other Current Assets | - | - | - | - | - |
Total Current Assets | - | - | - | - | - |
Non-Current Assets | |||||
Property, Plant & Equipment | 772.7M | 18.9B | 20.8B | 10.4B | 9.2B |
Goodwill | 3.2B | 70.9B | 71.6B | 53.5B | 53.4B |
Intangible Assets | 676.5M | 17.3B | 18.1B | - | - |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | - | - | - | - | - |
Total Non-Current Assets | - | - | - | - | - |
Total Assets | 112.2B | - | - | - | - |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 1.8B | 32.9B | 29.3B | 13.4B | 11.8B |
Short-term Debt | - | - | - | - | - |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | - | - | - | - | - |
Total Current Liabilities | - | - | - | - | - |
Non-Current Liabilities | |||||
Long-term Debt | 7.5B | 130.5B | 125.5B | 140.5B | 140.1B |
Deferred Tax Liabilities | - | - | - | - | - |
Other Non-Current Liabilities | - | - | - | - | - |
Total Non-Current Liabilities | - | - | - | - | - |
Total Liabilities | 100.9B | - | - | - | - |
Equity | |||||
Common Stock | 668.0M | 15.0B | 15.0B | 15.0B | 14.9B |
Retained Earnings | 7.7B | 155.9B | 145.2B | 165.1B | 149.3B |
Treasury Stock | - | - | - | - | - |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 11.3B | 249.2B | 239.0B | 237.2B | 225.1B |
Key Metrics | |||||
Total Debt | 7.5B | 130.5B | 125.5B | 140.5B | 140.1B |
Working Capital | 0 | 0 | 0 | 0 | 0 |
Balance Sheet Composition
Grupo Financiero Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 3.4B | 71.0B | 62.0B | 35.0B | 30.5B |
Depreciation & Amortization | - | - | - | - | - |
Stock-Based Compensation | - | - | - | - | - |
Working Capital Changes | 1.0B | 27.0B | 21.2B | 13.4B | 15.0B |
Operating Cash Flow | 4.8B | 103.7B | 86.6B | 48.5B | 45.5B |
Investing Activities | |||||
Capital Expenditures | -243.7M | -5.1B | -10.8B | -3.0B | -4.6B |
Acquisitions | -136.2K | -94.0M | -914.0M | 4.0M | -139.0M |
Investment Purchases | 0 | 0 | - | - | - |
Investment Sales | 0 | 0 | - | - | - |
Investing Cash Flow | -243.9M | -5.2B | -11.7B | -3.0B | -4.7B |
Financing Activities | |||||
Share Repurchases | -751.1M | -4.0B | -5.8B | 0 | -2.1B |
Dividends Paid | -1.6B | -37.7B | -34.3B | -16.8B | - |
Debt Issuance | 0 | 0 | - | - | - |
Debt Repayment | 0 | 0 | - | - | - |
Financing Cash Flow | -1.1B | -54.8B | -55.8B | -16.8B | -2.1B |
Free Cash Flow | 899.6M | 42.8B | 64.8B | 6.6B | 47.3B |
Net Change in Cash | 3.4B | 43.7B | 19.1B | 28.7B | 38.7B |
Cash Flow Trend
Grupo Financiero Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
8.37
Price to Book
0.07
Price to Sales
0.16
Profitability Ratios
Profit Margin
43.15%
Operating Margin
56.80%
Return on Equity
23.34%
Return on Assets
2.32%
Financial Health
Debt to Equity
2.66
Beta
0.30
Per Share Data
EPS (TTM)
€0.92
Book Value per Share
€106.26
Revenue per Share
€47.95
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
xnor | 21.5B | 8.37 | 0.07 | 23.34% | 43.15% | 2.66 |
CaixaBank S.A | 61.9B | 10.86 | 1.66 | 16.65% | 39.77% | 1.56 |
Bankinter S.A | 11.9B | 11.90 | 1.82 | 16.57% | 37.03% | 1.85 |
Unicaja Banco S.A | 6.3B | 10.19 | 0.90 | 9.05% | 30.95% | 1.39 |
Banco BBVA Argentina | 0 | - | 0.00 | 11.50% | 12.06% | - |
Banco Santander S.A | 122.7B | 10.07 | 1.25 | 13.61% | 26.61% | 3.37 |
Financial data is updated regularly. All figures are in the company's reporting currency.