Grupo Financiero Banorte Sab De Cv Class OBMV: GFNORTE/O

GFNORTE/O: Banorte delivered 7% net income growth, record NIM, and strong capital in 2024

· Issued by Grupo Financiero Banorte Sab De Cv Class O

Net income rose 7% to Ps 56.19 billion in 2024, with strong loan growth, record NIM, and robust capital. Banorte outperformed the market in key lending segments and issued USD 1.5 billion in Tier 1 notes, maintaining solid asset quality and liquidity.

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