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GFNORTE/O: Net income up 7% year-over-year, with strong loan growth and robust asset quality

GFNORTE/O: Net income up 7% year-over-year, with strong loan growth and robust asset quality

Grupo Financiero Banorte Sab De Cv Class OJuly 24, 20245
GFNORTE/O: Net income up 7% year-over-year, with strong loan growth and robust asset quality

About this update from Grupo Financiero Banorte Sab De Cv Class O

Net income rose 7% year-over-year to Ps 14.0 billion, with ROE at 23.3% and strong loan growth across all segments. Asset quality remained robust, capital and liquidity ratios exceeded regulatory requirements, and digital and sustainable initiatives advanced.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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