- Reuters•last month
Mexico's Banregio Grupo Financiero is dwarfed by industry titans like Bancomer and Citibanamex but that seems to suit its small and medium-sized business clients just fine, allowing it to dominate what has been a growing market segment. Banregio, along with other banks helped by government policies aimed at increasing small businesses' borrowing options, has succeeded in focusing on the once neglected business segment, but a recent central bank rate hike may lead to a reassessment. Banregio, Mexico's largest lender to small and medium enterprises by portfolio size, reported a return-on-equity of 18.4 percent at the end of June, nearly six percentage points above the average of the country's 47 banks.
- Reuters•2 months ago
Mexican retailer Liverpool, financial institution Banorte and Brazilian fuel distributor Ultrapar added another US$2bn in supply, bringing this week's tally so far to just over US$4bn. This follows bond sales from the Republic of Peru, Votorantim Cimentos, AES Panama and Ecuador, with volumes likely to rise further if Argentina prints its euro bond on Friday. A 10-year bond from Liverpool, rated BBB+/BBB+, gained strong momentum earlier on, allowing leads to tighten guidance from IPTs of T+275bp area to T+250bp (plus/minus 5bp).
GFNORTEO.MX : Summary for GRUPO FINANCIERO BANORTE, S.A.B - Yahoo Finance
Grupo Financiero Banorte, S.A.B. de C.V. (GFNORTEO.MX)
Mexico - Mexico Delayed Price. Currency in MXN
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|Bid||96.00 x 239600|
|Ask||96.12 x 355000|
|Day's Range||95.75 - 98.19|
|52 Week Range||82.89 - 114.99|
|PE Ratio (TTM)||15.54|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|