|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||5.28 - 5.54|
|52 Week Range||4.02 - 7.25|
|Beta (3Y Monthly)||0.66|
|PE Ratio (TTM)||10.44|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.90|
Moody's de México announced that Banco Mercantil del Norte, S.A.'s (Banorte) Aaa.mx/MX-1 long- and short-term Mexican National Scale deposit ratings and A3/Prime-2 long- and short-term global local and foreign currency deposit ratings are unaffected by its absorption of Banco Interacciones, S.A. (Interacciones, ratings withdrawn) on 13 July 2018. Banorte's other ratings and assessments were similarly unaffected by the merger. The ratings have a stable outlook.
Moody's de México has upgraded the long-term global local and foreign currency deposit ratings of Banco Interacciones, S.A. (Interacciones) to A3 from Ba2, as well as its short-term global local and foreign currency deposit ratings to Prime-2 from Not Prime. Moody's also upgraded Interacciones' long-term Mexican national scale deposit rating to Aaa.mx from A2.mx.
Moody's Investors Service today assigned a long-term foreign currency senior unsecured debt rating of A3 to Banco Mercantil del Norte, S.A.'s (Banorte) CHF100 million fixed-rate senior unsecured notes. The notes will be issued through Banorte's Cayman Islands branch, Banco Mercantil del Norte, S.A. (Cayman Islands) (Banorte Cayman) and will mature in 14 December 2021.
Moody's de México said today that the ratings of Banco Interacciones, S.A. (Interacciones) remain under review for upgrade pending the completion of the bank's merger with Banco Mercantil del Norte, S.A. (Banorte), announced on 25 October 2017. The deal is expected to close upon receipt of regulatory approval, which management anticipates will occur by mid-2018.