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Grupo Financiero BanorteB de CV (Grupo Financiero BanorteB de CV) Revenue : $8,976 Mil (TTM As of Mar. 2024)


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What is Grupo Financiero BanorteB de CV Revenue?

Grupo Financiero BanorteB de CV's revenue for the three months ended in Mar. 2024 was $3,487 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $8,976 Mil. Grupo Financiero BanorteB de CV's Revenue per Share for the three months ended in Mar. 2024 was $6.14. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $15.20.

Good Sign:

Grupo Financiero Banorte SAB de CV has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Grupo Financiero BanorteB de CV was 17.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 9.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 8.70% per year. During the past 10 years, the average Revenue per Share Growth Rate was 8.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Grupo Financiero BanorteB de CV's highest 3-Year average Revenue per Share Growth Rate was 24.90% per year. The lowest was -18.60% per year. And the median was 9.10% per year.


Grupo Financiero BanorteB de CV Revenue Historical Data

The historical data trend for Grupo Financiero BanorteB de CV's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Grupo Financiero BanorteB de CV Revenue Chart

Grupo Financiero BanorteB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,615.64 7,319.88 7,221.80 7,846.64 9,209.27

Grupo Financiero BanorteB de CV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,362.22 2,740.83 2,689.67 2,799.11 3,487.27

Competitive Comparison of Grupo Financiero BanorteB de CV's Revenue

For the Banks - Regional subindustry, Grupo Financiero BanorteB de CV's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Grupo Financiero BanorteB de CV's Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Grupo Financiero BanorteB de CV's Revenue distribution charts can be found below:

* The bar in red indicates where Grupo Financiero BanorteB de CV's Revenue falls into.



Grupo Financiero BanorteB de CV Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $8,976 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Grupo Financiero BanorteB de CV  (OTCPK:GBOOY) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Grupo Financiero BanorteB de CV Revenue Related Terms

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Grupo Financiero BanorteB de CV (Grupo Financiero BanorteB de CV) Business Description

Traded in Other Exchanges
Address
14th Floor, Avenue Prolongacion Reforma 1230, Col. Cruz Manca Santa Fe, Delegacion Cuajimalpa, Mexico, MEX, MEX, 05349
Grupo Financiero Banorte SAB de CV is a Mexican financial services company. The company offers a wide variety of products and services including banking services, brokerage, wholesale banking, leasing, factoring, insurance, pensions, and retirement savings. It operates locally in Mexico.

Grupo Financiero BanorteB de CV (Grupo Financiero BanorteB de CV) Headlines

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