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GBOOY (Grupo Financiero BanorteB de CV) Credit Losses Provision : $0 Mil (As of Sep. 2024)


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What is Grupo Financiero BanorteB de CV Credit Losses Provision?

Grupo Financiero BanorteB de CV's credit losses provision for the three months ended in Sep. 2024 was $0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2024 was $0 Mil.

Grupo Financiero BanorteB de CV Credit Losses Provision Historical Data

The historical data trend for Grupo Financiero BanorteB de CV's Credit Losses Provision 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.

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Grupo Financiero BanorteB de CV Credit Losses Provision Chart

Grupo Financiero BanorteB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
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Grupo Financiero BanorteB de CV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Grupo Financiero BanorteB de CV Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 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 Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Grupo Financiero Banorte SAB de CV (OTCPK:GBOOY) » Definitions » Credit Losses Provision
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MEX:GFINBURO MEX:FCFE18 MEX:BBAJIOO MEX:FPLUS16 MEX:RA CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER SGX:D05 NSE:SBIN HKSE:01658 SAU:1180 BSP:ITUB3
Traded in Other Exchanges
GBOOF:USA GFNORTEO:Mexico XNOR:Spain 4FN:Germany
Address
14th Floor, Avenue Prolongacion Reforma 1230, Col. Cruz Manca Santa Fe, Delegacion Cuajimalpa, Mexico, MEX, MEX, 05349
Website
https://www.banorte.com
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.