Grupo Financiero Banorte SAB de CV (FRA:4FN)
€ 6.5 -0.05 (-0.76%) Market Cap: 18.36 Bil Enterprise Value: 20.25 Bil PE Ratio: 7.33 PB Ratio: 1.57 GF Score: 75/100
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Q3 2022 Grupo Financiero Banorte SAB de CV Earnings Call Transcript

Oct 21, 2022 / 02:00PM GMT
Release Date Price: €7.9 (+3.95%)
Tomas Lozano Derbez
Grupo Financiero Banorte, S.A.B. de C.V. - Head of Corporate Development, IR, Financial Intelligence, M&A and Sustainability

Good morning. Sorry for the delay. I'm Tomas Lozano, Head of Corporate Development, Investor Relations and ESG. Welcome to Grupo Financiero Banorte third quarter's earnings call. Our CEO, Marcos Ramirez, will provide an overview of the inflation and its effect on the right environment year-to-date as well as the main results for the group, including the positive trend in loan growth and NII, controlled asset quality and the continuous recovery on insurance claims.

On the ESG side, we want to thank you all of you for your valuable feedback and comments, which have held Banorte to be rank in top positions in 2 well-regarded rankings. Most socially responsible bank according to Newsweek and Statista and Most Honored Bank in Mexico according to Institutional Investor. You will find our quarterly update in the earnings call there. After our CEO's presentation, Rafael Arana, our COO and CFO, will provide details of the main financial results of the group,

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