Grupo Financiero Banorte SAB de CV (OTCPK:GBOOF)
$ 7.15 0.0625 (0.88%) Market Cap: 19.77 Bil Enterprise Value: 21.74 Bil PE Ratio: 6.74 PB Ratio: 1.53 GF Score: 70/100
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Q3 2021 Grupo Financiero Banorte SAB de CV Earnings Call Transcript

Oct 22, 2021 / 02:00PM GMT
Release Date Price: $6.96
Tomas Lozano Derbez;Jose Marcos Ramirez Miguel
Grupo Financiero Banorte, S.A.B. de C.V. - Head of IR, Financial Intelligence and M&A;Grupo Financiero Banorte, S.A.B.

Good morning. I'm Tomas Lozano, Head of Corporate Development, Investor Relations and ESG. Welcome to Grupo Financiero Banorte Third Quarter Earnings Call. Please note that today's presentation may include forward-looking statements that are subject to risks and uncertainties, which may cause actual results to differ materially.

Our CEO, Marcos Ramirez, will provide the highlights of the quarter, including the relevant progress in asset quality as well as better growth dynamics in fees and loan growth. He will also provide an update on the digital strategy for the group together with key milestones in our ESG strategy.

Later on, Rafael Arana, our COO and CFO, will provide further detail on asset quality, improvements in the cost of funds progress on the sensitivity to rates and continued cost control. We will conclude our call with a Q&A session. Thank you. Marcos, please go ahead.

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