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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Q1 2022 Grupo Financiero Banorte SAB de CV Earnings Call Transcript

Apr 22, 2022 / 02:00PM GMT
Release Date Price: $7.28 (+6.67%)
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. I'm Tomas Lozano, Head of Corporate Development, Investor Relations and ESG. Welcome to Grupo Financiero Banorte's first quarter earnings call. Our CEO, Marcos Ramirez, will provide the main macroeconomic highlights of these first months of the year and will walk us through the most relevant results for the group, including the performance of the loan portfolio, positive asset quality, the gradual recovery of the insurance business as well as some of the most relevant additions to our annual report, which was released at the end of March.

I would like to mention that in addition to the 2021 annual report, we also published our first TCFD report on climate-related risks and opportunities, which reiterates our strong commitment to increase disclosure and integrate sustainability into the core of our strategy. After our CEO's presentation, Rafael Arana, our COO and CFO, will provide a quick summary of the main changes in our financial

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