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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Q2 2022 Grupo Financiero Banorte SAB de CV Earnings Call Transcript

Jul 22, 2022 / 02:00PM GMT
Release Date Price: $5.51 (-4.05%)
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 Second Quarter Earnings Call. Our CEO, Marcos Ramirez, will provide an overview of the evolution of the main macroeconomic indicators for the first half of the year as well as the main results for the group, including loan growth, asset quality and a more evident recovery of our insurance business. Regarding ESG, you will find our quarterly update in the earnings call deck and in our Investor Relations and Sustainability web page, you may also find our first report on Equator principles, which summarizes our environmental and social risk assessment practices during 2021.

After our CEO's presentation, Rafael Arana, our COO and CFO, will provide details of the main financial results of the group, including the impact of higher reference rate, continued cost control and capital ratios. We will then proceed with the Q&A

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