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 2023 Grupo Financiero Banorte SAB de CV Earnings Call Transcript

Apr 21, 2023 / 03:00PM GMT
Release Date Price: $8.62 (+5.83%)
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. On behalf of Banorte's management team, I want to thank you for attending our Banorte Day in New York a few weeks ago. We hope we have met your expectations and answered your most pressing questions regarding the Group's strategy and the long-term profitability. Many of you received an email request to participate in a short survey over the phone regarding the clarity and content of the event. We really appreciate if you could accept the interview as it will provide us valuable feedback to improve our communication with all of you.

In today's call, our CEO, Marcos Ramirez, will provide a quick macroeconomic overview, including the positive impact of nearshoring for Mexico and Banorte followed by a review of the main results of the quarter. On our ESG slides, you will find highlights of our 2022

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