Grupo Financiero BanorteB de CV (Grupo Financiero BanorteB de CV) Net Interest Income (for Banks) : $7,670 Mil (As of Mar. 2024)

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What is Grupo Financiero BanorteB de CV Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Grupo Financiero BanorteB de CV's net interest income for the three months ended in Mar. 2024 was $2,095 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2024 was $7,670 Mil.

Grupo Financiero BanorteB de CV's quarterly net interest income increased from Sep. 2023 ($1,905 Mil) to Dec. 2023 ($2,005 Mil) and increased from Dec. 2023 ($2,005 Mil) to Mar. 2024 ($2,095 Mil).

Grupo Financiero BanorteB de CV's annual net interest income increased from Dec. 2021 ($4,508 Mil) to Dec. 2022 ($5,958 Mil) and increased from Dec. 2022 ($5,958 Mil) to Dec. 2023 ($7,510 Mil).

Grupo Financiero BanorteB de CV Net Interest Income (for Banks) Historical Data

The historical data trend for Grupo Financiero BanorteB de CV's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Grupo Financiero BanorteB de CV Net Interest Income (for Banks) Chart

Grupo Financiero BanorteB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Interest Income (for Banks)

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4,263.84

4,235.72

4,508.29

5,958.09

7,510.32

Grupo Financiero BanorteB de CV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Interest Income (for Banks)	Get a 7-Day Free Trial															1,760.35	1,663.77	1,905.36	2,005.33	2,095.46

Grupo Financiero BanorteB de CV Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,670 Mil.

Grupo Financiero BanorteB de CV (Grupo Financiero BanorteB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Grupo Financiero Banorte SAB de CV (OTCPK:GBOOF) » Definitions » Net Interest Income (for Banks)

Comparable Companies

Traded in Other Exchanges

GBOOY:USA GFNORTEO:Mexico XNOR:Spain 4FN:Germany

Address

14th Floor, Avenue Prolongacion Reforma 1230, Col. Cruz Manca Santa Fe, Delegacion Cuajimalpa, Mexico, MEX, MEX, 05349

Website

https://www.banorte.com

Grupo Financiero Banorte SAB de CV is a Mexican financial services company. The company offers a wide variety of products and services including banking services, brokerage, wholesale banking, leasing, factoring, insurance, pensions, and retirement savings. It operates locally in Mexico.

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