GFNORTEO | | | MXN 140.43 3.31 2.30% |
Managing Director
Mr. Isaias Velazquez Gonzalez, CPA has served as Managing Director of Audit of Grupo Financiero Banorte, S.A.B. de C.V. since October 2014. He is Member of the Human Resources Committee since April 2015. since 2014.
Age | 53 |
Tenure | 10 years |
Professional Marks | CPA |
Phone | 52 55 1103 4000 |
Web | https://www.banorte.com |
Grupo Financiero Management Efficiency
The company has return on total asset
(ROA) of
0.0235 % which means that it generated a profit of $0.0235 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.1933 %, meaning that it generated $0.1933 on every $100 dollars invested by stockholders. Grupo Financiero's management efficiency ratios could be used to measure how well Grupo Financiero manages its routine affairs as well as how well it operates its assets and liabilities.
Grupo Financiero Banorte has accumulated 534.3
B in total debt. Debt can assist Grupo Financiero until it has trouble settling it off, either with new capital or with free cash flow. So, Grupo Financiero's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Grupo Financiero Banorte sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Grupo to invest in growth at high rates of return. When we think about Grupo Financiero's use of debt, we should always consider it together with cash and equity.
Grupo Financiero Banorte, S.A.B. de C.V., through its subsidiaries, provides banking and financial products and services in Mexico. Grupo Financiero Banorte, S.A.B. de C.V. was founded in 1899 and is based in Santa Fe, Mexico. GRUPO FINANCIERO operates under BanksRegional classification in Mexico and is traded on Mexico Stock Exchange. Grupo Financiero Banorte (GFNORTEO) is traded on Mexican Exchange in Mexico and employs 30,000 people.
Management Performance
Grupo Financiero Banorte Leadership Team
Elected by the shareholders, the Grupo Financiero's board of directors comprises two types of representatives: Grupo Financiero inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Grupo. The board's role is to monitor Grupo Financiero's management team and ensure that shareholders' interests are well served. Grupo Financiero's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Grupo Financiero's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mayra Lopez, Executive Director - Accounting | |
| Fernando JC, Deputy Affairs | |
| Alfredo Ayub, Independent Director | |
| Everardo Almaguer, Independent Director | |
| Javier Cantu, Co General Director of Administration and Human Resources | |
| Carla Chelala, Managing Director - Marketing | |
| Rafael Garza, COO, Member of Management Committee, Member of Assets and Liabilities Committee, Member of Central Credit Committee, Member of HR Committee, Member of Technology and Investment Committee, Member of Investment Projects Committee and Member of Risk Policies Committee | |
| Sergio Gil, Managing Director - Corporate Banking | |
| Jose Eguia, Independent Director | |
| Fernando Soberon, Managing Director, Annuities and Pensions | |
| Carmen Guerra, Independent Director | |
| Tomas Derbez, Investor Devel | |
| David Montemayor, Director | |
| Alfonso Noriega, Independent Director | |
| Arturo Ballesteros, Managing Director - Investment & Structured Financing | |
| David Alanis, Independent Director | |
| Juan Moreno, Director | |
| Thomas Rodriguez, Independent Director | |
| Eduardo Cantu, Independent Director | |
| Carlos Corry, Managing Director, Risk Management and Credit | |
| Carlos Gonzalez, Managing Director – Retail Banking | |
| Jose Miguel, Managing Director - Wholesale Banking & Casa de Bolsa Banorte Ixe | |
| Isaias Gonzalez, Managing Director - Internal Audit | |
| Engineer Garza, Chief Officer | |
| Hector Dahl, Independent Director | |
| Hector Flores, Head of Legal and Trust, Secretary of the Board of Directors | |
| Adrian Cueva, Independent Director | |
| Jose Espinosa, Managing Director – Wholesale Banking | |
Grupo Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Grupo Financiero a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
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Other Information on Investing in Grupo Stock
Grupo Financiero financial ratios help investors to determine whether Grupo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Grupo with respect to the benefits of owning Grupo Financiero security.