Grupo Financiero Banorte SAB de CV
BMV:GFNORTEO
Income Statement
Income Statement
Grupo Financiero Banorte SAB de CV
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Net Interest Income |
40 704
|
46 086
|
37 856
|
44 718
|
40 943
|
36 965
|
33 352
|
45 660
|
47 301
|
48 644
|
50 507
|
52 881
|
56 610
|
59 633
|
62 272
|
65 874
|
66 953
|
69 170
|
73 079
|
76 829
|
78 799
|
80 795
|
80 932
|
81 821
|
84 504
|
84 604
|
87 150
|
85 695
|
86 119
|
88 530
|
88 534
|
93 953
|
98 099
|
103 344
|
111 390
|
116 159
|
120 968
|
122 440
|
124 668
|
127 482
|
130 528
|
|
Interest Income |
71 284
|
76 047
|
66 477
|
72 579
|
67 138
|
61 893
|
57 891
|
69 302
|
71 400
|
73 023
|
75 706
|
80 264
|
87 818
|
95 630
|
103 153
|
110 509
|
114 315
|
118 665
|
128 005
|
137 583
|
145 306
|
152 359
|
152 006
|
150 514
|
149 448
|
144 496
|
140 608
|
133 593
|
129 157
|
127 774
|
127 762
|
134 725
|
157 386
|
186 312
|
225 504
|
268 628
|
300 619
|
331 933
|
359 034
|
375 497
|
662 051
|
|
Interest Expense |
30 579
|
29 960
|
28 620
|
27 861
|
26 195
|
24 929
|
24 540
|
23 642
|
24 100
|
24 378
|
25 198
|
27 383
|
31 207
|
35 997
|
40 881
|
44 635
|
47 362
|
49 495
|
54 926
|
60 754
|
66 506
|
71 563
|
71 073
|
68 693
|
64 943
|
59 891
|
53 457
|
47 898
|
43 038
|
39 244
|
39 227
|
40 772
|
59 286
|
82 967
|
114 113
|
152 469
|
179 651
|
209 493
|
234 365
|
248 015
|
253 229
|
|
Non Interest Income |
34 776
|
32 039
|
43 067
|
40 412
|
44 987
|
50 030
|
53 864
|
40 732
|
43 306
|
43 990
|
44 777
|
45 073
|
45 929
|
48 227
|
49 433
|
50 460
|
55 480
|
55 902
|
57 617
|
61 677
|
64 616
|
65 759
|
68 054
|
68 001
|
66 704
|
69 354
|
69 047
|
70 746
|
74 511
|
74 909
|
78 779
|
82 914
|
83 970
|
85 037
|
83 871
|
81 043
|
79 010
|
83 440
|
86 327
|
90 486
|
96 652
|
|
Revenue |
75 480
N/A
|
78 125
+4%
|
80 923
+4%
|
85 130
+5%
|
85 930
+1%
|
86 995
+1%
|
87 216
+0%
|
86 392
-1%
|
90 607
+5%
|
92 634
+2%
|
95 284
+3%
|
97 954
+3%
|
102 539
+5%
|
107 860
+5%
|
111 705
+4%
|
116 334
+4%
|
122 433
+5%
|
125 072
+2%
|
130 696
+4%
|
138 506
+6%
|
143 415
+4%
|
146 554
+2%
|
148 986
+2%
|
149 822
+1%
|
151 208
+1%
|
153 958
+2%
|
156 197
+1%
|
156 441
+0%
|
160 630
+3%
|
163 439
+2%
|
167 313
+2%
|
176 867
+6%
|
182 069
+3%
|
188 382
+3%
|
195 261
+4%
|
197 202
+1%
|
199 978
+1%
|
205 880
+3%
|
210 995
+2%
|
217 968
+3%
|
227 180
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Loan Loss Provision |
(9 249)
|
(8 968)
|
(10 318)
|
(11 196)
|
(11 422)
|
(11 349)
|
(10 936)
|
(10 687)
|
(11 319)
|
(12 070)
|
(12 519)
|
(13 313)
|
(12 930)
|
(12 997)
|
(13 172)
|
(13 463)
|
(14 869)
|
(15 115)
|
(15 714)
|
(16 070)
|
(15 568)
|
(15 463)
|
(15 483)
|
(15 347)
|
(15 929)
|
(20 648)
|
(19 703)
|
(21 930)
|
(20 802)
|
(15 111)
|
(14 626)
|
(11 351)
|
(10 805)
|
(10 474)
|
(10 968)
|
(11 881)
|
(12 985)
|
(14 589)
|
(15 983)
|
(15 942)
|
(17 039)
|
|
Non Interest Expense |
(47 858)
|
(49 143)
|
(49 897)
|
(52 813)
|
(53 314)
|
(54 306)
|
(54 508)
|
(52 599)
|
(55 430)
|
(55 784)
|
(56 917)
|
(58 430)
|
(61 600)
|
(65 349)
|
(67 493)
|
(69 663)
|
(72 841)
|
(72 745)
|
(75 596)
|
(78 386)
|
(79 407)
|
(81 017)
|
(82 045)
|
(84 643)
|
(86 704)
|
(88 207)
|
(91 260)
|
(93 565)
|
(100 007)
|
(105 540)
|
(110 131)
|
(119 421)
|
(121 289)
|
(123 987)
|
(126 458)
|
(123 333)
|
(122 475)
|
(124 062)
|
(125 691)
|
(131 052)
|
(136 785)
|
|
Pre-Tax Income |
18 373
N/A
|
20 014
+9%
|
20 708
+3%
|
21 121
+2%
|
21 192
+0%
|
21 339
+1%
|
21 772
+2%
|
23 106
+6%
|
23 858
+3%
|
24 779
+4%
|
25 847
+4%
|
26 211
+1%
|
28 009
+7%
|
29 514
+5%
|
31 040
+5%
|
33 208
+7%
|
34 723
+5%
|
37 212
+7%
|
39 386
+6%
|
44 050
+12%
|
48 440
+10%
|
50 074
+3%
|
51 458
+3%
|
49 832
-3%
|
48 573
-3%
|
45 102
-7%
|
45 233
+0%
|
40 946
-9%
|
39 822
-3%
|
42 788
+7%
|
42 557
-1%
|
46 095
+8%
|
49 976
+8%
|
53 922
+8%
|
57 835
+7%
|
61 988
+7%
|
64 519
+4%
|
67 229
+4%
|
69 321
+3%
|
70 974
+2%
|
73 356
+3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(3 825)
|
(5 118)
|
(5 431)
|
(5 668)
|
(5 497)
|
(5 380)
|
(5 563)
|
(5 991)
|
(6 160)
|
(6 449)
|
(6 814)
|
(6 878)
|
(7 660)
|
(8 102)
|
(8 375)
|
(9 048)
|
(9 240)
|
(10 189)
|
(10 738)
|
(11 636)
|
(12 814)
|
(12 891)
|
(13 218)
|
(12 795)
|
(12 373)
|
(11 159)
|
(11 243)
|
(10 049)
|
(9 499)
|
(10 369)
|
(10 166)
|
(10 556)
|
(12 210)
|
(13 157)
|
(14 369)
|
(15 963)
|
(16 174)
|
(17 299)
|
(17 630)
|
(17 832)
|
(19 256)
|
|
Income from Continuing Operations |
14 549
|
14 897
|
15 277
|
15 453
|
15 696
|
15 959
|
16 209
|
17 115
|
17 698
|
18 331
|
19 034
|
19 333
|
20 348
|
21 411
|
22 663
|
24 160
|
25 483
|
27 023
|
28 649
|
32 414
|
35 625
|
37 182
|
38 239
|
37 037
|
36 201
|
33 943
|
33 990
|
30 897
|
30 322
|
32 419
|
32 391
|
35 539
|
37 767
|
40 766
|
43 467
|
46 025
|
48 345
|
49 930
|
51 691
|
53 142
|
54 100
|
|
Income to Minority Interest |
(553)
|
(382)
|
(247)
|
(225)
|
(216)
|
(215)
|
(222)
|
(240)
|
(241)
|
(251)
|
(262)
|
(268)
|
(292)
|
(307)
|
(325)
|
(341)
|
(350)
|
(372)
|
(392)
|
(456)
|
(503)
|
(524)
|
(539)
|
(509)
|
(487)
|
(439)
|
(438)
|
(389)
|
(388)
|
(435)
|
(439)
|
(491)
|
(515)
|
(558)
|
(589)
|
(617)
|
(667)
|
(688)
|
(724)
|
(724)
|
(491)
|
|
Net Income (Common) |
13 996
N/A
|
14 515
+4%
|
15 031
+4%
|
15 228
+1%
|
15 480
+2%
|
15 744
+2%
|
15 986
+2%
|
17 108
+7%
|
17 689
+3%
|
18 312
+4%
|
19 004
+4%
|
19 308
+2%
|
20 373
+6%
|
21 427
+5%
|
22 670
+6%
|
23 908
+5%
|
25 149
+5%
|
26 660
+6%
|
28 257
+6%
|
31 958
+13%
|
35 121
+10%
|
36 658
+4%
|
37 700
+3%
|
36 528
-3%
|
35 714
-2%
|
33 504
-6%
|
33 552
+0%
|
30 508
-9%
|
29 934
-2%
|
31 984
+7%
|
31 952
0%
|
35 048
+10%
|
37 251
+6%
|
40 207
+8%
|
42 877
+7%
|
45 408
+6%
|
47 678
+5%
|
49 242
+3%
|
50 966
+4%
|
52 418
+3%
|
53 608
+2%
|
|
EPS (Diluted) |
5.54
N/A
|
5.74
+4%
|
5.95
+4%
|
5.49
-8%
|
5.57
+1%
|
5.67
+2%
|
5.76
+2%
|
6.17
+7%
|
6.38
+3%
|
6.59
+3%
|
6.85
+4%
|
6.96
+2%
|
7.34
+5%
|
7.72
+5%
|
8.17
+6%
|
8.61
+5%
|
9.07
+5%
|
9.61
+6%
|
9.8
+2%
|
11.09
+13%
|
12.18
+10%
|
12.72
+4%
|
13.08
+3%
|
12.69
-3%
|
12.4
-2%
|
11.63
-6%
|
11.65
+0%
|
10.58
-9%
|
10.38
-2%
|
11.09
+7%
|
11.08
0%
|
12.15
+10%
|
12.92
+6%
|
13.94
+8%
|
14.87
+7%
|
15.74
+6%
|
16.54
+5%
|
17.08
+3%
|
17.68
+4%
|
18.18
+3%
|
18.59
+2%
|