REQUEST A DEMO
Total
USD $0.00
Search more companies

Banco Mercantil Del Norte S.A. Institucion De Banca Multiple (Mexico)

Main Activities: Commercial Banking
Full name: Banco Mercantil Del Norte S.A. Institucion De Banca Multiple Profile Updated: January 29, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2021 Available in: English & Spanish Download a sample report

Banorte S.A. began operations in 1947, but its origins date back to 1899 with the foundation of "Banco Mercantil del Norte". In 1986 both banks merged and formed "Banco Mercantil del Norte, S.N.C". The bank is a subsidiary of "Grupo Financiero Banorte". In june 1992, "Banorte" was acquired by a group of investors headed by Roberto Gonzalez Barrera. In 1993, "Grupo Financiero Banorte" was formed with all the financial services such as leasing, stock trading, investments. In 1997, "Banorte" acquired "Bancen" and "Banpais", turning into one of the biggest bank nationalwide. In January 2002, "Banorte" acquired "Bancrecer", and its name changed to "Banco Mercantil del Norte, S.A.".

Headquarters
David Alfaro Siqueiros 106 Valle Oriente, San Pedro Garza Garcia NL
Garcia; Nuevo Leon; Postal Code: 66278

Contact Details: Purchase the Banco Mercantil Del Norte S.A. Institucion De Banca Multiple report to view the information.

Website: http://www.banorte.com

Basic Information
Total Employees:
Purchase the Banco Mercantil Del Norte S.A. Institucion De Banca Multiple report to view the information.
Outstanding Shares:
Purchase the Banco Mercantil Del Norte S.A. Institucion De Banca Multiple report to view the information.
Financial Auditors:
Purchase the Banco Mercantil Del Norte S.A. Institucion De Banca Multiple report to view the information.
Incorporation Date:
January 01, 1986
Key Executives
Purchase this report to view the information.
Chief Executive Officer
Purchase this report to view the information.
Administrative and Financial Manager
Ownership Details
Purchase this report to view the information.
98.22%
Subsidiaries
Banorte USA, Corporation. (United States)
100%
Administradora de Servicios Profesionales Especializados, S. A. de C. V.
99.99%
Constructora Primero, S.A. de C.V.
99.99%
Company Performance
Financial values in the chart are available after Banco Mercantil Del Norte S.A. Institucion De Banca Multiple report is purchased.
Looking for more than just a company report?

EMIS company profiles are part of a larger information service which combines company, industry and country data and analysis for over 145 emerging markets.

Request a demo of the EMIS service
Key Financial Highlights
Annual growth percentages for latest two years in local currency MXN. Absolute financial data is included in the purchased report.
Net interest income
-2.06%
Net fee and commission income
4.13%
Operating profit (EBIT)
25.42%
Net Profit (Loss) for the Period
27.98%
Total assets
-2.04%
Total equity
7.1%
Total Assets Trend
N/A
Net Interest Income Trend
N/A
Cost to Income Ratio
4.08%
Loans to Deposits Ratio
5.59%
Loans to Asset Ratio
3.11%

To view more information, Request a demonstration of the EMIS service

Buy this company report
Need ongoing access to company, industry or country information?