Grupo Financiero Banorte Revenue Chart (OTCMKTS:GBOOY)
$35.62 $0.07 (0.2%) GBOOY stock closing price Aug 23, 2017 (Closing)
The latest 2017-Q1 Grupo Financiero Banorte revenue is 1.27B. Compare Grupo Financiero Banorte revenue chart with Orix revenue, Cielo revenue.
Grupo Financiero Banorte Revenue Chart
You can do annual as well as quarterly comparisons of GPO FIN BANORTE SPON ADR EA REP 5 ORD SER O net sales with its competitor companies like Orix, Cielo. Over the 5 year period Grupo Financiero Banorte revenue in 2013 was highest at 7.89B. In the latest quarter, GBOOY revenue 2017-Q1 has changed from 1.19B to 1.27B implying an increase of 6.63%.
Grupo Financiero Banorte Quarterly Revenue
* Past 5 years Range
|Max GBOOY Revenue||$1.92B||Dec, 2012|
|Min GBOOY Revenue||$1.19B||Dec, 2016|
Grupo Financiero Banorte Annual Revenue
* Past 5 years Range
|Max GBOOY Revenue||$7.89B||Dec, 2013|
|Min GBOOY Revenue||$5.9B||Dec, 2014|
Grupo Financiero Banorte Annual Revenue VS Peers
|Grupo Financiero Banorte Revenue||----||$6.72B||$7.03B||$5.9B||$7.89B|
|Grupo Financiero Santander Mexico Revenue||----||$4.98B||$4.96B||$5.31B||$5.34B|
|Banco Bradesco Revenue||----||$73.49B||$66.59B||$81.47B||$73.27B|
Grupo Financiero Banorte Stock Articles
Revenue, Sales, Turnover or net sales basically describes the Dollar value of transactions that result in incomes to a business as a result of business or operating activities during a specific period of time. Most often, this number is reported on a quarterly or annual basis. Since this features right at the top of an income statement, or profit and loss statement, also known as the statement of operations, the line item is also known as the ‘top line’ for a company. Other commonly used phrases include gross income and income from operations under IFRS. When you deduct expenses, costs and overheads, you arrive at the profit figure. For instance, when you net off Grupo Financiero Banorte revenue with Grupo Financiero Banorte expenses, the figure that you arrive at will be Grupo Financiero Banorte profit. This profit is also known as the bottom line due to its proximity to the bottom on the income statement. Growing top line numbers are a sign of financial health. That said, sales cannot be viewed on a standalone basis without considering profits, because ultimately, businesses are run with the aim of making profits after covering costs. Revenue can be calculated in two ways based on the type of accounting followed: accrual accounting or cashflow accounting. It’s a good exercise to to compare Grupo Financiero Banorte revenue with that of its peers. For instance, you can compare Orix topline, with Cielo topline, Grupo Financiero Santander Mexico topline, etc to assess how the company is doing with respect to its peers.