Grupo Financiero Banorte SAB de CV (MEX:GFNORTEO)
MXN 134.61 -2.39 (-1.74%) Market Cap: 384.24 Bil Enterprise Value: 406.18 Bil PE Ratio: 7.33 PB Ratio: 1.58 GF Score: 71/100

Q3 2020 Grupo Financiero Banorte SAB de CV Earnings Call Transcript

Oct 30, 2020 / 03:00PM GMT
Release Date Price: MXN94.5 (+5.78%)
Operator

Good day and welcome to the Banorte Third Quarter 2020 Earnings Call. (Operator Instructions)

Please note, this event is being recorded. I would now like to turn the conference over to Marcos Ramirez, CEO. Please go ahead.

TomÃ;s Lozano
Grupo Financiero Banorte, S.A.B. de C.V. - Head of IR, Financial Intelligence and M&A

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Good morning. I'm Tomás Lozano, Head of Investor Relations, Financial Intelligence and M&A. I am happy to meet you again. Welcome to Grupo Financiero Banorte's Third Quarter Earnings Call.

Today's presentation may include forward-looking statements subject to risks and uncertainties which may cause actual results to differ materially. We ask you to take this into consideration.

Our CEO, Marcos Ramirez, will provide an update on the effects of the partial reactivation of the Mexican economy, the outcomes of the initial set of customers that came out of the relief programs as well as the main financial performance results. Later on, Rafael Arana, our COO, will provide further detail on our

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