Grupo Financiero Banorte, S.A.B. de C.V. (OTCQX:GBOOY) Q3 2024 Earnings Call October 30, 2024 11:00 AM ET
Company Participants
Tomás Lozano – Head, Corporate Development, Financial Planning, Investor Relations and ESG
Marco Ramírez – Chief Executive Officer
Rafael Arana – Chief Operating Officer
Gerardo Viezca – Chief Risk Management and Credit Officer
Alejandro Padilla – Chief Economist
Conference Call Participants
Tito Labarta – Goldman Sachs
Ernesto Gabilondo – Bank of America
Eduardo Rosman – BTG
Renato Meloni – Autonomous
Olavo Arthuzo – UBS
Jorge Kuri – Morgan Stanley
Carlos Gomez-Lopez – HSBC
Andres Soto – Santander
Nicolas Riva – Bank of America
Thiago Batista – UBS
Edson Murguia – SummaCap
Tomás Lozano
Good morning, everyone. I’m Tomás Lozano, Head of Corporate Development, Financial Planning, Investor Relations and ESG. I would like to welcome you to Grupo Financiero Banorte’s Third Quarter Earnings Call. We will begin today’s presentation with our CEO, Marco Ramírez, who will provide an update of the political and macroeconomic events that surrounded our third quarter’s operation, followed by an overview of the group’s main results, our quarterly update on sustainability as well as details on our capital and an update on the shares we bought through the buyback program.
Then Rafael Arana, our COO, will walk us through the evolution of the margin and balance sheet sensitivity as well as details on asset quality and efficiency, among other relevant updates. Please note that today’s presentation may include forward-looking statements that are subject to risks and uncertainties, which may cause actual results to differ materially. On Page 2 of our conference call deck, you will find our full disclaimer regarding forward-looking statements.
Thank you. Marcos, please go ahead.
Marco Ramírez
Thank you, Tomás. Good morning, everyone. Thank you for joining us today. The third quarter of the year show a sound evolution for
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