May 26, 2017 5:51 PM ET


Company Overview of Banco Mercantil Del Norte, S.A.

Company Overview

Banco Mercantil Del Norte, S.A. operates as a bank holding company that provides retail and wholesale banking products and services for small and medium-sized enterprises in Mexico and the United States. It offers checking accounts and deposits; payroll payment accounts; mortgage loans; automotive loans; payroll loans; personal loans; structured and syndicated credits; financing for acquisitions; lines of credit; credit and debit cards; and telephone, mobile, and online banking services. The company also provides transaction services for derivative financial instruments, such as futures, swaps, options, and forward contracts; investment and saving solutions; technology solutions; car, home, ...

Av. Prolongación Reforma 1,230

Col. Cruz Manca Santa Fe

Delegación Cuajimalpa

Mexico City, DF 05349


Founded in 1899


52 155 1103 4000

Key Executives for Banco Mercantil Del Norte, S.A.

Chief Executive Officer, General Director and Director
Age: 52
General Director of Operations, Administration & Finance
Age: 65
Executive Head of Transformation Services
Age: 48
Head of Programa Sumando
Executive Director of Investments
Compensation as of Fiscal Year 2016.

Banco Mercantil Del Norte, S.A. Key Developments

Banco Mercantil del Norte Reports Earnings Results for the Fourth Quarter and Full Year of 2016

Banco Mercantil del Norte reported earnings results for the fourth quarter and full year of 2016. For the quarter, the company saw net income increase to 11% quarter and 17% year-on-year to MXN 4.03 billion. For the year, the company saw income rise 14% to MXN 13.8 billion. ROE rose to 14.9% from 14.1% in the previous quarter.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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