September 22, 2017 10:27 AM ET


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

Company Overview

Banco Mercantil Del Norte, S.A. provides various banking products and services in Mexico. It operates through two segments, Retail Banking and Wholesale Banking. It offers checking and deposit accounts, and payroll dispersion accounts; car loans, payroll and personal loans, short and long term loans, structured loans, and syndicated loans, as well as financing for acquisitions and investment plans; credit and debit cards; and mortgages. The company also provides savings and investment, and financing products; car, home, life, and business insurance products; cash management, payroll payment, documentary collection, trust, advisory, international transfer, and online and mobile banking servic...

Prolongación Paseo de la Reforma 1230

Colonia Cruz Manca

Santa Fe, Delegación Cuajimalpa

Mexico City, DF 05349


Founded in 1899

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

CEO, General Director & Director
Age: 54
Chairman of the Board of Directors & President
Age: 46
Managing Director of Payment Products
Age: 51
Managing Director of Long Term Savings
Age: 55
Compensation as of Fiscal Year 2017.

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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