Investor Presentaiton
Quarterly Summary
GFNorte-Consolidated Statement of Comprehensive
Income Highlights
(Million Pesos)
Interest Income
*
Interest Expense
Net Interest Income
Change
Change
4Q21
3Q22
4Q22
2021
2022
3Q22
4Q21
2021
53,743
72,244
80,773
12%
50%
195,788
268,628
37%
27,252
41,550
49,548
19%
82%
101,882
152,469
50%
26,492
30,694
31,225
2%
18%
93,906 116,160
24%
Net Service Fees
4,277
4,216
4,504
7%
5%
15,458
17,043
10%
Premium Income Ins. & Annu. (Net)
11,309
9,361
8,771
(6%)
(22%)
45,570
42,855 (6%)
Technical Reserves Ins. & Annu.
10,748
6,983
5,174
(26%)
(52%)
33,818
29,541 (13%)
Cost of Acquisition from Insurance Operations
260
300
312
4%
20%
1,120
1,387
24%
Net Cost of Claims and Other Obligations
6,634
6,516
6,661
2%
0%
25,664
26,566
4%
Trading *
1,305
777
651
(16%)
(50%)
3,973
3,660
(8%)
Other Operating Income (Expenses) (1)
(474)
(1,693)
(1,088)
36%
(129%)
(2,086)
(4,548)
(118%)
Non Interest Income
(1,225)
(1,137)
691
161%
156%
2,313
1,516
(34%)
Total Income
25,267
29,557
31,917
8%
26%
96,220
117,675
22%
Non Interest Expense (1)
11,843
10,752
13,201
23%
11%
41,040
44,772
9%
Provisions
2,725
3,148
3,632
15%
33%
11,362
11,881
5%
Operating Income
10,699
15,657
15,083
(4%)
41%
43,819
61,022
39%
Taxes
2,148
4,187
3,742 (11%)
74%
10,557
15,963
51%
Subsidiaries' Net Income
639
233
408
75%
(36%)
2,277
967
(58%)
Minority Interest
Net Income
129
9,061
159
11,544
157
(1%)
22%
491
617
26%
11,592
0%
28%
35,048
45,408
30%
* In 3Q22, the valuation of financial instruments of "Seguros y Pensiones" was reclassified from the "Interest Income" line, into the "Trading Income" line. For comparison purposes, 2021 figures, as well as 2022
figures of the first two quarters, were reclassified. 1. In accordance with CNBV's D-2 criteria, as of 4Q22, expenses incurred for loan portfolio recovery are reclassified from administrative expenses to other operating
income (expenses). For comparison purposes, 2022 and 2021 figures shown in this report were reclassified..
Div
DB
Rev
Dep
NIM
TI
LD
Loan
BAP
Guid
ESG
Eco
Hist
NI
ROE
ICAP
Mkt
App
C/I
GRUPO FINANCIERO
BANDRTE
40
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