April 26, 2018 / 9:59 PM / a month ago

Mexico's Banorte profits jump over 22 pct to $370 mln

MEXICO CITY, April 26 (Reuters) - Mexican bank Banorte said on Thursday that its net profit in the first quarter rose more than 22 percent to nearly 6.8 billion pesos ($370 million), helped by growth in its pension and insurance units and consumer credit.

Banorte had reported profits of just over 5.5 billion pesos in the first quarter last year. ($1 = 18.3030 at end of first quarter)

Reporting by Noe Torres Editing by Christine Murray

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