July 24 (Reuters) - Mexico's Grupo Financiero Banorte

could revise its net income guidance over the

coming quarters, depending on the evolution of its share buyback

program, a company executive said on a call with analysts on

Friday.

The bank's net income guidance for 2024 is currently set

between 56.4 billion and 57.4 billion pesos.

In addition, Banorte said it changed its long-term Common

Equity Tier (CET) target to a range of 13-13.5% from the

previous 12-13%, citing ongoing volatile market conditions and

the U.S. presidential election