Grupo Financiero Banorte, S.A.B. de C.V. (BME:XNOR)

Spain flag Spain · Delayed Price · Currency is EUR
7.95
0.00 (0.00%)
At close: Sep 9, 2025
Market Cap22.36B
Revenue (ttm)6.06B
Net Income (ttm)2.61B
Shares Outn/a
EPS (ttm)0.93
PE Ratio8.56
Forward PE8.03
Dividend0.62 (7.99%)
Ex-Dividend DateMay 2, 2025
Volumen/a
Average Volume189
Openn/a
Previous Close7.95
Day's Rangen/a
52-Week Range5.58 - 9.30
Betan/a
RSI53.42
Earnings DateOct 29, 2025

About Grupo Financiero Banorte

Grupo Financiero Banorte, S.A.B. de C.V., through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. It offers retail banking services, including checking and deposit accounts; credit and debit cards; and mortgage, car, payroll, and personal loans; SME loans; payroll accounts; and car, home, life, and SME insurance. The company also provides wholesale banking services, such as structured loans, syndicated loans, leveraged acquisitions, investment planning, and cash management... [Read more]

Industry Commercial Banks
Founded 1899
Employees 30,162
Stock Exchange Madrid Stock Exchange
Ticker Symbol XNOR
Full Company Profile

Financial Performance

In 2024, Grupo Financiero Banorte's revenue was 128.24 billion, an increase of 8.55% compared to the previous year's 118.14 billion. Earnings were 56.19 billion, an increase of 7.19%.

Financial numbers in MXN Financial Statements

News

Carlos Hank González receives Extel award as Chairman of the Board of Grupo Financiero Banorte

The Board of Directors of Grupo Financiero Banorte and its CEO were recognized as the best in the financial sector in Latin America, excluding Brazil. Grupo Financiero Banorte ranked first in all cate...

14 days ago - PRNewsWire

Grupo Financiero Banorte: Attractive Valuation For An Industry Leader

Banorte stands out as Mexico's only major locally owned bank, leveraging a vast branch and ATM network for strong client relationships and cross-selling. Its diversified business model spans consumer ...

6 weeks ago - Seeking Alpha

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOY) Q2 2025 Earnings Call Transcript

Grupo Financiero Banorte, S.A.B. de C.V. (OTCQX:GBOOY) Q2 2025 Earnings Conference Call July 23, 2025 11:00 AM ET Company Participants Tomás Lozano - Executive Director of Corp. Dev.

6 weeks ago - Seeking Alpha

Banorte: A Rally With Good Fundamental Backing

Banorte has been on a tear this year. The fundamental backdrop remains supportive. Plenty of reward still on offer for patient investors.

3 months ago - Seeking Alpha

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOY) Q1 2025 Earnings Call Transcript

Grupo Financiero Banorte, S.A.B. de C.V. (OTCQX:GBOOY) Q1 2025 Earnings Conference Call April 23, 2025 11:00 AM ET Company Participants Tomas Lozano - Head-Investor Relations, Corporate Development, F...

4 months ago - Seeking Alpha

GRUPO FINANCIERO BANORTE to Present at the Banking Virtual Investor Conference March 6th

Company invites individual and institutional investors, as well as advisors and analysts, to attend online at VirtualInvestorConferences.com Company invites individual and institutional investors, as ...

6 months ago - GlobeNewsWire

Grupo Financiero Banorte: Sit And Wait For The Re-Rate

Grupo Financiero Banorte has been unfairly penalized for events outside of its control. But the overhang is starting to clear and a big re-rating could be on the cards. Patient investors get paid a we...

7 months ago - Seeking Alpha

Grupo Financiero Banorte: 9% Dividend Yield For Whoever Can Handle The Geopolitical Risks

The uncertainty created by the frosty relations between Mexico and the US will likely lead to further Mexican Peso depreciation. The interest rate differential change in 2025 is also unfavorable for t...

7 months ago - Seeking Alpha

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOY) Q4 2024 Earnings Call Transcript

Grupo Financiero Banorte, S.A.B. de C.V. (OTCQX:GBOOY) Q4 2024 Earnings Conference Call January 29, 2024 10:00 AM ET Company Participants Tomás Lozano - Head, IR, Corporate Development, Financial Plan...

7 months ago - Seeking Alpha

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOY) Q3 2024 Earnings Call Transcript

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOY) Q3 2024 Earnings Call Transcript

11 months ago - Seeking Alpha

Banorte: Mexico's Banking Leader Is Available At A Deep Discount

Banorte hasn't been immune from Mexico's post-election selloff. It has, however, been overly penalized. Get paid an 10+% yield to sit and wait.

1 year ago - Seeking Alpha

Carlos Hank González, Chairman of Grupo Financiero Banorte, receives the Most Honored Company award from Institutional Investor

Grupo Financiero Banorte is recognized, for a third year in a row, as "Most Honored Company" in the 2024 annual ranking of Institutional Investor GFNorte reached first place in the next categories amo...

1 year ago - PRNewsWire

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOY) Q2 2024 Earnings Call Transcript

Grupo Financiero Banorte, S.A.B. de C.V. (OTCQX:GBOOY) Q2 2024 Results Conference Call July 24, 2024 11:00 AM ET Company Participants Tomas Lozano - Head of Corporate Development, Investor Relations M...

1 year ago - Seeking Alpha

Grupo Financiero Banorte Digital Strategy Analysis Report 2024: Accelerators, Incubators, and Other Innovation Programs

Dublin, July 08, 2024 (GLOBE NEWSWIRE) -- The "Grupo Financiero Banorte - Digital transformation strategies" company profile has been added to ResearchAndMarkets.com's offering. This report provides i...

1 year ago - GlobeNewsWire

Banorte: Growth From Almost Everywhere

Banorte is a diversified bank that over the past three years has comfortably outperformed both the local market and the S&P 500. The bank is exhibiting sustainable growth in ROE, book value, and NII. ...

1 year ago - Seeking Alpha

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF) Q1 2024 Earnings Call Transcript

Grupo Financiero Banorte, S.A.B. de C.V. (OTCQX:GBOOF) Q1 2024 Earnings Call Transcript April 17, 2024 11:00 AM ET Company Participants Tomas Lozano - Head of Corporate Development, Investor Relations...

1 year ago - Seeking Alpha

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOY) Q4 2023 Earnings Call Transcript

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOY) Q4 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

Mexico's Banorte posts 13% profit jump in Q4 pushed by loan growth

Mexico's Grupo Financiero Banorte reported on Wednesday a 13% increase in its fourth-quarter net profit, driven by loan growth, a decline in interest expense and lower funding costs.

1 year ago - Reuters

Banorte: Riding The Mexican Momentum

Banorte has defied earnings expectations in recent quarters. Management is also making all the right moves to limit any rate-driven normalization impact ahead. The stock may have re-rated into year-en...

1 year ago - Seeking Alpha

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF) Q3 2023 Earnings Call Transcript

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF) Q3 2023 Earnings Call Transcript

2 years ago - Seeking Alpha

Grupo Financiero Banorte: Rate Cuts Loom, But There's Still Cause For Optimism

Banorte has begun to reset its rate-sensitive balance sheet as Mexico inches closer to its rate cut cycle. Margins will inevitably compress, but the bank has multiple levers to mitigate the impact and...

2 years ago - Seeking Alpha

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF) Q2 2023 Earnings Call Transcript

Grupo Financiero Banorte, S.A.B. de C.V. (OTCQX:GBOOF) Q2 2023 Earnings Conference Call July 21, 2023 11:00 AM ET Company Participants Tomás Lozano - Head, Corporate Development, Investor Relations an...

2 years ago - Seeking Alpha

Mexico's Banorte posts profit boost on insurance, trading units

Mexico's Grupo Financiero Banorte reported on Thursday a 14% increase in second-quarter net profit, hitting 13.09 billion pesos ($764.68 million) on better results in its insurance and annuities and t...

2 years ago - Reuters

Brazil's Market Likes the New Lula. 6 Stocks to Play.

The catalyst for the market's upturn is a set of fiscal rules by Brazil's president to fix recurring budget deficits. Investors were pleased.

2 years ago - Barrons

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF) Q1 2023 Earnings Call Transcript

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOF) Q1 2023 Earnings Call Transcript.

2 years ago - Seeking Alpha