Grupo Financiero Banorte Income Statement

Financials in millions MXN. Fiscal year is January - December.

Millions MXN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	384,528	405,038	404,605	375,497	268,628	134,725
Interest Paid on Deposits	234,552	258,460	266,289	248,015	152,469	40,772
Net Interest Income	149,976	146,578	138,316	127,482	116,159	93,953
Net Interest Income Growth (YoY)	7.42%	5.97%	8.50%	9.75%	23.64%	9.64%
Other Non-Interest Income	14,184	14,684	7,904	6,603	1,516	7,160
Total Non-Interest Income	14,184	14,684	7,904	6,603	1,516	7,160
Non-Interest Income Growth (YoY)	39.86%	85.78%	19.70%	335.55%	-78.83%	-60.64%
Revenues Before Loan Losses	164,160	161,262	146,220	134,085	117,675	101,113
Provision for Loan Losses	23,055	21,589	18,122	15,942	11,881	11,351
Revenue	141,105	139,673	128,098	118,143	105,794	89,762
Revenue Growth (YoY)	7.67%	9.04%	8.43%	11.67%	17.86%	9.53%
Selling, General & Administrative	58,607	57,779	52,255	48,582	44,772	45,940
Total Non-Interest Expense	56,931	56,055	50,542	47,169	43,806	43,667
EBT Excluding Unusual Items	84,174	83,618	77,556	70,974	61,988	46,095
Pretax Income	84,174	83,618	77,556	70,974	61,988	46,095
Income Tax Expense	21,790	21,772	19,532	17,832	15,963	10,556
Earnings From Continuing Operations	62,384	61,846	58,024	53,142	46,025	35,539
Earnings From Discontinued Operations	-2,366	-2,187	-1,023	-	-	-
Minority Interest in Earnings	-1,061	-871	-813	-724	-617	-491
Net Income	58,958	58,788	56,188	52,418	45,408	35,048
Net Income to Common	58,958	58,788	56,188	52,418	45,408	35,048
Net Income Growth	2.95%	4.63%	7.19%	15.44%	29.56%	14.88%
Basic Shares Outstanding	2,837	2,828	2,849	2,863	2,863	2,867
Diluted Shares Outstanding	2,837	2,828	2,849	2,863	2,883	2,883
Shares Change (YoY)	-2.30%	-0.75%	-0.47%	-0.72%	-	-
EPS (Basic)	20.78	20.79	19.72	18.31	15.86	12.23
EPS (Diluted)	20.78	20.79	19.72	18.31	15.75	12.15
EPS Growth	5.37%	5.41%	7.69%	16.28%	29.56%	14.88%
Dividend Per Share	-	-	13.541	5.202	5.810	6.077
Dividend Growth	-	-	160.31%	-10.46%	-4.40%	91.90%
Effective Tax Rate	25.89%	26.04%	25.18%	25.12%	25.75%	22.90%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.