Grupo Financiero Banorte, S.A.B. de C.V. (BMV:GFNORTEO)

Grupo Financiero Banorte Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	97,537	72,719	74,250	82,287	72,912	83,386
Investment Securities	1,013,341	481,988	494,724	411,553	526,491	309,971
Trading Asset Securities	18,282	22,130	33,399	37,555	27,996	50,276
Total Investments	1,031,623	504,118	528,123	449,108	554,487	360,247
Gross Loans	1,225,184	1,221,779	1,072,197	951,429	852,518	815,809
Allowance for Loan Losses	-24,156	-20,434	-19,857	-17,899	-16,251	-20,004
Other Adjustments to Gross Loans	-	-19,439	-18,835	-12,387	-18,864	-
Net Loans	1,201,028	1,181,906	1,033,505	921,143	817,403	795,805
Property, Plant & Equipment	36,403	36,353	34,454	35,897	21,451	32,627
Goodwill	27,644	28,067	26,825	26,741	26,732	26,720
Other Intangible Assets	11,913	14,898	17,270	18,088	-	-
Accrued Interest Receivable	-	-	-	-	-	110
Other Receivables	77,260	41,892	33,857	32,319	36,862	43,184
Restricted Cash	-	25,985	25,980	25,967	25,930	25,920
Other Current Assets	19,074	35,240	30,865	30,774	22,537	34,847
Long-Term Deferred Tax Assets	1,938	5,245	-	-	-	-
Other Real Estate Owned & Foreclosed	4,844	4,600	4,881	2,961	1,873	1,553
Other Long-Term Assets	0	518,681	463,654	443,716	243,393	370,785
Total Assets	2,509,263	2,471,209	2,274,859	2,070,072	1,850,879	1,787,904
Accrued Expenses	13,016	6,815	7,163	6,018	1,380	538
Interest Bearing Deposits	379,541	640,916	584,028	458,418	385,538	432,987
Non-Interest Bearing Deposits	742,978	442,851	424,912	412,119	381,534	338,724
Total Deposits	1,122,519	1,083,767	1,008,940	870,537	767,072	771,711
Short-Term Borrowings	511,082	538,074	492,950	474,877	414,124	402,202
Current Portion of Long-Term Debt	58,441	64,223	59,604	39,719	46,034	55,157
Current Income Taxes Payable	5,905	9,130	6,933	10,733	1,614	4,365
Accrued Interest Payable	-	1,899	1,846	1,133	679	497
Other Current Liabilities	14,718	21,255	29,078	28,205	16,722	13,155
Long-Term Debt	83,978	101,591	70,935	85,736	94,267	84,935
Long-Term Leases	4,508	4,577	3,947	6,771	-	-
Long-Term Unearned Revenue	-	87	347	127	90	240
Pension & Post-Retirement Benefits	-	5,464	3,906	3,145	-	-
Long-Term Deferred Tax Liabilities	-	-	-	-	3,346	1,618
Other Long-Term Liabilities	434,152	385,899	340,005	304,040	268,311	228,382
Total Liabilities	2,248,320	2,222,781	2,025,654	1,831,041	1,613,639	1,562,800
Common Stock	9,725	9,756	10,032	10,000	10,001	9,964
Additional Paid-In Capital	48,143	48,161	47,648	48,440	48,292	48,269
Retained Earnings	170,551	170,319	155,928	145,218	165,124	149,281
Comprehensive Income & Other	34,385	21,173	35,745	32,384	10,817	14,728
Total Common Equity	262,804	249,409	249,353	236,042	234,234	222,242
Minority Interest	-1,860	-981	-148	2,989	3,006	2,862
Shareholders' Equity	260,944	248,428	249,205	239,031	237,240	225,104
Total Liabilities & Equity	2,509,263	2,471,209	2,274,859	2,070,072	1,850,879	1,787,904
Total Debt	658,009	708,465	627,436	607,103	554,425	542,294
Net Cash (Debt)	-538,690	-607,721	-462,954	-464,022	-449,030	-382,715
Net Cash Per Share	-187.58	-213.28	-161.72	-160.93	-155.73	-132.73
Filing Date Shares Outstanding	2,872	2,787	2,866	2,857	2,857	2,847
Total Common Shares Outstanding	2,872	2,787	2,866	2,857	2,857	2,847
Book Value Per Share	91.51	89.48	86.99	82.62	81.97	78.07
Tangible Book Value	223,247	206,444	205,258	191,213	207,502	195,522
Tangible Book Value Per Share	77.74	74.06	71.61	66.93	72.62	68.68

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