Grupo Financiero Banorte Income Statement

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

Millions MXN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	130,327	405,433	375,497	268,628	134,725
Interest Income on Investments	96,257	-	-	-	-
Total Interest Income	226,584	405,433	375,497	268,628	134,725
Interest Paid on Deposits	39,970	266,073	248,015	152,469	40,772
Interest Paid on Borrowings	53,093	-	-	-	-
Total Interest Expense	93,063	266,073	248,015	152,469	40,772
Net Interest Income	133,521	139,360	127,482	116,159	93,953
Net Interest Income Growth (YoY)	-4.19%	9.32%	9.75%	23.64%	9.64%
Income From Trading Activities	13,468	-	-	-	-
Other Non-Interest Income	177,361	8,419	6,603	1,516	7,160
Total Non-Interest Income	190,829	8,419	6,603	1,516	7,160
Non-Interest Income Growth (YoY)	2166.65%	27.50%	335.55%	-78.83%	-60.64%
Revenues Before Loan Losses	324,350	147,779	134,085	117,675	101,113
Provision for Loan Losses	21,589	19,536	15,942	11,881	11,351
Revenue	302,761	128,243	118,143	105,794	89,762
Revenue Growth (YoY)	136.08%	8.55%	11.67%	17.86%	9.53%
Salaries and Employee Benefits	27,878	-	-	-	-
Occupancy Expenses	13,822	-	-	-	-
Selling, General & Administrative	11,420	54,625	48,582	44,772	45,940
Other Non-Interest Expense	167,747	-	-	-	-
Total Non-Interest Expense	219,143	52,912	47,169	43,806	43,667
EBT Excluding Unusual Items	83,618	75,331	70,974	61,988	46,095
Pretax Income	83,618	75,331	70,974	61,988	46,095
Income Tax Expense	21,772	19,127	17,832	15,963	10,556
Earnings From Continuing Operations	61,846	56,204	53,142	46,025	35,539
Earnings From Discontinued Operations	-2,187	-	-	-	-
Minority Interest in Earnings	-871	-16	-724	-617	-491
Net Income	58,788	56,188	52,418	45,408	35,048
Net Income to Common	58,788	56,188	52,418	45,408	35,048
Net Income Growth	4.63%	7.19%	15.44%	29.56%	14.88%
Basic Shares Outstanding	2,828	2,849	2,863	2,863	2,867
Diluted Shares Outstanding	2,828	2,849	2,863	2,883	2,883
Shares Change (YoY)	-0.74%	-0.46%	-0.72%	-	-
EPS (Basic)	20.79	19.72	18.31	15.86	12.23
EPS (Diluted)	20.79	19.72	18.31	15.75	12.15
EPS Growth	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	26.04%	25.39%	25.12%	25.75%	22.90%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.