Grupo Financiero Banorte revenue and financials
$191.95Change from previous close: +2.53%Absolute change: +$4.74
In the fiscal year ended December 2025, Grupo Financiero Banorte reported revenue of $139.67B (+9.04% year over year). Net income was $58.79B, a net margin of 42.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +9.04%
- 2025 vs 2024
- Net income growth
- +4.63%
- 2025 vs 2024
- Net margin
- 42.1%
- 2024: 43.9%
Financial data
Amounts in millions of MXN; per-share values in MXN; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 2,598,663 | 2,471,209 | 2,274,859 | 2,070,072 | 1,850,879 |
| Cash and equivalents | 74,330 | 72,719 | 74,250 | 82,287 | 72,912 |
| Receivables | 40,878 | 52,490 | 41,370 | 36,982 | — |
| Net property, plant and equipment | 39,809 | 36,353 | 34,454 | 35,897 | 21,451 |
| Goodwill | 27,478 | 28,067 | 26,825 | 26,741 | 26,732 |
| Other intangible assets | 11,590 | 14,898 | 17,270 | 18,088 | — |
| Long-term investments | 541,183 | 504,120 | 491,440 | 431,765 | — |
| Accounts payable | 32,600 | 40,649 | 32,895 | 29,320 | — |
| Total debt | 153,459 | 165,814 | 130,539 | 125,455 | — |
| Total liabilities | 2,346,450 | 2,222,781 | 2,025,654 | 1,831,040 | — |
| Total equity (incl. minority) | 252,213 | 248,428 | 249,205 | 239,031 | 237,240 |
| Retained earnings | 165,336 | 170,319 | 155,928 | 145,218 | 165,124 |
| Minority interest | 3,123 | -981 | -148 | 2,989 | — |
