Grupo Financiero Banorte revenue and financials

GFNORTE.O · BMV · MXN

$191.95Change from previous close: +2.53%Absolute change: +$4.74

Close · October 6, 2026

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%.

Annual revenue · 2025: $139.67B
  1. $89.76B2021
  2. $105.79B2022
  3. $118.14B2023
  4. $128.1B2024
  5. $139.67B2025

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.

Balance sheet · Annual
Item20252024202320222021
Total assets2,598,6632,471,2092,274,8592,070,0721,850,879
Cash and equivalents74,33072,71974,25082,28772,912
Receivables40,87852,49041,37036,982—
Net property, plant and equipment39,80936,35334,45435,89721,451
Goodwill27,47828,06726,82526,74126,732
Other intangible assets11,59014,89817,27018,088—
Long-term investments541,183504,120491,440431,765—
Accounts payable32,60040,64932,89529,320—
Total debt153,459165,814130,539125,455—
Total liabilities2,346,4502,222,7812,025,6541,831,040—
Total equity (incl. minority)252,213248,428249,205239,031237,240
Retained earnings165,336170,319155,928145,218165,124
Minority interest3,123-981-1482,989—