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 |
|---|---|---|---|---|---|
| Operating cash flow | -27,075 | -45,752 | -107,314 | -21,561 | 33,821 |
| Depreciation and amortization | 5,524 | 5,251 | 4,485 | 4,368 | — |
| Capital expenditure | -11,106 | -8,272 | -9,064 | -11,791 | -4,523 |
| Investing cash flow | -7,080 | -7,218 | -4,264 | -9,926 | -1,182 |
| Financing cash flow | 35,976 | 51,143 | 103,703 | 40,954 | -43,135 |
| Dividends paid | -47,750 | -35,938 | -37,704 | -34,283 | -16,759 |
| Share repurchases | -8,861 | -16,541 | -3,988 | -5,810 | — |
| Debt issued | — | 0.0 | 0.0 | — | — |
| Debt repaid | — | 0.0 | 0.0 | — | — |
| Effect of exchange rates | -230 | 301 | -149 | -55.0 | 32.0 |
| Net change in cash | 1,591 | -1,526 | -8,024 | 9,412 | -10,464 |
| Free cash flow | -38,181 | -54,024 | -116,378 | -33,352 | 29,298 |