Grupo Financiero Banorte revenue and financials

GFNORTE.O · BMV · MXN

$191.95+2.53%+$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.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets2,669,6272,635,9092,598,6632,509,2632,524,4812,552,7592,471,2092,420,0312,435,0122,395,3992,274,8592,298,368
Cash and equivalents92,63390,15074,33097,537139,682136,90672,719100,108125,894125,07274,250109,223
Receivables80,10163,11540,878—59,44882,358——————
Net property, plant and equipment41,24939,64039,80936,40336,21636,02836,35335,25434,96734,73134,45433,546
Goodwill27,48327,51127,47827,64427,90528,03428,06727,97826,85926,82326,82526,697
Other intangible assets10,75511,19911,590—13,87914,522——————
Long-term investments1,108,8531,106,032541,183—1,019,2751,017,364——————
Accounts payable70,99955,27632,600—43,80451,382——————
Total debt166,308151,304153,459—151,199160,267——————
Total liabilities2,418,8322,371,4782,346,450—2,273,0742,286,624——————
Total equity (incl. minority)264,431264,431252,213260,944251,407266,135248,428253,186242,286261,628249,205253,267
Retained earnings164,237179,427165,336170,551158,987184,028170,319169,388156,193169,189155,928158,871
Minority interest3,2583,2993,123—-1,475-921——————