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 | Q2 2026 | Q1 2026 | Q4 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 15,341 | -9,572 | -49,027 | 31,056 | -1,430 | -28,665 | -3,243 | 11,989 | -7,709 | -77,760 | -7,572 | -14,272 |
| Depreciation and amortization | 1,483 | 1,409 | 1,436 | 1,403 | 1,368 | — | — | — | — | — | — | — |
| Capital expenditure | -3,184 | -1,181 | -2,806 | -2,511 | -3,296 | -2,074 | -1,958 | -1,795 | -2,405 | -2,908 | -2,871 | -880 |
| Investing cash flow | -2,771 | 427 | -5,091 | -1,279 | 280 | -1,227 | -1,018 | 273 | -1,994 | -681 | -1,618 | 28.0 |
| Financing cash flow | -10,059 | -990 | 56,910 | -26,865 | 39,388 | 4,042 | 4,886 | 12,605 | 739 | 57,074 | 32,561 | 13,328 |
| Dividends paid | — | — | -19,666 | -28,084 | — | — | -25,976 | — | -15,000 | — | -22,704 | — |
| Share repurchases | -1,348 | -1,357 | -5,968 | -1,844 | -1,581 | — | — | — | — | — | — | — |
| Debt repaid | 919 | -238 | -211 | -183 | -170 | -155 | -174 | -161 | -247 | -111 | 112 | -116 |
| Effect of exchange rates | -28.4 | -8.8 | -32.9 | -135 | -37.0 | 63.6 | 197 | -25.1 | -28.4 | 21.3 | -54.2 | -87.6 |
| Net change in cash | 2,511 | -10,144 | 2,758 | 2,776 | 38,201 | -25,786 | 822 | 24,842 | -8,992 | -21,345 | 23,317 | -1,004 |
| Free cash flow | 12,157 | -10,753 | -51,834 | 28,545 | -4,726 | -30,739 | -5,201 | 10,194 | -10,114 | -80,668 | -10,443 | -15,153 |