Grupo Financiero Banorte SAB de CV (XNOR) Stock Price & News

Grupo Financiero Banorte, S.A.B. de C.V., doing business as Banorte and as Ixe, is a Mexican banking and financial services holding company with headquarters in Monterrey and Mexico City. It is one of the four largest commercial banks of Mexico by assets and loans, and the largest retirement fund administrator. Grupo Financiero Banorte operates its commercial bank under the brands Banorte and Ixe, offering savings accounts, credit cards, payday loans, mortgages, commercial loans and auto loans. Its performing loan portfolio was of US$35 billion in 2014. It also performs insurance, pension, leasing, and brokerage activities. Banorte has 1,269 branches and 7,297 ATMs nationwide. It can also receive deposits through more than 5,200 commercial establishments, such as drug stores, convenience stores, and supermarkets. Grupo Financiero Banorte is listed on the Mexican Stock Exchange and on the Latibex. It is a constituent of the IPC, the main benchmark index of the Mexican Stock Exchange, and of the S&P Latin America 40, which includes leading, blue chip companies from Latin America. Wikipedia

About Grupo Financiero Banorte SAB de CV

CEOJose Marcos Ramirez Miguel

Employees35.2K

FoundedJul 21, 1992

Headquarters-

SectorFinancials

IndustryBank

Websitebanorte.com

All values in MXN	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	37.94B	36.56B	37.07B	36.42B
Cost of goods sold	-	-	-	-
Cost of revenue	-	-	-	-
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	15.18B	14.86B	-	14.32B
Operating expense	15.18B	14.86B	15.60B	15.66B
Total operating expenses	15.18B	14.86B	15.60B	15.66B
Operating income	22.75B	21.70B	21.46B	20.76B
Other non operating income	-	-	-	-
EBT including unusual items	23.22B	22.06B	22.05B	21.18B
EBT excluding unusual items	23.22B	22.06B	22.05B	21.18B
Income tax expense	5.72B	6.21B	6.04B	5.15B
Effective tax rate	24.62%	28.15%	27.41%	24.33%
Other operating expenses	-1.00	-	15.60B	1.34B
Net income	15.87B	15.46B	15.55B	15.66B
Net profit margin	41.84%	42.28%	41.95%	43.00%
Earnings per share	28.43	5.64	5.60	28.08
Interest and investment income	-	-	-	-
Interest expense	-	-	-	-
Net interest expenses	-	-	-	-
Depreciation and amortization charges	-	-	-	-
EBITDA	-	-	-	-
Gain or loss from assets sale	-	-	-	-

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