Banorte Overview
- Year Founded
-
1899
- Status
-
Public
- Employees
-
34,019
- Stock Symbol
-
GFNORTEO
- Investments
-
21
- Share Price
-
$8.87
- (As of Friday Closing)
Banorte General Information
Description
Grupo Financiero Banorte SAB de CV is a Mexican financial services company. The company offers a wide products and services including banking services, brokerage, wholesale banking, leasing, factoring, insurance, pensions, and retirement savings. It operates locally in Mexico.
Contact Information
Website
www.banorte.comCorporate Office
- Avenida Revolucion No. 3000
- Col. Primavera
- Monterrey, 64830
- Mexico
Corporate Office
- Avenida Revolucion No. 3000
- Col. Primavera
- Monterrey, 64830
- Mexico
Banorte Stock Performance
As of 20-Jun-2025, Banorte’s stock price is $8.87. Its current market cap is $24.9B with 2.81B shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $8.87 | $8.87 | $6.42 - $9.55 | $24.9B | 2.81B | 7.25M | $1.03 |
Banorte Financials Summary
As of 31-Mar-2025, Banorte has a trailing 12-month revenue of $12.4B.
|
In Thousands, USD |
TTM 31-Mar-2025 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| Revenue | 12,367,821 | 11,999,404 | 11,077,815 | 8,921,020 |
| Net Income | 2,986,908 | 3,066,962 | 2,952,079 | 2,256,192 |
| Total Assets | 125,207,738 | 119,601,057 | 133,963,382 | 106,179,319 |
| Total Debt | 88,810,289 | 85,804,734 | 95,256,224 | 74,131,361 |
Banorte Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Banorte Comparisons
Industry
Financing
Details
Banorte Competitors (64)
One of Banorte’s 64 competitors is Lloyds Banking Group, a Corporation company based in London, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Lloyds Banking Group | Corporation | London, United Kingdom | ||||
| First National Bank (National Banks) | Corporation | Pittsburgh, PA | ||||
| NatWest Group | Corporation | Edinburgh, United Kingdom | ||||
| Rizal Commercial Banking | Formerly PE-Backed | Makati City, Philippines | ||||
| Regions Financial | Corporation | Birmingham, AL |
Banorte Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Banorte Investments & Acquisitions (21)
Banorte’s most recent deal was a Secondary Transaction - Private with Tarjetas del Futuro for . The deal was made on 15-Apr-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Tarjetas del Futuro | 15-Apr-2025 | Secondary Transaction - Private | Other Financial Services | ||
| Tarjetas del Futuro | 01-Dec-2023 | Merger/Acquisition | Other Financial Services | ||
| Inversiones Mcn | 26-Apr-2022 | Later Stage VC | Real Estate Services (B2C) | ||
| Clip | 10-Jun-2021 | Later Stage VC | Financial Software | ||
| Tarjetas del Futuro | 30-Jun-2020 | Joint Venture | Other Financial Services |
Banorte ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
13.74 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 14,673
Rank
Percentile
Banks
Industry
of 1,018
Rank
Percentile
Regional Banks
Subindustry
of 583
Rank
Percentile
Banorte Exits (2)
Banorte’s most recent exit was on 01-Apr-2009 from Inter National Bank. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Inter National Bank | 01-Apr-2009 | Completed |
|
||
| Inter National Bank | 17-Nov-2006 | Merger/Acquisition | Completed |
Banorte Affiliates
Subsidiaries (6)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Bineo | Mexico City, Mexico | 2021 | |
| Casa de Bolsa Banorte Ixe | Mexico City, Mexico | 2012 | |
| Afore XXI Banorte | Mexico City, Mexico | 1997 | |
| UniTeller Holdings | Rochelle Park, NJ | 1994 | |
| Banco Regional del Norte | Monterrey, Mexico |
Banorte FAQs
-
When was Banorte founded?
Banorte was founded in 1899.
-
Where is Banorte headquartered?
Banorte is headquartered in Monterrey, Mexico.
-
What is the size of Banorte?
Banorte has 34,019 total employees.
-
What industry is Banorte in?
Banorte’s primary industry is National Banks.
-
Is Banorte a private or public company?
Banorte is a Public company.
-
What is Banorte’s stock symbol?
The ticker symbol for Banorte is GFNORTEO.
-
What is the current stock price of Banorte?
As of 20-Jun-2025 the stock price of Banorte is $8.87.
-
What is the current market cap of Banorte?
The current market capitalization of Banorte is $24.9B.
-
What is Banorte’s current revenue?
The trailing twelve month revenue for Banorte is $12.4B.
-
Who are Banorte’s competitors?
Lloyds Banking Group, First National Bank (National Banks), NatWest Group, Rizal Commercial Banking, and Regions Financial are some of the 64 competitors of Banorte.
-
What is Banorte’s annual earnings per share (EPS)?
Banorte’s EPS for 12 months was $1.03.
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