Banorte Overview

  • Year Founded
  • 1899

Year Founded

  • Status
  • Public

  • Employees
  • 34,019

Employees

  • Stock Symbol
  • GFNORTEO

Stock Symbol

  • 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.com
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Corporate Office
  • Avenida Revolucion No. 3000
  • Col. Primavera
  • Monterrey, 64830
  • Mexico
+52
Primary Industry
National Banks
Stock Exchange
MEX
Corporate Office
  • Avenida Revolucion No. 3000
  • Col. Primavera
  • Monterrey, 64830
  • Mexico
+52

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

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
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Banorte Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

This information is available in the PitchBook Platform. To explore Banorte‘s full profile, request access.

Request a free trial

Banorte Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Grupo Financiero Banorte SAB de CV is a Mexican financial services company. The company offers a wide products and servi
National Banks
Monterrey, Mexico
34,019 As of 2025

London, United Kingdom
 

Pittsburgh, PA
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

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
You’re viewing 5 of 64 competitors. Get the full list »

Banorte Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

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
You’re viewing 5 of 21 investments and acquisitions. Get the full list »

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

To view Banorte’s complete esg history, request access »

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
To view Banorte’s complete exits history, request access »

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
You’re viewing 5 of 6 affiliates. Get the full list.  »

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.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »