Grupo Financiero Banorte SAB de CV Q1 2025 Earnings Results & Report

Grupo Financiero Banorte SAB de CV EPS Results

• Actual EPS: $1.32
• Consensus EPS: $26.79
• Beat/Miss: Missed by -$25.47
• One Year Ago EPS: N/A
• EPS Beat Rate: 3 of last 7 quarters

Grupo Financiero Banorte SAB de CV Revenue Results

• Actual Revenue: $1.99 billion
• Expected Revenue: $40.28 billion
• Beat/Miss: Missed by -$38.30 billion
• YoY Revenue Growth: N/A

Grupo Financiero Banorte, S.A.B. de C.V. is a Mexico-based financial services holding company whose principal business is conducted through Banco Mercantil del Norte, commonly known as Banorte. The group provides banking services to individuals, businesses, corporations and government entities, including deposit accounts, consumer and commercial lending, mortgages, payment services, cash management and electronic banking.

Through its affiliated companies, Grupo Financiero Banorte also offers brokerage and investment banking services, insurance products, pension and retirement administration, leasing, factoring and other financial services. Its operations are primarily focused on Mexico, where Banorte serves customers through branches, digital channels and specialized financial platforms.

The group traces its banking roots to the late nineteenth century and developed through the consolidation of regional financial institutions, including Banco Mercantil del Norte. Grupo Financiero Banorte is led by Executive Chairman Carlos Hank González and Chief Executive Officer Marcos Ramírez Miguel. Its shares trade in Mexico, while American depositary securities are quoted over the counter in the United States under the symbol GBOOY.