Grupo Financiero Banorte - ADR

Grupo Financiero Banorte - ADR

GBOOY

Get informed when a big investor buys or sells

+ Follow
Market Cap$30.74B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Grupo Financiero Banorte - ADRGrupo Financiero Banorte - ADR9.99.24%12%0.20.6

Earnings Call Q1 2026

April 22, 2026 - AI Summary

Solid Financial Performance: Grupo Financiero Banorte reported a net income of MXN 15.5 billion for Q1 2026, a 1% year-over-year increase, supported by strong core business metrics. However, lower interest rate environments and provisions due to internal model recalibrations slightly tempered growth.
Resilient Loan Growth: Lending activity grew by 6% year-over-year, particularly driven by a robust 11% increase in consumer lending. The bank's corporate and government lending is expected to improve later in the year, particularly spurred by upcoming infrastructure projects and the potential resolution of the USMCA.
Cost of Risk and Provisions: Cost of risk increased to 2.18% primarily due to model recalibrations and non-systemic factors, rather than actual asset quality deterioration. Analysts can expect cost of risk to stabilize towards the lower end of the guidance range (1.8%-2.1%) as the year progresses, aided by stable NPL ratios.

Exclusive for Stockcircle Pro members

Sign upSign Up
$62.69

Current Fair Value

14.8% upside

Undervalued by 14.8% based on the discounted cash flow analysis.

Share Statistics

Market cap$30.74 Billion
Enterprise Value$96.14 Billion
Dividend Yield$4.91 (9.24%)
Earnings per Share$103.95
Beta0.16
Outstanding Shares618,321,400

Return

Return on Equity12.01%ROE
Return on Assets1.19%
Return on Invested Capital3.26%

Valuation & Multiples

P/E Ratio9.89P/E Ratio
PEG890.02PEG
Price to Sales0.15Price to Sales
Price to Book Ratio0.13Price to Book Ratio
Enterprise Value to Revenue0.44
Enterprise Value to EBIT2.21
Enterprise Value to Net Income3
Total Debt to Enterprise1.62
Debt to Equity0.6Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
April 28, 2026
EPS Estimate
$1.68
Average shareholder expectation
Revenue Estimate
-
Average shareholder expectation

Next Earnings Call

Expected Date
July 22, 2026
EPS Estimate
$1.58
Average shareholder expectation
Revenue Estimate
$2.22 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.00000%
Total Calls-
Total Puts-

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %0.06% 0.00%
Total Invested$17.83M 13.82%
Investors Holding120%

ESG Score

No data

About Grupo Financiero Banorte

CEO: Jose Marcos Ramirez Miguel

Relevant Senate Committees

Joint Committee on Taxation

This committee's analyses and revenue estimates directly shape tax legislation, influencing corporate tax structures, investment incentives, and the overall tax burden on financial institutions.

Finance

As the primary committee for taxation and trade, it directly impacts corporate valuations, profitability through tax policy, and international trade relations crucial for a foreign financial group.

Appropriations

By allocating federal spending, this committee directly influences cash flows for various sectors and government programs, significantly impacting the broader economy and demand for financial services.

Agriculture, Nutrition, and Forestry

Its oversight of the CFTC and regulation of derivatives/futures markets, including potential classification of cryptocurrencies as commodities, directly impacts core financial services and trading activities.

Banking, Housing, and Urban Affairs

This is the primary regulatory committee for the financial system, directly impacting bank capital requirements, cryptocurrency regulation, and real estate markets, which are core to a commercial banking group.

Budget

By drafting the budget resolution, this committee influences the macroeconomic environment, sovereign debt levels, and overall fiscal policy, which are fundamental drivers for all financial institutions.

Foreign Relations

As a foreign financial group, Banorte is directly impacted by U.S. foreign policy, sanctions legislation, and international banking access, all governed by this committee.