16 analysts see MXN 224.44 target for Banorte stock

Published on 10/13/2026 at 17:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Banorte reports results on November 4, 2026. Banorte stock costs EUR 9.50 on October 13, 2026, down 0.02 percent on the BMV during trading.

Analyst view and reporting date

On October 7, 2026, TickerLandia cited 16 analysts with an average MXN 224.44 target.
Banorte lists its third-quarter results conference call for November 4, 2026.
Banorte stock costs EUR 9.50 at Lang & Schwarz on October 13, 2026 at 5:09 p.m. CEST, down 0.02 percent on the BMV.
Banorte had a market capitalization of MXN 542.5 billion on October 13, 2026.

Banorte, MXP370711014, Illustration mit AI erstellt.

Sixteen analysts put the average target for Banorte at MXN 224.44, according to TickerLandia on October 7, 2026. Against the BMV quote of MXN 192.86 on October 13, 2026, the price lies 14.07 percent below that average target. At Lang & Schwarz, Banorte stock was trading at EUR 9.50 on October 13, 2026 at 5:09 p.m. CEST, down 0.02 percent on the day on the BMV.

Results are scheduled for November 4

Grupo Financiero Banorte lists its third-quarter 2026 results conference call for November 4, 2026, at 10:00 a.m. ET on its investor-relations website. The date gives the analyst target a near-term reference point, while the call should provide the next update on earnings, asset quality and loan growth.

Banorte sits 8.16 percent below its high

The BMV quote on October 13, 2026 placed Banorte at MXN 192.86, between an intraday low of MXN 192.26 and a high of MXN 194.39. The same quote showed a 52-week range of MXN 164.00 to MXN 210.00, leaving the stock 8.16 percent below its yearly high and 17.60 percent above its yearly low.

Trading volume was 586,268 shares on October 13, 2026, compared with an average volume of 5,914,875 shares. That gap describes a subdued session, but it does not change the larger valuation question raised by the analyst target.

Valuation remains tied to bank peers

Banorte had a market capitalization of MXN 542.5 billion and a P/E ratio of 7.63 on October 13, 2026. The valuation sits close to Banco del Bajio's P/E ratio of 7.41, although Banorte's market value is materially larger.

Comparison with peers

Banorte (BMV, MXN): minus 0.02 percent, P/E 7.63, market capitalization MXN 542.5 billion
Banco del Bajio (BMV, MXN): minus 1.57 percent, P/E 7.41, market capitalization MXN 66.3 billion
IPC Mexico (BMV, MXN): plus 0.57 percent, index 67,130.37

Price and trading position

Banorte stock was trading at EUR 9.50 at Lang & Schwarz on October 13, 2026 at 5:09 p.m. CEST, down 0.02 percent on the day on the BMV. The further course of trading is shown by the continuously updated real-time quote of Banorte stock.