Banorte, MXP370711014

Banorte stock trades at EUR 9.65 with MXN 223.88 average target

Published on 10/16/2026 at 09:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Second-quarter revenue was MXN 43.15 billion versus MXN 41.19 billion expected. Banorte stock costs EUR 9.65 on October 16, 2026.

Quarterly figures and upcoming dates

  • Banorte reported MXN 43.15 billion in second-quarter revenue on June 30, 2026.
  • The revenue estimate for that quarter was MXN 41.19 billion.
  • Banorte stock trades at EUR 9.65 at 9:09 a.m. CEST at Lang & Schwarz on October 16, 2026.
  • The third-quarter results conference call is scheduled for November 4, 2026.
Banorte, MXP370711014, Illustration mit AI erstellt.

Banorte (MXP370711014) stock was trading at EUR 9.65 at Lang & Schwarz on October 16, 2026 at 9:09 a.m. CEST. The latest reported quarter showed MXN 43.15 billion in revenue against an MXN 41.19 billion estimate, according to TickerLandia.

Revenue sets the latest benchmark

For the second quarter of 2026, Banorte generated MXN 43.15 billion in revenue, while the estimate was MXN 41.19 billion. The same source lists net income at MXN 15.55 billion and earnings per share at MXN 5.53 for that quarter, with earnings per share matching the estimate.

The figures give investors a concrete reference point before the next formal update. Revenue exceeded the cited estimate by MXN 1.96 billion, or 4.76 percent, while net income rose from MXN 15.46 billion in the preceding quarter to MXN 15.55 billion, a 0.58 percent increase.

What does the next report add?

The company's investor-relations calendar lists the third-quarter 2026 results conference call for November 4, 2026 at 10:00 a.m. ET, according to Grupo Financiero Banorte. That date makes the third-quarter earnings release the next scheduled company-specific catalyst.

Three dated developments

On September 28, 2026, Banorte and Murex announced the implementation of total return swaps in Mexico after regulatory approval, according to Murex. On October 7, 2026, a company notice set the third-quarter results date, according to Worldnews. On October 16, 2026, the Lang & Schwarz quote stood at EUR 9.65.

Dates investors can mark

The next scheduled date is November 4, 2026, for the third-quarter results conference call. Banorte's investor-relations page lists the start time as 10:00 a.m. ET, giving the market a defined point for comparing new results with the second-quarter revenue and earnings figures.

Stock price and reporting calendar

Banorte stock was trading at EUR 9.65 at Lang & Schwarz on October 16, 2026 at 9:09 a.m. CEST. The BMV listing uses ticker GFNORTEO, and the company operates in banking and financial services. The scheduled November 4, 2026 call is the next dated event for the stock.

The further course of trading is shown by the continuously updated real-time quote of Banorte stock.

Banorte stock facts

  • Company: Grupo Financiero Banorte S.A.B. de C.V.
  • ISIN: MXP370711014
  • Ticker: GFNORTEO
  • Primary exchange: BMV
  • Price Lang & Schwarz (as of October 16, 2026, 9:09 a.m. CEST): EUR 9.65
  • Sector / Industry: Financial Services / Banking
  • Next earnings date: November 4, 2026

Market context: Latest market reports.

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