Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY) Shares Gap Up – Still a Buy?

Posted by Caroline Horne on Jan 30th, 2026

Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY – Get Free Report)’s share price gapped up before the market opened on Friday . The stock had previously closed at $58.23, but opened at $60.4675. Grupo Financiero Banorte SAB de CV shares last traded at $58.05, with a volume of 1,759 shares.

Grupo Financiero Banorte SAB de CV Stock Down 2.1%

The firm has a 50-day simple moving average of $49.14 and a 200 day simple moving average of $47.51. The company has a market capitalization of $32.80 billion, a PE ratio of 10.73, a price-to-earnings-growth ratio of 1.66 and a beta of 0.83. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.23 and a quick ratio of 0.23.

Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY – Get Free Report) last issued its earnings results on Tuesday, January 27th. The company reported $1.54 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.19. The company had revenue of $2.30 billion during the quarter. Grupo Financiero Banorte SAB de CV had a return on equity of 22.20% and a net margin of 13.50%. On average, research analysts predict that Grupo Financiero Banorte SAB de CV will post 4.84 EPS for the current fiscal year.

Grupo Financiero Banorte SAB de CV Company Profile

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Grupo Financiero Banorte SAB de CV, commonly known as Banorte, is a major Mexican financial services holding company headquartered in Monterrey, Mexico. The group operates a universal banking franchise that serves retail, small and medium-sized enterprises, and large corporate clients across Mexico. Banorte provides a broad suite of banking services through an extensive branch network and digital channels and maintains an international investor presence, including ADRs that trade on the U.S. OTC market under the symbol GBOOY.

Banorte’s core businesses include retail and commercial banking—offering deposit accounts, payment and cash management services, consumer and mortgage loans, credit and debit cards, and lending to corporate clients.