Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY) Hits New 12-Month High – Here’s Why

Posted by Donna Armstrong on Aug 5th, 2026

Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY – Get Free Report) shares reached a new 52-week high on Wednesday . The company traded as high as $63.81 and last traded at $57.51, with a volume of 44585 shares traded. The stock had previously closed at $57.36.

Grupo Financiero Banorte SAB de CV Stock Performance

The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.42. The company’s 50-day simple moving average is $53.74 and its 200-day simple moving average is $55.07. The stock has a market capitalization of $32.36 billion, a price-to-earnings ratio of 9.70, a PEG ratio of 1.27 and a beta of 0.70.

Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY – Get Free Report) last issued its quarterly earnings results on Tuesday, July 21st. The company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.01. The company had revenue of $2.48 billion for the quarter, compared to analyst estimates of $2.29 billion. Grupo Financiero Banorte SAB de CV had a net margin of 14.97% and a return on equity of 22.25%. On average, analysts expect that Grupo Financiero Banorte SAB de CV will post 6.43 EPS for the current year.

Grupo Financiero Banorte SAB de CV Company Profile

(Get Free Report)

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.