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Banorte Valuation Multiples
Discover revenue and EBITDA valuation multiples for Banorte and similar public comparables like Banco do Brasil, Standard Bank Group, OTP Bank, Bank Of Ningbo and more.
Banorte Overview
About Banorte
Grupo Financiero Banorte SAB de CV is a Mexican financial services company. The company offers a wide products and services including banking services, brokerage, wholesale banking, leasing, factoring, insurance, pensions, and retirement savings. It operates locally in Mexico.
Founded
1992
HQ
Employees
33.8K
Website
Sectors
Financials (LTM)
EV
$37B
Banorte Financials
Banorte reported last 12-month revenue of $9B.
In the same LTM period, Banorte generated $3B in net income.
Revenue (LTM)
Banorte P&L
In the most recent fiscal year, Banorte reported revenue of $14B and net income of $3B.
Banorte expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $9B | XXX | $14B | XXX | XXX | XXX |
| EBIT Margin | 54% | XXX | 37% | XXX | XXX | XXX |
| Net Profit | $3B | XXX | $3B | XXX | XXX | XXX |
| Net Margin | 36% | XXX | 25% | XXX | XXX | XXX |
| Net Debt | — | — | $3B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Banorte Stock Performance
Banorte has current market cap of $29B, and enterprise value of $37B.
Market Cap Evolution
Banorte's stock price is $10.52.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $37B | $29B | -0.2% | XXX | XXX | XXX | $1.23 |
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Start Free TrialBanorte Valuation Multiples
Banorte trades at 4.0x EV/Revenue multiple.
EV / Revenue (LTM)
Banorte Financial Valuation Multiples
As of March 31, 2026, Banorte has market cap of $29B and EV of $37B.
Equity research analysts estimate Banorte's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Banorte has a P/E ratio of 8.5x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $29B | XXX | $29B | XXX | XXX | XXX |
| EV (current) | $37B | XXX | $37B | XXX | XXX | XXX |
| EV/Revenue | 4.0x | XXX | 2.7x | XXX | XXX | XXX |
| EV/EBIT | 7.4x | XXX | 7.5x | XXX | XXX | XXX |
| P/E | 8.5x | XXX | 8.6x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 9.7x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Banorte Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Banorte Margins & Growth Rates
Banorte's revenue in the last 12 month grew by 3%.
Banorte's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.2M for the same period.
Banorte Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 3% | XXX | (31%) | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 5% | XXX | XXX | XXX |
| Opex to Revenue | 37% | XXX | 58% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Banorte Public Comps
See public comps and valuation multiples for other Commercial Banking comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Banco do Brasil | XXX | XXX | XXX | XXX | XXX | XXX |
| Standard Bank Group | XXX | XXX | XXX | XXX | XXX | XXX |
| OTP Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| Bank Of Ningbo | XXX | XXX | XXX | XXX | XXX | XXX |
| PKO Bank Polski | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Banorte M&A Activity
Banorte acquired XXX companies to date.
Last acquisition by Banorte was on XXXXXXXX, XXXXX. Banorte acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Banorte
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialBanorte Investment Activity
Banorte invested in XXX companies to date.
Banorte made its latest investment on XXXXXXXX, XXXXX. Banorte invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Banorte
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Banorte
| When was Banorte founded? | Banorte was founded in 1992. |
| Where is Banorte headquartered? | Banorte is headquartered in Mexico. |
| How many employees does Banorte have? | As of today, Banorte has over 33K employees. |
| Who is the CEO of Banorte? | Banorte's CEO is Jose Marcos Ramirez Miguel. |
| Is Banorte publicly listed? | Yes, Banorte is a public company listed on Bolsa Mexicana de Valores. |
| What is the stock symbol of Banorte? | Banorte trades under GFNORTEO ticker. |
| When did Banorte go public? | Banorte went public in 1992. |
| Who are competitors of Banorte? | Banorte main competitors are Banco do Brasil, Standard Bank Group, OTP Bank, Bank Of Ningbo. |
| What is the current market cap of Banorte? | Banorte's current market cap is $29B. |
| What is the current revenue of Banorte? | Banorte's last 12 months revenue is $9B. |
| What is the current revenue growth of Banorte? | Banorte revenue growth (NTM/LTM) is 3%. |
| What is the current EV/Revenue multiple of Banorte? | Current revenue multiple of Banorte is 4.0x. |
| Is Banorte profitable? | Yes, Banorte is net-income-positive (as of the last 12 months). |
| What is the current net income of Banorte? | Banorte's last 12 months net income is $3B. |
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