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

Posted by James Quigley on Aug 5th, 2026

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

Grupo Financiero Banorte SAB de CV Stock Performance

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

Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY – Get Free Report) last announced its earnings results on Tuesday, July 21st. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.58 by $0.01. The business had revenue of $2.48 billion for the quarter, compared to analysts’ expectations of $2.29 billion. Grupo Financiero Banorte SAB de CV had a return on equity of 22.25% and a net margin of 14.97%. As a group, analysts predict that Grupo Financiero Banorte SAB de CV will post 6.43 EPS for the current 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.