tiprankstipranks
Trending News
More News >
Grupo Financiero Banorte SAB de CV Class O (GBOOF)
:GBOOF
US Market
Advertisement

Grupo Financiero Banorte SAB de CV (GBOOF) Earnings Dates, Call Summary & Reports

Compare
38 Followers

Earnings Data

Report Date
Oct 28, 2025
After Close (Confirmed)
Period Ending
2025 (Q3)
Consensus EPS Forecast
0.28
Last Year’s EPS
0.27
Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings

Earnings Call Summary

Q2 2025
Earnings Call Date:Jul 22, 2025|
% Change Since: 2.15%|
Earnings Call Sentiment|Neutral
The earnings call presents a mixed picture: there are strong achievements in consumer lending growth and commitment to sustainability and anti-money laundering compliance, alongside challenges such as sequential decline in net income, specific issues in commercial loans, and FX impacts. The highlights and lowlights are relatively balanced.
Company Guidance -
Q3 2025
During Grupo Financiero Banorte's second quarter earnings call for 2025, key financial metrics and guidance were highlighted. The Mexican economy's GDP growth forecast for the year was set at 0.5%, bolstered by resilient private consumption, although investment and export dynamics remained weak. The Mexican Central Bank reduced the reference rate by 200 basis points to 8%, with an anticipated year-end rate of 7%. Banorte's net income for the second quarter declined 4% sequentially to MXN 14.6 billion, while the first half of 2025 saw a 6% increase to MXN 29.9 billion. The bank's ROE rose 17 basis points to 23.6%, with strong performance in core banking revenues. Asset quality remained robust with an NPA ratio of 1.1% and a cost of risk at 1.7%. Consumer lending grew 12% year-over-year, driven by a 30% increase in auto loans and 18% in the credit card portfolio. The bank reaffirmed its guidance for the year, anticipating challenges in the second half due to macroeconomic factors, but remained confident in its strategic initiatives and strong compliance in anti-money laundering practices.
Resilient Private Consumption
Despite a challenging macroeconomic environment, private consumption in Mexico remains resilient, supporting GDP growth forecast of 0.5% for 2025.
Increase in Net Income for H1 2025
Net income for the first half of 2025 reached MXN 29.9 billion, an increase of 6% compared to the same period last year.
Strong Consumer Portfolio Growth
Consumer lending grew 12% year-over-year, with significant growth in auto loans (30%), credit card portfolio (18%), and mortgage book (8%).
Improved Return on Equity
ROE increased 17 basis points in the quarter to 23.6%, with the bank's ROE at 30.2%.
Asset Quality Better Than Expected
NPA ratio stood at 1.1% with a slight decrease in cost of risk to 1.7% supported by effective risk models.
Commitment to Anti-Money Laundering
Banorte is enhancing its anti-money laundering compliance programs, including reassessing policies, conducting customer reviews, and training staff.
Sustainability Initiatives
Banorte has received EDGE certification for 8 branches and is installing solar plants in 25 branches as part of its sustainability efforts.

Grupo Financiero Banorte SAB de CV (GBOOF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

GBOOF Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Oct 28, 2025
2025 (Q3)
0.28 / -
0.269
Jul 22, 2025
2025 (Q2)
0.28 / 0.28
0.2596.34% (+0.02)
Apr 22, 2025
2025 (Q1)
0.28 / 0.29
0.26110.31% (+0.03)
Jan 28, 2025
2024 (Q4)
0.26 / 0.26
0.2417.25% (+0.02)
Oct 29, 2024
2024 (Q3)
0.27 / 0.27
0.24410.02% (+0.02)
Jul 23, 2024
2024 (Q2)
0.27 / 0.26
0.2417.64% (+0.02)
Apr 16, 2024
2024 (Q1)
0.26 / 0.26
0.249.13% (+0.02)
Jan 17, 2024
2023 (Q4)
0.25 / 0.24
0.21313.18% (+0.03)
Oct 31, 2023
2023 (Q3)
0.24 / 0.24
0.21215.00% (+0.03)
Jul 20, 2023
2023 (Q2)
0.24 / 0.24
0.21213.59% (+0.03)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

GBOOF Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jul 22, 2025
$8.85$9.26+4.63%
Apr 22, 2025
$7.97$8.60+7.90%
Jan 28, 2025
$7.19$7.34+2.09%
Oct 29, 2024
$6.83$6.70-1.90%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Grupo Financiero Banorte SAB de CV Class O (GBOOF) report earnings?
Grupo Financiero Banorte SAB de CV Class O (GBOOF) is schdueled to report earning on Oct 28, 2025, After Close (Confirmed).
    What is Grupo Financiero Banorte SAB de CV Class O (GBOOF) earnings time?
    Grupo Financiero Banorte SAB de CV Class O (GBOOF) earnings time is at Oct 28, 2025, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is GBOOF EPS forecast?
          GBOOF EPS forecast for the fiscal quarter 2025 (Q3) is 0.28.
            What am I Missing?
            Make informed decisions based on Top Analysts' activity
            Know what industry insiders are buying
            Get actionable alerts from top Wall Street Analysts
            Find out before anyone else which stock is going to shoot up
            Get powerful stock screeners & detailed portfolio analysis