Grupo Financiero Banorte: Attractive Valuation For An Industry Leader

  • Banorte stands out as Mexico's only major locally owned bank, leveraging a vast branch and ATM network for strong client relationships and cross-selling. Its diversified business model spans consumer loans, asset management, insurance, and retirement funds, ensuring revenue stability and growth. Banorte's return on equity has risen impressively to 23.6% in 2Q 2025, outpacing industry averages due to efficiency and digital investments.