Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY) Shares Gap Up – Here’s Why

Posted by Teresa Graham on Aug 13th, 2026

Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY – Get Free Report)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $56.18, but opened at $59.99. Grupo Financiero Banorte SAB de CV shares last traded at $56.87, with a volume of 1,077 shares changing hands.

Grupo Financiero Banorte SAB de CV Stock Down 0.0%

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 stock has a market capitalization of $32.00 billion, a P/E ratio of 9.59, a PEG ratio of 1.24 and a beta of 0.70. The company has a fifty day moving average price of $54.22 and a 200-day moving average price of $55.27.

Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY – Get Free Report) last announced its quarterly earnings results on Tuesday, July 21st. The company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.58 by $0.01. The company had revenue of $2.48 billion during the quarter, compared to analyst estimates 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, research analysts forecast that Grupo Financiero Banorte SAB de CV will post 6.46 EPS for the current fiscal 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.