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

Posted by Jessica Moore on Sep 3rd, 2026

Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY – Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $57.95, but opened at $55.70. Grupo Financiero Banorte SAB de CV shares last traded at $58.81, with a volume of 16,062 shares.

Grupo Financiero Banorte SAB de CV Trading Up 1.4%

The stock has a market cap of $33.05 billion, a PE ratio of 9.90, a price-to-earnings-growth ratio of 1.25 and a beta of 0.70. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.79 and a current ratio of 0.79. The company’s 50-day moving average price is $55.10 and its 200 day moving average price is $55.06.

Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY – Get Free Report) last issued its quarterly earnings data on Tuesday, July 21st. The company reported $1.59 earnings per share for the quarter, topping the consensus estimate 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%. On average, sell-side 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.