Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY) Stock Bumped Down to “Strong Sell” by Zacks Research

Posted by Renee Jackson on Oct 21st, 2026

Zacks Research downgraded shares of Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY – Free Report) from a hold rating to a strong sell rating in a research report released on Monday morning,Zacks reports.

Grupo Financiero Banorte SAB de CV Stock Performance

Shares of OTCMKTS GBOOY opened at $55.44 on Monday. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.64. The stock has a market capitalization of $31.19 billion, a price-to-earnings ratio of 9.35, a PEG ratio of 1.29 and a beta of 0.71. The stock’s fifty day simple moving average is $55.51 and its 200 day simple moving average is $55.04. Grupo Financiero Banorte SAB de CV has a 52-week low of $45.00 and a 52-week high of $63.81.

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 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.01. Grupo Financiero Banorte SAB de CV had a return on equity of 22.30% and a net margin of 14.97%. The company had revenue of $2.48 billion for the quarter, compared to analyst estimates of $2.29 billion. As a group, sell-side analysts forecast that Grupo Financiero Banorte SAB de CV will post 6.13 earnings per share for the current fiscal year.

Grupo Financiero Banorte SAB de CV Company Profile

(Get Free Report)

Grupo Financiero Banorte, SAB. de C.V. is a Mexico-based financial services holding company and the parent organization of Grupo Financiero Banorte. Through its subsidiaries, the group provides banking, insurance, retirement savings, investment, brokerage and other financial services to individuals, small and medium-sized businesses, corporations and government entities.

Its principal banking subsidiary, Banco Mercantil del Norte, operates under the Banorte brand and offers deposit accounts, consumer and commercial loans, mortgages, credit cards, payment services, investment products and digital banking.