Grupo Financiero Banorte S.A.B. de C.V. (GBOOF)
OTCQX OTCQX Primary 
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.
Banorte: A Rally With Good Fundamental Backing
Banorte has been on a tear this year. The fundamental backdrop remains supportive. Plenty of reward still on offer for patient investors.
Grupo Financiero Banorte: Sit And Wait For The Re-Rate
Grupo Financiero Banorte has been unfairly penalized for events outside of its control. But the overhang is starting to clear and a big re-rating could be on the cards. Patient investors get paid a well-covered yield to wait things out.
Grupo Financiero Banorte: 9% Dividend Yield For Whoever Can Handle The Geopolitical Risks
The uncertainty created by the frosty relations between Mexico and the US will likely lead to further Mexican Peso depreciation. The interest rate differential change in 2025 is also unfavorable for the MXN. GBOOY's earnings growth will most probably continue to be impressive, mostly because of the anticipated interest rate cuts in Mexico.
Banorte: Mexico's Banking Leader Is Available At A Deep Discount
Banorte hasn't been immune from Mexico's post-election selloff. It has, however, been overly penalized. Get paid an 10+% yield to sit and wait.
