Overview of Banorte’s Financial Performance in 2025
Grupo Financiero Banorte announced a net profit of 58,788 million pesos for the year 2025, marking a 5% growth compared to 2024. In the fourth quarter alone, Banorte’s profit reached 15,874 million pesos, an impressive 16% increase from the same period in 2024.
Key Financial Highlights
- Net Income Growth: Banorte’s net income grew by 5% in 2025 compared to the previous year.
- Interest Income Increase: Net interest income rose by 6% annually, supported by the growth in more profitable segments and optimized funding costs.
- Non-Interest Income Surge: Non-interest income increased by 86% compared to 2024, while operating expenses expanded by 11%, excluding the accounting effect of deconsolidating Bineo (its digital bank sold to Klar) and Tarjetas del Futuro (Rappicard fully acquired).
- Diversified Income Sources: The diversification of income among Banorte’s main subsidiaries contributed to its strong performance in 2025.
Credit Portfolio Expansion
Banorte’s report indicated that, by the end of Q4 2025, its credit portfolio stood at over 1.26 trillion pesos, representing an 8% increase compared to 2024.
- Credit Portfolio Growth: The credit portfolio grew across all segments, with a 12% increase in the consumption portfolio, reaching a balance of 531,512 million pesos.
- Segment-wise Growth: Within consumption, the mortgage segment grew by 7%, automotive by 32%, credit cards by 14%, and salary loans by 11%.
- Commercial and Corporate Credit Growth: The commercial credit portfolio grew by 5% to reach a balance of 313,373 million pesos. Corporate credit increased by 8% to 238,927 million pesos. The government credit segment rose by 1% to 185,016 million pesos.
- Improved Loan Quality: The delinquency index (IMOR) closed 2025 at 1.38%.
Deposit Accumulation and Financial Strength
Banorte’s total integrated capture increased by 9% during the period, reaching over 1.25 trillion pesos.
The results for this quarter demonstrate the solidity of our business model and Banorte’s ability to adapt and continue advancing in any environment.
Key Questions and Answers
- What was Banorte’s net profit for 2025? Banorte reported a net profit of 58,788 million pesos in 2025.
- How did Banorte’s profit perform in Q4 2025 compared to the same period in 2024? Banorte’s profit increased by 16% in Q4 2025 compared to the same period in 2024.
- What drove Banorte’s financial growth in 2025? The growth was supported by the expansion of more profitable credit segments, optimized funding costs, and diversified income sources.
- How did Banorte’s credit portfolio perform in 2025? The credit portfolio grew by 8% in 2025, with significant increases across various segments.
- What is the significance of Banorte’s delinquency index (IMOR) closing at 1.38% in 2025? A lower delinquency index indicates improved loan quality and reduced risk in the credit portfolio.
