Grupo Financiero Banorte reports a 12% annual increase in its consumer loan portfolio

By the conclusion of 2Q25, Grupo Financiero Banorte (GFNorte) announced that its Consumer Loan Portfolio had experienced a 12% increase on a year-over-year basis. Furthermore, the Corporate and Commercial portfolios experienced growth of 17% and 11%, respectively, in comparison to the same period last year.

GFNorte continues to prioritize capital strength and liquidity. In this way, Banorte’s capitalization ratio was 21.72%, while its core capital level was 13.96%. At the end of the quarter, the liquidity coverage ratio stood at 174.08%.

Within this portfolio, the credit card segment increased 18% during the period; payroll loans increased 9%, and automotive loans increased 30%; while mortgage loans grew 8%.

Meanwhile, the commercial portfolio grew 11% to a balance of 300,273 million pesos; corporate credit grew 17% to 224,810 million pesos, and the government portfolio decreased 16%.

The delinquency rate (IMOR) stood at 1.1%, slightly higher than 1.0% a year earlier.

«In the second quarter, we recorded significant growth in our Consumer Loan Portfolio, reflecting the confidence of our customers and the efficiency of our operations. These results show the hard work and dedication of those of us who belong to Banorte and allow us to maintain our leadership in Mexican banking,» said Carlos Hank González, Chairman of the Board of Directors.