Banorte reports double-digit growth

Grupo Financiero Banorte (GFNorte) announced a 12% annual growth in its Consumer Loan Portfolio at the conclusion of the fourth quarter of 2025 (4Q25). Furthermore, the Government Portfolio expanded by 1%, while the Corporate and Commercial Portfolios grew by 8% and 5%, respectively.

Liquidity and capital strength continue to be important components for GFNorte. Banorte had a core capital level of 12.61% and a capitalization ratio of 20.06%. The ratio of liquidity coverage was 162.35%.

“This quarter’s results demonstrate the strength of our business model and Banorte’s ability to adapt and continue moving forward in any environment. The consistency of our indicators and momentum in strategic areas confirm the trust that Mexican families and businesses continue to place in us,” said Carlos Hank González, Chairman of the Board of Directors.

At the end of Q4 2025, total deposits in the banking sector (demand deposits, time deposits, and money market deposits) grew 9% compared to the same period last year. Reaching 1,258,403 million pesos, driven by demand deposits, which grew 12%, and time deposits. Which grew 12%, achieved by personalizing the value proposition, focused on customer engagement and transactional deposits.

At the end of 2025, the balance of the current loan portfolio consolidated to reach 1,268,827 million pesos, representing an annual increase of 8%. Excluding government, the portfolio showed an annual expansion of 9%, mainly driven by the Consumer portfolio. Reflects financing to Mexican households and grew by 12% compared to the same period last year, with a balance of 531,512 million pesos.

This expansion was sustained by a 32% increase in the Automotive Portfolio, driven by the positive dynamics of the sector and the consolidation of alliances with highly recognized commercial partners.

Mortgage loans grew 7% annually, reaching MXN 292.405 billion, and the credit card portfolio stood at MXN 77.924 billion, an annual growth of 14%. The payroll loan balance totaled MXN 90.982 billion, an increase of 11% compared to 4Q24.