Grupo Financiero BanorteB de CV (XMAD:XNOR) Equity-to-Asset: 0.09 (As of Jun. 2026) — 18% Below Median

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XMAD:XNOR Grupo Financiero Banorte SAB de CV XMAD:XNOR
78 GF Score
Price €9.25
GF Value €9.21
Valuation Fairly Valued
! 8 Warning Signs
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What is Grupo Financiero BanorteB de CV Equity-to-Asset?

Grupo Financiero BanorteB de CV XMAD:XNOR 78 Equity-to-Asset is 0.09 as of Jun. 2026, which is 18% below its 10-year median of 0.11. GuruFocus rates XMAD:XNOR with a GF Score™ of 78/100 and a GF Value™ of €9.21 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,525 Banks companies, Grupo Financiero BanorteB de CV ranks worse than 55.28% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Grupo Financiero BanorteB de CV's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €12,314 Mil. Grupo Financiero BanorteB de CV's Total Assets for the quarter that ended in Jun. 2026 was €132,801 Mil. Therefore, Grupo Financiero BanorteB de CV's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.09.

The historical rank and industry rank for Grupo Financiero BanorteB de CV's Equity-to-Asset or its related term are showing as below:

XMAD:XNOR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.11   Max: 0.13
Current: 0.09

During the past 13 years, the highest Equity to Asset Ratio of Grupo Financiero BanorteB de CV was 0.13. The lowest was 0.09. And the median was 0.11.

XMAD:XNOR's Equity-to-Asset is ranked worse than
55.28% of 1525 companies
in the Banks industry
Industry Median: 0.1 vs XMAD:XNOR: 0.09

Grupo Financiero BanorteB de CV  (XMAD:XNOR) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Grupo Financiero BanorteB de CV Equity-to-Asset Related Terms


Grupo Financiero BanorteB de CV Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Grupo Financiero BanorteB de CV's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Grupo Financiero BanorteB de CV Equity-to-Asset Chart

Grupo Financiero BanorteB de CV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.11 0.11 0.10 0.10

Grupo Financiero BanorteB de CV Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.11 0.10 0.10 0.09

XMAD:XNOR vs PNC, USB: Equity-to-Asset Comparison

For the Banks - Regional subindustry, Grupo Financiero BanorteB de CV's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Grupo Financiero BanorteB de CV Equity-to-Asset vs Banks Industry

For the Banks industry and Financial Services sector, Grupo Financiero BanorteB de CV's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Grupo Financiero BanorteB de CV's Equity-to-Asset falls into.


XMAD:XNOR
78GF Score
Grupo Financiero Banorte SAB de CV XMAD:XNOR
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grupo Financiero BanorteB de CV Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Grupo Financiero BanorteB de CV's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=11814.196/123253.092
=0.10

Grupo Financiero BanorteB de CV's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=12313.727/132800.516
=0.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.09 mean?
Grupo Financiero BanorteB de CV (XMAD:XNOR) has a Equity-to-Asset of 0.09 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Grupo Financiero BanorteB de CV and its competitors. This is 18% below median its historical median of 0.11. Over the past decade, Grupo Financiero BanorteB de CV's Equity-to-Asset has ranged from 0.09 to 0.13. According to the industry distribution chart, Grupo Financiero BanorteB de CV ranks #843 out of 1525 companies in the Banks industry, placing it in the top 55.3%.
Is Grupo Financiero BanorteB de CV's Equity-to-Asset too high?
Grupo Financiero BanorteB de CV's current Equity-to-Asset of 0.09 is 18% below median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.13. The Banks industry median Equity-to-Asset is 0.10. Grupo Financiero BanorteB de CV's value of 0.09 is 10% below this industry median. Based on the distribution chart, Grupo Financiero BanorteB de CV ranks #843 out of 1525 companies in the Banks industry, which is below the industry midpoint. Overall, Grupo Financiero BanorteB de CV has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grupo Financiero BanorteB de CV's Equity-to-Asset compare to PNC and USB?
According to the Banks industry distribution chart, Grupo Financiero BanorteB de CV ranks #843 out of 1525 companies for Equity-to-Asset. This places Grupo Financiero BanorteB de CV in the lower half of its industry. The industry median Equity-to-Asset is 0.10. Grupo Financiero BanorteB de CV's value of 0.09 is 10% below this benchmark. Historically, Grupo Financiero BanorteB de CV's own Equity-to-Asset has ranged from 0.09 to 0.13 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 0.10, Grupo Financiero BanorteB de CV has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Banks company?
The median Equity-to-Asset among Banks companies is 0.10, based on 1,525 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grupo Financiero BanorteB de CV's current Equity-to-Asset of 0.09 is 10% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Grupo Financiero BanorteB de CV and its competitors. For the Banks industry, the median Equity-to-Asset is 0.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo Financiero BanorteB de CV's current Equity-to-Asset is 0.09, which is 18% below median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo Financiero BanorteB de CV stock overvalued right now?
Based on GuruFocus' analysis, Grupo Financiero BanorteB de CV (XMAD:XNOR) is currently considered Fairly Valued. The stock's GF Value™ is €9.21, compared to a current price of €9.25 — trading 0.4% above its estimated fair value. The current Equity-to-Asset is 0.09, which is 18% below median its 10-year median of 0.11 and 10% below the Banks industry median of 0.10. Grupo Financiero BanorteB de CV's overall GF Score™ is 78/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Grupo Financiero BanorteB de CV (XMAD:XNOR), the current Equity-to-Asset is 0.09 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Grupo Financiero BanorteB de CV (XMAD:XNOR) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo Financiero BanorteB de CV stock appears to be overvalued. The current stock price of €9.25 is trading 0.4% above its estimated GF Value™ of €9.21. GuruFocus considers Grupo Financiero BanorteB de CV to be Fairly Valued.

Key valuation signals for XMAD:XNOR:

  • Equity-to-Asset: 0.09 (18% below median its 10-year median of 0.11)
  • GF Value™: €9.21 vs. price of €9.25 (0.4% above fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 10% below the Banks median (#843 of 1525)

No single metric tells the full story. See the XMAD:XNOR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grupo Financiero BanorteB de CV Business Description

Address Avenue Prolongacion Reforma 1230, Col. Cruz Manca Santa Fe, Delegacion Cuajimalpa, Mexico, MEX, MEX, 05349
Grupo Financiero Banorte SAB de CV main activity are the execution of financial operations such as the provision of services of commercial banking, brokerage, leasing, financial factoring, warehousing services in general, pensions, life and damage insurance, as well as disposal, management, collection and negotiation, in any form, with credit rights. Its business segments are Retail Banking, SME Banking, Wholesale Banking, Middle-market and Corporate Banking, Transactional Banking, Government Banking, International Banking, etc.
78GF Score

Get the complete analysis for XMAD:XNOR

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€9.25
Price
€9.21
GF Value