Grupo Financiero BanorteB de CV (MEX:GFNORTEO) Total Assets: MXN2,635,909 Mil (As of Mar. 2026)

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MEX:GFNORTEO Grupo Financiero Banorte SAB de CV MEX:GFNORTEO
73 GF Score
Price MXN183.98
GF Value MXN162.02
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Grupo Financiero BanorteB de CV Total Assets?

Grupo Financiero BanorteB de CV MEX:GFNORTEO -1.09% 73 Total Assets is MXN2,635,909 Mil as of Mar. 2026. GuruFocus rates MEX:GFNORTEO with a GF Score™ of 73/100 and a GF Value™ of MXN162.02 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Grupo Financiero BanorteB de CV's Total Assets for the quarter that ended in Mar. 2026 was MXN2,635,909 Mil.

During the past 12 months, Grupo Financiero BanorteB de CV's average Total Assets Growth Rate was 5.40% per year. During the past 3 years, the average Total Assets Growth Rate was 8.40% per year. During the past 5 years, the average Total Assets Growth Rate was 9.00% per year. During the past 10 years, the average Total Assets Growth Rate was 8.60% per year.

During the past 13 years, Grupo Financiero BanorteB de CV's highest 3-Year average Total Assets Growth Rate was 49.10%. The lowest was 4.30%. And the median was 9.70%.

Total Assets is connected with ROA %. Grupo Financiero BanorteB de CV's annualized ROA % for the quarter that ended in Mar. 2026 was 2.36%. Total Assets is also linked to Revenue through Asset Turnover. Grupo Financiero BanorteB de CV's Asset Turnover for the quarter that ended in Mar. 2026 was 0.03.


Grupo Financiero BanorteB de CV  (MEX:GFNORTEO) Total Assets Explanation

Total Assets is connected with ROA %.

Grupo Financiero BanorteB de CV's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=61832.136/( (2598663+2635908.702)/ 2 )
=61832.136/2617285.851
=2.36 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Grupo Financiero BanorteB de CV's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=67892.313/( (2598663+2635908.702)/ 2 )
=67892.313/2617285.851
=0.03

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Grupo Financiero BanorteB de CV Total Assets Related Terms


Grupo Financiero BanorteB de CV Total Assets Historical Data

* Premium members only.

The historical data trend for Grupo Financiero BanorteB de CV's Total Assets 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 Total Assets Chart

Grupo Financiero BanorteB de CV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,850,879.00 2,070,072.00 2,274,859.00 2,471,209.00 2,598,663.00

Grupo Financiero BanorteB de CV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Assets 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 2,552,759.14 2,524,481.00 2,509,263.45 2,598,663.00 2,635,908.70
MEX:GFNORTEO
73GF Score
Grupo Financiero Banorte SAB de CV MEX:GFNORTEO
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Grupo Financiero BanorteB de CV Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Grupo Financiero BanorteB de CV's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=252213+2346450
=2,598,663

Grupo Financiero BanorteB de CV's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=264431.004+2371477.697
=2,635,909

* 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 Total Assets →
What does a Total Assets of MXN2,635,909 Mil mean?
Grupo Financiero BanorteB de CV (MEX:GFNORTEO) has a Total Assets of MXN2,635,909 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Grupo Financiero BanorteB de CV and its competitors.
Is Grupo Financiero BanorteB de CV's Total Assets too high?
Grupo Financiero BanorteB de CV's current Total Assets is MXN2,635,909 Mil. Overall, Grupo Financiero BanorteB de CV has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grupo Financiero BanorteB de CV's Total Assets compare to PNC and USB?
Grupo Financiero BanorteB de CV's Total Assets of MXN2,635,909 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Banks company?
A good Total Assets depends on the Banks industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Grupo Financiero BanorteB de CV and its competitors. Grupo Financiero BanorteB de CV's current Total Assets is MXN2,635,909 Mil. 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 (MEX:GFNORTEO) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN162.02, compared to a current price of MXN183.98 — trading 13.6% above its estimated fair value. The current Total Assets is MXN2,635,909 Mil. Grupo Financiero BanorteB de CV's overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Grupo Financiero BanorteB de CV (MEX:GFNORTEO), the current Total Assets is MXN2,635,909 Mil as of Mar. 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 (MEX:GFNORTEO) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo Financiero BanorteB de CV stock appears to be overvalued. The current stock price of MXN183.98 is trading 13.6% above its estimated GF Value™ of MXN162.02. GuruFocus considers Grupo Financiero BanorteB de CV to be Modestly Overvalued.

Key valuation signals for MEX:GFNORTEO:

  • Total Assets: MXN2,635,909 Mil
  • GF Value™: MXN162.02 vs. price of MXN183.98 (13.6% above fair value)
  • GF Score™: 73/100 with 4 warning signs

No single metric tells the full story. See the MEX:GFNORTEO 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.
73GF Score

Get the complete analysis for MEX:GFNORTEO

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

MXN183.98
Price
MXN162.02
GF Value