Banorte stock falls to EUR 9.15 with a 7.5 P/ E

Published on 10/09/2026 at 19:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Banorte stock costs EUR 9.15 on October 9, 2026 after EUR 9.30, down 1.61 percent. Market value is MXN 531.9 billion and results are due November 4, 2026.

Key points in brief

Banorte stock was at EUR 9.15 at Lang & Schwarz on October 9, 2026, down 1.61 percent from EUR 9.30.
The BMV quote was MXN 189.06, with a 52-week range of MXN 164.00 to MXN 210.00.
Market capitalization stood at MXN 531.9 billion, with a P/E ratio of 7.49 and a dividend yield of 9.00 percent.
The next third-quarter results conference is scheduled for November 4, 2026.

Banorte, MXP370711014, Illustration mit AI erstellt.

Banorte (MXP370711014) was trading at EUR 9.15 at Lang & Schwarz on October 9, 2026 at 7:00 p.m. CEST, down 1.61 percent versus the prior close of EUR 9.30. The move puts the German euro quote below the level shown in the morning market report, while the Mexican listing remained the relevant home-market reference.

BMV range leaves room to the high

On the BMV, Grupo Financiero Banorte traded at MXN 189.06 on October 9, 2026. The quote sits within the 52-week range of MXN 164.00 to MXN 210.00, leaving the stock 9.95 percent below the upper end of that range.

Global Banking and Finance Review identifies the security as GFNORTEO.MX on the BMV under ISIN MXP370711014. The finance quote showed 2,557,658 shares traded against an average volume of 5,869,004, a 56.44 percent gap below the average.

Valuation and payout figures

Banorte's market capitalization was MXN 531.9 billion on October 9, 2026. Its P/E ratio was 7.49 and its trailing dividend yield was 9.00 percent, giving the valuation section a clear income component alongside the earnings multiple.

MeridIAn Screener reported on October 5, 2026 that 16 analysts had an average target of MXN 223.88. The target lies 18.00 percent above the quoted MXN 189.79 reference used in that analysis, while the current BMV quote of MXN 189.06 is lower.

Comparison with peers

Banorte: minus 1.61 percent, P/E 7.49, market capitalization MXN 531.9 billion

Banco del Bajio (BMV, MXN): minus 1.59 percent, P/E 7.62, market capitalization MXN 67.9 billion

Bolsa Mexicana de Valores (BMV, MXN): plus 1.20 percent, P/E 12.24, market capitalization MXN 19.5 billion

Next results date is November 4

Grupo Financiero Banorte lists its third-quarter results conference for November 4, 2026 at 10:00 a.m. ET. That date is the next scheduled company event in the investor calendar.

Euro quote after the Xetra close

The Lang & Schwarz quote stood at EUR 9.15 on October 9, 2026 at 7:00 p.m. CEST, down 1.61 percent versus the EUR 9.30 prior close. The Mexican quote was MXN 189.06 on the same date, with the BMV session still open in the finance quotation.

The further course of trading is shown by the continuously updated real-time quote of Banorte stock.