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Mexican (IPC) Diversified Banks Industry Analysis

UpdatedMar 26, 2026
DataAggregated Company Financials
Companies3
  • 7D4.7%
  • 3M10.8%
  • 1Y18.5%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has risen 1.9%, driven by gains from Grupo Financiero Banorte. de of 1.0%. This means that the industry has gained 12% over the past year. As for the next few years, earnings are expected to grow by 7.1% per annum.

Industry Valuation and Performance

Has the Mexican Diversified Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Mar 2026Mex$885.8bMex$215.3bMex$101.0b8.9x8.8x4.1x
Sun, 22 Feb 2026Mex$895.0bMex$378.4bMex$101.0b8.8x8.9x2.4x
Tue, 20 Jan 2026Mex$842.0bMex$212.9bMex$100.8b8.3x8.4x4x
Thu, 18 Dec 2025Mex$852.4bMex$327.4bMex$96.0b7.8x8.9x2.6x
Sat, 15 Nov 2025Mex$883.9bMex$327.4bMex$96.0b7.9x9.2x2.7x
Mon, 13 Oct 2025Mex$907.5bMex$326.5bMex$95.0b8.3x9.6x2.8x
Wed, 10 Sep 2025Mex$932.3bMex$326.5bMex$95.0b8.4x9.8x2.9x
Fri, 08 Aug 2025Mex$901.6bMex$326.5bMex$95.0b8.1x9.5x2.8x
Sun, 06 Jul 2025Mex$922.2bMex$322.6bMex$92.7b8.4x10x2.9x
Tue, 03 Jun 2025Mex$916.6bMex$322.6bMex$92.7b8.3x9.9x2.8x
Thu, 01 May 2025Mex$905.3bMex$314.8bMex$91.1b8.2x9.9x2.9x
Sat, 29 Mar 2025Mex$815.8bMex$311.9bMex$90.0b7.2x9.1x2.6x
Mon, 24 Feb 2025Mex$863.1bMex$304.1bMex$102.4b8.2x8.4x2.8x
Wed, 22 Jan 2025Mex$812.9bMex$304.3bMex$103.3b7.3x7.9x2.7x
Fri, 20 Dec 2024Mex$789.1bMex$304.3bMex$103.3b7.2x7.6x2.6x
Sun, 17 Nov 2024Mex$722.3bMex$207.9bMex$102.0b7.2x7.1x3.5x
Tue, 15 Oct 2024Mex$978.8bMex$294.7bMex$100.4b8.3x9.7x3.3x
Thu, 12 Sep 2024Mex$916.4bMex$294.7bMex$100.4b7.6x9.1x3.1x
Sat, 10 Aug 2024Mex$925.0bMex$294.7bMex$100.4b7.8x9.2x3.1x
Mon, 08 Jul 2024Mex$989.6bMex$285.0bMex$101.6b8.4x9.7x3.5x
Wed, 05 Jun 2024Mex$971.5bMex$285.0bMex$101.6b8.6x9.6x3.4x
Fri, 03 May 2024Mex$1.1tMex$285.0bMex$101.6b9.6x10.8x3.8x
Sun, 31 Mar 2024Mex$1.1tMex$282.7bMex$100.5b9.9x11.4x4.1x
Tue, 27 Feb 2024Mex$1.2tMex$282.7bMex$100.5b10.2x11.8x4.2x
Thu, 25 Jan 2024Mex$1.3tMex$365.2bMex$128.3b8.1x9.8x3.4x
Sat, 23 Dec 2023Mex$1.2tMex$361.0bMex$126.7b7.7x9.8x3.4x
Mon, 20 Nov 2023Mex$1.2tMex$361.0bMex$126.7b7.3x9.5x3.3x
Wed, 18 Oct 2023Mex$1.1tMex$350.3bMex$118.7b7.3x9.5x3.2x
Fri, 15 Sep 2023Mex$1.1tMex$350.3bMex$118.7b7.2x9.3x3.2x
Sun, 13 Aug 2023Mex$1.1tMex$350.3bMex$118.7b7.2x9.6x3.3x
Tue, 11 Jul 2023Mex$1.1tMex$340.0bMex$108.3b6.7x10.6x3.4x
Thu, 08 Jun 2023Mex$1.2tMex$340.0bMex$108.3b7.1x10.7x3.4x
Sat, 06 May 2023Mex$1.2tMex$340.0bMex$108.3b7.9x10.9x3.5x
Mon, 03 Apr 2023Mex$1.1tMex$326.6bMex$95.5b9.6x11.9x3.5x
Price to Earnings Ratio

11.9x


Total Market Cap: Mex$1.1tTotal Earnings: Mex$95.5bTotal Revenue: Mex$326.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Diversified Banks Industry Price to Earnings3Y Average 9.6x202420252026
Current Industry PE
    There are only 3 companies in the Mexican Diversified Banks industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have declined 13% per year.
  • This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.

Industry Comparison

How does Mexican Diversified Banks compare with similar industries?

MX Market4.08%
Financials3.83%
Banks4.21%
Diversified Banks4.73%
Regional Banks1.49%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
GFNORTE O Grupo Financiero Banorte. deMex$191.173.8%
+Mex$19.3b		31.0%PB2.1x
GFINBUR O Grupo Financiero Inbursa. deMex$44.324.0%
+Mex$9.9b		-5.0%PB1x
BBAJIO O Banco del Bajío Institución de Banca MúltipleMex$54.477.0%
+Mex$4.2b		22.0%PB1.3x

Latest News

GFNORTE O
Mex$191.17
Grupo Financiero Banorte. de
7D
3.8%
1Y
31.0%
BBAJIO O
Mex$54.47
Banco del Bajío Institución de Banca Múltiple
7D
7.0%
1Y
22.0%

BBAJIO O: JPMorgan Upgrade And Earnings Resilience Will Support Future Upside

Analysts have modestly adjusted their MX$60.73 price target for Banco del Bajío Institución de Banca Múltiple, citing updated assumptions for the discount rate, revenue growth, profit margin, and a future P/E of about 10.79x as reflected in recent Street research. Analyst Commentary Bullish Takeaways Bullish analysts see the MX$60.73 price target as aligned with a P/E of about 10.79x, which they view as reasonable for the bank's current earnings profile under their updated assumptions.
GFINBUR O
Mex$44.32
Grupo Financiero Inbursa. de
7D
4.0%
1Y
-5.0%