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Mexican (IPC) Diversified Banks Industry Analysis

UpdatedJun 30, 2026
DataAggregated Company Financials
Companies3
  • 7D0.9%
  • 3M-7.8%
  • 1Y0.08%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has dropped 2.6%, driven by Grupo Financiero Banorte. de declining 3.7%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 7.0% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 30 Jun 2026Mex$832.1bMex$215.9bMex$100.4b8.2x8.3x3.9x
Thu, 28 May 2026Mex$886.8bMex$215.9bMex$100.4b8.7x8.8x4.1x
Sat, 25 Apr 2026Mex$876.9bMex$216.7bMex$101.3b8.8x8.7x4x
Mon, 23 Mar 2026Mex$829.4bMex$215.3bMex$101.0b8.3x8.2x3.9x
Wed, 18 Feb 2026Mex$898.3bMex$378.4bMex$101.0b8.9x8.9x2.4x
Fri, 16 Jan 2026Mex$823.8bMex$212.9bMex$100.8b8.3x8.2x3.9x
Sun, 14 Dec 2025Mex$890.8bMex$327.4bMex$96.0b8.1x9.3x2.7x
Tue, 11 Nov 2025Mex$897.7bMex$327.4bMex$96.0b8.1x9.3x2.7x
Thu, 09 Oct 2025Mex$916.6bMex$326.5bMex$95.0b8.3x9.7x2.8x
Sat, 06 Sep 2025Mex$934.0bMex$326.5bMex$95.0b8.5x9.8x2.9x
Mon, 04 Aug 2025Mex$880.1bMex$326.5bMex$95.0b8x9.3x2.7x
Wed, 02 Jul 2025Mex$904.5bMex$322.6bMex$92.7b8.2x9.8x2.8x
Fri, 30 May 2025Mex$937.0bMex$322.6bMex$92.7b8.6x10.1x2.9x
Sun, 27 Apr 2025Mex$915.9bMex$314.8bMex$91.1b8x10.1x2.9x
Tue, 25 Mar 2025Mex$824.4bMex$311.9bMex$90.0b7.4x9.2x2.6x
Thu, 20 Feb 2025Mex$860.5bMex$304.1bMex$102.4b8.4x8.4x2.8x
Sat, 18 Jan 2025Mex$805.8bMex$304.3bMex$103.3b7.4x7.8x2.6x
Mon, 16 Dec 2024Mex$856.5bMex$304.3bMex$103.3b7.8x8.3x2.8x
Wed, 13 Nov 2024Mex$734.4bMex$207.9bMex$102.0b7.4x7.2x3.5x
Fri, 11 Oct 2024Mex$977.4bMex$294.7bMex$100.4b8.3x9.7x3.3x
Sun, 08 Sep 2024Mex$926.2bMex$294.7bMex$100.4b7.7x9.2x3.1x
Tue, 06 Aug 2024Mex$925.6bMex$294.7bMex$100.4b7.4x9.2x3.1x
Thu, 04 Jul 2024Mex$982.1bMex$285.0bMex$101.6b8.6x9.7x3.4x
Sat, 01 Jun 2024Mex$1.0tMex$285.0bMex$101.6b9x10.3x3.7x
Mon, 29 Apr 2024Mex$1.1tMex$285.0bMex$101.6b9.7x11x3.9x
Wed, 27 Mar 2024Mex$1.1tMex$282.7bMex$100.5b9.6x11.2x4x
Fri, 23 Feb 2024Mex$1.2tMex$282.7bMex$100.5b10.3x11.9x4.2x
Sun, 21 Jan 2024Mex$1.2tMex$365.1bMex$128.2b7.9x9.7x3.4x
Tue, 19 Dec 2023Mex$1.2tMex$361.0bMex$126.7b7.7x9.8x3.4x
Thu, 16 Nov 2023Mex$1.2tMex$358.5bMex$125.0b7.3x9.5x3.3x
Sat, 14 Oct 2023Mex$1.1tMex$350.3bMex$118.7b7.3x9.5x3.2x
Mon, 11 Sep 2023Mex$1.1tMex$350.3bMex$118.7b7.1x9.3x3.2x
Wed, 09 Aug 2023Mex$1.2tMex$350.3bMex$118.7b7.4x9.8x3.3x
Fri, 07 Jul 2023Mex$1.1tMex$340.0bMex$108.3b6.8x10.6x3.4x
Price to Earnings Ratio

10.6x


Total Market Cap: Mex$1.1tTotal Earnings: Mex$108.3bTotal Revenue: Mex$340.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Diversified Banks Industry Price to Earnings3Y Average 9.4x202420252026
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 declined 2.5% per year over the last three years,
  • Revenues have also declined 14% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Mexican Diversified Banks compare with similar industries?

MX Market0.68%
Financials1.09%
Banks1.05%
Diversified Banks0.93%
Regional Banks1.72%
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
GFINBUR O Grupo Financiero Inbursa. deMex$41.601.6%
+Mex$4.0b		-16.0%PB0.9x
BBAJIO O Banco del Bajío Institución de Banca MúltipleMex$57.054.5%
+Mex$2.9b		24.0%PB1.4x
GFNORTE O Grupo Financiero Banorte. deMex$185.020.1%
+Mex$694.1m		7.3%PB2x

Latest News

GFNORTE O
Mex$185.02
Grupo Financiero Banorte. de
7D
0.1%
1Y
7.3%
Narrative Update • Jun 25

GFNORTE O: Steady Forecast Assumptions Will Support Higher Future Earnings Multiple

Analysts have kept their MX$220.87 price target for Grupo Financiero Banorte, S.A.B. de C.V. unchanged, indicating relatively steady assumptions around discount rate, revenue growth, profit margin and future P/E in their latest update. What's in the News No recent public news items for Grupo Financiero Banorte, S.A.B. de C.V. were provided in the available sources.
BBAJIO O
Mex$57.05
Banco del Bajío Institución de Banca Múltiple
7D
4.5%
1Y
24.0%
Narrative Update • Jun 12

BBAJIO O: Fine-Tuned Assumptions Will Support A More Optimistic Outlook

Analysts have kept their MX$61.58 price target for Banco del Bajío Institución de Banca Múltiple broadly unchanged, citing only fine tuning to the discount rate, revenue growth outlook, profit margin assumptions and future P/E inputs in their valuation work. What's in the News No recent company specific news items were identified from the provided sources for Banco del Bajío Institución de Banca Múltiple.
GFINBUR O
Mex$41.60
Grupo Financiero Inbursa. de
7D
1.6%
1Y
-16.0%