Grupo Financiero Banorte Achieves Esteemed Status in Latin America's Banking History

In a significant milestone for the financial world, Grupo Financiero Banorte, under the leadership of Carlos Hank Gonzalez, has once again been awarded Extel's highest honor as the Most Honored Company in Mexico and across Latin America in the banking sector. This recognition marks the fifth consecutive year Banorte has received this accolade, emphasizing the institution's strong performance and exemplary leadership.

The announcement came during the 2026 Latin America Executive Team rankings, where Extel, a renowned financial research firm, evaluates companies across various industries, including the financial sector, in the region excluding Brazil. By performing exceptionally well, Banorte secured the top spot in categories such as Best Board of Directors, Best CEO, Best CFO, Best Investor Relations Officer, Best Investor Relations Team and Program, and Best Environmental, Social, and Governance (ESG) Performance. These distinctions reflect not only Banorte's operational excellence but also its commitment to transparency and sustainability.

Carlos Hank Gonzalez, the bank's Chairman of the Board, expressed pride in the recognition, stating, "These awards reflect the commitment and discipline with which we work every day to create sustainable value for our customers, shareholders, and society. We are honored to receive this distinction, which demonstrates that we have the best team in the banking industry to provide financial services and drive Mexico's economic development." His words underscore the essence of Banorte's mission to support both individual and corporate clients while emphasizing ethical banking and governance practices.

The consistent recognition of Banorte can be seen as a testament to the institution's robust corporate governance and the effectiveness of its management team. This achievement is not only indicative of high internal standards but also showcases the bank's ability to maintain strong relationships with investors, providing them with assurance regarding their investments. The investor relations (IR) team at Banorte, acknowledged as the best in Mexico, plays a crucial role in fostering communication and trust between the bank and its stakeholders.

Over the years, Extel has developed a rigorous methodology to measure companies on various attributes, including leadership skills, market presence, and communication capabilities. This year's evaluation was based on a direct selection mechanism where respondents, including investors and analysts, voiced their opinions on firms that exemplified best practices. These practices represent what investors are looking for in a high-performing financial institution, and Banorte's consistent ranking reaffirms its position as a leader in the Mexican banking landscape.

Grupo Financiero Banorte offers a comprehensive array of financial services, ranging from banking to insurance, fund management, and investment. With over 35,000 employees, the organization operates more than 1,200 branches and boasts an extensive ATM network across the country. Additionally, its subsidiary, Afore XXI Banorte, stands out as one of the leading pension fund managers in Mexico, further emphasizing the group's holistic approach towards financial solutions.

The bank's achievements are also reflective of broader trends in the Mexican economy, showcasing resilience and adaptability. In a period marked by challenges faced across developing markets, Banorte remains committed to creating sustainable value and contributing to the country's economic growth. By focusing on a customer-first approach and utilizing advanced technologies, the bank aims to enhance its service offerings and maintain its competitive edge.

In conclusion, Grupo Financiero Banorte's recognition as the Most Honored Company for the fifth consecutive year by Extel emphasizes its leadership excellence in the financial sector and promotes the continuous strive for improvement. With an unwavering commitment to corporate governance and sustainable practices, Banorte not only leads the banking industry in Mexico but also sets a precedent for financial institutions across Latin America. This ongoing success story continues to inspire confidence in stakeholders and solidifies Banorte's reputation as a key player in the financial landscape.