Overview
- The 10 Afores reported a combined net profit of 7,753 million pesos for January–May 2026, CONSAR figures show, a nominal increase versus the same period last year.
- Commission revenue for January–May reached 19,002 million pesos and Afores recorded unrealized gains (plusvalías) of 239,481 million pesos in May and 476,411 million pesos in the first five months, meaning account balances rose though gains are not yet cashed out.
- Afore XXI Banorte, Banamex and SURA led firm-level profits in the Jan–May period, with XXI Banorte reporting 1,443 million pesos, Banamex 1,306 million and SURA 1,244 million.
- CONSAR data show InverCap ranked at or near the top in eight of ten Siefores Generacionales and posted annualized net returns of up to 19% over the past 12 months, a performance measure that already includes commissions and does not guarantee future results.
- The system now manages about 8.9 trillion pesos for roughly 70.3 million accounts at an average commission near 0.538%, and rising public criticism, including teacher-union protests, is renewing calls to reassess whether private management and current rules deliver fair retirement outcomes for workers.