Colombian (COLCAP) Banks Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies10
- 7D1.3%
- 3M2.3%
- 1Y1.8%
- YTD6.7%
The Banks industry is up 1.3% in the last week, with Bancolombia up 4.9%. Meanwhile, BAC Holding International actually underperformed within the industry, shrinking 6.9% in the last week. Despite this gain, the industry's performance has been flat over the past year. Looking forward, earnings are forecast to grow by 27% annually.
Industry Valuation and Performance
Has the Colombian Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | Col$89.2t | Col$63.0t | Col$8.5t | 15x | 10.5x | 1.4x |
| Tue, 16 Apr 2024 | Col$87.9t | Col$65.5t | Col$9.9t | 10.6x | 8.8x | 1.3x |
| Thu, 14 Mar 2024 | Col$84.2t | Col$64.9t | Col$10.1t | 10.1x | 8.4x | 1.3x |
| Sat, 10 Feb 2024 | Col$85.7t | Col$65.4t | Col$10.6t | 10.2x | 8.1x | 1.3x |
| Mon, 08 Jan 2024 | Col$88.1t | Col$65.3t | Col$10.5t | 9.6x | 8.4x | 1.3x |
| Wed, 06 Dec 2023 | Col$76.2t | Col$66.5t | Col$11.7t | 7.5x | 6.5x | 1.1x |
| Fri, 03 Nov 2023 | Col$74.4t | Col$68.3t | Col$12.6t | 6.9x | 5.9x | 1.1x |
| Sun, 01 Oct 2023 | Col$77.7t | Col$59.9t | Col$10.9t | 8.2x | 7.2x | 1.3x |
| Tue, 29 Aug 2023 | Col$78.7t | Col$59.9t | Col$11.4t | 7.2x | 6.9x | 1.3x |
| Thu, 27 Jul 2023 | Col$85.4t | Col$61.6t | Col$13.6t | 6.1x | 6.3x | 1.4x |
| Sat, 24 Jun 2023 | Col$84.3t | Col$61.6t | Col$13.6t | 6.3x | 6.2x | 1.4x |
| Mon, 22 May 2023 | Col$86.0t | Col$61.4t | Col$14.1t | 6.5x | 6.1x | 1.4x |
| Wed, 19 Apr 2023 | Col$96.6t | Col$63.2t | Col$14.5t | 6.2x | 6.6x | 1.5x |
| Fri, 17 Mar 2023 | Col$84.7t | Col$69.2t | Col$17.0t | 4.5x | 5x | 1.2x |
| Sun, 12 Feb 2023 | Col$95.3t | Col$75.4t | Col$18.7t | 4x | 5.1x | 1.3x |
| Tue, 10 Jan 2023 | Col$102.5t | Col$75.4t | Col$18.7t | 4x | 5.5x | 1.4x |
| Thu, 08 Dec 2022 | Col$99.6t | Col$75.3t | Col$18.6t | 4x | 5.3x | 1.3x |
| Sat, 05 Nov 2022 | Col$91.3t | Col$75.6t | Col$19.3t | 4.2x | 4.7x | 1.2x |
| Mon, 03 Oct 2022 | Col$91.2t | Col$76.4t | Col$20.1t | 4.6x | 4.5x | 1.2x |
| Wed, 31 Aug 2022 | Col$102.4t | Col$76.4t | Col$19.9t | 5.2x | 5.1x | 1.3x |
| Fri, 29 Jul 2022 | Col$107.1t | Col$75.3t | Col$19.8t | 5.2x | 5.4x | 1.4x |
| Sun, 26 Jun 2022 | Col$115.1t | Col$75.3t | Col$19.8t | 5.2x | 5.8x | 1.5x |
| Tue, 24 May 2022 | Col$105.9t | Col$74.6t | Col$19.6t | 6x | 5.4x | 1.4x |
| Thu, 21 Apr 2022 | Col$111.5t | Col$67.6t | Col$15.5t | 6.4x | 7.2x | 1.6x |
| Sat, 19 Mar 2022 | Col$117.1t | Col$67.6t | Col$15.1t | 7.7x | 7.7x | 1.7x |
| Mon, 14 Feb 2022 | Col$117.6t | Col$64.0t | Col$13.1t | 7.8x | 9x | 1.8x |
| Wed, 12 Jan 2022 | Col$111.3t | Col$64.0t | Col$13.1t | 7.3x | 8.5x | 1.7x |
| Fri, 10 Dec 2021 | Col$110.7t | Col$64.1t | Col$13.1t | 7.4x | 8.4x | 1.7x |
| Sun, 07 Nov 2021 | Col$114.4t | Col$60.1t | Col$11.1t | 8.3x | 10.3x | 1.9x |
| Tue, 05 Oct 2021 | Col$113.4t | Col$58.4t | Col$10.4t | 8.1x | 10.9x | 1.9x |
| Thu, 02 Sep 2021 | Col$111.0t | Col$58.4t | Col$10.4t | 8.1x | 10.7x | 1.9x |
| Sat, 31 Jul 2021 | Col$102.7t | Col$58.4t | Col$10.4t | 7.6x | 9.9x | 1.8x |
Price to Earnings Ratio
14.6x
Current Industry PE
- Investors are optimistic on the Colombian Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 10.5x which is higher than its 3-year average PE of 7.4x.
- The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 5.9% per year over the last three years.
- Revenues for these companies have grown 5.8% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Colombian Financials industry?
| CO Market | 1.47% | |
| Financials | 1.27% | |
| Banks | 1.34% | |
| Diversified Banks | 1.36% | |
| Regional Banks | 0% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 7.3x.
- Analysts are expecting annual earnings growth of 26.7%, which is higher than its past year's earnings decline of 61.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 27% over the next 5 years.
- This is better than its past earnings decline of 62% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 27% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BCOLOMBIA Bancolombia | Col$36.40k | 4.9% +Col$1.6t | 15.4% | PB1x | |
| GRUPOAVAL Grupo Aval Acciones y Valores | Col$461.00 | 0.4% +Col$47.5b | -9.8% | PB0.7x | |
| GRUBOLIVAR Grupo Bolívar | Col$66.52k | 0.5% +Col$25.3b | 1.6% | PB0.4x |