French (CAC) Banks Industry Analysis
UpdatedMay 14, 2024
DataAggregated Company Financials
Companies17
- 7D5.1%
- 3M28.3%
- 1Y23.9%
- YTD13.8%
The Banks industry is up 5.1% in the last week, with BNP Paribas up 5.0%. This takes the industry's 12 month performance to a gain of 24%. Earnings are forecast to grow by 7.4% annually.
Industry Valuation and Performance
Has the French Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 14 May 2024 | €159.3b | €97.3b | €18.1b | 6.8x | 8.8x | 1.6x |
| Thu, 11 Apr 2024 | €147.3b | €96.4b | €16.5b | 5.8x | 8.9x | 1.5x |
| Sat, 09 Mar 2024 | €133.5b | €96.0b | €17.2b | 5.5x | 7.7x | 1.4x |
| Mon, 05 Feb 2024 | €132.2b | €108.5b | €21.3b | 5.9x | 6.2x | 1.2x |
| Wed, 03 Jan 2024 | €141.3b | €110.7b | €20.5b | 5.6x | 6.9x | 1.3x |
| Fri, 01 Dec 2023 | €130.8b | €111.1b | €22.0b | 5.7x | 5.9x | 1.2x |
| Sun, 29 Oct 2023 | €123.6b | €109.7b | €22.4b | 5.4x | 5.5x | 1.1x |
| Tue, 26 Sep 2023 | €134.4b | €109.7b | €22.5b | 5.6x | 6x | 1.2x |
| Thu, 24 Aug 2023 | €134.8b | €110.7b | €23.2b | 5.4x | 5.8x | 1.2x |
| Sat, 22 Jul 2023 | €131.7b | €97.0b | €17.7b | 5x | 7.5x | 1.4x |
| Mon, 19 Jun 2023 | €129.7b | €96.9b | €17.7b | 5.2x | 7.3x | 1.3x |
| Wed, 17 May 2023 | €133.6b | €96.9b | €17.7b | 4.7x | 7.6x | 1.4x |
| Fri, 14 Apr 2023 | €129.9b | €96.1b | €17.2b | 4.6x | 7.5x | 1.4x |
| Sun, 12 Mar 2023 | €137.6b | €96.0b | €17.3b | 4.7x | 7.9x | 1.4x |
| Tue, 07 Feb 2023 | €141.7b | €98.1b | €18.0b | 4.7x | 7.9x | 1.4x |
| Thu, 05 Jan 2023 | €134.9b | €98.1b | €18.0b | 4.4x | 7.5x | 1.4x |
| Sat, 03 Dec 2022 | €123.4b | €101.4b | €17.6b | 4.1x | 7x | 1.2x |
| Mon, 31 Oct 2022 | €114.8b | €95.5b | €18.1b | 4.1x | 6.3x | 1.2x |
| Wed, 28 Sep 2022 | €109.6b | €95.4b | €18.0b | 4.5x | 6.1x | 1.1x |
| Fri, 26 Aug 2022 | €113.5b | €95.2b | €17.8b | 5.4x | 6.4x | 1.2x |
| Sun, 24 Jul 2022 | €106.1b | €96.6b | €20.4b | 5x | 5.2x | 1.1x |
| Tue, 21 Jun 2022 | €116.5b | €96.6b | €20.4b | 5.2x | 5.7x | 1.2x |
| Thu, 19 May 2022 | €127.4b | €96.4b | €20.4b | 5.4x | 6.2x | 1.3x |
| Sat, 16 Apr 2022 | €120.7b | €94.5b | €20.6b | 5.5x | 5.9x | 1.3x |
| Mon, 14 Mar 2022 | €119.1b | €94.4b | €20.5b | 5.4x | 5.8x | 1.3x |
| Wed, 09 Feb 2022 | €163.5b | €93.6b | €18.0b | 7.2x | 9.1x | 1.7x |
| Fri, 07 Jan 2022 | €158.5b | €93.6b | €18.0b | 7.5x | 8.8x | 1.7x |
| Sun, 05 Dec 2021 | €141.6b | €93.6b | €18.0b | 6.9x | 7.9x | 1.5x |
| Tue, 02 Nov 2021 | €150.8b | €91.5b | €17.0b | 7.2x | 8.9x | 1.6x |
| Thu, 30 Sep 2021 | €138.1b | €90.3b | €16.3b | 6.8x | 8.4x | 1.5x |
| Sat, 28 Aug 2021 | €137.7b | €89.9b | €16.1b | 8.1x | 8.6x | 1.5x |
| Sun, 04 Jul 2021 | €135.4b | €89.9b | €16.1b | 8.6x | 8.4x | 1.5x |
Price to Earnings Ratio
12.3x
Current Industry PE
- Investors are optimistic on the French Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 8.8x which is higher than its 3-year average PE of 7.3x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 17% per year over the last three years.
- Revenues for these companies have grown 4.5% 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 French Financials industry?
| FR Market | 2.10% | |
| Financials | 4.36% | |
| Banks | 5.06% | |
| Diversified Banks | 5.20% | |
| Regional Banks | 2.84% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 7.5x.
- Analysts are expecting annual earnings growth of 7.4%, which is lower than the prior year's growth of 11.2% per year.
- Investors are most pessimistic about the Regional Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 5.7x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 7.4% over the next 5 years.
- However this is lower than its past earnings growth rate of 11% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 7.4% 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 | |
|---|---|---|---|---|---|
| BNP BNP Paribas | €71.63 | 5.0% +€3.8b | 22.2% | PB0.6x | |
| ACA Crédit Agricole | €15.62 | 4.1% +€1.9b | 33.8% | PB0.7x | |
| GLE Société Générale Société anonyme | €26.26 | 8.5% +€1.6b | 17.9% | PB0.3x | |
| CAF Caisse Régionale de Crédit Agricole Mutuel de Paris et d'Ile-de-France | €69.33 | 7.8% +€140.1m | 4.3% | PB0.2x | |
| MLCFM CFM Indosuez Wealth Management | €1.20k | 7.1% +€45.8m | 33.3% | PB1.8x |