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Argentinian (MERVAL) Banks Industry Analysis

UpdatedJun 24, 2026
DataAggregated Company Financials
Companies7
  • 7D0.8%
  • 3M30.0%
  • 1Y41.1%
  • YTD2.0%

The Banks industry has stayed flat over the last week. As for the the longer term, the industry is up 41% over the past 12 months. Looking forward, earnings are forecast to grow by 39% annually.

Industry Valuation and Performance

Has the Argentinian Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Jun 2026AR$33.1tAR$15.1tAR$589.1b25x56.2x2.2x
Sat, 23 May 2026AR$26.0tAR$16.2tAR$687.2b19.1x37.8x1.6x
Mon, 20 Apr 2026AR$27.5tAR$16.2tAR$841.9b20.8x32.6x1.7x
Wed, 18 Mar 2026AR$23.1tAR$16.2tAR$841.9b18.5x27.5x1.4x
Fri, 13 Feb 2026AR$31.0tAR$11.6tAR$1.3t25.7x24.7x2.7x
Sun, 11 Jan 2026AR$33.6tAR$11.7tAR$1.3t30.1x26.8x2.9x
Tue, 09 Dec 2025AR$30.7tAR$12.2tAR$1.3t24.8x23.3x2.5x
Thu, 06 Nov 2025AR$33.1tAR$13.2tAR$2.0t17.8x16.6x2.5x
Sat, 04 Oct 2025AR$16.0tAR$13.2tAR$2.0t9.2x8x1.2x
Mon, 01 Sep 2025AR$19.9tAR$13.9tAR$2.1t12.1x9.3x1.4x
Wed, 30 Jul 2025AR$24.2tAR$14.0tAR$2.0t12.7x12x1.7x
Fri, 27 Jun 2025AR$23.2tAR$14.0tAR$2.0t11x11.5x1.6x
Sun, 25 May 2025AR$28.3tAR$17.7tAR$2.8t12.8x10.2x1.6x
Tue, 22 Apr 2025AR$26.9tAR$18.5tAR$2.7t11.9x9.8x1.5x
Thu, 20 Mar 2025AR$26.6tAR$18.6tAR$2.7t12.5x9.7x1.4x
Sat, 15 Feb 2025AR$27.5tAR$11.7tAR$1.8t14.1x15.2x2.4x
Mon, 13 Jan 2025AR$32.8tAR$11.1tAR$1.8t16.7x17.8x3x
Wed, 11 Dec 2024AR$23.1tAR$11.1tAR$1.8t13.7x12.5x2.1x
Fri, 08 Nov 2024AR$22.6tAR$14.0tAR$1.8t13.1x12.8x1.6x
Sun, 06 Oct 2024AR$19.4tAR$14.0tAR$1.8t11.8x10.9x1.4x
Tue, 03 Sep 2024AR$18.5tAR$14.5tAR$1.8t11.6x10x1.3x
Thu, 01 Aug 2024AR$15.3tAR$12.6tAR$1.8t10.5x8.7x1.2x
Sat, 29 Jun 2024AR$17.6tAR$12.6tAR$1.8t11.7x10x1.4x
Mon, 27 May 2024AR$16.4tAR$11.4tAR$1.6t16.7x10.5x1.4x
Wed, 24 Apr 2024AR$12.6tAR$10.0tAR$1.3t11.1x9.7x1.3x
Fri, 22 Mar 2024AR$11.2tAR$9.4tAR$1.3t11.3x8.9x1.2x
Sun, 18 Feb 2024AR$8.5tAR$3.2tAR$365.1b22x23.3x2.7x
Tue, 16 Jan 2024AR$6.9tAR$3.1tAR$349.8b19.4x19.6x2.2x
Thu, 14 Dec 2023AR$6.3tAR$3.5tAR$354.9b17.2x17.8x1.8x
Sat, 11 Nov 2023AR$3.7tAR$2.5tAR$282.8b13.3x13.1x1.5x
Mon, 09 Oct 2023AR$3.8tAR$2.5tAR$282.8b12.7x13.6x1.5x
Wed, 06 Sep 2023AR$4.4tAR$2.6tAR$283.1b14.5x15.5x1.7x
Fri, 04 Aug 2023AR$3.2tAR$2.1tAR$186.5b10.3x17.2x1.5x
Sun, 02 Jul 2023AR$3.2tAR$2.1tAR$186.5b10.4x17.4x1.5x
Price to Earnings Ratio

17.4x


Total Market Cap: AR$3.2tTotal Earnings: AR$186.5bTotal Revenue: AR$2.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Argentinian Banks Industry Price to Earnings3Y Average 16.4x202420252026
Current Industry PE
  • Investors are optimistic on the Argentinean Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 56.2x which is higher than its 3-year average PE of 16.4x.
  • The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 47% per year over the last three years.
  • Revenues for these companies have grown 92% 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 Argentinian Financials industry?

AR Market-1.06%
Financials1.09%
Banks0.77%
Diversified Banks0.77%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 16.4x.
    • Analysts are expecting annual earnings growth of 39.0%, which is higher than its past year's earnings decline of 56.5% per year.
  • Investors are most pessimistic about the Diversified Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 16.4x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 39% over the next 5 years.
  • This is better than its past earnings decline of 57% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 39% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
No data available

Latest News

SUPV
AR$2,932.50
Grupo Supervielle
7D
-12.6%
1Y
10.5%
Narrative Update • Jun 24

SUPV: Bylaw Revisions And Slightly Lower P/E Will Shape Future Returns

Analysts have adjusted their view on Grupo Supervielle, trimming the ARS fair value estimate by ARS 50 to ARS 3,417.50 as they factor in updated assumptions around discount rates, revenue growth, profit margins, and future P/E multiples following recent research commentary. What's in the News Grupo Supervielle shareholders at the Ordinary and Extraordinary Shareholders' Meeting on April 23, 2026, approved an amendment to Article Five of the company's bylaws and a new restated version of the bylaws, delegating issuance of the updated text to the Board of Directors.
BMA
AR$13,980.00
Banco Macro
7D
-5.5%
1Y
63.3%
BHIP
AR$356.50
Banco Hipotecario
7D
-5.7%
1Y
5.2%
BPAT
AR$2,175.00
Banco Patagonia
7D
-2.7%
1Y
3.8%
BBAR
AR$9,825.00
Banco BBVA Argentina
7D
-7.0%
1Y
44.9%
Narrative Update • Jun 17

BBAR: Upcoming Dividend Decision And Bylaw Changes Will Support Virtuous Credit Cycle

Analysts have nudged their fair value estimate for Banco BBVA Argentina slightly higher to ARS 16,259.81 from ARS 16,252.79, citing updated assumptions on the discount rate, revenue growth, profit margins, and future P/E. What’s in the News for Banco BBVA Argentina A board meeting is scheduled for May 15, 2026 to consider a potential dividend payment, according to company disclosures.
GGAL
AR$7,625.00
Grupo Financiero Galicia
7D
-8.8%
1Y
22.6%