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Argentinian (MERVAL) Banks Industry Analysis

UpdatedDec 09, 2024
DataAggregated Company Financials
Companies7
  • 7D0.7%
  • 3M19.9%
  • 1Y270.3%
  • YTD255.1%

The Banks industry has been flat over the last week, but Banco Macro has lost 5.0%. The past year has been better, since the industry has gained 270% in that time. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 09 Dec 2024AR$22.9tAR$11.1tAR$1.8t14x12.5x2.1x
Wed, 06 Nov 2024AR$21.4tAR$14.0tAR$1.8t11.9x12.1x1.5x
Fri, 04 Oct 2024AR$18.7tAR$14.0tAR$1.8t11.9x10.6x1.3x
Sun, 01 Sep 2024AR$18.5tAR$14.5tAR$1.8t11.5x10x1.3x
Tue, 30 Jul 2024AR$15.2tAR$12.6tAR$1.8t10.1x8.7x1.2x
Thu, 27 Jun 2024AR$17.2tAR$12.6tAR$1.8t11.8x9.8x1.4x
Sat, 25 May 2024AR$16.2tAR$11.4tAR$1.6t16.7x10.4x1.4x
Mon, 22 Apr 2024AR$11.9tAR$10.0tAR$1.3t10.7x9.2x1.2x
Wed, 20 Mar 2024AR$10.6tAR$9.4tAR$1.3t10.6x8.4x1.1x
Fri, 16 Feb 2024AR$8.7tAR$3.2tAR$365.1b22.4x24x2.8x
Sun, 14 Jan 2024AR$6.9tAR$3.1tAR$349.8b20x19.7x2.2x
Tue, 12 Dec 2023AR$6.7tAR$3.7tAR$375.6b16.5x17.7x1.8x
Thu, 09 Nov 2023AR$3.7tAR$2.5tAR$282.8b12.1x13.2x1.5x
Sat, 07 Oct 2023AR$3.8tAR$2.5tAR$282.8b12.7x13.6x1.5x
Mon, 04 Sep 2023AR$4.7tAR$2.6tAR$283.1b15.6x16.6x1.8x
Wed, 02 Aug 2023AR$3.3tAR$2.1tAR$186.5b10.5x17.7x1.6x
Fri, 30 Jun 2023AR$3.1tAR$2.1tAR$186.5b10.4x16.7x1.5x
Sun, 28 May 2023AR$2.1tAR$2.1tAR$176.2b7.6x11.8x1x
Tue, 25 Apr 2023AR$2.0tAR$2.0tAR$173.5b7.1x11.5x1x
Thu, 23 Mar 2023AR$1.6tAR$1.9tAR$161.6b10.3x9.9x0.8x
Sat, 18 Feb 2023AR$1.8tAR$1.0tAR$80.7b17.4x22.2x1.7x
Mon, 16 Jan 2023AR$1.7tAR$1.1tAR$86.9b16.3x19.8x1.6x
Wed, 14 Dec 2022AR$1.0tAR$1.1tAR$86.9b10.3x11.7x0.9x
Fri, 11 Nov 2022AR$920.3bAR$898.3bAR$86.0b7.6x10.7x1x
Sun, 09 Oct 2022AR$1.0tAR$898.3bAR$86.0b8.2x11.6x1.1x
Tue, 06 Sep 2022AR$956.6bAR$905.0bAR$85.3b9.3x11.2x1.1x
Thu, 04 Aug 2022AR$861.9bAR$834.0bAR$89.2b8.9x9.7x1x
Sat, 02 Jul 2022AR$679.7bAR$834.0bAR$89.2b7x7.6x0.8x
Mon, 30 May 2022AR$903.7bAR$1.0tAR$95.4b8.2x9.5x0.9x
Wed, 27 Apr 2022AR$848.2bAR$994.9bAR$94.8b7.5x8.9x0.9x
Fri, 25 Mar 2022AR$907.9bAR$890.0bAR$85.2b9.2x10.7x1x
Sun, 20 Feb 2022AR$893.4bAR$602.4bAR$50.7b17.1x17.6x1.5x
Tue, 18 Jan 2022AR$865.7bAR$602.4bAR$50.7b16.6x17.1x1.4x
Thu, 16 Dec 2021AR$845.2bAR$602.4bAR$50.7b16.2x16.7x1.4x
Price to Earnings Ratio

16.7x


Total Market Cap: AR$845.2bTotal Earnings: AR$50.7bTotal Revenue: AR$602.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Argentinian Banks Industry Price to Earnings3Y Average 13.3x202220232024
Current Industry PE
  • Investors are relatively neutral on the Argentinean Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 13.3x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 231% per year over the last three years.
  • Revenues for these companies have grown 164% 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-1.83%
Financials0.60%
Banks0.69%
Diversified Banks0.69%
Regional Banks0%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 13.3x.
    • Analysts are expecting annual earnings growth of 15.4%, which is lower than the prior year's growth of 32.6% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 13.3x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 15% over the next 5 years.
  • However this is lower than its past earnings growth rate of 33% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 15% 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
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BMA

AR$9,190.00

Banco Macro

7D

-5.0%

1Y

231.4%

BHIP

AR$471.00

Banco Hipotecario

7D

-7.1%

1Y

505.4%

SUPV

AR$2,660.00

Grupo Supervielle

7D

-2.9%

1Y

238.9%

BPAT

AR$2,465.00

Banco Patagonia

7D

-5.2%

1Y

380.0%

GGAL

AR$6,320.00

Grupo Financiero Galicia

7D

-3.8%

1Y

259.8%

BBAR

AR$6,090.00

Banco BBVA Argentina

7D

-5.1%

1Y

224.7%