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Argentinian (MERVAL) Banks Industry Analysis

UpdatedDec 03, 2022
DataAggregated Company Financials
Companies6
  • 7D3.0%
  • 3M11.1%
  • 1Y37.7%
  • YTD42.6%

All of the companies in the Banks industry have been up over the last week, with the industry up 5.2%. In the last 12 months, the industry was up 35%. As for the next few years, earnings are expected to grow by 28% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 03 Dec 2022AR$1.0tAR$1.1tAR$89.7b7.6x11.6x1x
Mon, 31 Oct 2022AR$969.0bAR$898.3bAR$86.0b8.1x11.3x1.1x
Wed, 28 Sep 2022AR$945.4bAR$908.7bAR$87.0b7.5x10.9x1x
Fri, 26 Aug 2022AR$990.1bAR$893.8bAR$94.4b9.6x10.5x1.1x
Sun, 24 Jul 2022AR$772.9bAR$834.0bAR$89.2b7.8x8.7x0.9x
Tue, 21 Jun 2022AR$666.9bAR$832.9bAR$89.3b6.9x7.5x0.8x
Thu, 19 May 2022AR$893.6bAR$993.7bAR$93.9b8.1x9.5x0.9x
Sat, 16 Apr 2022AR$851.9bAR$994.9bAR$94.8b7.7x9x0.9x
Mon, 14 Mar 2022AR$861.1bAR$890.0bAR$85.2b8.8x10.1x1x
Wed, 09 Feb 2022AR$888.4bAR$602.4bAR$50.7b17.3x17.5x1.5x
Fri, 07 Jan 2022AR$843.0bAR$602.4bAR$50.7b16.5x16.6x1.4x
Sun, 05 Dec 2021AR$890.6bAR$655.9bAR$59.0b12.2x15.1x1.4x
Tue, 02 Nov 2021AR$935.4bAR$603.0bAR$60.7b13.9x15.4x1.6x
Thu, 30 Sep 2021AR$878.3bAR$603.0bAR$60.7b13.4x14.5x1.5x
Sat, 28 Aug 2021AR$822.0bAR$618.9bAR$63.7b11.8x12.9x1.3x
Sun, 04 Jul 2021AR$679.4bAR$618.9bAR$63.7b10.6x10.7x1.1x
Wed, 07 Apr 2021AR$530.6bAR$612.0bAR$74.9b7.3x7.1x0.9x
Sat, 09 Jan 2021AR$605.4bAR$620.4bAR$96.2b7.3x6.3x1x
Fri, 02 Oct 2020AR$528.2bAR$754.9bAR$96.8b6.6x5.5x0.7x
Mon, 06 Jul 2020AR$514.8bAR$767.9bAR$94.4b5.9x5.5x0.7x
Thu, 09 Apr 2020AR$318.1bAR$748.4bAR$100.4b2.7x3.2x0.4x
Wed, 01 Jan 2020AR$582.4bAR$703.7bAR$97.2b5.6x6x0.8x
Price to Earnings Ratio

6.7x


Total Market Cap: AR$440.8bTotal Earnings: AR$65.7bTotal Revenue: AR$636.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Argentinian Banks Industry Price to Earnings3Y Average 9x202020212022
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 11.6x which is higher than its 3-year average PE of 9.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.98x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 11% per year over the last three years.
  • Revenues for these companies have grown 19% 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 Market4.40%
Financials4.15%
Banks3.00%
Diversified Banks3.00%
Regional Banks0%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 9.0x.
    • Analysts are expecting annual earnings growth of 28.2%, which is higher than its past year's earnings decline of 4.6% 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 9.0x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings decline of 4.6% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 28% 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
GGAL Grupo Financiero GaliciaAR$263.103.9%
+AR$14.6b
28.4%PB0.8x
BBAR Banco BBVA ArgentinaAR$352.002.6%
+AR$5.5b
51.8%PB0.7x
BMA Banco MacroAR$461.801.9%
+AR$5.4b
46.9%PB0.7x
SUPV Grupo SupervielleAR$120.003.8%
+AR$2.0b
31.1%PB0.7x
BPAT Banco PatagoniaAR$99.902.3%
+AR$1.6b
24.1%PB0.7x
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Latest News

BMA

AR$461.80

Banco Macro

7D

1.9%

1Y

46.9%

BBAR

AR$352.00

Banco BBVA Argentina

7D

2.6%

1Y

51.8%

BHIP

AR$12.85

Banco Hipotecario

7D

7.5%

1Y

40.0%

SUPV

AR$120.00

Grupo Supervielle

7D

3.8%

1Y

31.1%

BPAT

AR$99.90

Banco Patagonia

7D

2.3%

1Y

24.1%