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Argentinian (MERVAL) Banks Industry Analysis

UpdatedDec 07, 2021
DataAggregated Company Financials
  • 7D10.1%
  • 3M-0.6%
  • 1Y41.9%
  • YTD51.9%

Over the last 7 days, the Banks industry has risen 6.2%, driven by gains from every company within the industry. This takes the industry's 12 month performance to a gain of 39%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Tue, 07 Dec 2021AR$905.9bAR$655.9bAR$59.0b12.4x
Thu, 04 Nov 2021AR$995.7bAR$603.0bAR$60.7b14.2x
Sat, 02 Oct 2021AR$887.0bAR$603.0bAR$60.7b13.6x
Mon, 30 Aug 2021AR$875.7bAR$618.9bAR$63.7b12.2x
Tue, 06 Jul 2021AR$679.4bAR$618.9bAR$63.7b10.6x
Fri, 09 Apr 2021AR$530.6bAR$612.0bAR$74.9b7.3x
Thu, 31 Dec 2020AR$605.4bAR$620.4bAR$96.2b7.3x
Sun, 04 Oct 2020AR$528.2bAR$754.9bAR$96.8b6.6x
Wed, 08 Jul 2020AR$514.8bAR$767.9bAR$94.4b5.9x
Tue, 31 Mar 2020AR$318.1bAR$748.4bAR$100.4b2.7x
Fri, 03 Jan 2020AR$582.4bAR$703.7bAR$97.2b5.6x
Mon, 07 Oct 2019AR$395.1bAR$636.3bAR$65.7b4.2x
Sun, 30 Jun 2019AR$681.0bAR$556.2bAR$62.8b11.3x
Wed, 03 Apr 2019AR$518.4bAR$437.6bAR$36.5b27x
Sat, 05 Jan 2019AR$484.0bAR$342.2bAR$19.5b7.1x
PE Ratio


Total Market Cap: AR$484.0bTotal Earnings: AR$19.5bTotal Revenue: AR$342.2b0%0%0%3 Year10 Year

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 9.1x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Banks industry have grown 48% per year over the last three years, and revenues for these companies have grown 24% 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 Banks industry?

Diversified Banks10.12%

Industry PE: Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 9.1x. This is likely because analysts are expecting annual earnings growth of 36%, which is higher than its past year's earnings decline of 47% per year.

Forecasted Growth: Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 36% over the next 5 years. This is better than its past earnings decline of 47% per year.

Top Stock Gainers and Losers

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

GGAL Grupo Financiero Galicia11.5%+AR$31.9b60.5%PB1.2x
BMA Banco Macro10.4%+AR$19.3b31.3%PB1x
BBAR Banco BBVA Argentina14.5%+AR$18.3b39.9%PB1x
SUPV Grupo Supervielle15.2%+AR$5.6b55.8%PB0.9x
BPAT Banco Patagonia7.9%+AR$4.3b13.5%PB1x
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