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Argentinian (MERVAL) Diversified Banks Industry Analysis

UpdatedApr 22, 2024
DataAggregated Company Financials
Companies7
  • 7D-1.2%
  • 3M27.9%
  • 1Y444.2%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has dropped 5.2%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 439%. Looking forward, earnings are forecast to grow by 34% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Sat, 13 Nov 2021AR$1.0tAR$603.0bAR$60.7b14.4x16.9x1.7x
Mon, 11 Oct 2021AR$881.3bAR$603.0bAR$60.7b13.4x14.5x1.5x
Wed, 08 Sep 2021AR$895.9bAR$603.0bAR$60.7b13.3x14.8x1.5x
Fri, 06 Aug 2021AR$673.8bAR$618.9bAR$63.7b10.7x10.6x1.1x
Mon, 10 May 2021AR$552.7bAR$612.0bAR$74.9b7.4x7.4x0.9x
Price to Earnings Ratio

7.4x


Total Market Cap: AR$552.7bTotal Earnings: AR$74.9bTotal Revenue: AR$612.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Argentinian Diversified Banks Industry Price to Earnings3Y Average 13.6x202220232024
Current Industry PE
  • Investors are pessimistic on the Argentinean Diversified Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 8.9x which is lower than its 3-year average PE of 13.6x.
  • The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have grown 159% per year over the last three years.
  • Revenues for these companies have grown 154% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Argentinian Diversified Banks compare with similar industries?

AR Market-4.45%
Financials-1.77%
Banks-1.19%
Diversified Banks-1.19%
Regional Banks0%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
BMA Banco MacroAR$5.30k4.8%
+AR$156.5b		534.1%PB1.7x
GGAL Grupo Financiero GaliciaAR$3.03k2.0%
+AR$89.6b		461.8%PB2.2x
BBAR Banco BBVA ArgentinaAR$3.04k4.0%
+AR$71.0b		343.9%PB1.3x
BHIP Banco HipotecarioAR$315.506.8%
+AR$30.7b		1,149.5%PB2.3x
SUPV Grupo SupervielleAR$1.17k1.8%
+AR$9.0b		448.3%PB1.5x
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Latest News

BMA

AR$5,303.65

Banco Macro

7D

4.8%

1Y

534.1%

BBAR

AR$3,038.20

Banco BBVA Argentina

7D

4.0%

1Y

343.9%

GGAL

AR$3,032.75

Grupo Financiero Galicia

7D

2.0%

1Y

461.8%

BHIP

AR$315.50

Banco Hipotecario

7D

6.8%

1Y

1,149.5%

BPAT

AR$1,268.50

Banco Patagonia

7D

0.5%

1Y

687.9%

SUPV

AR$1,170.55

Grupo Supervielle

7D

1.8%

1Y

448.3%