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Austrian (ATX) Financials Sector Analysis

UpdatedFeb 19, 2026
DataAggregated Company Financials
Companies13
  • 7D-0.2%
  • 3M21.6%
  • 1Y58.4%
  • YTD4.5%

Over the last 7 days, the Financials industry has dropped 1.7%, driven by BAWAG Group declining 3.5%. Meanwhile, UNIQA Insurance Group actually outperformed within the industry, gaining 6.4% in the last week. In the past year, the industry has gained 52%. As for the next few years, earnings are expected to grow by 12% per annum.

Sector Valuation and Performance

Has the Austrian Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 19 Feb 2026€89.3b€44.2b€7.1b12.1x12.6x2x
Sat, 17 Jan 2026€86.3b€44.2b€6.4b12.7x13.6x2x
Mon, 15 Dec 2025€79.9b€44.2b€6.4b11.3x12.6x1.8x
Wed, 12 Nov 2025€74.3b€44.0b€6.3b10.8x11.7x1.7x
Fri, 10 Oct 2025€70.4b€43.6b€6.2b10.8x11.4x1.6x
Sun, 07 Sep 2025€67.8b€43.6b€6.2b10.4x10.9x1.6x
Tue, 05 Aug 2025€67.1b€43.0b€6.2b10.8x10.8x1.6x
Thu, 03 Jul 2025€62.4b€42.8b€7.3b9.4x8.6x1.5x
Sat, 31 May 2025€62.7b€42.8b€7.3b9.3x8.6x1.5x
Mon, 28 Apr 2025€56.2b€42.2b€7.2b8.3x7.8x1.3x
Wed, 26 Mar 2025€60.8b€41.8b€7.3b8.4x8.3x1.5x
Fri, 21 Feb 2025€57.4b€41.2b€7.3b8.3x7.9x1.4x
Sun, 19 Jan 2025€53.1b€41.3b€7.7b7.8x6.9x1.3x
Tue, 17 Dec 2024€50.8b€41.3b€7.7b7.5x6.6x1.2x
Thu, 14 Nov 2024€46.5b€41.1b€7.7b6.8x6x1.1x
Sat, 12 Oct 2024€45.9b€41.1b€7.8b6.7x5.9x1.1x
Mon, 09 Sep 2024€44.7b€41.1b€7.8b6.5x5.7x1.1x
Wed, 07 Aug 2024€42.1b€40.2b€7.7b7.1x5.5x1x
Fri, 05 Jul 2024€43.7b€40.1b€7.7b7.5x5.7x1.1x
Sun, 02 Jun 2024€42.6b€40.1b€7.7b7.4x5.5x1.1x
Tue, 30 Apr 2024€42.2b€40.0b€7.5b7.4x5.6x1.1x
Thu, 28 Mar 2024€41.1b€44.2b€7.9b6.4x5.2x0.9x
Sat, 24 Feb 2024€39.8b€44.4b€7.7b6x5.2x0.9x
Mon, 22 Jan 2024€39.4b€45.6b€8.1b5.8x4.9x0.9x
Wed, 20 Dec 2023€36.8b€45.6b€8.1b5.6x4.6x0.8x
Fri, 17 Nov 2023€36.3b€45.3b€8.0b6.2x4.6x0.8x
Sun, 15 Oct 2023€34.3b€44.5b€7.6b6.3x4.5x0.8x
Tue, 12 Sep 2023€33.6b€44.5b€7.6b6.2x4.4x0.8x
Thu, 10 Aug 2023€34.1b€40.8b€7.2b6.8x4.7x0.8x
Sat, 08 Jul 2023€33.1b€40.1b€7.2b6.7x4.6x0.8x
Mon, 05 Jun 2023€33.2b€40.1b€7.3b6.8x4.6x0.8x
Wed, 03 May 2023€33.7b€38.8b€6.7b9.7x5x0.9x
Fri, 31 Mar 2023€32.9b€37.9b€6.7b9.7x4.9x0.9x
Sun, 26 Feb 2023€35.8b€38.0b€6.5b9.7x5.5x0.9x
Price to Earnings Ratio

5.5x


Total Market Cap: €35.8bTotal Earnings: €6.5bTotal Revenue: €38.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Austrian Financials Sector Price to Earnings3Y Average 7x202420252026
Current Industry PE
  • Investors are optimistic on the Austrian Financials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 12.4x which is higher than its 3-year average PE of 7.0x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 2.9% per year over the last three years.
  • Revenues for these companies have grown 5.2% 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 Austrian Financials sector?

AT Market0.27%
Financials-0.22%
Insurance2.93%
Capital Markets1.68%
Diversified Financial0%0
Banks-0.76%
Industry PE
  • Investors are most optimistic about the Banks industry which is trading above its 3-year average PE ratio of 6.9x.
    • Analysts are expecting annual earnings growth of 11.6%, which is higher than its past year's earnings decline of 11.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Insurance industry, expecting annual earnings growth of 12% over the next 5 years.
  • However this is lower than its past earnings growth rate of 28% per year.
  • In contrast, the Banks industry is expected to see its earnings grow by 12% 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
UQA UNIQA Insurance Group€16.566.4%
+€307.0m		93.9%PE11.9x
VIG Vienna Insurance Group€65.500.9%
+€76.8m		87.7%PE12.5x
BTS BTV Vier Länder Bank€69.000.7%
+€18.6m		19.0%PB1x
BKS BKS Bank€20.202.0%
+€18.3m		31.2%PB0.5x
OBS Oberbank€78.000.3%
+€14.1m		11.4%PB1.3x

Latest News

MER
€0.86
Meridiana Capital Markets
7D
-4.4%
1Y
-26.5%
ICG
€1.60
Incergo
7D
-5.9%
1Y
n/a
BG
€135.00
BAWAG Group
7D
-3.5%
1Y
46.2%

BG: Higher P/E Assumptions And Margins Will Support Future Upside

Analysts have raised their consolidated price target for BAWAG Group to €161 from €153.20, citing updated assumptions on discount rates, revenue growth, profit margins and future P/E multiples that are consistent with recent target increases from several major banks. Analyst Commentary Recent research updates cluster around higher price targets for BAWAG Group, with several bullish analysts pointing to improved assumptions on discount rates, revenue, margins and future P/E multiples.
ADKO
€26.10
Addiko Bank
7D
-1.5%
1Y
41.1%

ADKO: Higher Discount Rate And Richer P/E Will Constrain Future Upside

Analysts have trimmed their price target on Addiko Bank to €22.60, reflecting a slightly higher discount rate and modestly adjusted forward P/E assumptions, while keeping fair value estimates unchanged. Valuation Changes Fair Value: unchanged at €22.60 per share, indicating no adjustment to the central valuation output.
VIG
€65.50
Vienna Insurance Group
7D
0.9%
1Y
87.7%

VIG: Higher Discount Rate And P/E Assumptions Will Likely Sustain Overpricing

Analysts now place Vienna Insurance Group's fair value at €59.10, up from €56.38. They cite updated assumptions around discount rates, long term revenue growth, profit margins, and future P/E levels.
RBI
€42.78
Raiffeisen Bank International
7D
-1.7%
1Y
77.4%

RBI: Higher Earnings Multiple Expectations Will Shape Balanced Upside And Execution Risk

Analysts have raised their price target on Raiffeisen Bank International to about €40.46 from €35.03, reflecting updated assumptions on the discount rate, revenue trajectory, profit margins and future P/E multiples, supported by recent target increases from multiple research houses. Analyst Commentary Recent research updates point to a cluster of higher price targets for Raiffeisen Bank International, with some bullish analysts now working with figures around €41.50 compared with earlier levels closer to €37.10.
UQA
€16.56
UNIQA Insurance Group
7D
6.4%
1Y
93.9%

UQA: Future Margin And P/E Assumptions Will Support Fair Value Profile

Analysts have nudged their price target for UNIQA Insurance Group higher to €15.94 from €15.28, citing updated assumptions around fair value, discount rate, profit margin and future P/E as the key drivers. Valuation Changes Fair Value: revised from €15.28 to €15.94, indicating a modest uplift in the estimated share value.
WPB
€11.00
Wiener Privatbank
7D
2.8%
1Y
44.7%
BKS
€20.20
BKS Bank
7D
2.0%
1Y
31.2%
OBS
€78.00
Oberbank
7D
0.3%
1Y
11.4%
BTS
€69.00
BTV Vier Länder Bank
7D
0.7%
1Y
19.0%