Header cover image

Australian (ASX) Diversified Banks Industry Analysis

UpdatedMar 23, 2025
DataAggregated Company Financials
Companies7
  • 7D2.3%
  • 3M-2.9%
  • 1Y12.2%
  • YTDn/a

In the last week, the Diversified Banks industry is up 2.3%, with Commonwealth Bank of Australia up 2.3%. This means that the industry has gained 12% over the past year. As for the next few years, earnings are expected to grow by 3.0% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 23 Mar 2025AU$542.9bAU$89.6bAU$30.9b14.4x17.6x6.1x
Tue, 18 Feb 2025AU$612.4bAU$89.4bAU$30.9b16.3x19.8x6.8x
Thu, 16 Jan 2025AU$569.2bAU$88.8bAU$30.6b15.6x18.6x6.4x
Sat, 14 Dec 2024AU$582.1bAU$88.8bAU$30.6b15.8x19x6.6x
Mon, 11 Nov 2024AU$582.5bAU$88.8bAU$30.5b15.8x19.1x6.6x
Wed, 09 Oct 2024AU$540.8bAU$88.1bAU$30.7b15.8x17.6x6.1x
Fri, 06 Sep 2024AU$561.9bAU$88.1bAU$30.7b16.1x18.3x6.4x
Sun, 04 Aug 2024AU$524.8bAU$88.0bAU$30.8b15.3x17x6x
Tue, 02 Jul 2024AU$506.7bAU$88.0bAU$30.8b14.4x16.5x5.8x
Thu, 30 May 2024AU$480.5bAU$87.9bAU$30.9b13.8x15.5x5.5x
Sat, 27 Apr 2024AU$470.2bAU$77.9bAU$27.9b13.9x16.9x6x
Mon, 25 Mar 2024AU$487.5bAU$88.7bAU$32.0b12.8x15.2x5.5x
Wed, 21 Feb 2024AU$477.4bAU$88.7bAU$32.1b12.6x14.9x5.4x
Fri, 19 Jan 2024AU$445.7bAU$89.0bAU$32.5b11.1x13.7x5x
Sun, 17 Dec 2023AU$437.3bAU$88.9bAU$32.5b10.9x13.4x4.9x
Tue, 14 Nov 2023AU$411.6bAU$88.6bAU$32.6b10.4x12.6x4.6x
Thu, 12 Oct 2023AU$415.6bAU$87.1bAU$31.8b11.7x13.1x4.8x
Sat, 09 Sep 2023AU$411.2bAU$87.2bAU$31.8b11.6x12.9x4.7x
Mon, 07 Aug 2023AU$415.6bAU$87.3bAU$31.7b11.7x13.1x4.8x
Wed, 05 Jul 2023AU$407.3bAU$87.3bAU$31.7b11.2x12.8x4.7x
Fri, 02 Jun 2023AU$388.3bAU$87.3bAU$31.7b10.9x12.2x4.4x
Sun, 30 Apr 2023AU$413.3bAU$85.5bAU$30.6b12.8x13.5x4.8x
Tue, 28 Mar 2023AU$391.5bAU$85.5bAU$30.6b12.1x12.8x4.6x
Thu, 23 Feb 2023AU$420.5bAU$85.5bAU$30.6b13.3x13.8x4.9x
Sat, 21 Jan 2023AU$444.9bAU$84.2bAU$30.0b12.2x14.8x5.3x
Mon, 19 Dec 2022AU$430.6bAU$84.2bAU$30.0b11.7x14.3x5.1x
Wed, 16 Nov 2022AU$435.9bAU$84.2bAU$30.0b11.9x14.5x5.2x
Fri, 14 Oct 2022AU$422.6bAU$84.4bAU$29.0b12.6x14.6x5x
Sun, 11 Sep 2022AU$403.3bAU$84.3bAU$29.0b12x13.9x4.8x
Tue, 09 Aug 2022AU$419.0bAU$83.9bAU$29.2b12x14.4x5x
Thu, 07 Jul 2022AU$382.0bAU$83.9bAU$29.2b11.2x13.1x4.6x
Sat, 04 Jun 2022AU$437.7bAU$83.8bAU$29.1b12.5x15x5.2x
Mon, 02 May 2022AU$445.9bAU$83.1bAU$28.4b13.8x15.7x5.4x
Wed, 30 Mar 2022AU$451.7bAU$83.0bAU$28.3b14.1x15.9x5.4x
Price to Earnings Ratio

15.9x


Total Market Cap: AU$451.7bTotal Earnings: AU$28.3bTotal Revenue: AU$83.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Diversified Banks Industry Price to Earnings3Y Average 15.1x202320242025
Current Industry PE
  • Investors are optimistic on the Australian Diversified Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 17.6x which is higher than its 3-year average PE of 15.1x.
  • The 3-year average PS ratio of 5.3x is lower than the industry's current PS ratio of 6.1x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have grown 2.9% per year over the last three years.
  • Revenues for these companies have grown 2.6% 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 Australian Diversified Banks compare with similar industries?

AU Market1.82%
Financials2.14%
Banks2.28%
Diversified Banks2.27%
Regional Banks2.68%
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
CBA Commonwealth Bank of AustraliaAU$145.602.3%
+AU$5.4b
23.9%PB3.2x
WBC Westpac BankingAU$30.743.8%
+AU$3.9b
16.1%PB1.5x
ANZ ANZ Group HoldingsAU$29.303.6%
+AU$3.0b
0.9%PB1.2x
BFL BSP Financial GroupAU$7.706.5%
+AU$219.6m
36.3%PB2x
KSL Kina SecuritiesAU$1.100.5%
+AU$1.4m
24.4%PB1.2x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

WBC

AU$30.74

Westpac Banking

7D

3.8%

1Y

16.1%

NAB

AU$33.18

National Australia Bank

7D

-0.4%

1Y

-4.5%

BFL

AU$7.70

BSP Financial Group

7D

6.5%

1Y

36.3%

KSL

AU$1.10

Kina Securities

7D

0.5%

1Y

24.4%

ANZ

AU$29.30

ANZ Group Holdings

7D

3.6%

1Y

0.9%