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Australian (ASX) Regional Banks Industry Analysis

UpdatedJun 07, 2023
DataAggregated Company Financials
Companies12
  • 7D-4.1%
  • 3M-14.7%
  • 1Y-23.2%
  • YTD-15.0%

Over the last 7 days, the Regional Banks industry has dropped 4.1%, driven by pullbacks from every company within the industry. Overall the industry is down 23% in 12 months. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 07 Jun 2023AU$9.0bAU$3.7bAU$685.0m2.6x13.2x2.4x
Fri, 05 May 2023AU$9.2bAU$3.7bAU$685.0m2.5x13.4x2.5x
Sun, 02 Apr 2023AU$9.9bAU$3.7bAU$892.7m7.3x11x2.7x
Tue, 28 Feb 2023AU$10.2bAU$3.4bAU$826.9m9.8x12.3x3x
Thu, 26 Jan 2023AU$10.3bAU$3.4bAU$899.6m9.7x11.4x3x
Sat, 24 Dec 2022AU$10.1bAU$3.4bAU$899.6m9.7x11.2x3x
Mon, 21 Nov 2022AU$9.8bAU$3.4bAU$899.4m11.1x10.9x2.9x
Wed, 19 Oct 2022AU$10.0bAU$3.4bAU$899.4m11.1x11.1x3x
Fri, 16 Sep 2022AU$9.3bAU$3.3bAU$902.3m11.1x10.3x2.8x
Sun, 14 Aug 2022AU$11.0bAU$3.4bAU$1.0b12.3x10.6x3.3x
Tue, 12 Jul 2022AU$9.8bAU$3.4bAU$1.0b12.5x9.5x2.9x
Thu, 09 Jun 2022AU$10.8bAU$3.4bAU$1.0b12.5x10.4x3.2x
Sat, 07 May 2022AU$10.9bAU$3.3bAU$1.0b13.9x10.6x3.3x
Mon, 04 Apr 2022AU$11.4bAU$3.1bAU$975.5m14.4x11.7x3.7x
Wed, 02 Mar 2022AU$10.7bAU$3.1bAU$975.8m9x11x3.5x
Fri, 28 Jan 2022AU$9.8bAU$3.0bAU$898.7m8.5x10.9x3.3x
Sun, 26 Dec 2021AU$10.4bAU$3.0bAU$898.7m8.5x11.6x3.5x
Tue, 23 Nov 2021AU$10.1bAU$3.0bAU$898.7m8.5x11.3x3.4x
Thu, 21 Oct 2021AU$11.3bAU$3.0bAU$898.9m9.3x12.5x3.8x
Sat, 18 Sep 2021AU$11.5bAU$2.7bAU$706.9m9.4x16.3x4.3x
Mon, 16 Aug 2021AU$11.6bAU$2.7bAU$706.8m9.5x16.4x4.3x
Mon, 31 May 2021AU$11.5bAU$2.6bAU$589.2m12x19.4x4.4x
Thu, 04 Mar 2021AU$9.3bAU$2.5bAU$473.1m10.2x19.6x3.7x
Sun, 06 Dec 2020AU$8.3bAU$2.4bAU$394.0m6.2x21.1x3.4x
Wed, 09 Sep 2020AU$6.3bAU$2.4bAU$313.4m7.2x20.2x2.6x
Price to Earnings Ratio

17.6x


Total Market Cap: AU$6.6bTotal Earnings: AU$373.4mTotal Revenue: AU$2.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Regional Banks Industry Price to Earnings3Y Average 14.3x202120222023
Current Industry PE
  • Investors are relatively neutral on the Australian Regional Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 14.3x.
  • The 3-year average PS ratio of 3.3x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Regional Banks industry have grown 22% per year over the last three years.
  • Revenues for these companies have grown 15% 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 Regional Banks compare with similar industries?

AU Market-0.92%
Financials-2.53%
Banks-2.89%
Regional Banks-4.12%
Diversified Banks-2.87%
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
No data available
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