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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 07 Jun 2023 | AU$9.0b | AU$3.7b | AU$685.0m | 2.6x | 13.2x | 2.4x |
| Fri, 05 May 2023 | AU$9.2b | AU$3.7b | AU$685.0m | 2.5x | 13.4x | 2.5x |
| Sun, 02 Apr 2023 | AU$9.9b | AU$3.7b | AU$892.7m | 7.3x | 11x | 2.7x |
| Tue, 28 Feb 2023 | AU$10.2b | AU$3.4b | AU$826.9m | 9.8x | 12.3x | 3x |
| Thu, 26 Jan 2023 | AU$10.3b | AU$3.4b | AU$899.6m | 9.7x | 11.4x | 3x |
| Sat, 24 Dec 2022 | AU$10.1b | AU$3.4b | AU$899.6m | 9.7x | 11.2x | 3x |
| Mon, 21 Nov 2022 | AU$9.8b | AU$3.4b | AU$899.4m | 11.1x | 10.9x | 2.9x |
| Wed, 19 Oct 2022 | AU$10.0b | AU$3.4b | AU$899.4m | 11.1x | 11.1x | 3x |
| Fri, 16 Sep 2022 | AU$9.3b | AU$3.3b | AU$902.3m | 11.1x | 10.3x | 2.8x |
| Sun, 14 Aug 2022 | AU$11.0b | AU$3.4b | AU$1.0b | 12.3x | 10.6x | 3.3x |
| Tue, 12 Jul 2022 | AU$9.8b | AU$3.4b | AU$1.0b | 12.5x | 9.5x | 2.9x |
| Thu, 09 Jun 2022 | AU$10.8b | AU$3.4b | AU$1.0b | 12.5x | 10.4x | 3.2x |
| Sat, 07 May 2022 | AU$10.9b | AU$3.3b | AU$1.0b | 13.9x | 10.6x | 3.3x |
| Mon, 04 Apr 2022 | AU$11.4b | AU$3.1b | AU$975.5m | 14.4x | 11.7x | 3.7x |
| Wed, 02 Mar 2022 | AU$10.7b | AU$3.1b | AU$975.8m | 9x | 11x | 3.5x |
| Fri, 28 Jan 2022 | AU$9.8b | AU$3.0b | AU$898.7m | 8.5x | 10.9x | 3.3x |
| Sun, 26 Dec 2021 | AU$10.4b | AU$3.0b | AU$898.7m | 8.5x | 11.6x | 3.5x |
| Tue, 23 Nov 2021 | AU$10.1b | AU$3.0b | AU$898.7m | 8.5x | 11.3x | 3.4x |
| Thu, 21 Oct 2021 | AU$11.3b | AU$3.0b | AU$898.9m | 9.3x | 12.5x | 3.8x |
| Sat, 18 Sep 2021 | AU$11.5b | AU$2.7b | AU$706.9m | 9.4x | 16.3x | 4.3x |
| Mon, 16 Aug 2021 | AU$11.6b | AU$2.7b | AU$706.8m | 9.5x | 16.4x | 4.3x |
| Mon, 31 May 2021 | AU$11.5b | AU$2.6b | AU$589.2m | 12x | 19.4x | 4.4x |
| Thu, 04 Mar 2021 | AU$9.3b | AU$2.5b | AU$473.1m | 10.2x | 19.6x | 3.7x |
| Sun, 06 Dec 2020 | AU$8.3b | AU$2.4b | AU$394.0m | 6.2x | 21.1x | 3.4x |
| Wed, 09 Sep 2020 | AU$6.3b | AU$2.4b | AU$313.4m | 7.2x | 20.2x | 2.6x |
Price to Earnings Ratio
17.6x
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| No data available | |||||