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Australian (ASX) Regional Banks Industry Analysis

UpdatedMay 26, 2024
DataAggregated Company Financials
Companies10
  • 7D0.03%
  • 3M7.4%
  • 1Y14.3%
  • YTDn/a

Over the last 7 days, the Regional Banks industry has remained flat. The past year has been better, since the industry has gained 14% in that time. Earnings are forecast to grow by 6.6% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 26 May 2024AU$10.6bAU$3.7bAU$850.7m8.5x12.5x2.9x
Tue, 23 Apr 2024AU$10.2bAU$3.7bAU$849.8m10.3x11.9x2.7x
Thu, 21 Mar 2024AU$10.4bAU$3.8bAU$703.5m9.5x14.8x2.7x
Sat, 17 Feb 2024AU$10.1bAU$3.8bAU$679.1m9.2x14.9x2.6x
Mon, 15 Jan 2024AU$10.1bAU$3.8bAU$681.4m2.3x14.8x2.6x
Wed, 13 Dec 2023AU$9.7bAU$3.8bAU$681.4m2.2x14.2x2.5x
Fri, 10 Nov 2023AU$9.4bAU$3.8bAU$681.1m2.2x13.8x2.5x
Sun, 08 Oct 2023AU$9.5bAU$3.8bAU$777.1m2.1x12.2x2.5x
Tue, 05 Sep 2023AU$9.7bAU$3.9bAU$777.2m2.7x12.5x2.5x
Thu, 03 Aug 2023AU$9.9bAU$3.7bAU$685.0m2.7x14.5x2.7x
Sat, 01 Jul 2023AU$9.1bAU$3.7bAU$685.0m2.6x13.3x2.4x
Mon, 29 May 2023AU$9.3bAU$3.7bAU$685.0m2.6x13.5x2.5x
Wed, 26 Apr 2023AU$9.6bAU$3.7bAU$685.0m2.5x13.9x2.6x
Fri, 24 Mar 2023AU$10.0bAU$3.7bAU$892.7m7.3x11.2x2.7x
Sun, 19 Feb 2023AU$10.1bAU$3.4bAU$899.6m9.8x11.2x3x
Tue, 17 Jan 2023AU$10.4bAU$3.4bAU$899.6m9.8x11.5x3.1x
Thu, 15 Dec 2022AU$9.9bAU$3.4bAU$899.5m9.7x11x2.9x
Sat, 12 Nov 2022AU$9.9bAU$3.4bAU$899.4m11.1x11.1x2.9x
Mon, 10 Oct 2022AU$9.1bAU$3.3bAU$902.4m10.4x10.1x2.8x
Wed, 07 Sep 2022AU$9.3bAU$3.3bAU$1.0b11.1x9.2x2.8x
Fri, 05 Aug 2022AU$10.9bAU$3.4bAU$1.0b12.3x10.5x3.2x
Sun, 03 Jul 2022AU$9.5bAU$3.4bAU$1.0b12.5x9.2x2.8x
Tue, 31 May 2022AU$11.1bAU$3.4bAU$1.0b12.8x10.7x3.3x
Thu, 28 Apr 2022AU$11.1bAU$3.3bAU$1.0b13.9x10.7x3.3x
Sat, 26 Mar 2022AU$11.2bAU$3.1bAU$975.5m14.3x11.5x3.7x
Mon, 21 Feb 2022AU$11.2bAU$3.1bAU$976.1m8.5x11.5x3.7x
Wed, 19 Jan 2022AU$10.7bAU$3.0bAU$898.7m8.5x11.9x3.6x
Fri, 17 Dec 2021AU$10.1bAU$3.0bAU$898.7m8.5x11.3x3.4x
Sun, 14 Nov 2021AU$10.7bAU$3.0bAU$898.7m8.5x11.9x3.6x
Tue, 12 Oct 2021AU$11.7bAU$2.7bAU$706.9m9.4x16.5x4.4x
Thu, 09 Sep 2021AU$11.5bAU$2.7bAU$706.7m9.4x16.2x4.3x
Sat, 07 Aug 2021AU$11.8bAU$2.7bAU$706.8m9.8x16.8x4.4x
Price to Earnings Ratio

19.4x


Total Market Cap: AU$11.5bTotal Earnings: AU$589.2mTotal Revenue: AU$2.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Regional Banks Industry Price to Earnings3Y Average 12.7x202220232024
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 12.7x.
  • The industry is trading close to its 3-year average PS ratio of 3.1x.
Past Earnings Growth
  • The earnings for companies in the Regional Banks industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 13% 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-1.06%
Financials-0.75%
Banks-1.25%
Regional Banks0.025%
Diversified Banks-1.27%
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
BEN Bendigo and Adelaide BankAU$10.891.5%
+AU$90.6m
25.8%PB0.9x
MYS MyStateAU$3.642.0%
+AU$7.7m
7.4%PB0.9x
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Latest News

BOQ

AU$5.84

Bank of Queensland

7D

-2.3%

1Y

3.0%

MYS

AU$3.64

MyState

7D

2.0%

1Y

7.4%

ABA

AU$4.02

Auswide Bank

7D

-2.0%

1Y

-24.6%