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Australian (ASX) Regional Banks Industry Analysis

UpdatedApr 11, 2026
DataAggregated Company Financials
Companies8
  • 7D11.3%
  • 3M8.4%
  • 1Y13.7%
  • YTDn/a

In the last week, the Regional Banks industry is up 10%, with all of the companies up. This takes the industry's 12 month performance to a gain of 12%. Earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 11 Apr 2026AU$12.4bAU$3.8bAU$99.3m12.7x124.6x3.2x
Mon, 09 Mar 2026AU$11.2bAU$3.8bAU$99.6m11.5x112.8x2.9x
Wed, 04 Feb 2026AU$11.7bAU$3.8bAU$74.6m8.4x156.9x3.1x
Fri, 02 Jan 2026AU$11.0bAU$3.8bAU$73.7m21.9x149.8x2.9x
Sun, 30 Nov 2025AU$10.8bAU$3.8bAU$74.2m14.8x145.7x2.8x
Tue, 28 Oct 2025AU$12.5bAU$3.8bAU$74.6m8.4x168.2x3.3x
Thu, 25 Sep 2025AU$12.7bAU$3.7bAU$245.6m8.5x51.8x3.4x
Sat, 23 Aug 2025AU$13.4bAU$3.7bAU$816.8m8.6x16.4x3.6x
Mon, 21 Jul 2025AU$13.2bAU$3.7bAU$814.6m11.9x16.3x3.6x
Wed, 18 Jun 2025AU$13.1bAU$3.7bAU$814.0m11.8x16.1x3.6x
Fri, 16 May 2025AU$12.4bAU$3.7bAU$814.0m11.3x15.2x3.4x
Sun, 13 Apr 2025AU$10.6bAU$3.7bAU$794.0m10.3x13.3x2.9x
Tue, 11 Mar 2025AU$10.6bAU$3.7bAU$793.9m10.4x13.3x2.9x
Thu, 06 Feb 2025AU$12.8bAU$3.7bAU$869.9m14x14.8x3.5x
Sat, 04 Jan 2025AU$12.6bAU$3.7bAU$870.3m13.7x14.5x3.4x
Mon, 02 Dec 2024AU$12.9bAU$3.7bAU$870.9m9.8x14.8x3.5x
Wed, 30 Oct 2024AU$12.0bAU$3.7bAU$870.9m9.3x13.7x3.2x
Fri, 27 Sep 2024AU$11.5bAU$3.7bAU$852.9m9.2x13.5x3.1x
Sun, 25 Aug 2024AU$11.7bAU$3.7bAU$849.8m9.6x13.8x3.2x
Tue, 23 Jul 2024AU$11.5bAU$3.7bAU$850.7m7.9x13.6x3.1x
Thu, 20 Jun 2024AU$10.9bAU$3.7bAU$850.7m7.9x12.8x2.9x
Sat, 18 May 2024AU$10.6bAU$3.7bAU$850.0m9.4x12.5x2.9x
Mon, 15 Apr 2024AU$10.1bAU$3.8bAU$703.5m9.4x14.3x2.6x
Wed, 13 Mar 2024AU$10.3bAU$3.8bAU$703.6m10.5x14.6x2.7x
Fri, 09 Feb 2024AU$10.2bAU$3.8bAU$679.1m9.4x14.9x2.7x
Sun, 07 Jan 2024AU$10.2bAU$3.8bAU$681.4m2.3x15x2.7x
Tue, 05 Dec 2023AU$9.5bAU$3.8bAU$681.4m2.2x13.9x2.5x
Thu, 02 Nov 2023AU$8.9bAU$3.8bAU$681.1m2.1x13.1x2.3x
Sat, 30 Sep 2023AU$9.5bAU$3.8bAU$777.1m2.1x12.2x2.5x
Mon, 28 Aug 2023AU$9.8bAU$3.9bAU$778.0m2.7x12.6x2.5x
Wed, 26 Jul 2023AU$9.6bAU$3.7bAU$685.0m2.6x14.1x2.6x
Fri, 23 Jun 2023AU$9.3bAU$3.7bAU$685.0m2.6x13.5x2.5x
Sun, 21 May 2023AU$9.3bAU$3.7bAU$685.0m2.6x13.6x2.5x
Tue, 18 Apr 2023AU$9.9bAU$3.7bAU$892.7m7.3x11x2.7x
Price to Earnings Ratio

11x


Total Market Cap: AU$9.9bTotal Earnings: AU$892.7mTotal Revenue: AU$3.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Regional Banks Industry Price to Earnings3Y Average 36.6x202420252026
Current Industry PE
  • Investors are optimistic on the Australian Regional Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 123x which is higher than its 3-year average PE of 36.5x.
  • The industry is trading close to its 3-year average PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Regional Banks industry have declined 52% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Australian Regional Banks compare with similar industries?

AU Market4.32%
Financials6.35%
Banks6.86%
Regional Banks11.29%
Diversified Banks6.79%
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$11.4913.5%
+AU$792.7m		11.7%PB1x
BOQ Bank of QueenslandAU$7.439.3%
+AU$414.2m		14.3%PB0.8x
MYS MyStateAU$4.746.5%
+AU$49.4m		30.2%PB1.1x

Latest News

MYS
AU$4.74
MyState
7D
6.5%
1Y
30.2%

MYS: Stable Dividend And Earnings Assumptions Will Support Future Upside Potential

Analysts have kept their A$5.26 price target for MyState steady, with only slight adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions guiding the updated view. What's in the News MyState declared an ordinary dividend of A$0.12 per security for the six months ended December 31, 2025, giving income focused holders clear visibility on the upcoming payout schedule (Key Developments).
BEN
AU$11.49
Bendigo and Adelaide Bank
7D
13.5%
1Y
11.7%

BEN: Future Returns Will Balance Fair Entry Point And Execution Risks

The analyst price target for Bendigo and Adelaide Bank has been adjusted slightly lower to reflect a fair value of about A$10.65. Analysts point to the recent share price selloff and updated assumptions on discount rate, revenue growth, profit margin and future P/E as key drivers of the change.
BOQ
AU$7.43
Bank of Queensland
7D
9.3%
1Y
14.3%