Narrative Update • Apr 24

In the last week, the Regional Banks industry is flat overall, with MyState standing out by going down 3.3%. As for the longer term, the industry has declined 14% in the last year. Looking forward, earnings are forecast to grow by 25% annually.
Has the Australian Regional Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 26 May 2026 | AU$10.9b | AU$3.9b | AU$64.3m | 12.7x | 168.9x | 2.8x |
| Thu, 23 Apr 2026 | AU$11.3b | AU$3.9b | AU$64.3m | 12.7x | 175.3x | 2.9x |
| Sat, 21 Mar 2026 | AU$11.1b | AU$3.8b | AU$99.3m | 12.7x | 111.4x | 2.9x |
| Mon, 16 Feb 2026 | AU$11.9b | AU$3.8b | AU$74.6m | 8.4x | 159.4x | 3.1x |
| Wed, 14 Jan 2026 | AU$11.3b | AU$3.8b | AU$73.7m | 21.7x | 153.8x | 3x |
| Fri, 12 Dec 2025 | AU$10.9b | AU$3.8b | AU$73.7m | 21.6x | 148.1x | 2.9x |
| Sun, 09 Nov 2025 | AU$12.5b | AU$3.8b | AU$74.6m | 8.4x | 168.1x | 3.3x |
| Tue, 07 Oct 2025 | AU$13.0b | AU$3.7b | AU$245.6m | 8.5x | 52.7x | 3.5x |
| Thu, 04 Sep 2025 | AU$12.2b | AU$3.7b | AU$246.1m | 7.1x | 49.6x | 3.3x |
| Sat, 02 Aug 2025 | AU$12.7b | AU$3.7b | AU$814.6m | 11.5x | 15.5x | 3.4x |
| Mon, 30 Jun 2025 | AU$13.1b | AU$3.7b | AU$814.6m | 11.9x | 16.1x | 3.5x |
| Wed, 28 May 2025 | AU$12.6b | AU$3.7b | AU$814.0m | 11.4x | 15.4x | 3.4x |
| Fri, 25 Apr 2025 | AU$11.7b | AU$3.7b | AU$814.0m | 10.8x | 14.4x | 3.2x |
| Sun, 23 Mar 2025 | AU$10.7b | AU$3.7b | AU$794.0m | 10.4x | 13.5x | 2.9x |
| Tue, 18 Feb 2025 | AU$11.8b | AU$3.7b | AU$869.9m | 13.1x | 13.6x | 3.2x |
| Thu, 16 Jan 2025 | AU$12.6b | AU$3.7b | AU$870.3m | 13.6x | 14.4x | 3.4x |
| Sat, 14 Dec 2024 | AU$12.6b | AU$3.7b | AU$870.3m | 12.8x | 14.5x | 3.4x |
| Mon, 11 Nov 2024 | AU$12.2b | AU$3.7b | AU$870.9m | 9.4x | 14x | 3.3x |
| Wed, 09 Oct 2024 | AU$11.3b | AU$3.7b | AU$852.9m | 9x | 13.3x | 3x |
| Fri, 06 Sep 2024 | AU$11.5b | AU$3.7b | AU$852.7m | 10.1x | 13.5x | 3.1x |
| Sun, 04 Aug 2024 | AU$11.7b | AU$3.7b | AU$850.7m | 7.9x | 13.8x | 3.2x |
| Tue, 02 Jul 2024 | AU$11.0b | AU$3.7b | AU$850.7m | 7.9x | 12.9x | 3x |
| Thu, 30 May 2024 | AU$10.6b | AU$3.7b | AU$850.7m | 8.5x | 12.4x | 2.8x |
| Sat, 27 Apr 2024 | AU$10.1b | AU$3.7b | AU$849.8m | 10.4x | 11.9x | 2.7x |
| Mon, 25 Mar 2024 | AU$10.4b | AU$3.8b | AU$703.5m | 9.5x | 14.7x | 2.7x |
| Wed, 21 Feb 2024 | AU$10.0b | AU$4.0b | AU$712.4m | 9.2x | 14.1x | 2.5x |
| Fri, 19 Jan 2024 | AU$9.8b | AU$3.8b | AU$681.4m | 2.3x | 14.4x | 2.6x |
| Sun, 17 Dec 2023 | AU$10.0b | AU$3.8b | AU$681.4m | 2.2x | 14.7x | 2.6x |
| Tue, 14 Nov 2023 | AU$9.3b | AU$3.8b | AU$681.1m | 2.2x | 13.7x | 2.4x |
| Thu, 12 Oct 2023 | AU$9.2b | AU$3.8b | AU$777.1m | 2.1x | 11.9x | 2.4x |
| Sat, 09 Sep 2023 | AU$9.4b | AU$3.9b | AU$777.2m | 2.7x | 12.1x | 2.4x |
| Mon, 07 Aug 2023 | AU$9.8b | AU$3.7b | AU$685.0m | 2.7x | 14.3x | 2.6x |
| Wed, 05 Jul 2023 | AU$9.4b | AU$3.7b | AU$685.0m | 2.6x | 13.7x | 2.5x |
| Fri, 02 Jun 2023 | AU$9.1b | AU$3.7b | AU$685.0m | 2.6x | 13.2x | 2.4x |
13.2x
How does Australian Regional Banks compare with similar industries?
| AU Market | 1.96% | |
| Financials | 2.10% | |
| Banks | 2.91% | |
| Regional Banks | -0.12% | |
| Diversified Banks | 2.96% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| No data available | |||||