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Belgian (BEL20) Banks Industry Analysis

UpdatedMar 14, 2025
DataAggregated Company Financials
Companies7
  • 7D-2.3%
  • 3M12.1%
  • 1Y3.1%
  • YTD8.7%

In the last week, the Banks industry is flat overall, with KBC Group standing out by going down 3.5%. The past year has been better, since the industry has gained 3.6% in that time. As for the next few years, earnings are expected to grow by 1.3% per annum.

Industry Valuation and Performance

Has the Belgian Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 14 Mar 2025€58.3b€23.1b€7.2b8.3x8.1x2.5x
Sun, 09 Feb 2025€55.5b€23.0b€6.8b8.3x8.2x2.4x
Tue, 07 Jan 2025€54.1b€23.0b€6.8b8.3x8x2.4x
Thu, 05 Dec 2024€50.3b€23.0b€6.8b8.3x7.4x2.2x
Sat, 02 Nov 2024€50.7b€22.9b€6.8b8.1x7.5x2.2x
Mon, 30 Sep 2024€52.8b€22.9b€6.8b8.3x7.8x2.3x
Wed, 28 Aug 2024€53.6b€23.1b€6.9b7.6x7.8x2.3x
Fri, 26 Jul 2024€56.1b€23.1b€6.9b8.5x8.1x2.4x
Sun, 23 Jun 2024€53.4b€23.1b€6.9b8.5x7.7x2.3x
Tue, 21 May 2024€54.3b€23.1b€6.9b8.7x7.8x2.3x
Thu, 18 Apr 2024€56.5b€23.6b€7.3b8.3x7.7x2.4x
Sat, 16 Mar 2024€57.4b€22.8b€7.1b8.4x8x2.5x
Mon, 12 Feb 2024€56.5b€22.8b€7.1b8.4x7.9x2.5x
Wed, 10 Jan 2024€54.7b€21.0b€7.1b7.7x7.7x2.6x
Fri, 08 Dec 2023€52.4b€21.0b€7.1b7.6x7.3x2.5x
Sun, 05 Nov 2023€49.2b€19.0b€6.6b8.4x7.5x2.6x
Tue, 03 Oct 2023€51.1b€19.0b€6.6b8.2x7.7x2.7x
Thu, 31 Aug 2023€51.5b€18.5b€7.0b7.6x7.3x2.8x
Sat, 29 Jul 2023€54.9b€18.3b€7.0b7.2x7.9x3x
Mon, 26 Jun 2023€51.1b€18.3b€7.0b7.2x7.3x2.8x
Wed, 24 May 2023€52.5b€18.3b€7.0b7.5x7.5x2.9x
Fri, 21 Apr 2023€55.9b€17.7b€6.5b7.9x8.6x3.2x
Sun, 19 Mar 2023€51.0b€17.4b€6.6b7.5x7.8x2.9x
Tue, 14 Feb 2023€53.7b€17.4b€6.6b6.6x8.2x3.1x
Thu, 12 Jan 2023€47.8b€17.2b€6.6b5.6x7.3x2.8x
Sat, 10 Dec 2022€43.9b€17.2b€6.6b7.2x6.7x2.6x
Mon, 07 Nov 2022€42.3b€17.1b€6.4b7.2x6.6x2.5x
Wed, 05 Oct 2022€41.0b€17.1b€6.4b7x6.4x2.4x
Fri, 02 Sep 2022€38.9b€17.1b€5.9b7.1x6.6x2.3x
Sun, 31 Jul 2022€40.5b€16.2b€5.8b7.5x6.9x2.5x
Tue, 28 Jun 2022€42.9b€16.2b€5.8b7.9x7.3x2.7x
Thu, 26 May 2022€49.0b€16.2b€5.8b8.9x8.4x3x
Sat, 23 Apr 2022€49.7b€16.0b€5.9b7.3x8.4x3.1x
Mon, 21 Mar 2022€48.6b€15.4b€5.5b7.5x8.8x3.2x
Price to Earnings Ratio

8.8x


Total Market Cap: €48.6bTotal Earnings: €5.5bTotal Revenue: €15.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Banks Industry Price to Earnings3Y Average 7.6x202320242025
Current Industry PE
  • Investors are relatively neutral on the Belgian 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 7.6x.
  • The industry is trading close to its 3-year average PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 9.2% 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 Trends

Which industries have driven the changes within the Belgian Financials industry?

BE Market-1.94%
Financials-1.73%
Banks-2.34%
Regional Banks0%0
Diversified Banks-2.35%
Industry PE
  • Investors are most optimistic about the Regional Banks industry, which is trading close to its 3-year average PE ratio of 9.1x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 7.6x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 1.3% over the next 5 years.
  • However this is lower than its past earnings growth rate of 11% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings growth to stay flat over the next few years.

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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Latest News

KBC

€83.78

KBC Group

7D

-3.5%

1Y

22.9%

KBCA

€55.90

KBC Ancora

7D

-4.0%

1Y

25.8%