Belgian (BEL20) Banks Industry Analysis
UpdatedApr 30, 2024
DataAggregated Company Financials
Companies7
- 7D-1.2%
- 3M4.6%
- 1Y6.6%
- YTD4.9%
The Banks industry has stayed flat over the last week. The past year has been better, since the industry has gained 6.0% in that time. In the next few years, earnings are forecast to decline by 1.2% annually.
Industry Valuation and Performance
Has the Belgian Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 30 Apr 2024 | €56.7b | €23.6b | €7.3b | 8.4x | 7.7x | 2.4x |
| Thu, 28 Mar 2024 | €60.2b | €22.8b | €7.1b | 8.4x | 8.4x | 2.6x |
| Sat, 24 Feb 2024 | €58.0b | €22.8b | €7.1b | 8x | 8.1x | 2.5x |
| Mon, 22 Jan 2024 | €54.2b | €21.0b | €7.1b | 7.7x | 7.6x | 2.6x |
| Wed, 20 Dec 2023 | €52.9b | €21.0b | €7.1b | 7.6x | 7.4x | 2.5x |
| Fri, 17 Nov 2023 | €48.2b | €19.2b | €6.7b | 8.4x | 7.2x | 2.5x |
| Sun, 15 Oct 2023 | €50.3b | €19.0b | €6.6b | 8.3x | 7.6x | 2.7x |
| Tue, 12 Sep 2023 | €50.3b | €19.0b | €7.0b | 7.5x | 7.2x | 2.6x |
| Thu, 10 Aug 2023 | €54.7b | €18.3b | €7.0b | 7.2x | 7.9x | 3x |
| Sat, 08 Jul 2023 | €52.8b | €18.3b | €7.0b | 7.2x | 7.6x | 2.9x |
| Mon, 05 Jun 2023 | €53.5b | €18.3b | €7.0b | 7.5x | 7.7x | 2.9x |
| Wed, 03 May 2023 | €54.9b | €17.7b | €6.5b | 7.9x | 8.4x | 3.1x |
| Fri, 31 Mar 2023 | €54.5b | €17.9b | €6.6b | 7.9x | 8.2x | 3.1x |
| Sun, 26 Feb 2023 | €53.3b | €17.4b | €6.6b | 6.7x | 8.1x | 3.1x |
| Tue, 24 Jan 2023 | €49.9b | €17.2b | €6.6b | 5.9x | 7.6x | 2.9x |
| Thu, 22 Dec 2022 | €45.5b | €17.2b | €6.6b | 5.6x | 6.9x | 2.7x |
| Sat, 19 Nov 2022 | €42.4b | €17.2b | €6.6b | 6.9x | 6.5x | 2.5x |
| Mon, 17 Oct 2022 | €40.0b | €17.1b | €6.4b | 6.8x | 6.3x | 2.3x |
| Wed, 14 Sep 2022 | €42.0b | €17.9b | €6.4b | 7.2x | 6.6x | 2.3x |
| Fri, 12 Aug 2022 | €41.4b | €16.2b | €5.8b | 7.6x | 7.1x | 2.6x |
| Sun, 10 Jul 2022 | €41.4b | €16.2b | €5.8b | 7.6x | 7.1x | 2.6x |
| Tue, 07 Jun 2022 | €49.0b | €16.2b | €5.8b | 9x | 8.4x | 3x |
| Thu, 05 May 2022 | €49.2b | €16.0b | €5.9b | 7.3x | 8.3x | 3.1x |
| Sat, 02 Apr 2022 | €48.7b | €16.0b | €5.9b | 7x | 8.2x | 3x |
| Mon, 28 Feb 2022 | €48.5b | €15.4b | €5.5b | 7.5x | 8.7x | 3.2x |
| Wed, 26 Jan 2022 | €50.3b | €15.2b | €5.2b | 6.4x | 9.7x | 3.3x |
| Fri, 24 Dec 2021 | €51.4b | €15.1b | €5.2b | 7.7x | 9.9x | 3.4x |
| Sun, 21 Nov 2021 | €48.8b | €15.2b | €5.2b | 6.4x | 9.4x | 3.2x |
| Tue, 19 Oct 2021 | €46.4b | €15.0b | €4.8b | 9.5x | 9.8x | 3.1x |
| Thu, 16 Sep 2021 | €43.5b | €15.0b | €4.7b | 9x | 9.2x | 2.9x |
| Sat, 14 Aug 2021 | €43.0b | €15.0b | €4.7b | 8.9x | 9.1x | 2.9x |
| Wed, 09 Jun 2021 | €42.9b | €14.0b | €4.0b | 10.8x | 10.7x | 3.1x |
Price to Earnings Ratio
10.5x
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 8.1x.
- The 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 19% 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 | 0.83% | |
| Financials | -0.59% | |
| Banks | -1.21% | |
| Diversified Banks | -1.18% | |
| Regional Banks | -9.77% | |
Industry PE
- Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 11.0x.
- 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 8.1x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Diversified Banks industry since they expect its earnings to decline by only 1.2% per year over the next 5 years, which isn't as bad as the other industries.
- This is a reversal from its past annual earnings growth rate of 9.3% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| No data available | |||||