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Belgian (BEL20) Diversified Banks Industry Analysis

UpdatedSep 21, 2025
DataAggregated Company Financials
Companies4
  • 7D5.6%
  • 3M9.6%
  • 1Y34.2%
  • YTDn/a

In the last week, the Diversified Banks industry is up 1.6%, with all of the companies up. In the last 12 months, the industry was up 30%. Looking forward, earnings are forecast to grow by 2.7% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 21 Sep 2025€70.1b€22.7b€6.9b10.1x10.1x3.1x
Tue, 19 Aug 2025€66.9b€22.8b€7.2b9x9.3x2.9x
Thu, 17 Jul 2025€59.6b€22.7b€7.1b8.2x8.4x2.6x
Sat, 14 Jun 2025€62.1b€22.7b€7.1b8.7x8.7x2.7x
Mon, 12 May 2025€57.6b€22.4b€7.1b8x8.1x2.6x
Wed, 09 Apr 2025€55.0b€22.4b€7.1b7.6x7.7x2.4x
Fri, 07 Mar 2025€59.5b€23.0b€7.2b8.3x8.3x2.6x
Sun, 02 Feb 2025€55.7b€22.9b€6.8b8.5x8.2x2.4x
Tue, 31 Dec 2024€53.4b€22.9b€6.8b8.1x7.9x2.3x
Thu, 28 Nov 2024€49.4b€22.9b€6.8b7.5x7.3x2.2x
Sat, 26 Oct 2024€50.3b€22.9b€6.8b7.6x7.4x2.2x
Mon, 23 Sep 2024€52.3b€22.9b€6.7b7.9x7.8x2.3x
Wed, 21 Aug 2024€53.9b€23.0b€6.9b8x7.8x2.3x
Fri, 19 Jul 2024€53.6b€23.1b€6.9b7.9x7.7x2.3x
Sun, 16 Jun 2024€52.2b€23.1b€6.9b7.7x7.5x2.3x
Tue, 14 May 2024€56.4b€23.5b€7.3b7.8x7.7x2.4x
Thu, 11 Apr 2024€56.4b€23.5b€7.3b7.8x7.7x2.4x
Sat, 09 Mar 2024€54.9b€22.8b€7.1b7.6x7.7x2.4x
Mon, 05 Feb 2024€53.9b€20.9b€7.1b7.5x7.6x2.6x
Wed, 03 Jan 2024€54.5b€20.9b€7.1b7.6x7.7x2.6x
Fri, 01 Dec 2023€50.5b€20.9b€7.1b7.1x7.1x2.4x
Sun, 29 Oct 2023€47.9b€18.9b€6.6b7.7x7.3x2.5x
Tue, 26 Sep 2023€51.2b€18.9b€6.9b7.6x7.4x2.7x
Thu, 24 Aug 2023€51.0b€18.5b€7.0b7.2x7.3x2.8x
Sat, 22 Jul 2023€53.7b€18.2b€6.9b7.2x7.7x3x
Mon, 19 Jun 2023€53.3b€18.2b€6.9b7.5x7.7x2.9x
Wed, 17 May 2023€27.1b€9.4b€3.8b6.3x7.1x2.9x
Fri, 14 Apr 2023€55.1b€17.6b€6.5b7.9x8.5x3.1x
Sun, 12 Mar 2023€53.0b€17.3b€6.6b7.1x8.1x3.1x
Tue, 07 Feb 2023€51.7b€17.1b€6.4b6.5x8.1x3x
Thu, 05 Jan 2023€46.5b€17.1b€6.5b5.6x7.1x2.7x
Sat, 03 Dec 2022€43.7b€17.1b€6.5b5.6x6.7x2.6x
Mon, 31 Oct 2022€41.2b€17.0b€6.4b5.5x6.5x2.4x
Wed, 28 Sep 2022€40.8b€17.8b€6.4b5.5x6.4x2.3x
Price to Earnings Ratio

6.4x


Total Market Cap: €40.8bTotal Earnings: €6.4bTotal Revenue: €17.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Diversified Banks Industry Price to Earnings3Y Average 7.8x202320242025
Current Industry PE
  • Investors are optimistic on the Belgian Diversified Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 9.6x which is higher than its 3-year average PE of 7.8x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have grown 2.8% per year over the last three years.
  • Revenues for these companies have grown 8.4% 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 Belgian Diversified Banks compare with similar industries?

BE Market0.42%
Financials3.40%
Banks5.59%
Diversified Banks5.60%
Regional Banks0%0
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
017250539 BNP Paribas Fortis€40.0023.5%
+€4.3b
26.6%PB0.8x
KBCA KBC Ancora€67.801.5%
+€77.0m
39.9%PB1.5x