Narrative Update • May 16
Have your own idea? Try our Stock Screener
Belgian (BEL20) Diversified Banks Industry Analysis
UpdatedJun 01, 2026
DataAggregated Company Financials
Companies4
- 7D1.8%
- 3M-2.3%
- 1Y25.9%
- YTDn/a
All of the companies in the Diversified Banks industry have been up over the last week, with the industry up 2.0%. In the last 12 months, the industry was up 26%. Earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Belgian Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 02 Jun 2026 | €75.4b | €23.6b | €6.9b | 10.7x | 11x | 3.2x |
| Thu, 30 Apr 2026 | €77.2b | €23.5b | €6.9b | 11.1x | 11.3x | 3.3x |
| Sat, 28 Mar 2026 | €72.4b | €23.8b | €6.8b | 10.5x | 10.6x | 3x |
| Mon, 23 Feb 2026 | €77.7b | €23.3b | €6.9b | 11.1x | 11.3x | 3.3x |
| Wed, 21 Jan 2026 | €75.9b | €22.9b | €7.0b | 10.5x | 10.9x | 3.3x |
| Fri, 19 Dec 2025 | €75.0b | €22.9b | €7.0b | 10.5x | 10.7x | 3.3x |
| Sun, 16 Nov 2025 | €70.4b | €22.9b | €7.0b | 9.7x | 10.1x | 3.1x |
| Tue, 14 Oct 2025 | €70.0b | €22.7b | €6.9b | 10.1x | 10.2x | 3.1x |
| Thu, 11 Sep 2025 | €66.2b | €22.7b | €6.9b | 9.3x | 9.5x | 2.9x |
| Sat, 09 Aug 2025 | €67.5b | €22.8b | €7.3b | 9.1x | 9.3x | 3x |
| Mon, 07 Jul 2025 | €61.8b | €22.7b | €7.1b | 8.6x | 8.7x | 2.7x |
| Wed, 04 Jun 2025 | €59.9b | €22.7b | €7.1b | 8.2x | 8.4x | 2.6x |
| Fri, 02 May 2025 | €57.0b | €22.4b | €7.1b | 7.9x | 8x | 2.5x |
| Sun, 30 Mar 2025 | €58.9b | €23.0b | €7.2b | 8.2x | 8.2x | 2.6x |
| Tue, 25 Feb 2025 | €57.0b | €23.0b | €7.2b | 7.9x | 7.9x | 2.5x |
| Thu, 23 Jan 2025 | €55.9b | €22.9b | €6.8b | 8.4x | 8.3x | 2.4x |
| Sat, 21 Dec 2024 | €53.5b | €22.9b | €6.8b | 8.1x | 7.9x | 2.3x |
| Mon, 18 Nov 2024 | €51.3b | €22.9b | €6.8b | 7.8x | 7.6x | 2.2x |
| Wed, 16 Oct 2024 | €51.1b | €22.9b | €6.8b | 7.7x | 7.6x | 2.2x |
| Fri, 13 Sep 2024 | €50.9b | €22.9b | €6.7b | 7.7x | 7.6x | 2.2x |
| Sun, 11 Aug 2024 | €26.3b | €12.2b | €4.0b | 6.6x | 6.6x | 2.2x |
| Tue, 09 Jul 2024 | €53.5b | €23.1b | €6.9b | 7.9x | 7.7x | 2.3x |
| Thu, 06 Jun 2024 | €52.9b | €23.1b | €6.9b | 7.8x | 7.6x | 2.3x |
| Sat, 04 May 2024 | €54.8b | €23.5b | €7.3b | 7.6x | 7.5x | 2.3x |
| Mon, 01 Apr 2024 | €60.1b | €23.2b | €7.1b | 8.4x | 8.4x | 2.6x |
| Wed, 28 Feb 2024 | €58.3b | €22.8b | €7.1b | 8.2x | 8.2x | 2.6x |
| Fri, 26 Jan 2024 | €54.2b | €20.9b | €7.1b | 7.6x | 7.6x | 2.6x |
| Sun, 24 Dec 2023 | €53.1b | €20.9b | €7.1b | 7.4x | 7.5x | 2.5x |
| Tue, 21 Nov 2023 | €50.9b | €20.9b | €7.1b | 7.1x | 7.2x | 2.4x |
| Thu, 19 Oct 2023 | €49.0b | €18.9b | €6.6b | 7.7x | 7.4x | 2.6x |
| Sat, 16 Sep 2023 | €50.7b | €18.9b | €6.9b | 7.4x | 7.3x | 2.7x |
| Mon, 14 Aug 2023 | €53.0b | €18.5b | €7.0b | 7.2x | 7.6x | 2.9x |
| Wed, 12 Jul 2023 | €53.5b | €18.2b | €6.9b | 7.2x | 7.7x | 2.9x |
| Fri, 09 Jun 2023 | €53.2b | €18.2b | €6.9b | 7.5x | 7.7x | 2.9x |
Price to Earnings Ratio
7.7x
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 11.0x which is higher than its 3-year average PE of 8.6x.
- The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.2x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 9.2% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Comparison
How does Belgian Diversified Banks compare with similar industries?
| BE Market | -0.94% | |
| Financials | 0.54% | |
| Banks | 1.78% | |
| Diversified Banks | 1.78% | |
| Regional Banks | 0% | 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 017250539 BNP Paribas Fortis | €38.00 | 3.8% +€791.3m | 19.5% | PB0.7x |