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Belgian (BEL20) Diversified Banks Industry Analysis

UpdatedFeb 24, 2026
DataAggregated Company Financials
Companies4
  • 7D1.8%
  • 3M12.1%
  • 1Y37.3%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has risen 1.8%, driven by gains from every company within the industry. This means that the industry has gained 37% over the past year. Looking forward, earnings are forecast to grow by 7.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Feb 2026€78.2b€23.3b€6.9b11.2x11.4x3.4x
Fri, 23 Jan 2026€76.4b€22.9b€7.0b10.6x10.9x3.3x
Sun, 21 Dec 2025€75.2b€22.9b€7.0b10.5x10.8x3.3x
Tue, 18 Nov 2025€70.2b€22.9b€7.0b9.7x10x3.1x
Thu, 16 Oct 2025€67.3b€22.7b€6.9b9.5x9.8x3x
Sat, 13 Sep 2025€66.3b€22.7b€6.9b9.3x9.6x2.9x
Mon, 11 Aug 2025€67.5b€22.8b€7.2b9.2x9.3x3x
Wed, 09 Jul 2025€60.3b€22.7b€7.1b8.3x8.4x2.7x
Fri, 06 Jun 2025€59.4b€22.7b€7.1b8.2x8.3x2.6x
Sun, 04 May 2025€57.7b€22.4b€7.1b8x8.1x2.6x
Tue, 01 Apr 2025€58.4b€22.9b€7.2b8.1x8.1x2.6x
Thu, 27 Feb 2025€58.2b€23.0b€7.2b8.1x8.1x2.5x
Sat, 25 Jan 2025€55.8b€22.9b€6.8b8.5x8.3x2.4x
Mon, 23 Dec 2024€53.5b€22.9b€6.8b8.1x7.9x2.3x
Wed, 20 Nov 2024€50.6b€22.9b€6.8b7.7x7.5x2.2x
Fri, 18 Oct 2024€50.9b€22.9b€6.8b7.7x7.5x2.2x
Sun, 15 Sep 2024€51.1b€22.9b€6.7b7.7x7.6x2.2x
Tue, 13 Aug 2024€52.8b€23.0b€6.9b7.9x7.7x2.3x
Thu, 11 Jul 2024€53.6b€23.1b€6.9b7.9x7.7x2.3x
Sat, 08 Jun 2024€53.1b€23.1b€6.9b7.9x7.7x2.3x
Mon, 06 May 2024€54.8b€23.5b€7.3b7.6x7.5x2.3x
Wed, 03 Apr 2024€60.0b€23.2b€7.1b8.4x8.4x2.6x
Fri, 01 Mar 2024€58.2b€22.8b€7.1b8.2x8.2x2.6x
Sun, 28 Jan 2024€51.3b€20.9b€6.8b7.6x7.5x2.5x
Tue, 26 Dec 2023€53.1b€20.9b€7.1b7.4x7.5x2.5x
Thu, 23 Nov 2023€50.7b€20.9b€7.1b7.1x7.1x2.4x
Sat, 21 Oct 2023€48.4b€18.9b€6.6b7.7x7.3x2.6x
Mon, 18 Sep 2023€50.8b€18.9b€6.9b7.4x7.3x2.7x
Wed, 16 Aug 2023€53.1b€18.5b€7.0b7.2x7.6x2.9x
Fri, 14 Jul 2023€53.6b€18.2b€6.9b7.2x7.7x2.9x
Sun, 11 Jun 2023€53.0b€18.2b€6.9b7.5x7.6x2.9x
Tue, 09 May 2023€54.8b€17.6b€6.5b7.9x8.4x3.1x
Thu, 06 Apr 2023€54.5b€17.8b€6.6b7.9x8.2x3.1x
Sat, 04 Mar 2023€55.3b€17.3b€6.6b7.1x8.4x3.2x
Price to Earnings Ratio

8.4x


Total Market Cap: €55.3bTotal Earnings: €6.6bTotal Revenue: €17.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Diversified Banks Industry Price to Earnings3Y Average 8.3x202420252026
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 11.4x which is higher than its 3-year average PE of 8.3x.
  • The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.4x.
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 10% 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 Market0.56%
Financials1.66%
Banks1.82%
Diversified Banks1.83%
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€42.805.4%
+€1.2b
33.8%PB0.8x