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Bulgarian (SOFIX) Banks Industry Analysis

UpdatedSep 12, 2026
DataAggregated Company Financials
Companies4
  • 7D5.1%
  • 3M20.4%
  • 1Y48.9%
  • YTD31.6%

In the last week, the Banks industry is up 6.9%, with First Investment Bank AD up 13%. This means that the industry has gained 42% over the past year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 12 Sep 2026лв1.1bлв474.9mлв178.3m6.4x6x2.3x
Mon, 10 Aug 2026лв941.2mлв440.3mлв168.4m6.1x5.6x2.1x
Wed, 08 Jul 2026лв921.8mлв431.6mлв165.5m6.6x5.6x2.1x
Fri, 05 Jun 2026лв948.8mлв429.0mлв164.3m6.7x5.8x2.2x
Sun, 03 May 2026лв903.2mлв425.9mлв162.8m6.5x5.5x2.1x
Tue, 31 Mar 2026лв939.8mлв428.9mлв167.2m6.3x5.6x2.2x
Thu, 26 Feb 2026лв1.0bлв417.1mлв163.0m6.6x6.2x2.4x
Sat, 24 Jan 2026лв1.1bлв423.7mлв170.4m7.8x6.4x2.6x
Mon, 22 Dec 2025лв1.5bлв840.7mлв346.0m5.6x4.4x1.8x
Wed, 19 Nov 2025лв1.3bлв858.5mлв357.3m5.1x3.8x1.6x
Fri, 17 Oct 2025лв1.4bлв867.2mлв362.3m4.6x3.8x1.6x
Sun, 14 Sep 2025лв1.4bлв867.2mлв362.3m4.6x3.8x1.6x
Tue, 12 Aug 2025лв1.4bлв870.5mлв321.6m5.2x4.4x1.6x
Thu, 10 Jul 2025лв1.3bлв870.5mлв322.0m4.8x4.2x1.5x
Sat, 07 Jun 2025лв1.3bлв874.1mлв328.8m4.3x4.1x1.5x
Mon, 05 May 2025лв1.1bлв834.7mлв297.7m4x3.9x1.4x
Wed, 02 Apr 2025лв1.3bлв838.9mлв301.5m4.8x4.2x1.5x
Fri, 28 Feb 2025лв1.2bлв760.3mлв255.1m5.2x4.7x1.6x
Sun, 26 Jan 2025лв1.3bлв762.4mлв256.1m5.3x4.9x1.7x
Tue, 24 Dec 2024лв1.2bлв762.4mлв256.1m5.1x4.8x1.6x
Thu, 21 Nov 2024лв1.2bлв753.7mлв270.3m4.5x4.5x1.6x
Sat, 19 Oct 2024лв1.2bлв753.4mлв272.0m4.7x4.5x1.6x
Mon, 16 Sep 2024лв1.4bлв753.4mлв272.0m5x5.1x1.8x
Wed, 14 Aug 2024лв1.4bлв768.2mлв288.8m5x4.9x1.8x
Fri, 12 Jul 2024лв1.3bлв767.1mлв290.7m4.6x4.4x1.7x
Sun, 09 Jun 2024лв1.4bлв765.7mлв290.7m5x4.7x1.8x
Tue, 07 May 2024лв1.1bлв769.1mлв299.3m2.9x3.7x1.4x
Thu, 04 Apr 2024лв856.4mлв767.9mлв299.3m2.4x2.9x1.1x
Sat, 02 Mar 2024лв927.3mлв782.1mлв300.2m3.1x3.1x1.2x
Mon, 29 Jan 2024лв972.4mлв802.0mлв334.2m2.6x2.9x1.2x
Wed, 27 Dec 2023лв888.1mлв775.9mлв316.0m2.6x2.8x1.1x
Fri, 24 Nov 2023лв829.6mлв734.0mлв279.9m2.7x3x1.1x
Sun, 22 Oct 2023лв805.3mлв723.6mлв271.8m2.7x3x1.1x
Tue, 19 Sep 2023лв793.6mлв723.6mлв271.8m2.8x2.9x1.1x
Price to Earnings Ratio

2.9x


Total Market Cap: лв793.6mTotal Earnings: лв271.8mTotal Revenue: лв723.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Bulgarian Banks Industry Price to Earnings3Y Average 4.4x202420252026
Current Industry PE
  • Investors are optimistic on the Bulgarian Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 5.6x which is higher than its 3-year average PE of 4.3x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have declined 9.8% per year over the last three years,
  • Revenues have also declined 12% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

BG Market2.01%
Financials3.14%
Banks5.05%
Diversified Banks5.05%
Regional Banks0%0
Industry PE
  • Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 4.3x.
    • 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, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 4.3x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
FIB First Investment Bank AD€4.149.5%
+€53.7m		52.9%PB0.6x
CCB Central Cooperative Bank AD€1.821.7%
+€3.8m		107.1%PB0.4x

Latest News

FIB
€4.14
First Investment Bank AD
7D
9.5%
1Y
52.9%
TXIM
€1.82
Texim Bank AD
7D
-6.7%
1Y
-0.6%
CCB
€1.82
Central Cooperative Bank AD
7D
1.7%
1Y
107.1%