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Canadian (TSX) Diversified Banks Industry Analysis

UpdatedMay 28, 2025
DataAggregated Company Financials
Companies7
  • 7D1.9%
  • 3M4.5%
  • 1Y21.7%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has risen 1.9%, driven by gains from every company within the industry. This means that the industry has gained 22% over the past year. Looking forward, earnings are forecast to grow by 3.3% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 May 2025CA$744.1bCA$215.2bCA$59.2b13.6x12.6x3.5x
Fri, 25 Apr 2025CA$685.6bCA$206.4bCA$50.7b12.8x13.5x3.3x
Sun, 23 Mar 2025CA$690.4bCA$206.4bCA$50.7b13.1x13.6x3.3x
Tue, 18 Feb 2025CA$714.1bCA$201.3bCA$48.9b14.2x14.6x3.5x
Thu, 16 Jan 2025CA$701.5bCA$201.3bCA$48.9b13.7x14.3x3.5x
Sat, 14 Dec 2024CA$721.3bCA$193.2bCA$49.5b14x14.6x3.7x
Mon, 11 Nov 2024CA$699.9bCA$204.1bCA$46.9b14.1x14.9x3.4x
Wed, 09 Oct 2024CA$687.6bCA$204.1bCA$46.9b13.4x14.7x3.4x
Fri, 06 Sep 2024CA$658.6bCA$204.1bCA$46.9b12.5x14x3.2x
Sun, 04 Aug 2024CA$612.2bCA$200.4bCA$48.8b12.2x12.5x3.1x
Tue, 02 Jul 2024CA$597.4bCA$200.4bCA$48.8b11.7x12.2x3x
Thu, 30 May 2024CA$613.6bCA$197.9bCA$47.8b12.2x12.8x3.1x
Sat, 27 Apr 2024CA$601.7bCA$196.7bCA$48.6b11.7x12.4x3.1x
Mon, 25 Mar 2024CA$617.2bCA$196.7bCA$48.6b12x12.7x3.1x
Wed, 21 Feb 2024CA$595.4bCA$193.2bCA$44.0b12.4x13.5x3.1x
Fri, 19 Jan 2024CA$587.1bCA$193.2bCA$44.0b12x13.4x3x
Sun, 17 Dec 2023CA$592.8bCA$193.2bCA$44.0b12x13.5x3.1x
Tue, 14 Nov 2023CA$540.4bCA$195.3bCA$50.9b10.6x10.6x2.8x
Thu, 12 Oct 2023CA$543.3bCA$195.3bCA$50.9b10.5x10.7x2.8x
Sat, 09 Sep 2023CA$555.7bCA$195.3bCA$50.9b10.4x10.9x2.8x
Mon, 07 Aug 2023CA$588.6bCA$190.7bCA$51.5b11x11.4x3.1x
Wed, 05 Jul 2023CA$495.2bCA$160.8bCA$44.6b10.6x11.1x3.1x
Fri, 02 Jun 2023CA$553.9bCA$190.7bCA$51.5b10.2x10.8x2.9x
Sun, 30 Apr 2023CA$590.8bCA$190.8bCA$57.0b10x10.4x3.1x
Tue, 28 Mar 2023CA$568.4bCA$190.8bCA$57.0b9.7x10x3x
Thu, 23 Feb 2023CA$622.5bCA$190.7bCA$65.2b9.2x9.5x3.3x
Sat, 21 Jan 2023CA$609.7bCA$190.7bCA$65.2b8.7x9.3x3.2x
Mon, 19 Dec 2022CA$579.4bCA$190.7bCA$65.2b8.3x8.9x3x
Wed, 16 Nov 2022CA$604.4bCA$184.2bCA$60.7b9.8x10x3.3x
Fri, 14 Oct 2022CA$547.8bCA$184.2bCA$60.7b8.8x9x3x
Sun, 11 Sep 2022CA$600.3bCA$184.2bCA$60.7b9.3x9.9x3.3x
Tue, 09 Aug 2022CA$595.0bCA$187.3bCA$62.6b9.3x9.5x3.2x
Thu, 07 Jul 2022CA$585.2bCA$187.3bCA$62.6b8.9x9.3x3.1x
Sat, 04 Jun 2022CA$649.6bCA$187.6bCA$62.6b10.2x10.4x3.5x
Price to Earnings Ratio

10.4x


Total Market Cap: CA$649.6bTotal Earnings: CA$62.6bTotal Revenue: CA$187.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Diversified Banks Industry Price to Earnings3Y Average 11.9x202320242025
Current Industry PE
  • Investors are relatively neutral on the Canadian Diversified 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 11.9x.
  • The industry is trading close to its 3-year average 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 4.7% 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 Canadian Diversified Banks compare with similar industries?

CA Market0.74%
Financials0.67%
Banks1.88%
Diversified Banks1.88%
Regional Banks2.15%
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
RY Royal Bank of CanadaCA$178.602.4%
+CA$6.0b		26.7%PB2.1x
TD Toronto-Dominion BankCA$94.244.8%
+CA$4.9b		25.7%PB1.3x
NA National Bank of CanadaCA$134.294.0%
+CA$2.0b		15.9%PB2.1x
CM Canadian Imperial Bank of CommerceCA$93.991.5%
+CA$1.3b		45.4%PB1.5x
BNS Bank of Nova ScotiaCA$72.191.0%
+CA$875.2m		13.7%PB1.1x
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Latest News

NA

CA$134.29

National Bank of Canada

7D

4.0%

1Y

15.9%

BMO

CA$144.86

Bank of Montreal

7D

0.5%

1Y

10.5%

CM

CA$93.99

Canadian Imperial Bank of Commerce

7D

1.5%

1Y

45.4%

BNS

CA$72.19

Bank of Nova Scotia

7D

1.0%

1Y

13.7%

TD

CA$94.24

Toronto-Dominion Bank

7D

4.8%

1Y

25.7%

RY

CA$178.60

Royal Bank of Canada

7D

2.4%

1Y

26.7%

LB

CA$28.50

Laurentian Bank of Canada

7D

1.9%

1Y

7.5%