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Canadian (TSX) Regional Banks Industry Analysis

UpdatedApr 22, 2024
DataAggregated Company Financials
Companies3
  • 7D-0.2%
  • 3M-8.5%
  • 1Y27.3%
  • YTDn/a

The Regional Banks industry has stayed flat over the last week. As for the the longer term, the industry is up 27% over the past 12 months. Looking forward, earnings are forecast to grow by 9.0% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Apr 2024CA$6.2bCA$2.3bCA$799.8m7.7x7.7x2.7x
Thu, 21 Mar 2024CA$6.2bCA$2.3bCA$799.8m8.5x7.7x2.7x
Sat, 17 Feb 2024CA$6.6bCA$2.3bCA$803.0m8.4x8.2x2.8x
Mon, 15 Jan 2024CA$6.7bCA$2.3bCA$803.0m8.9x8.4x2.9x
Wed, 13 Dec 2023CA$6.3bCA$2.1bCA$705.2m9x8.9x2.9x
Fri, 10 Nov 2023CA$5.8bCA$2.1bCA$696.1m8.1x8.4x2.7x
Sun, 08 Oct 2023CA$5.7bCA$2.1bCA$696.1m8.1x8.2x2.7x
Tue, 05 Sep 2023CA$6.1bCA$2.1bCA$693.8m8.6x8.8x2.9x
Thu, 03 Aug 2023CA$5.9bCA$2.1bCA$689.5m8.8x8.5x2.8x
Sat, 01 Jul 2023CA$5.3bCA$2.0bCA$618.7m8.4x8.5x2.7x
Mon, 29 May 2023CA$5.0bCA$2.0bCA$613.4m9x8.1x2.5x
Wed, 26 Apr 2023CA$4.7bCA$1.9bCA$607.2m8.3x7.8x2.5x
Fri, 24 Mar 2023CA$4.6bCA$1.9bCA$607.2m7.8x7.6x2.5x
Sun, 19 Feb 2023CA$3.0bCA$1.1bCA$332.0m10.7x9x2.7x
Tue, 17 Jan 2023CA$2.8bCA$1.1bCA$332.0m10.3x8.5x2.5x
Thu, 15 Dec 2022CA$2.5bCA$1.1bCA$332.0m10x7.7x2.3x
Sat, 12 Nov 2022CA$2.6bCA$1.1bCA$353.8m9.5x7.4x2.4x
Mon, 10 Oct 2022CA$2.3bCA$1.1bCA$353.8m9.4x6.6x2.1x
Wed, 07 Sep 2022CA$2.5bCA$1.1bCA$353.8m9.6x7.1x2.3x
Fri, 05 Aug 2022CA$2.7bCA$1.1bCA$359.0m9.8x7.5x2.5x
Sun, 03 Jul 2022CA$2.6bCA$1.1bCA$359.0m9.7x7.4x2.4x
Tue, 31 May 2022CA$3.1bCA$1.1bCA$359.5m11.4x8.6x2.8x
Thu, 28 Apr 2022CA$3.3bCA$1.1bCA$357.2m12.6x9.1x3x
Sat, 26 Mar 2022CA$3.7bCA$1.1bCA$357.2m13.6x10.4x3.4x
Mon, 21 Feb 2022CA$3.8bCA$1.0bCA$348.3m15x11x3.7x
Wed, 19 Jan 2022CA$4.0bCA$1.0bCA$348.3m15.4x11.6x3.8x
Fri, 17 Dec 2021CA$3.6bCA$1.0bCA$348.3m14.9x10.5x3.5x
Sun, 14 Nov 2021CA$4.1bCA$996.7mCA$320.2m17.7x12.7x4.1x
Tue, 12 Oct 2021CA$3.8bCA$996.7mCA$320.2m16.1x11.8x3.8x
Thu, 09 Sep 2021CA$3.4bCA$996.7mCA$320.2m12.5x10.7x3.4x
Sat, 07 Aug 2021CA$3.3bCA$996.7mCA$320.2m12.2x10.3x3.3x
Fri, 30 Apr 2021CA$3.3bCA$941.3mCA$294.8m14.1x11.1x3.5x
Price to Earnings Ratio

11.1x


Total Market Cap: CA$3.3bTotal Earnings: CA$294.8mTotal Revenue: CA$941.3mTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Regional Banks Industry Price to Earnings3Y Average 9.1x202220232024
Current Industry PE
    There are only 3 companies in the Canadian Regional Banks industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Regional Banks industry have grown 39% per year over the last three years.
  • Revenues for these companies have grown 35% 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 Canadian Regional Banks compare with similar industries?

CA Market-0.60%
Financials-0.41%
Banks-0.55%
Regional Banks-0.21%
Diversified Banks-0.55%
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
EQB EQBCA$86.502.4%
+CA$76.8m		47.7%PB1.2x
CWB Canadian Western BankCA$26.762.6%
+CA$65.6m		13.2%PB0.7x
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Latest News

EQB

CA$86.50

EQB

7D

2.4%

1Y

47.7%

CWB

CA$26.76

Canadian Western Bank

7D

2.6%

1Y

13.2%