Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

German (DAX) Financials Sector Analysis

UpdatedSep 26, 2025
DataAggregated Company Financials
Companies130
  • 7D-0.1%
  • 3M0.3%
  • 1Y25.6%
  • YTD23.7%

In the last week, Financials has been flat. As for the the longer term, the industry is up 26% over the past 12 months. Looking forward, earnings are forecast to grow by 7.4% annually.

Sector Valuation and Performance

Has the German Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Sep 2025€424.8b€323.1b€31.4b13.2x13.5x1.3x
Sun, 24 Aug 2025€455.7b€323.7b€31.3b15.1x14.6x1.4x
Tue, 22 Jul 2025€429.0b€314.9b€27.9b14.8x15.4x1.4x
Thu, 19 Jun 2025€421.9b€315.0b€27.8b17.8x15.2x1.3x
Sat, 17 May 2025€431.5b€313.2b€27.8b17.3x15.5x1.4x
Mon, 14 Apr 2025€392.3b€308.8b€28.2b13.6x13.9x1.3x
Wed, 12 Mar 2025€400.9b€313.4b€28.4b14.2x14.1x1.3x
Fri, 07 Feb 2025€374.0b€306.7b€27.5b14.1x13.6x1.2x
Sun, 05 Jan 2025€348.7b€307.3b€28.5b13.5x12.2x1.1x
Tue, 03 Dec 2024€347.4b€310.5b€28.6b13.6x12.2x1.1x
Thu, 31 Oct 2024€339.4b€313.7b€28.1b14.9x12.1x1.1x
Sat, 28 Sep 2024€346.5b€313.1b€27.6b15.2x12.6x1.1x
Mon, 26 Aug 2024€329.1b€313.3b€27.7b15.4x11.9x1.1x
Wed, 24 Jul 2024€319.4b€303.7b€28.1b16x11.4x1.1x
Fri, 21 Jun 2024€319.4b€303.5b€28.0b15x11.4x1.1x
Sun, 19 May 2024€323.8b€303.6b€28.1b15.1x11.5x1.1x
Tue, 16 Apr 2024€313.1b€310.0b€26.3b15.2x11.9x1x
Thu, 14 Mar 2024€312.5b€323.7b€26.4b13.1x11.9x1x
Sat, 10 Feb 2024€289.7b€325.4b€24.2b13.2x12x0.9x
Mon, 08 Jan 2024€294.2b€329.5b€24.8b14.6x11.9x0.9x
Wed, 06 Dec 2023€289.4b€329.6b€24.9b14.3x11.6x0.9x
Fri, 03 Nov 2023€272.0b€340.8b€24.3b13.6x11.2x0.8x
Sun, 01 Oct 2023€271.3b€340.3b€24.3b13.5x11.2x0.8x
Tue, 29 Aug 2023€267.6b€349.4b€23.4b14x11.5x0.8x
Thu, 27 Jul 2023€264.6b€331.7b€24.4b15.8x10.8x0.8x
Sat, 24 Jun 2023€252.8b€331.8b€24.5b15.7x10.3x0.8x
Mon, 22 May 2023€246.3b€319.7b€21.1b12.8x11.7x0.8x
Wed, 19 Apr 2023€259.1b€325.6b€22.6b12.3x11.5x0.8x
Fri, 17 Mar 2023€242.0b€323.7b€22.5b11.5x10.8x0.7x
Sun, 12 Feb 2023€256.3b€316.4b€19.0b11.8x13.5x0.8x
Tue, 10 Jan 2023€253.3b€317.5b€17.5b10.8x14.5x0.8x
Thu, 08 Dec 2022€241.8b€317.5b€17.5b10x13.8x0.8x
Sat, 05 Nov 2022€224.3b€311.4b€17.4b10.8x12.9x0.7x
Mon, 03 Oct 2022€204.0b€310.4b€16.5b10.8x12.4x0.7x
Price to Earnings Ratio

12.4x


Total Market Cap: €204.0bTotal Earnings: €16.5bTotal Revenue: €310.4bTotal Market Cap vs Earnings and Revenue0%0%0%
German Financials Sector Price to Earnings3Y Average 12.5x202320242025
Current Industry PE
  • Investors are relatively neutral on the German Financials 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 12.5x.
  • The 3-year average PS ratio of 1.00x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 24% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the German Financials sector?

DE Market-1.06%
Financials-0.10%
Banks1.69%
Insurance0.32%
Consumer Finance0.081%
Mortgage Finance0%0
Diversified Financial-0.73%
Capital Markets-1.50%
Industry PE
  • Investors are most optimistic about the Banks industry which is trading above its 3-year average PE ratio of 9.0x.
    • Analysts are expecting annual earnings growth of 13.3%, which is higher than its past year's earnings growth of 11.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 60% over the next 5 years.
  • This is better than its past earnings growth rate of 2.8% per year.
  • In contrast, the Insurance industry is expected to see its earnings grow by 6.1% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
ALV Allianz€349.300.6%
+€799.2m		18.1%PE13.2x
CBK Commerzbank€32.711.7%
+€631.4m		100.1%PB1.1x
HNR1 Hannover Rück€249.201.6%
+€482.3m		-1.7%PE12.1x
FTK flatexDEGIRO€28.083.8%
+€111.3m		119.3%PE22.7x
AEE1 More Impact€2.0017.6%
+€52.2m		166.7%n/a

Latest News

UBK
€4.07
UmweltBank
7D
0.2%
1Y
-19.9%
GLJ
€16.96
Grenke
7D
5.1%
1Y
-28.4%

Digital Transformation And European Expansion Will Ensure Resilient Performance

The upward revision in Grenke’s fair value reflects sharply improved consensus revenue growth forecasts, partly offset by a lower expected net profit margin, resulting in a modest increase in the analyst price target to €23.25. What's in the News Grenke AG reaffirmed group earnings guidance for 2025, expecting earnings between EUR 71 million and EUR 81 million.
MUX
€28.80
Mutares SE KGaA
7D
-3.8%
1Y
29.7%
DBK
€30.16
Deutsche Bank
7D
-1.0%
1Y
94.6%
DWS
€52.40
DWS Group GmbH KGaA
7D
-2.5%
1Y
39.1%

Growing Global Middle Class And Demographic Shifts Will Drive Expansion

The consensus analyst price target for DWS Group GmbH KGaA was raised only marginally to €54.19, reflecting virtually unchanged top valuation metrics and discount rate. What's in the News DWS launched the Xtrackers S&P 500 Diversified Sector Weight ETF, listed on NASDAQ, aiming to mitigate concentration risk within the S&P 500 by using a reweighted index approach.
FTK
€28.08
flatexDEGIRO
7D
3.8%
1Y
119.3%

Should You Be Adding flatexDEGIRO (ETR:FTK) To Your Watchlist Today?

Sep 17
Should You Be Adding flatexDEGIRO (ETR:FTK) To Your Watchlist Today?
CHG
€39.10
CHAPTERS Group
7D
1.8%
1Y
65.7%
ALV
€349.30
Allianz
7D
0.6%
1Y
18.1%

Digital Transformation And Emerging Markets Will Drive Future Expansion

With both Allianz’s future P/E and discount rate effectively unchanged, analysts have made only a marginal upward revision to the fair value price target, now set at €363.11. What's in the News Allianz Life experienced a significant cyberattack in mid-July 2025, resulting in personal data theft affecting the majority of its customers, financial professionals, and some employees through a social engineering technique (TechCrunch).
CBK
€32.71
Commerzbank
7D
1.7%
1Y
100.1%
TLX
€110.90
Talanx
7D
-0.9%
1Y
46.7%

Future Growth May Face Challenges, But Diversification Could Provide Stability

Talanx’s valuation outlook remains stable, as both its Future P/E and Net Profit Margin showed negligible changes, resulting in the consensus analyst price target holding steady at €104.40. What's in the News Talanx AG announced a share repurchase program to buy back up to 400,000 shares (approximately 0.15% of issued share capital) for a total of €48 million, aiming to meet obligations related to its employee share option program.
DB1
€224.40
Deutsche Börse
7D
-2.7%
1Y
7.4%

Deutsche Börse AG's (ETR:DB1) Business Is Yet to Catch Up With Its Share Price

Sep 01
Deutsche Börse AG's (ETR:DB1) Business Is Yet to Catch Up With Its Share Price
HYQ
€133.20
Hypoport
7D
-5.7%
1Y
-55.7%

Hypoport SE's (ETR:HYQ) Stock Retreats 25% But Earnings Haven't Escaped The Attention Of Investors

Aug 30
Hypoport SE's (ETR:HYQ) Stock Retreats 25% But Earnings Haven't Escaped The Attention Of Investors
HNR1
€249.20
Hannover Rück
7D
1.6%
1Y
-1.7%

Earnings Update: Hannover Rück SE (ETR:HNR1) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts

Aug 15
Earnings Update: Hannover Rück SE (ETR:HNR1) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts
MUV2
€519.60
Münchener Rückversicherungs-Gesellschaft in München
7D
-0.3%
1Y
5.1%
AEE1
€2.00
More Impact
7D
17.6%
1Y
166.7%
PBB
€4.93
Deutsche Pfandbriefbank
7D
-3.0%
1Y
-17.0%