Narrative Update • Jun 23

The Diversified Banks industry is up 4.3% in the last week, with Commerzbank up 4.0%. In the same time, Merkur PrivatBank KgaA was down 5.8%. This means that the industry has gained 31% over the past year. Looking forward, earnings are forecast to grow by 15% annually.
Has the German Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jun 2026 | €41.4b | €12.2b | €2.5b | 8.3x | 16.5x | 3.4x |
| Sun, 24 May 2026 | €40.0b | €12.2b | €2.5b | 9.5x | 15.9x | 3.3x |
| Tue, 21 Apr 2026 | €40.3b | €12.1b | €2.4b | 10.1x | 16.6x | 3.3x |
| Thu, 19 Mar 2026 | €36.4b | €12.1b | €2.7b | 11.4x | 13.3x | 3x |
| Sat, 14 Feb 2026 | €36.0b | €12.1b | €2.7b | 11.8x | 13.4x | 3x |
| Mon, 12 Jan 2026 | €39.2b | €11.9b | €2.5b | 12.3x | 15.7x | 3.3x |
| Wed, 10 Dec 2025 | €38.9b | €11.9b | €2.5b | 12.1x | 15.6x | 3.3x |
| Fri, 07 Nov 2025 | €36.4b | €11.7b | €2.5b | 12.4x | 14.5x | 3.1x |
| Sun, 05 Oct 2025 | €37.0b | €11.7b | €2.5b | 10.2x | 14.8x | 3.2x |
| Tue, 02 Sep 2025 | €38.5b | €11.7b | €2.5b | 9.7x | 15.4x | 3.3x |
| Thu, 31 Jul 2025 | €38.2b | €11.3b | €2.6b | 9.8x | 14.5x | 3.4x |
| Sat, 28 Jun 2025 | €33.0b | €11.3b | €2.7b | 10.5x | 12.4x | 2.9x |
| Mon, 26 May 2025 | €31.7b | €11.3b | €2.7b | 10.3x | 11.9x | 2.8x |
| Wed, 23 Apr 2025 | €28.0b | €11.1b | €2.6b | 9.7x | 10.8x | 2.5x |
| Fri, 21 Mar 2025 | €28.2b | €11.0b | €2.8b | 10.4x | 10.1x | 2.6x |
| Sun, 16 Feb 2025 | €24.1b | €11.0b | €2.8b | 9.6x | 8.6x | 2.2x |
| Tue, 14 Jan 2025 | €20.6b | €10.5b | €2.2b | 10x | 9.2x | 2x |
| Thu, 12 Dec 2024 | €18.7b | €10.5b | €2.2b | 9.2x | 8.3x | 1.8x |
| Sat, 09 Nov 2024 | €19.5b | €10.4b | €2.2b | 9.6x | 8.7x | 1.9x |
| Mon, 07 Oct 2024 | €20.3b | €10.6b | €2.3b | 8.8x | 8.9x | 1.9x |
| Wed, 04 Sep 2024 | €16.3b | €10.6b | €2.3b | 7.9x | 7.1x | 1.5x |
| Fri, 02 Aug 2024 | €17.8b | €10.6b | €2.3b | 8.2x | 7.6x | 1.7x |
| Sun, 30 Jun 2024 | €17.7b | €10.6b | €2.3b | 8.2x | 7.6x | 1.7x |
| Tue, 28 May 2024 | €19.4b | €10.6b | €2.3b | 8.8x | 8.3x | 1.8x |
| Thu, 25 Apr 2024 | €17.3b | €10.5b | €2.2b | 8.5x | 7.9x | 1.6x |
| Sat, 23 Mar 2024 | €15.6b | €10.5b | €2.2b | 9.1x | 7.2x | 1.5x |
| Mon, 19 Feb 2024 | €14.0b | €10.4b | €2.3b | 8.5x | 5.9x | 1.3x |
| Wed, 17 Jan 2024 | €14.4b | €10.5b | €2.2b | 9x | 6.4x | 1.4x |
| Fri, 15 Dec 2023 | €14.0b | €10.5b | €2.2b | 8.9x | 6.2x | 1.3x |
| Sun, 12 Nov 2023 | €14.1b | €10.4b | €2.2b | 9.1x | 6.4x | 1.4x |
| Tue, 10 Oct 2023 | €13.5b | €9.5b | €1.7b | 9.2x | 7.8x | 1.4x |
| Thu, 07 Sep 2023 | €12.4b | €9.5b | €1.7b | 9x | 7.2x | 1.3x |
| Sat, 05 Aug 2023 | €14.2b | €9.4b | €1.6b | 10.2x | 8.9x | 1.5x |
| Mon, 03 Jul 2023 | €13.7b | €9.4b | €1.6b | 9.9x | 8.5x | 1.5x |
8.5x
How does German Diversified Banks compare with similar industries?
| DE Market | -0.77% | |
| Financials | 0.93% | |
| Banks | -2.03% | |
| Diversified Banks | -2.03% | |
| Regional Banks | 0% | 0 |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| UBK UmweltBank | €3.63 | 0.8% +€1.2m | -27.1% | PB0.3x |