Narrative Update • Jun 23

Over the last 7 days, the Diversified Banks industry has risen 3.5%, driven by gains from Commerzbank of 3.5%. This takes the industry's 12 month performance to a gain of 12%. As for the next few years, earnings are expected to grow by 13% per annum.
Has the German Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 11 Aug 2026 | €42.9b | €12.5b | €2.9b | 10.9x | 14.6x | 3.4x |
| Thu, 09 Jul 2026 | €41.1b | €12.2b | €2.5b | 9.9x | 16.4x | 3.4x |
| Sat, 06 Jun 2026 | €40.8b | €12.2b | €2.5b | 9x | 16.3x | 3.3x |
| Mon, 04 May 2026 | €38.8b | €12.1b | €2.4b | 9.8x | 16x | 3.2x |
| Wed, 01 Apr 2026 | €34.0b | €12.1b | €2.4b | 10x | 14x | 2.8x |
| Fri, 27 Feb 2026 | €39.9b | €12.1b | €2.7b | 12x | 14.8x | 3.3x |
| Sun, 25 Jan 2026 | €38.5b | €11.9b | €2.5b | 12.1x | 15.4x | 3.2x |
| Tue, 23 Dec 2025 | €39.9b | €11.9b | €2.5b | 11.7x | 16x | 3.3x |
| Thu, 20 Nov 2025 | €36.0b | €11.9b | €2.5b | 12.3x | 14.4x | 3x |
| Sat, 18 Oct 2025 | €34.1b | €11.7b | €2.5b | 10.6x | 13.6x | 2.9x |
| Mon, 15 Sep 2025 | €37.5b | €11.7b | €2.5b | 9.6x | 15x | 3.2x |
| Wed, 13 Aug 2025 | €42.0b | €11.7b | €2.5b | 9.8x | 16.8x | 3.6x |
| Fri, 11 Jul 2025 | €35.0b | €11.3b | €2.7b | 11.2x | 13.1x | 3.1x |
| Sun, 08 Jun 2025 | €33.9b | €11.3b | €2.7b | 10.8x | 12.7x | 3x |
| Tue, 06 May 2025 | €29.6b | €11.1b | €2.6b | 10x | 11.4x | 2.7x |
| Thu, 03 Apr 2025 | €27.5b | €11.1b | €2.6b | 9.7x | 10.7x | 2.5x |
| Sat, 01 Mar 2025 | €25.3b | €11.0b | €2.8b | 9.8x | 9x | 2.3x |
| Mon, 27 Jan 2025 | €22.3b | €10.5b | €2.2b | 10.4x | 9.9x | 2.1x |
| Wed, 25 Dec 2024 | €18.9b | €10.5b | €2.2b | 9.2x | 8.4x | 1.8x |
| Fri, 22 Nov 2024 | €19.3b | €10.4b | €2.2b | 9.3x | 8.6x | 1.8x |
| Sun, 20 Oct 2024 | €20.5b | €10.6b | €2.3b | 8.8x | 8.9x | 1.9x |
| Tue, 17 Sep 2024 | €19.2b | €10.6b | €2.3b | 8.5x | 8.4x | 1.8x |
| Thu, 15 Aug 2024 | €15.4b | €10.6b | €2.3b | 7.7x | 6.7x | 1.4x |
| Sat, 13 Jul 2024 | €18.0b | €10.6b | €2.3b | 8.3x | 7.7x | 1.7x |
| Mon, 10 Jun 2024 | €19.4b | €10.6b | €2.3b | 8.8x | 8.3x | 1.8x |
| Wed, 08 May 2024 | €17.7b | €10.5b | €2.2b | 8.6x | 8.1x | 1.7x |
| Fri, 05 Apr 2024 | €16.8b | €10.5b | €2.2b | 9.6x | 7.7x | 1.6x |
| Sun, 03 Mar 2024 | €13.8b | €10.4b | €2.3b | 8.3x | 5.9x | 1.3x |
| Tue, 30 Jan 2024 | €14.0b | €10.5b | €2.2b | 8.8x | 6.3x | 1.3x |
| Thu, 28 Dec 2023 | €14.2b | €10.5b | €2.2b | 9x | 6.4x | 1.4x |
| Sat, 25 Nov 2023 | €14.6b | €10.5b | €2.2b | 9.1x | 6.6x | 1.4x |
| Mon, 23 Oct 2023 | €13.3b | €9.5b | €1.7b | 9.2x | 7.7x | 1.4x |
| Wed, 20 Sep 2023 | €13.0b | €9.5b | €1.7b | 9.2x | 7.5x | 1.4x |
| Fri, 18 Aug 2023 | €13.5b | €9.5b | €1.7b | 9.6x | 7.9x | 1.4x |
7.9x
How does German Diversified Banks compare with similar industries?
| DE Market | 0.93% | |
| Financials | 0.85% | |
| Banks | 3.50% | |
| Diversified Banks | 3.50% | |
| Regional Banks | 0% | 0 |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CBK Commerzbank | €39.10 | 0.9% +€414.3m | 9.2% | PB1.3x | |
| MBK Merkur PrivatBank KgaA | €13.10 | 18.0% +€15.6m | -26.4% | PB0.3x | |
| UBK UmweltBank | €3.88 | 1.0% +€1.7m | -23.9% | PB0.4x |