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Spanish (IBEX) Financials Sector Analysis

UpdatedNov 29, 2022
DataAggregated Company Financials
Companies26
  • 7D1.5%
  • 3M18.0%
  • 1Y17.6%
  • YTD9.3%

The Financials industry is up 2.9% in the last week, with Banco Santander up 4.2%. This means that the industry has gained 15% over the past year. As for the next few years, earnings are expected to grow by 2.8% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 30 Nov 2022€135.6b€106.8b€20.0b11.8x6.8x1.3x
Fri, 28 Oct 2022€127.4b€105.1b€20.8b11.9x6.1x1.2x
Sun, 25 Sep 2022€124.3b€104.4b€20.5b10.9x6.1x1.2x
Tue, 23 Aug 2022€116.9b€104.4b€20.5b9.9x5.7x1.1x
Thu, 21 Jul 2022€114.9b€101.8b€17.9b9.9x6.4x1.1x
Sat, 18 Jun 2022€126.8b€101.6b€17.9b11x7.1x1.2x
Mon, 16 May 2022€126.0b€101.4b€17.9b10.6x7.1x1.2x
Wed, 13 Apr 2022€137.0b€99.1b€20.2b11.1x6.8x1.4x
Fri, 11 Mar 2022€129.7b€99.1b€20.2b10.2x6.4x1.3x
Sun, 06 Feb 2022€147.6b€97.8b€21.1b13.1x7x1.5x
Tue, 04 Jan 2022€130.3b€97.7b€17.9b13.9x7.3x1.3x
Thu, 02 Dec 2021€123.7b€96.3b€17.7b13.7x7x1.3x
Sat, 30 Oct 2021€143.4b€94.1b€15.7b15x9.2x1.5x
Mon, 27 Sep 2021€139.2b€92.9b€15.2b14.9x9.2x1.5x
Wed, 25 Aug 2021€141.0b€92.7b€15.1b14.6x9.4x1.5x
Thu, 01 Jul 2021€135.6b€92.7b€15.1b14.3x9x1.5x
Sun, 04 Apr 2021€123.9b€86.1b€2.1b19.9x59.8x1.4x
Wed, 06 Jan 2021€102.7b€83.5b-€4,577,174,495.0017.6x-22.4x1.2x
Sat, 10 Oct 2020€69.5b€86.0b-€1,976,774,668.0016.3x-35.1x0.8x
Fri, 03 Jul 2020€85.1b€89.1b-€2,795,811,996.0015.7x-30.5x1x
Mon, 06 Apr 2020€83.6b€96.0b€11.0b13.2x7.6x0.9x
Thu, 09 Jan 2020€140.6b€101.3b€13.9b14.7x10.1x1.4x
Price to Earnings Ratio

9.7x


Total Market Cap: €135.7bTotal Earnings: €14.0bTotal Revenue: €101.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Financials Sector Price to Earnings3Y Average 2.4x202020212022
Current Industry PE
  • Investors are optimistic on the Spanish Financials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 6.8x which is higher than its 3-year average PE of 2.6x.
  • The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 13% 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 Spanish Financials sector?

ES Market-0.03%
Financials1.46%
Diversified Financial1.98%
Banks1.66%
Capital Markets0.31%
Mortgage Finance0%
Mortgage REITs0%
Consumer Finance0%
Insurance-0.78%
Industry PE
  • Investors are most optimistic about the Capital Markets industry even though it's trading below its 3-year average PE ratio of 45.7x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 7.6x.
Forecasted Growth
  • Analysts are most optimistic on the Insurance industry, expecting annual earnings growth of 6.6% over the next 5 years.
  • This is better than its past earnings decline of 0.04% per year.
  • In contrast, the Diversified Financial industry is expected to see its earnings decline by 21% 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
SAN Banco Santander€2.842.1%
+€981.2m
3.1%PB0.5x
BBVA Banco Bilbao Vizcaya Argentaria€5.621.9%
+€623.2m
19.6%PB0.7x
CABK CaixaBank€3.550.9%
+€259.5m
56.0%PB0.8x
SAB Banco de Sabadell€0.891.9%
+€93.8m
48.4%PB0.4x
ALB Corporación Financiera Alba€46.302.0%
+€52.4m
-3.8%PE7.2x
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Latest News

BKT

€6.37

Bankinter

7D

0.7%

1Y

46.6%

BBVA

€5.62

Banco Bilbao Vizcaya Argentaria

7D

1.9%

1Y

19.6%

MAP

€1.82

Mapfre

7D

-2.3%

1Y

0.6%

LDA

€1.02

Línea Directa Aseguradora

7D

1.4%

1Y

-33.1%

IFF

€0.59

Iffe Futura

7D

-4.8%

1Y

7.3%

CABK

€3.55

CaixaBank

7D

0.9%

1Y

56.0%

SAN

€2.84

Banco Santander

7D

2.1%

1Y

3.1%

UNI

€0.99

Unicaja Banco

7D

-0.05%

1Y

27.3%

SAB

€0.89

Banco de Sabadell

7D

1.9%

1Y

48.4%

GCO

€30.15

Grupo Catalana Occidente

7D

1.0%

1Y

7.9%