Header cover image

Spanish (IBEX) Banks Industry Analysis

UpdatedDec 01, 2022
DataAggregated Company Financials
Companies6
  • 7D1.2%
  • 3M19.6%
  • 1Y19.0%
  • YTD11.8%

The Banks industry is up 1.7% in the last week, with Banco Santander up 2.1%. This takes the industry's 12 month performance to a gain of 21%. Earnings are forecast to grow by 3.0% annually.

Industry Valuation and Performance

Has the Spanish Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Dec 2022€122.4b€79.9b€18.2b6.6x6.7x1.5x
Sat, 29 Oct 2022€113.7b€79.3b€19.1b5.8x5.9x1.4x
Mon, 26 Sep 2022€110.5b€78.1b€18.7b6.4x5.9x1.4x
Wed, 24 Aug 2022€102.6b€78.1b€18.7b5.7x5.5x1.3x
Fri, 22 Jul 2022€101.6b€75.6b€16.2b6.1x6.3x1.3x
Sun, 19 Jun 2022€110.3b€75.6b€16.2b6.8x6.8x1.5x
Tue, 17 May 2022€110.7b€75.5b€16.1b6.9x6.9x1.5x
Thu, 14 Apr 2022€121.4b€73.3b€18.5b7.5x6.6x1.7x
Sat, 12 Mar 2022€115.5b€73.3b€18.5b7.3x6.2x1.6x
Mon, 07 Feb 2022€131.6b€72.8b€19.9b7.7x6.6x1.8x
Wed, 05 Jan 2022€117.6b€72.6b€16.7b7.8x7x1.6x
Fri, 03 Dec 2021€107.5b€71.2b€16.4b8.6x6.5x1.5x
Sun, 31 Oct 2021€127.4b€69.5b€14.5b12x8.8x1.8x
Tue, 28 Sep 2021€127.2b€68.3b€14.0b11.6x9.1x1.9x
Thu, 26 Aug 2021€123.1b€68.3b€14.0b11.2x8.8x1.8x
Fri, 02 Jul 2021€119.8b€68.3b€14.0b10.8x8.5x1.8x
Mon, 05 Apr 2021€110.1b€63.2b€1.3b14.5x86.4x1.7x
Thu, 07 Jan 2021€90.4b€60.7b-€5,283,084,000.0013x-17.1x1.5x
Wed, 30 Sep 2020€59.2b€62.1b-€2,866,895,000.0011.2x-20.6x1x
Sat, 04 Jul 2020€74.1b€64.1b-€3,760,934,000.008.7x-19.7x1.2x
Tue, 07 Apr 2020€72.9b€70.2b€9.9b6.7x7.4x1x
Fri, 10 Jan 2020€125.0b€74.3b€12.6b9.9x9.9x1.7x
Price to Earnings Ratio

9.3x


Total Market Cap: €119.3bTotal Earnings: €12.9bTotal Revenue: €75.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Banks Industry Price to Earnings3Y Average 7.6x202020212022
Current Industry PE
  • Investors are pessimistic on the Spanish Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 6.7x which is lower than its 3-year average PE of 7.6x.
  • The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 12% 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 industry?

ES Market-0.24%
Financials0.93%
Banks1.24%
Diversified Banks1.24%
Regional Banks0%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 7.6x.
    • Analysts are expecting annual earnings growth of 3.0%, which is lower than the prior year's growth of 46.3% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 7.6x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 3.0% over the next 5 years.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 3.0% 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€2.852.3%
+€1.1b
2.1%PB0.5x
BBVA Banco Bilbao Vizcaya Argentaria€5.610.6%
+€189.9m
17.6%PB0.7x
SAB Banco de Sabadell€0.892.7%
+€130.7m
48.6%PB0.4x
CABK CaixaBank€3.560.3%
+€86.5m
53.4%PB0.8x
UNI Unicaja Banco€0.990.2%
+€4.0m
23.1%PB0.4x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

BKT

€6.29

Bankinter

7D

-0.1%

1Y

43.4%

BBVA

€5.61

Banco Bilbao Vizcaya Argentaria

7D

0.6%

1Y

17.6%

CABK

€3.56

CaixaBank

7D

0.3%

1Y

53.4%

SAN

€2.85

Banco Santander

7D

2.3%

1Y

2.1%

UNI

€0.99

Unicaja Banco

7D

0.2%

1Y

23.1%

SAB

€0.89

Banco de Sabadell

7D

2.7%

1Y

48.6%