Narrative Update • Apr 28

The Diversified Banks industry is up 1.6% in the last week, with Banco Santander up 1.9%. This takes the industry's 12 month performance to a gain of 56%. Earnings are forecast to grow by 11% annually.
Has the Spanish Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 08 May 2026 | €370.7b | €104.4b | €31.4b | 11.8x | 11.8x | 3.5x |
| Sun, 05 Apr 2026 | €353.9b | €102.9b | €30.6b | 11.5x | 11.6x | 3.4x |
| Tue, 03 Mar 2026 | €377.9b | €102.9b | €30.6b | 12.3x | 12.3x | 3.7x |
| Thu, 29 Jan 2026 | €385.3b | €107.9b | €32.0b | 11.8x | 12x | 3.6x |
| Sat, 27 Dec 2025 | €367.0b | €107.9b | €32.0b | 11.4x | 11.5x | 3.4x |
| Mon, 24 Nov 2025 | €330.3b | €107.9b | €32.0b | 10.2x | 10.3x | 3.1x |
| Wed, 22 Oct 2025 | €321.2b | €107.4b | €32.0b | 9.9x | 10x | 3x |
| Fri, 19 Sep 2025 | €314.9b | €107.4b | €32.0b | 9.9x | 9.8x | 2.9x |
| Sun, 17 Aug 2025 | €315.7b | €107.4b | €32.0b | 9.9x | 9.9x | 2.9x |
| Tue, 15 Jul 2025 | €266.9b | €108.3b | €32.2b | 8.6x | 8.3x | 2.5x |
| Thu, 12 Jun 2025 | €262.3b | €108.3b | €32.2b | 8.2x | 8.1x | 2.4x |
| Sat, 10 May 2025 | €253.3b | €108.2b | €32.2b | 7.7x | 7.9x | 2.3x |
| Mon, 07 Apr 2025 | €216.9b | €107.4b | €30.4b | 7.1x | 7.1x | 2x |
| Wed, 05 Mar 2025 | €233.4b | €105.8b | €30.4b | 7.7x | 7.7x | 2.2x |
| Fri, 31 Jan 2025 | €201.3b | €99.3b | €28.3b | 8.2x | 7.1x | 2x |
| Sun, 29 Dec 2024 | €178.1b | €101.1b | €29.0b | 7x | 6.1x | 1.8x |
| Tue, 26 Nov 2024 | €177.6b | €101.1b | €29.0b | 6.9x | 6.1x | 1.8x |
| Thu, 24 Oct 2024 | €182.6b | €100.1b | €27.9b | 6.9x | 6.5x | 1.8x |
| Sat, 21 Sep 2024 | €187.2b | €100.1b | €27.9b | 7.4x | 6.7x | 1.9x |
| Mon, 19 Aug 2024 | €177.1b | €100.1b | €27.9b | 7.2x | 6.3x | 1.8x |
| Wed, 17 Jul 2024 | €184.2b | €97.2b | €26.1b | 8x | 7.1x | 1.9x |
| Fri, 14 Jun 2024 | €182.9b | €97.2b | €26.1b | 7.5x | 7x | 1.9x |
| Sun, 12 May 2024 | €185.8b | €97.1b | €26.0b | 7.7x | 7.1x | 1.9x |
| Tue, 09 Apr 2024 | €185.6b | €93.5b | €25.1b | 7.8x | 7.4x | 2x |
| Thu, 07 Mar 2024 | €163.6b | €93.5b | €25.1b | 6.9x | 6.5x | 1.7x |
| Sat, 03 Feb 2024 | €155.0b | €91.7b | €26.1b | 6x | 5.9x | 1.7x |
| Mon, 01 Jan 2024 | €149.5b | €90.9b | €23.7b | 6.4x | 6.3x | 1.6x |
| Wed, 29 Nov 2023 | €157.8b | €90.9b | €23.7b | 7.1x | 6.7x | 1.7x |
| Fri, 27 Oct 2023 | €142.8b | €88.5b | €21.8b | 7.4x | 6.6x | 1.6x |
| Sun, 24 Sep 2023 | €142.5b | €88.5b | €21.8b | 7.3x | 6.5x | 1.6x |
| Tue, 22 Aug 2023 | €142.2b | €88.5b | €21.8b | 7.4x | 6.5x | 1.6x |
| Thu, 20 Jul 2023 | €142.0b | €85.3b | €20.4b | 8.4x | 7x | 1.7x |
| Sat, 17 Jun 2023 | €134.1b | €85.3b | €20.4b | 7.9x | 6.6x | 1.6x |
| Mon, 15 May 2023 | €127.8b | €85.0b | €20.4b | 7.4x | 6.3x | 1.5x |
6.3x
How does Spanish Diversified Banks compare with similar industries?
| ES Market | 2.31% | |
| Financials | 1.55% | |
| Banks | 1.61% | |
| Diversified Banks | 1.61% | |
| Regional Banks | 0% | 0 |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SAN Banco Santander | €10.58 | 1.9% +€2.9b | 61.3% | PB1.4x | |
| BBVA Banco Bilbao Vizcaya Argentaria | €18.98 | 0.9% +€923.7m | 48.2% | PB1.9x | |
| CABK CaixaBank | €10.94 | 0.9% +€697.0m | 52.7% | PB2.1x | |
| SAB Banco de Sabadell | €3.41 | 3.3% +€539.8m | 28.7% | PB1.2x | |
| UNI Unicaja Banco | €2.78 | 0.7% +€46.2m | 54.0% | PB1x |