Narrative Update • May 21

Over the last 7 days, the Diversified Banks industry has risen 2.0%, driven by gains from every company within the industry. This means that the industry has gained 43% over the past year. 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 |
|---|---|---|---|---|---|---|
| Sat, 23 May 2026 | €374.4b | €104.4b | €31.4b | 11.8x | 11.9x | 3.6x |
| Mon, 20 Apr 2026 | €386.6b | €102.9b | €30.6b | 12.9x | 12.6x | 3.8x |
| Wed, 18 Mar 2026 | €344.4b | €102.9b | €30.6b | 11.2x | 11.2x | 3.3x |
| Fri, 13 Feb 2026 | €371.8b | €105.5b | €33.2b | 11.3x | 11.2x | 3.5x |
| Sun, 11 Jan 2026 | €376.9b | €107.9b | €32.0b | 11.7x | 11.8x | 3.5x |
| Tue, 09 Dec 2025 | €354.1b | €107.9b | €32.0b | 10.9x | 11.1x | 3.3x |
| Thu, 06 Nov 2025 | €331.4b | €108.0b | €32.1b | 10.2x | 10.3x | 3.1x |
| Sat, 04 Oct 2025 | €323.0b | €107.4b | €32.0b | 10x | 10.1x | 3x |
| Mon, 01 Sep 2025 | €305.3b | €107.4b | €32.0b | 9.8x | 9.5x | 2.8x |
| Wed, 30 Jul 2025 | €282.7b | €108.3b | €32.1b | 9.3x | 8.8x | 2.6x |
| Fri, 27 Jun 2025 | €256.6b | €108.3b | €32.2b | 8.2x | 8x | 2.4x |
| Sun, 25 May 2025 | €263.4b | €108.3b | €32.2b | 8.1x | 8.2x | 2.4x |
| Tue, 22 Apr 2025 | €231.4b | €107.4b | €30.4b | 7.6x | 7.6x | 2.2x |
| Thu, 20 Mar 2025 | €258.9b | €107.4b | €30.4b | 8.5x | 8.5x | 2.4x |
| Sat, 15 Feb 2025 | €227.1b | €107.0b | €31.0b | 7.4x | 7.3x | 2.1x |
| Mon, 13 Jan 2025 | €184.8b | €53.4b | €17.2b | 8x | 10.7x | 3.5x |
| Wed, 11 Dec 2024 | €185.3b | €101.1b | €29.0b | 7.2x | 6.4x | 1.8x |
| Fri, 08 Nov 2024 | €183.2b | €101.1b | €29.0b | 6.8x | 6.3x | 1.8x |
| Sun, 06 Oct 2024 | €182.2b | €100.1b | €27.9b | 6.9x | 6.5x | 1.8x |
| Tue, 03 Sep 2024 | €184.7b | €100.1b | €27.9b | 7.5x | 6.6x | 1.8x |
| Thu, 01 Aug 2024 | €185.3b | €98.7b | €26.7b | 7.7x | 6.9x | 1.9x |
| Sat, 29 Jun 2024 | €175.8b | €97.2b | €26.1b | 7.6x | 6.7x | 1.8x |
| Mon, 27 May 2024 | €189.9b | €97.2b | €26.1b | 7.9x | 7.3x | 2x |
| Wed, 24 Apr 2024 | €188.2b | €93.6b | €25.1b | 7.8x | 7.5x | 2x |
| Fri, 22 Mar 2024 | €179.5b | €93.5b | €25.1b | 7.5x | 7.2x | 1.9x |
| Sun, 18 Feb 2024 | €152.1b | €93.7b | €25.5b | 6.2x | 6x | 1.6x |
| Tue, 16 Jan 2024 | €151.3b | €90.9b | €23.7b | 6.6x | 6.4x | 1.7x |
| Thu, 14 Dec 2023 | €153.9b | €90.9b | €23.7b | 6.6x | 6.5x | 1.7x |
| Sat, 11 Nov 2023 | €147.8b | €90.9b | €23.7b | 6.5x | 6.2x | 1.6x |
| Mon, 09 Oct 2023 | €147.0b | €88.5b | €21.8b | 7.4x | 6.7x | 1.7x |
| Wed, 06 Sep 2023 | €140.5b | €88.5b | €21.8b | 7.1x | 6.4x | 1.6x |
| Fri, 04 Aug 2023 | €141.0b | €88.6b | €21.8b | 7.3x | 6.5x | 1.6x |
| Sun, 02 Jul 2023 | €138.6b | €85.3b | €20.4b | 7.9x | 6.8x | 1.6x |
| Tue, 30 May 2023 | €128.8b | €85.3b | €20.4b | 7.5x | 6.3x | 1.5x |
6.3x
How does Spanish Diversified Banks compare with similar industries?
| ES Market | 1.85% | |
| Financials | 2.70% | |
| Banks | 2.85% | |
| Diversified Banks | 2.85% | |
| Regional Banks | 0% | 0 |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SAN Banco Santander | €10.43 | 2.4% +€3.5b | 49.6% | PB1.4x | |
| CABK CaixaBank | €11.43 | 4.3% +€3.3b | 52.9% | PB2.2x | |
| BBVA Banco Bilbao Vizcaya Argentaria | €19.30 | 2.2% +€2.2b | 45.5% | PB1.9x | |
| SAB Banco de Sabadell | €3.40 | 4.0% +€659.7m | 23.2% | PB1.2x | |
| BKT Bankinter | €14.02 | 2.4% +€292.1m | 21.5% | PB1.9x |