Narrative Update • Jul 08

Over the last 7 days, the Diversified Banks industry has dropped 1.3%, driven by Banco Santander declining 2.3%. In the past year, the industry has gained 60%. As for the next few years, earnings are expected to grow by 11% per annum.
Has the Spanish Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 11 Jul 2026 | €423.7b | €104.5b | €31.4b | 13.6x | 13.5x | 4.1x |
| Mon, 08 Jun 2026 | €376.1b | €104.4b | €31.4b | 11.9x | 12x | 3.6x |
| Wed, 06 May 2026 | €359.5b | €104.6b | €31.6b | 11.5x | 11.4x | 3.4x |
| Fri, 03 Apr 2026 | €353.9b | €102.9b | €30.6b | 11.5x | 11.6x | 3.4x |
| Sun, 01 Mar 2026 | €377.9b | €102.9b | €30.6b | 12.3x | 12.3x | 3.7x |
| Tue, 27 Jan 2026 | €389.0b | €107.9b | €32.0b | 12x | 12.1x | 3.6x |
| Thu, 25 Dec 2025 | €367.0b | €107.9b | €32.0b | 11.4x | 11.5x | 3.4x |
| Sat, 22 Nov 2025 | €330.3b | €107.9b | €32.0b | 10.2x | 10.3x | 3.1x |
| Mon, 20 Oct 2025 | €312.8b | €107.4b | €32.0b | 9.7x | 9.8x | 2.9x |
| Wed, 17 Sep 2025 | €313.4b | €107.4b | €32.0b | 9.9x | 9.8x | 2.9x |
| Fri, 15 Aug 2025 | €314.7b | €107.4b | €32.0b | 9.9x | 9.8x | 2.9x |
| Sun, 13 Jul 2025 | €265.7b | €108.3b | €32.2b | 8.6x | 8.3x | 2.5x |
| Tue, 10 Jun 2025 | €266.1b | €108.3b | €32.2b | 8.3x | 8.3x | 2.5x |
| Thu, 08 May 2025 | €244.9b | €108.0b | €32.0b | 7.8x | 7.7x | 2.3x |
| Sat, 05 Apr 2025 | €216.9b | €107.4b | €30.4b | 7.1x | 7.1x | 2x |
| Mon, 03 Mar 2025 | €242.3b | €105.8b | €30.4b | 8.1x | 8x | 2.3x |
| Wed, 29 Jan 2025 | €196.1b | €99.3b | €28.3b | 8.1x | 6.9x | 2x |
| Fri, 27 Dec 2024 | €176.1b | €101.1b | €29.0b | 7x | 6.1x | 1.7x |
| Sun, 24 Nov 2024 | €176.9b | €101.1b | €29.0b | 7x | 6.1x | 1.7x |
| Tue, 22 Oct 2024 | €181.5b | €100.1b | €27.9b | 6.9x | 6.5x | 1.8x |
| Thu, 19 Sep 2024 | €183.7b | €100.1b | €27.9b | 7.3x | 6.6x | 1.8x |
| Sat, 17 Aug 2024 | €177.1b | €100.1b | €27.9b | 7.2x | 6.3x | 1.8x |
| Mon, 15 Jul 2024 | €185.3b | €97.2b | €26.1b | 8x | 7.1x | 1.9x |
| Wed, 12 Jun 2024 | €184.7b | €97.2b | €26.1b | 7.8x | 7.1x | 1.9x |
| Fri, 10 May 2024 | €185.9b | €97.1b | €26.0b | 7.6x | 7.2x | 1.9x |
| Sun, 07 Apr 2024 | €185.8b | €93.5b | €25.1b | 7.6x | 7.4x | 2x |
| Tue, 05 Mar 2024 | €160.4b | €93.8b | €25.1b | 6.8x | 6.4x | 1.7x |
| Thu, 01 Feb 2024 | €153.3b | €91.2b | €24.2b | 6.2x | 6.3x | 1.7x |
| Sat, 30 Dec 2023 | €149.5b | €90.9b | €23.7b | 6.4x | 6.3x | 1.6x |
| Mon, 27 Nov 2023 | €156.1b | €90.9b | €23.7b | 7x | 6.6x | 1.7x |
| Wed, 25 Oct 2023 | €141.9b | €88.5b | €21.8b | 7.1x | 6.5x | 1.6x |
| Fri, 22 Sep 2023 | €143.0b | €88.5b | €21.8b | 7.3x | 6.6x | 1.6x |
| Sun, 20 Aug 2023 | €142.2b | €88.5b | €21.8b | 7.3x | 6.5x | 1.6x |
| Tue, 18 Jul 2023 | €141.1b | €85.3b | €20.4b | 8.4x | 6.9x | 1.7x |
6.9x
How does Spanish Diversified Banks compare with similar industries?
| ES Market | -2.39% | |
| Financials | -1.29% | |
| Banks | -1.34% | |
| Diversified Banks | -1.34% | |
| Regional Banks | 0% | 0 |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BKT Bankinter | €15.36 | 1.9% +€251.6m | 35.5% | PB2.1x | |
| SAB Banco de Sabadell | €3.22 | 1.1% +€172.2m | 9.9% | PB1.1x | |
| UNI Unicaja Banco | €3.27 | 1.4% +€118.2m | 59.7% | PB1.2x |