Narrative Update • May 21

In the last week, the Diversified Banks industry is up 6.3%, with all of the companies up. In the last 12 months, the industry was up 50%. 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 |
|---|---|---|---|---|---|---|
| Wed, 27 May 2026 | €387.8b | €104.4b | €31.4b | 12.1x | 12.3x | 3.7x |
| Fri, 24 Apr 2026 | €362.2b | €102.9b | €30.6b | 12.1x | 11.8x | 3.5x |
| Sun, 22 Mar 2026 | €337.5b | €102.9b | €30.6b | 11x | 11x | 3.3x |
| Tue, 17 Feb 2026 | €366.1b | €105.5b | €33.2b | 11x | 11x | 3.5x |
| Thu, 15 Jan 2026 | €385.8b | €107.9b | €32.0b | 12x | 12.1x | 3.6x |
| Sat, 13 Dec 2025 | €357.4b | €107.9b | €32.0b | 11.1x | 11.2x | 3.3x |
| Mon, 10 Nov 2025 | €329.1b | €108.0b | €32.1b | 10.1x | 10.3x | 3x |
| Wed, 08 Oct 2025 | €317.2b | €107.4b | €32.0b | 9.9x | 9.9x | 3x |
| Fri, 05 Sep 2025 | €308.3b | €107.4b | €32.0b | 9.7x | 9.6x | 2.9x |
| Sun, 03 Aug 2025 | €280.4b | €106.8b | €32.1b | 9x | 8.7x | 2.6x |
| Tue, 01 Jul 2025 | €261.6b | €108.3b | €32.2b | 8.4x | 8.1x | 2.4x |
| Thu, 29 May 2025 | €264.1b | €108.3b | €32.2b | 8.2x | 8.2x | 2.4x |
| Sat, 26 Apr 2025 | €243.7b | €107.4b | €30.4b | 8.1x | 8x | 2.3x |
| Mon, 24 Mar 2025 | €253.2b | €107.4b | €30.4b | 8.4x | 8.3x | 2.4x |
| Wed, 19 Feb 2025 | €234.1b | €107.0b | €31.0b | 7.7x | 7.5x | 2.2x |
| Fri, 17 Jan 2025 | €189.8b | €101.1b | €28.9b | 7.7x | 6.6x | 1.9x |
| Sun, 15 Dec 2024 | €185.0b | €101.1b | €29.0b | 7.2x | 6.4x | 1.8x |
| Tue, 12 Nov 2024 | €181.3b | €101.1b | €29.0b | 6.7x | 6.3x | 1.8x |
| Thu, 10 Oct 2024 | €181.4b | €100.1b | €27.9b | 6.9x | 6.5x | 1.8x |
| Sat, 07 Sep 2024 | €176.2b | €100.1b | €27.9b | 7.1x | 6.3x | 1.8x |
| Mon, 05 Aug 2024 | €168.4b | €100.1b | €27.9b | 6.8x | 6x | 1.7x |
| Wed, 03 Jul 2024 | €181.0b | €97.2b | €26.1b | 7.6x | 6.9x | 1.9x |
| Fri, 31 May 2024 | €191.8b | €97.2b | €26.1b | 8.1x | 7.4x | 2x |
| Sun, 28 Apr 2024 | €193.9b | €93.7b | €25.2b | 8x | 7.7x | 2.1x |
| Tue, 26 Mar 2024 | €182.4b | €93.5b | €25.1b | 7.6x | 7.3x | 2x |
| Thu, 22 Feb 2024 | €157.0b | €93.7b | €25.5b | 6.4x | 6.2x | 1.7x |
| Sat, 20 Jan 2024 | €147.8b | €90.9b | €23.7b | 6.4x | 6.2x | 1.6x |
| Mon, 18 Dec 2023 | €150.4b | €90.9b | €23.7b | 6.4x | 6.3x | 1.7x |
| Wed, 15 Nov 2023 | €151.9b | €90.9b | €23.7b | 6.8x | 6.4x | 1.7x |
| Fri, 13 Oct 2023 | €147.3b | €88.5b | €21.8b | 7.4x | 6.8x | 1.7x |
| Sun, 10 Sep 2023 | €137.0b | €88.5b | €21.8b | 7x | 6.3x | 1.5x |
| Tue, 08 Aug 2023 | €142.8b | €88.5b | €21.8b | 7.3x | 6.6x | 1.6x |
| Thu, 06 Jul 2023 | €137.0b | €85.3b | €20.4b | 8.1x | 6.7x | 1.6x |
| Sat, 03 Jun 2023 | €131.2b | €85.3b | €20.4b | 7.6x | 6.4x | 1.5x |
6.4x
How does Spanish Diversified Banks compare with similar industries?
| ES Market | 3.13% | |
| Financials | 6.02% | |
| Banks | 6.32% | |
| Diversified Banks | 6.32% | |
| Regional Banks | 0% | 0 |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SAN Banco Santander | €10.68 | 4.6% +€6.8b | 50.3% | PB1.5x | |
| BBVA Banco Bilbao Vizcaya Argentaria | €19.94 | 6.3% +€6.6b | 47.2% | PB2x | |
| CABK CaixaBank | €11.57 | 5.3% +€4.1b | 54.0% | PB2.2x | |
| SAB Banco de Sabadell | €3.44 | 6.2% +€999.6m | 22.7% | PB1.2x | |
| BKT Bankinter | €14.21 | 3.7% +€453.8m | 24.5% | PB2x |