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Finnish (OMX) Banks Industry Analysis

UpdatedFeb 08, 2026
DataAggregated Company Financials
Companies5
  • 7D2.5%
  • 3M15.9%
  • 1Y43.7%
  • YTD2.2%

Over the last 7 days, the Banks industry has risen 2.5%, driven by gains from Nordea Bank Abp of 2.5%. In the last 12 months, the industry was up 44%. Looking forward, earnings are forecast to grow by 3.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 08 Feb 2026€59.2b€12.4b€4.9b13.4x12x4.8x
Tue, 06 Jan 2026€58.3b€12.4b€4.9b12.7x11.8x4.7x
Thu, 04 Dec 2025€55.0b€12.4b€4.9b12x11.1x4.5x
Sat, 01 Nov 2025€52.8b€12.4b€5.0b11.4x10.7x4.3x
Mon, 29 Sep 2025€50.7b€12.4b€5.0b10.7x10.1x4.1x
Wed, 27 Aug 2025€47.7b€12.4b€5.0b10.8x9.6x3.8x
Fri, 25 Jul 2025€45.4b€12.4b€5.0b9.8x9.1x3.7x
Sun, 22 Jun 2025€44.1b€12.4b€5.1b9.3x8.7x3.6x
Tue, 20 May 2025€46.3b€12.4b€5.1b9.5x9.1x3.7x
Thu, 17 Apr 2025€41.0b€12.4b€5.1b8.5x8x3.3x
Sat, 15 Mar 2025€47.0b€12.5b€5.2b9.7x9x3.8x
Mon, 10 Feb 2025€42.0b€12.6b€5.3b7.6x8x3.3x
Wed, 08 Jan 2025€40.1b€12.6b€5.2b7.4x7.7x3.2x
Fri, 06 Dec 2024€40.4b€12.6b€5.2b7.3x7.7x3.2x
Sun, 03 Nov 2024€40.1b€12.6b€5.2b7.3x7.7x3.2x
Tue, 01 Oct 2024€1.7b€707.0m€239.1m6.9x7x2.4x
Thu, 29 Aug 2024€1.7b€707.0m€239.1m6.9x7x2.4x
Sat, 27 Jul 2024€1.7b€733.8m€262.0m7.3x6.4x2.3x
Mon, 24 Jun 2024€1.7b€729.0m€260.7m7.3x6.5x2.3x
Wed, 22 May 2024€1.7b€729.0m€260.7m7.4x6.7x2.4x
Fri, 19 Apr 2024€1.8b€713.4m€242.9m7.7x7.3x2.5x
Sun, 17 Mar 2024€1.9b€713.4m€242.9m8x7.9x2.7x
Tue, 13 Feb 2024€2.0b€735.1m€239.2m7.8x8.2x2.7x
Thu, 11 Jan 2024€1.9b€572.0m€157.0m11.8x12.3x3.4x
Sat, 09 Dec 2023€1.8b€572.0m€157.0m11.7x11.7x3.2x
Mon, 06 Nov 2023€1.9b€570.8m€157.0m11.7x11.8x3.3x
Wed, 04 Oct 2023€1.9b€537.2m€132.6m15x14.1x3.5x
Fri, 01 Sep 2023€1.9b€537.2m€132.6m14.6x14.5x3.6x
Sun, 30 Jul 2023€1.9b€524.1m€124.6m15.4x15.5x3.7x
Tue, 27 Jun 2023€1.8b€517.3m€121.7m15.4x14.8x3.5x
Thu, 25 May 2023€1.8b€517.3m€121.7m15.7x14.9x3.5x
Sat, 22 Apr 2023€1.9b€519.0m€133.2m12.8x14x3.6x
Mon, 20 Mar 2023€1.9b€519.0m€133.2m12.9x14.5x3.7x
Wed, 15 Feb 2023€2.0b€511.1m€141.0m13.8x14.2x3.9x
Price to Earnings Ratio

14.2x


Total Market Cap: €2.0bTotal Earnings: €141.0mTotal Revenue: €511.1mTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Banks Industry Price to Earnings3Y Average 10.3x202420252026
Current Industry PE
  • Investors are optimistic on the Finnish Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 12.0x which is higher than its 3-year average PE of 10.3x.
  • The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 4.8x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 227% per year over the last three years.
  • Revenues for these companies have grown 190% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Finnish Financials industry?

FI Market1.63%
Financials1.41%
Banks2.48%
Diversified Banks2.54%
Regional Banks-0.29%
Industry PE
  • Investors are most optimistic about the Regional Banks industry which is trading above its 3-year average PE ratio of 9.4x.
    • Analysts are expecting annual earnings growth of 7.6%, which is higher than its past year's earnings decline of 59.4% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 12.8x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 7.6% over the next 5 years.
  • This is better than its past earnings decline of 59% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 3.4% 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
NDA FI Nordea Bank Abp€16.732.5%
+€1.4b
44.4%PB1.8x
ALBAV Ålandsbanken Abp€53.004.7%
+€36.9m
37.7%PB2.1x
OMASP Oma Säästöpankki Oyj€13.102.2%
+€9.3m
17.4%PB0.7x
ALISA Alisa Pankki Oyj€0.212.4%
+€750.1k
16.0%PB0.9x

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