Have your own idea? Try our Stock Screener
Finnish (OMX) Banks Industry Analysis
UpdatedMay 09, 2026
DataAggregated Company Financials
Companies5
- 7D-2.6%
- 3M-7.1%
- 1Y25.5%
- YTD-5.0%
Over the last 7 days, the Banks industry has dropped 2.6%, driven by a pullback from Nordea Bank Abp of 2.6%. This takes the industry's 12 month performance to a gain of 25%. Looking forward, earnings are forecast to grow by 3.6% annually.
Industry Valuation and Performance
Has the Finnish Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 10 May 2026 | €54.8b | €12.3b | €4.8b | 12.1x | 11.4x | 4.5x |
| Tue, 07 Apr 2026 | €53.6b | €12.2b | €4.9b | 12.9x | 10.9x | 4.4x |
| Thu, 05 Mar 2026 | €56.7b | €12.2b | €4.9b | 13.5x | 11.5x | 4.6x |
| Sat, 31 Jan 2026 | €57.8b | €12.4b | €5.0b | 13x | 11.6x | 4.6x |
| Mon, 29 Dec 2025 | €56.7b | €12.4b | €4.9b | 12.1x | 11.5x | 4.6x |
| Wed, 26 Nov 2025 | €53.4b | €12.4b | €4.9b | 11.7x | 10.8x | 4.3x |
| Fri, 24 Oct 2025 | €52.4b | €12.4b | €5.0b | 11.2x | 10.6x | 4.2x |
| Sun, 21 Sep 2025 | €49.5b | €12.4b | €5.0b | 10.7x | 9.9x | 4x |
| Tue, 19 Aug 2025 | €48.3b | €12.4b | €5.0b | 10.5x | 9.7x | 3.9x |
| Thu, 17 Jul 2025 | €44.7b | €12.4b | €5.1b | 9.6x | 8.8x | 3.6x |
| Sat, 14 Jun 2025 | €44.5b | €12.4b | €5.1b | 9.2x | 8.8x | 3.6x |
| Mon, 12 May 2025 | €44.5b | €12.4b | €5.1b | 9.3x | 8.8x | 3.6x |
| Wed, 09 Apr 2025 | €37.8b | €12.5b | €5.2b | 8.1x | 7.2x | 3x |
| Fri, 07 Mar 2025 | €47.0b | €12.5b | €5.2b | 9.5x | 9x | 3.8x |
| Sun, 02 Feb 2025 | €41.7b | €12.6b | €5.3b | 7.6x | 7.9x | 3.3x |
| Tue, 31 Dec 2024 | €38.2b | €12.6b | €5.2b | 7.1x | 7.3x | 3x |
| Thu, 28 Nov 2024 | €38.5b | €12.6b | €5.2b | 7.1x | 7.4x | 3.1x |
| Sat, 26 Oct 2024 | €39.6b | €12.6b | €5.2b | 7.2x | 7.5x | 3.2x |
| Mon, 23 Sep 2024 | €1.6b | €707.0m | €239.1m | 6.8x | 6.8x | 2.3x |
| Wed, 21 Aug 2024 | €1.7b | €707.0m | €239.1m | 7x | 7x | 2.4x |
| Fri, 19 Jul 2024 | €1.6b | €729.0m | €260.7m | 7.2x | 6.3x | 2.3x |
| Sun, 16 Jun 2024 | €1.7b | €729.0m | €260.7m | 7.2x | 6.6x | 2.3x |
| Tue, 14 May 2024 | €1.8b | €729.0m | €260.7m | 7.6x | 6.8x | 2.4x |
| Thu, 11 Apr 2024 | €1.9b | €713.4m | €242.9m | 8x | 7.9x | 2.7x |
| Sat, 09 Mar 2024 | €1.9b | €715.2m | €242.9m | 8.1x | 8x | 2.7x |
| Mon, 05 Feb 2024 | €2.0b | €572.0m | €157.0m | 13.4x | 13x | 3.6x |
| Wed, 03 Jan 2024 | €1.9b | €572.0m | €157.0m | 11.6x | 12.1x | 3.3x |
| Fri, 01 Dec 2023 | €1.8b | €572.0m | €157.0m | 11.7x | 11.4x | 3.1x |
| Sun, 29 Oct 2023 | €1.8b | €546.2m | €138.9m | 12x | 13.2x | 3.4x |
| Tue, 26 Sep 2023 | €1.9b | €537.2m | €132.6m | 14.6x | 14.1x | 3.5x |
| Thu, 24 Aug 2023 | €1.9b | €537.2m | €132.6m | 14.4x | 14.1x | 3.5x |
| Sat, 22 Jul 2023 | €1.9b | €524.1m | €124.6m | 15x | 15.2x | 3.6x |
| Mon, 19 Jun 2023 | €1.9b | €517.3m | €121.7m | 15.6x | 15.5x | 3.6x |
| Wed, 17 May 2023 | €1.8b | €517.3m | €121.7m | 16.4x | 15.1x | 3.5x |
Price to Earnings Ratio
15.1x
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 11.4x which is higher than its 3-year average PE of 10.0x.
- The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 4.5x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 241% per year over the last three years.
- Revenues for these companies have grown 187% 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 Market | -1.37% | |
| Financials | -1.88% | |
| Banks | -2.58% | |
| Regional Banks | 1.28% | |
| Diversified Banks | -2.67% | |
Industry PE
- Investors are most optimistic about the Regional Banks industry which is trading above its 3-year average PE ratio of 10.5x.
- Analysts are expecting annual earnings growth of 2.9%, which is higher than its past year's earnings decline of 40.2% per year.
- Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 11.8x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 3.6% over the next 5 years.
- This is better than its past earnings decline of 1.3% per year.
- In contrast, the Regional Banks industry is expected to see its earnings grow by 2.9% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AKTIA Aktia Pankki Oyj | €11.26 | 3.5% +€29.0m | 18.4% | PB1x | |
| ALISA Alisa Pankki Oyj | €0.15 | 0.7% +€150.0k | -21.9% | PB0.6x |