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Finnish (OMX) Banks Industry Analysis

UpdatedAug 14, 2025
DataAggregated Company Financials
Companies5
  • 7D3.8%
  • 3M5.0%
  • 1Y27.5%
  • YTD24.1%

The Banks industry is up 1.7% in the last week, with Nordea Bank Abp up 1.7%. In the last 12 months, the industry was up 25%. Earnings are forecast to be flat in the coming years.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 14 Aug 2025€47.7b€12.4b€5.0b10.4x9.6x3.9x
Sat, 12 Jul 2025€46.4b€12.4b€5.1b9.9x9.2x3.7x
Mon, 09 Jun 2025€45.5b€12.4b€5.1b9.4x9x3.7x
Wed, 07 May 2025€44.1b€12.4b€5.1b9.1x8.7x3.6x
Fri, 04 Apr 2025€41.4b€12.5b€5.2b9.3x7.9x3.3x
Sun, 02 Mar 2025€45.7b€12.5b€5.2b9.4x8.8x3.7x
Tue, 28 Jan 2025€42.0b€12.6b€5.2b7.6x8x3.3x
Thu, 26 Dec 2024€37.5b€12.6b€5.2b6.9x7.2x3x
Sat, 23 Nov 2024€38.7b€12.6b€5.2b7.1x7.4x3.1x
Mon, 21 Oct 2024€40.4b€12.6b€5.2b7.3x7.7x3.2x
Wed, 18 Sep 2024€1.6b€707.0m€239.1m6.9x6.9x2.3x
Fri, 16 Aug 2024€1.7b€707.0m€239.1m7x6.9x2.3x
Sun, 14 Jul 2024€1.7b€729.0m€260.7m7.3x6.3x2.3x
Tue, 11 Jun 2024€1.7b€729.0m€260.7m7.2x6.5x2.3x
Thu, 09 May 2024€1.7b€729.0m€260.7m7.5x6.7x2.4x
Sat, 06 Apr 2024€1.9b€713.4m€242.9m7.9x7.7x2.6x
Mon, 04 Mar 2024€1.9b€715.2m€242.9m8x7.9x2.7x
Wed, 31 Jan 2024€2.0b€572.0m€157.0m11.9x12.6x3.5x
Fri, 29 Dec 2023€1.9b€572.0m€157.0m11.6x11.9x3.3x
Sun, 26 Nov 2023€1.8b€572.0m€157.0m11.7x11.5x3.1x
Tue, 24 Oct 2023€1.9b€537.2m€132.6m14x14x3.4x
Thu, 21 Sep 2023€1.9b€537.2m€132.6m15.1x14.4x3.6x
Sat, 19 Aug 2023€1.9b€532.0m€125.8m14.6x15x3.5x
Mon, 17 Jul 2023€1.9b€517.3m€121.7m16.3x15.4x3.6x
Wed, 14 Jun 2023€1.9b€517.3m€121.7m15.1x15.4x3.6x
Fri, 12 May 2023€1.9b€526.8m€132.2m13.5x14.4x3.6x
Sun, 09 Apr 2023€1.9b€519.0m€133.2m12.9x14.5x3.7x
Tue, 07 Mar 2023€2.0b€567.1m€134.8m14.6x15.2x3.6x
Thu, 02 Feb 2023€2.0b€502.6m€139.3m13.9x14.2x3.9x
Sat, 31 Dec 2022€1.9b€502.6m€139.3m12.9x13.4x3.7x
Mon, 28 Nov 2022€1.9b€502.6m€139.3m12.8x13.4x3.7x
Wed, 26 Oct 2022€1.9b€511.2m€149.5m11.7x12.5x3.6x
Fri, 23 Sep 2022€1.8b€511.2m€149.5m10.9x12.3x3.6x
Sun, 21 Aug 2022€1.8b€512.3m€156.1m11.4x11.8x3.6x
Price to Earnings Ratio

11.8x


Total Market Cap: €1.8bTotal Earnings: €156.1mTotal Revenue: €512.3mTotal Market Cap vs Earnings and Revenue0%0%0%
Finnish Banks Industry Price to Earnings3Y Average 10.6x202320242025
Current Industry PE
  • Investors are pessimistic on the Finnish Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 9.2x which is lower than its 3-year average PE of 10.6x.
  • The 3-year average PS ratio of 3.3x is lower than the industry's current PS ratio of 3.7x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 218% per year over the last three years.
  • Revenues for these companies have grown 189% 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 Market0.93%
Financials1.77%
Banks3.80%
Diversified Banks3.80%
Regional Banks3.59%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 14.2x.
    • Analysts are expecting annual earnings decline of 0.02%, which is less than its past year's earnings decline of 5.1%.
  • Investors are most pessimistic about the Regional Banks industry, which is trading below its 3-year average of 9.5x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 8.5% over the next 5 years.
  • This is better than its past earnings decline of 29% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings growth to stay flat 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€13.363.9%
+€1.7b
28.7%PB1.5x
AKTIA Aktia Pankki Oyj€10.243.3%
+€24.2m
10.5%PB1x
OMASP Oma Säästöpankki Oyj€9.344.2%
+€12.6m
-28.9%PB0.5x
ALISA Alisa Pankki Oyj€0.172.4%
+€600.1k
-1.2%PB0.7x

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