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Finnish (OMX) Diversified Banks Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies2
- 7D-4.1%
- 3M-4.4%
- 1Y-8.1%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has dropped 2.1%, driven by pullbacks from every company within the industry. Overall the industry is down 5.3% in 12 months. As for the next few years, earnings are forecast to decline by 3.4% per annum.
Industry Valuation and Performance
Has the Finnish Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | €36.3b | €12.1b | €5.1b | 8.3x | 7.2x | 3x |
| Mon, 18 Nov 2024 | €38.2b | €12.1b | €5.1b | 8.5x | 7.6x | 3.2x |
| Wed, 16 Oct 2024 | €37.0b | €12.0b | €5.1b | 8.1x | 7.2x | 3.1x |
| Fri, 13 Sep 2024 | €517.7m | €213.4m | €57.4m | 9x | 9x | 2.4x |
| Sun, 11 Aug 2024 | €519.9m | €213.4m | €57.4m | 9.1x | 9.1x | 2.4x |
| Tue, 09 Jul 2024 | €511.4m | €208.6m | €56.1m | 9.2x | 9.1x | 2.5x |
| Thu, 06 Jun 2024 | €517.7m | €208.6m | €56.1m | 9.4x | 9.2x | 2.5x |
| Sat, 04 May 2024 | €508.9m | €208.6m | €56.1m | 9.1x | 9.1x | 2.4x |
| Mon, 01 Apr 2024 | €546.6m | €200.1m | €48.7m | 11.4x | 11.2x | 2.7x |
| Wed, 28 Feb 2024 | €548.0m | €200.1m | €48.7m | 11.4x | 11.3x | 2.7x |
| Fri, 26 Jan 2024 | €494.2m | €209.2m | €37.4m | 11.6x | 13.2x | 2.4x |
| Sun, 24 Dec 2023 | €490.6m | €209.2m | €37.4m | 11.6x | 13.1x | 2.3x |
| Tue, 21 Nov 2023 | €491.4m | €209.2m | €37.4m | 11.7x | 13.1x | 2.3x |
| Thu, 19 Oct 2023 | €529.5m | €200.2m | €31.1m | 14.5x | 17x | 2.6x |
| Sat, 16 Sep 2023 | €538.8m | €200.2m | €31.1m | 14.7x | 17.3x | 2.7x |
| Mon, 14 Aug 2023 | €548.2m | €195.1m | €24.3m | 14.9x | 22.6x | 2.8x |
| Wed, 12 Jul 2023 | €548.8m | €188.3m | €21.4m | 16.3x | 25.7x | 2.9x |
| Fri, 09 Jun 2023 | €33.3m | €14.6m | -€10,585,000.00 | n/a | -3.1x | 2.3x |
| Sun, 07 May 2023 | €543.5m | €188.3m | €21.4m | 16.3x | 25.4x | 2.9x |
| Tue, 04 Apr 2023 | €609.9m | €192.6m | €26.2m | 15.9x | 23.3x | 3.2x |
| Thu, 02 Mar 2023 | €642.6m | €181.5m | €27.8m | 16.6x | 23.1x | 3.5x |
| Sat, 28 Jan 2023 | €595.7m | €182.0m | €27.9m | 15.8x | 21.3x | 3.3x |
| Mon, 26 Dec 2022 | €596.3m | €182.0m | €27.9m | 15.7x | 21.3x | 3.3x |
| Wed, 23 Nov 2022 | €565.9m | €182.0m | €27.9m | 15x | 20.2x | 3.1x |
| Fri, 21 Oct 2022 | €538.3m | €185.3m | €31.2m | 13.3x | 17.2x | 2.9x |
| Sun, 18 Sep 2022 | €560.8m | €185.3m | €31.2m | 13.8x | 17.9x | 3x |
| Tue, 16 Aug 2022 | €514.0m | €186.5m | €37.9m | 12.1x | 13.6x | 2.8x |
| Thu, 14 Jul 2022 | €491.6m | €186.7m | €40.7m | 10.7x | 12.1x | 2.6x |
| Sat, 11 Jun 2022 | €506.5m | €186.7m | €40.7m | 10.9x | 12.5x | 2.7x |
| Mon, 09 May 2022 | €505.4m | €186.7m | €40.7m | 11.1x | 12.4x | 2.7x |
| Wed, 06 Apr 2022 | €544.1m | €171.1m | €39.8m | 13.6x | 13.7x | 3.2x |
| Fri, 04 Mar 2022 | €511.0m | €171.1m | €39.8m | 13x | 12.8x | 3x |
| Sun, 30 Jan 2022 | €535.4m | €168.4m | €41.7m | 12.8x | 12.8x | 3.2x |
| Tue, 28 Dec 2021 | €479.9m | €168.4m | €41.7m | 11.8x | 11.5x | 2.8x |
Price to Earnings Ratio
11.5x
Current Industry PE
- There are only 2 companies in the Finnish Diversified Banks industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 395% per year over the last three years.
- Revenues for these companies have grown 315% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Finnish Diversified Banks compare with similar industries?
| FI Market | -2.40% | |
| Financials | -2.90% | |
| Banks | -3.98% | |
| Diversified Banks | -4.05% | |
| Regional Banks | -1.39% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ALBAV Ålandsbanken Abp | €34.70 | 0.9% +€4.6m | 10.9% | PB1.6x |