French (CAC) Banks Industry Analysis
UpdatedAug 04, 2024
DataAggregated Company Financials
Companies17
- 7D-7.3%
- 3M-12.6%
- 1Y-0.1%
- YTD-5.3%
Over the last 7 days, the Banks industry has dropped 7.3%, driven by a pullback from BNP Paribas of 7.4%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 8.4% annually.
Industry Valuation and Performance
Has the French Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 04 Aug 2024 | €132.5b | €98.4b | €18.6b | 6x | 7.1x | 1.3x |
| Tue, 02 Jul 2024 | €136.6b | €97.1b | €18.1b | 6.2x | 7.5x | 1.4x |
| Thu, 30 May 2024 | €151.8b | €97.3b | €18.1b | 7x | 8.4x | 1.6x |
| Sat, 27 Apr 2024 | €149.5b | €96.5b | €16.5b | 6.1x | 9.1x | 1.5x |
| Mon, 25 Mar 2024 | €140.5b | €96.2b | €16.5b | 5.4x | 8.5x | 1.5x |
| Wed, 21 Feb 2024 | €128.1b | €96.0b | €17.2b | 5.8x | 7.4x | 1.3x |
| Fri, 19 Jan 2024 | €137.0b | €110.7b | €20.5b | 5.6x | 6.7x | 1.2x |
| Sun, 17 Dec 2023 | €140.5b | €111.1b | €22.0b | 5.5x | 6.4x | 1.3x |
| Tue, 14 Nov 2023 | €126.9b | €110.4b | €21.3b | 5.6x | 6x | 1.1x |
| Thu, 12 Oct 2023 | €133.7b | €109.6b | €22.5b | 5.5x | 6x | 1.2x |
| Sat, 09 Sep 2023 | €133.4b | €109.8b | €22.6b | 5.5x | 5.9x | 1.2x |
| Mon, 07 Aug 2023 | €136.7b | €110.8b | €23.1b | 4.9x | 5.9x | 1.2x |
| Wed, 05 Jul 2023 | €131.2b | €97.0b | €17.7b | 5.2x | 7.4x | 1.4x |
| Fri, 02 Jun 2023 | €125.6b | €96.9b | €17.7b | 5.1x | 7.1x | 1.3x |
| Sun, 30 Apr 2023 | €132.2b | €96.0b | €17.1b | 4.7x | 7.7x | 1.4x |
| Tue, 28 Mar 2023 | €119.2b | €95.9b | €17.3b | 4.4x | 6.9x | 1.2x |
| Thu, 23 Feb 2023 | €145.0b | €96.0b | €17.3b | 4.6x | 8.4x | 1.5x |
| Sat, 21 Jan 2023 | €136.6b | €98.2b | €18.1b | 4.6x | 7.6x | 1.4x |
| Mon, 19 Dec 2022 | €121.6b | €98.1b | €18.0b | 4x | 6.7x | 1.2x |
| Wed, 16 Nov 2022 | €124.2b | €99.3b | €17.6b | 4.1x | 7x | 1.3x |
| Fri, 14 Oct 2022 | €106.4b | €95.4b | €18.0b | 4.2x | 5.9x | 1.1x |
| Sun, 11 Sep 2022 | €118.1b | €95.3b | €17.9b | 5x | 6.6x | 1.2x |
| Tue, 09 Aug 2022 | €118.1b | €95.1b | €17.8b | 5x | 6.6x | 1.2x |
| Thu, 07 Jul 2022 | €104.5b | €96.6b | €20.4b | 5x | 5.1x | 1.1x |
| Sat, 04 Jun 2022 | €125.5b | €97.0b | €20.4b | 5.4x | 6.1x | 1.3x |
| Mon, 02 May 2022 | €122.3b | €94.5b | €20.6b | 5.7x | 5.9x | 1.3x |
| Wed, 30 Mar 2022 | €133.6b | €94.4b | €20.5b | 5.9x | 6.5x | 1.4x |
| Fri, 25 Feb 2022 | €137.3b | €94.4b | €20.5b | 5.8x | 6.7x | 1.5x |
| Sun, 23 Jan 2022 | €156.1b | €93.6b | €18.0b | 7.3x | 8.7x | 1.7x |
| Tue, 21 Dec 2021 | €140.5b | €93.2b | €18.0b | 6.6x | 7.8x | 1.5x |
| Thu, 18 Nov 2021 | €150.2b | €93.6b | €18.0b | 7.3x | 8.4x | 1.6x |
| Sat, 16 Oct 2021 | €144.0b | €90.3b | €16.3b | 7x | 8.8x | 1.6x |
| Mon, 13 Sep 2021 | €138.5b | €90.2b | €16.3b | 7.4x | 8.5x | 1.5x |
| Wed, 11 Aug 2021 | €140.7b | €89.9b | €16.1b | 8.2x | 8.7x | 1.6x |
Price to Earnings Ratio
8.7x
Current Industry PE
- Investors are relatively neutral on the French Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 7.2x.
- The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 5.0% per year over the last three years.
- Revenues for these companies have grown 3.0% 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 French Financials industry?
| FR Market | -3.46% | |
| Financials | -5.00% | |
| Banks | -7.32% | |
| Regional Banks | -2.12% | |
| Diversified Banks | -7.64% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 7.4x.
- Analysts are expecting annual earnings growth of 8.4%, which is higher than its past year's earnings growth of 7.0% per year.
- Investors are most pessimistic about the Regional Banks industry, which is trading close to its 3-year average of 5.5x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 8.4% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 8.4% 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 | |
|---|---|---|---|---|---|
| CNDF Caisse Régionale de Crédit Agricole Mutuel Nord de France Société coopérative | €12.52 | 1.1% +€7.7m | -3.7% | PB0.1x | |
| CIV Caisse régionale de Crédit Agricole Mutuel d'Ille-et-Vilaine Société coopérative | €59.50 | 0.4% +€1.3m | -1.6% | PB0.2x | |
| CMO Caisse Régionale de Crédit Agricole du Morbihan | €63.99 | 0.3% +€994.6k | -7.9% | PB0.2x |