Header cover image

U.K. (FTSE) Banks Industry Analysis

UpdatedApr 27, 2024
DataAggregated Company Financials
Companies12
  • 7D3.8%
  • 3M14.5%
  • 1Y14.6%
  • YTD9.8%

In the last week, the Banks industry is up 2.8%, with HSBC Holdings leading the way, up 2.4%. This means that the industry has gained 12% over the past year. In the next few years earnings are forecast to be pretty stable.

Industry Valuation and Performance

Has the U.K. Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 27 Apr 2024UK£213.8bUK£97.8bUK£31.8b6x6.7x2.2x
Mon, 25 Mar 2024UK£230.1bUK£121.4bUK£36.6b5.2x6.3x1.9x
Wed, 21 Feb 2024UK£195.9bUK£106.8bUK£36.7b5.4x5.3x1.8x
Fri, 19 Jan 2024UK£186.9bUK£109.5bUK£37.5b5.2x5x1.7x
Sun, 17 Dec 2023UK£193.8bUK£109.5bUK£37.5b5.4x5.2x1.8x
Tue, 14 Nov 2023UK£190.5bUK£111.2bUK£38.2b5.2x5x1.7x
Thu, 12 Oct 2023UK£211.8bUK£104.3bUK£34.6b5.2x6.1x2x
Sat, 09 Sep 2023UK£192.0bUK£103.5bUK£34.4b5.2x5.6x1.9x
Mon, 07 Aug 2023UK£207.3bUK£101.8bUK£33.7b5.2x6.2x2x
Wed, 05 Jul 2023UK£225.5bUK£120.1bUK£37.7b5.3x6x1.9x
Fri, 02 Jun 2023UK£221.9bUK£124.5bUK£38.0b5.7x5.8x1.8x
Sun, 30 Apr 2023UK£226.1bUK£116.2bUK£31.2b6.1x7.3x1.9x
Tue, 28 Mar 2023UK£214.6bUK£116.0bUK£30.5b5.2x7x1.8x
Thu, 23 Feb 2023UK£247.2bUK£116.6bUK£31.4b5.5x7.9x2.1x
Sat, 21 Jan 2023UK£211.0bUK£86.9bUK£21.5b7x9.8x2.4x
Mon, 19 Dec 2022UK£182.0bUK£87.9bUK£21.7b6.5x8.4x2.1x
Wed, 16 Nov 2022UK£175.8bUK£89.3bUK£22.1b5.7x8x2x
Fri, 14 Oct 2022UK£265.8bUK£93.3bUK£24.1b5.1x11x2.8x
Sun, 11 Sep 2022UK£189.0bUK£92.2bUK£23.9b6.3x7.9x2x
Tue, 09 Aug 2022UK£193.7bUK£89.7bUK£23.1b6.7x8.4x2.2x
Thu, 07 Jul 2022UK£203.8bUK£114.2bUK£28.6b4.4x7.1x1.8x
Sat, 04 Jun 2022UK£215.7bUK£111.6bUK£28.0b4.6x7.7x1.9x
Mon, 02 May 2022UK£205.2bUK£110.8bUK£27.6b6.2x7.4x1.9x
Wed, 30 Mar 2022UK£215.5bUK£108.1bUK£27.9b6.6x7.7x2x
Fri, 25 Feb 2022UK£220.9bUK£106.2bUK£27.9b6.1x7.9x2.1x
Sun, 23 Jan 2022UK£237.0bUK£104.2bUK£25.7b6.7x9.2x2.3x
Tue, 21 Dec 2021UK£215.6bUK£105.5bUK£26.0b6.1x8.3x2x
Thu, 18 Nov 2021UK£237.9bUK£113.5bUK£28.7b6.3x8.3x2.1x
Sat, 16 Oct 2021UK£238.4bUK£109.0bUK£23.3b7.3x10.2x2.2x
Mon, 13 Sep 2021UK£216.7bUK£108.3bUK£23.0b6.7x9.4x2x
Wed, 11 Aug 2021UK£228.2bUK£108.3bUK£23.0b7x9.9x2.1x
Sun, 06 Jun 2021UK£233.9bUK£94.5bUK£11.8b15.9x19.8x2.5x
Price to Earnings Ratio

19x


Total Market Cap: UK£223.6bTotal Earnings: UK£11.8bTotal Revenue: UK£94.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Banks Industry Price to Earnings3Y Average 8.7x202220232024
Current Industry PE
  • Investors are pessimistic on the British 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 6.6x which is lower than its 3-year average PE of 8.7x.
  • The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 40% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the U.K. Financials industry?

GB Market2.84%
Financials2.23%
Banks3.84%
Regional Banks6.89%
Diversified Banks3.84%
Industry PE
  • Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 20.8x.
    • Analysts are expecting annual earnings growth of 40.9% and investors are willing to pay a premium for that growth.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 8.6x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 41% over the next 5 years.
  • 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
HSBA HSBC HoldingsUK£6.642.7%
+UK£3.2b		15.7%PB0.8x
BARC BarclaysUK£2.0410.0%
+UK£2.7b		27.8%PB0.4x
NWG NatWest GroupUK£3.0711.1%
+UK£2.7b		17.3%PB0.7x
LLOY Lloyds Banking GroupUK£0.522.7%
+UK£948.4m		8.5%PB0.7x
STAN Standard CharteredUK£6.812.2%
+UK£342.2m		8.4%PB0.5x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

HSBK

US$18.62

Halyk Bank of Kazakhstan

7D

6.6%

1Y

39.0%

NWG

UK£3.07

NatWest Group

7D

11.1%

1Y

17.3%

BGEO

UK£53.60

Bank of Georgia Group

7D

10.9%

1Y

81.1%

BARC

UK£2.04

Barclays

7D

10.0%

1Y

27.8%

LLOY

UK£0.52

Lloyds Banking Group

7D

2.7%

1Y

8.5%

STB

UK£6.86

Secure Trust Bank

7D

-4.2%

1Y

7.2%

TBCG

UK£34.50

TBC Bank Group

7D

12.6%

1Y

46.5%

STAN

UK£6.81

Standard Chartered

7D

2.2%

1Y

8.4%

Here's Why Standard Chartered (LON:STAN) Has Caught The Eye Of Investors

Apr 14
Here's Why Standard Chartered (LON:STAN) Has Caught The Eye Of Investors

HSBA

UK£6.64

HSBC Holdings

7D

2.7%

1Y

15.7%