Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.K. (FTSE) Diversified Banks Industry Analysis

UpdatedMay 21, 2026
DataAggregated Company Financials
Companies11
  • 7D2.5%
  • 3M2.1%
  • 1Y42.3%
  • YTDn/a

The Diversified Banks industry has gained 1.2% in the last week and HSBC Holdings up 0.6%. In the last 12 months, the industry was up 38%. Earnings are forecast to grow by 9.8% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 May 2026UK£456.5bUK£132.2bUK£39.0b7.9x11.7x3.5x
Sat, 18 Apr 2026UK£466.4bUK£130.0bUK£38.0b8.7x12.3x3.6x
Mon, 16 Mar 2026UK£406.3bUK£131.3bUK£38.4b8.4x10.6x3.1x
Wed, 11 Feb 2026UK£455.1bUK£124.0bUK£33.9b10.1x13.4x3.7x
Fri, 09 Jan 2026UK£437.8bUK£124.3bUK£33.4b10.2x13.1x3.5x
Sun, 07 Dec 2025UK£399.0bUK£124.7bUK£33.5b9.2x11.9x3.2x
Tue, 04 Nov 2025UK£389.6bUK£125.3bUK£33.6b9x11.6x3.1x
Thu, 02 Oct 2025UK£372.9bUK£121.0bUK£34.3b8.9x10.9x3.1x
Sat, 30 Aug 2025UK£347.9bUK£121.2bUK£34.3b8.7x10.1x2.9x
Mon, 28 Jul 2025UK£350.3bUK£121.1bUK£34.6b9.1x10.1x2.9x
Wed, 25 Jun 2025UK£328.2bUK£120.2bUK£34.2b7.9x9.6x2.7x
Fri, 23 May 2025UK£329.5bUK£121.2bUK£34.5b7.8x9.5x2.7x
Sun, 20 Apr 2025UK£293.0bUK£122.5bUK£36.4b7.1x8.1x2.4x
Tue, 18 Mar 2025UK£315.7bUK£123.6bUK£36.9b6.7x8.6x2.6x
Thu, 13 Feb 2025UK£311.4bUK£123.2bUK£37.2b6.2x8.4x2.5x
Sat, 11 Jan 2025UK£274.2bUK£124.2bUK£37.6b4.7x7.3x2.2x
Mon, 09 Dec 2024UK£268.2bUK£121.7bUK£36.7b4.9x7.3x2.2x
Wed, 06 Nov 2024UK£261.4bUK£120.1bUK£36.1b4.9x7.2x2.2x
Fri, 04 Oct 2024UK£213.6bUK£95.3bUK£30.4b6.1x7x2.2x
Sun, 01 Sep 2024UK£217.4bUK£96.9bUK£30.7b6.2x7.1x2.2x
Tue, 30 Jul 2024UK£221.6bUK£96.4bUK£31.2b6.1x7.1x2.3x
Thu, 27 Jun 2024UK£216.9bUK£97.1bUK£31.6b5.6x6.9x2.2x
Sat, 25 May 2024UK£221.2bUK£96.6bUK£31.2b5.8x7.1x2.3x
Mon, 22 Apr 2024UK£233.6bUK£122.0bUK£37.0b5.3x6.3x1.9x
Wed, 20 Mar 2024UK£221.2bUK£120.1bUK£36.3b6.3x6.1x1.8x
Fri, 16 Feb 2024UK£189.2bUK£106.7bUK£36.9b5x5.1x1.8x
Sun, 14 Jan 2024UK£193.9bUK£108.7bUK£37.4b5.2x5.2x1.8x
Tue, 12 Dec 2023UK£198.5bUK£109.6bUK£37.7b5.2x5.3x1.8x
Thu, 09 Nov 2023UK£190.1bUK£110.4bUK£38.1b4.9x5x1.7x
Sat, 07 Oct 2023UK£204.1bUK£104.0bUK£34.7b5x5.9x2x
Mon, 04 Sep 2023UK£195.1bUK£102.5bUK£34.2b5.1x5.7x1.9x
Wed, 02 Aug 2023UK£211.9bUK£96.5bUK£32.6b5.2x6.5x2.2x
Fri, 30 Jun 2023UK£224.9bUK£120.1bUK£37.9b5.2x5.9x1.9x
Sun, 28 May 2023UK£228.9bUK£124.3bUK£38.3b5.6x6x1.8x
Price to Earnings Ratio

6x


Total Market Cap: UK£228.9bTotal Earnings: UK£38.3bTotal Revenue: UK£124.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Diversified Banks Industry Price to Earnings3Y Average 8.2x202420252026
Current Industry PE
  • Investors are optimistic on the British Diversified 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 8.2x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 2.1% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Comparison

How does U.K. Diversified Banks compare with similar industries?

GB Market0.52%
Financials1.94%
Banks2.52%
Diversified Banks2.52%
Regional Banks1.92%
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?

CompanyLast Price7D1YValuation
HSBA HSBC HoldingsUK£13.601.6%
+UK£3.6b		53.7%PB1.6x
LLOY Lloyds Banking GroupUK£1.005.0%
+UK£2.7b		28.1%PB1.2x
BARC BarclaysUK£4.414.3%
+UK£2.4b		34.3%PB0.8x
NWG NatWest GroupUK£5.833.4%
+UK£1.5b		12.2%PB1.1x
STAN Standard CharteredUK£19.282.2%
+UK£861.2m		65.8%PB1.1x

Latest News

STAN
UK£19.28
Standard Chartered
7D
2.2%
1Y
65.8%
HSBK
US$31.45
Halyk Bank of Kazakhstan
7D
-4.7%
1Y
30.0%
NWG
UK£5.83
NatWest Group
7D
3.4%
1Y
12.2%
HSBA
UK£13.60
HSBC Holdings
7D
1.6%
1Y
53.7%
LLOY
UK£1.00
Lloyds Banking Group
7D
5.0%
1Y
28.1%
BARC
UK£4.41
Barclays
7D
4.3%
1Y
34.3%
BGEO
UK£110.20
Lion Finance Group
7D
2.4%
1Y
69.7%
Narrative Update • May 16

BGEO: Index Inclusion And Capital Returns Will Support Higher Future Valuation Multiple

Analysts have lifted their price target on Lion Finance Group to £13,100 from £10,700, citing updated assumptions on discount rates, revenue growth, profit margins and future P/E multiples. Analyst Commentary Recent Street research on Lion Finance Group points to a more optimistic stance on the stock, with bullish analysts revisiting their assumptions on discount rates, revenue, margins and future P/E multiples.
TBCG
UK£45.06
TBC Bank Group
7D
1.8%
1Y
0.02%
Narrative Update • May 15

TBCG: Dividend Continuity And Leadership Transition Will Support Future Upside

Analysts have trimmed their fair value estimate for TBC Bank Group from £55.35 to £54.78, reflecting updated assumptions on the discount rate, revenue growth, profit margin and future P/E multiples. What's in the News TBC Bank Group PLC plans to appoint Guy Stevens as Group Chief Financial Officer, effective 13 July 2026.
CBG
UK£4.60
Close Brothers Group
7D
6.0%
1Y
28.8%
Narrative Update • Apr 26

CBG: Lower Discount Rate And Sustainable Margins Will Support Higher Earnings Multiple

Analysts have lifted their price target on Close Brothers Group, citing a slightly lower discount rate and marginally adjusted assumptions around revenue growth, profit margins and future P/E that together point to a modestly higher implied equity value in £ terms. Analyst Commentary Recent research under the banner of “Close Brothers just upgraded at UBS, here's why” gives a clearer view of what is driving the higher implied equity value and where risks still sit for Close Brothers Group.