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

Investors are more pessimistic on the 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 4.5x which is lower than its 3-year average PE of 9.0x.

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

There is insufficient data on the sub-industries of this industry.

U.K. (FTSE) Diversified Banks Industry Analysis

Date	Market Cap	Revenue	Earnings	PE
Sat, 28 May 2022	UK£211.4b	UK£111.3b	UK£28.4b	4.5x
Mon, 25 Apr 2022	UK£209.1b	UK£109.5b	UK£28.6b	6x
Wed, 23 Mar 2022	UK£217.0b	UK£106.8b	UK£27.9b	6.6x
Fri, 18 Feb 2022	UK£245.2b	UK£103.6b	UK£25.9b	7.4x
Sun, 16 Jan 2022	UK£248.1b	UK£103.3b	UK£25.9b	7.3x
Tue, 14 Dec 2021	UK£211.8b	UK£105.0b	UK£26.2b	6.2x
Thu, 11 Nov 2021	UK£234.6b	UK£113.3b	UK£28.9b	6.2x
Sat, 09 Oct 2021	UK£233.0b	UK£108.8b	UK£23.5b	7.1x
Mon, 06 Sep 2021	UK£220.4b	UK£107.9b	UK£23.2b	6.8x
Wed, 04 Aug 2021	UK£220.9b	UK£107.9b	UK£23.2b	7.1x
Sat, 08 May 2021	UK£223.4b	UK£94.1b	UK£12.0b	14.4x
Tue, 09 Feb 2021	UK£179.3b	UK£88.0b	UK£7.1b	13.5x
Mon, 02 Nov 2020	UK£147.0b	UK£93.3b	UK£5.6b	8.9x
Thu, 06 Aug 2020	UK£148.9b	UK£99.3b	UK£5.8b	8.7x
Sun, 10 May 2020	UK£147.4b	UK£92.0b	UK£12.3b	6.1x
Sat, 01 Feb 2020	UK£251.4b	UK£115.7b	UK£18.7b	9.6x
Tue, 05 Nov 2019	UK£256.3b	UK£116.9b	UK£21.1b	10.3x
Fri, 09 Aug 2019	UK£267.6b	UK£116.6b	UK£25.0b	8.3x


GB Market	1.04%
Financials	1.80%
Banks	4.16%
Diversified Banks	4.16%
Regional Banks	-3.91%

Company	Last Price	7D	1Y	Valuation
HSBA HSBC Holdings	UK£5.32	8.5% +UK£8.3b	16.9%	PB0.8x
BARC Barclays	UK£1.70	11.6% +UK£2.9b	-6.9%	PB0.4x
NWG NatWest Group	UK£2.27	8.0% +UK£1.8b	9.8%	PB0.6x
STAN Standard Chartered	UK£6.27	6.9% +UK£1.2b	23.5%	PB0.5x
LLOY Lloyds Banking Group	UK£0.45	3.8% +UK£1.1b	-9.3%	PB0.6x

May 27

Barclays PLC (LSE:BARC) announces an Equity Buyback for 1,676,161,960 shares, representing 10% of its issued share capital, under the authorization approved on May 4, 2022.

Barclays PLC (LSE:BARC) commences share repurchases on May 25, 2022, under the program mandated by the shareholders in the Annual General Meeting held on May 4, 2022. As per the mandate, the company is authorized to repurchase up to 1,676,161,960 shares, representing 10% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.25 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange Daily Official List of the UK Listing Authority for the five business days immediately preceding the day on which the ordinary share is contracted to be purchased and an amount equal to the higher of the price of the last independent trade of an ordinary share and the current highest independent bid for an ordinary share as derived from the London Stock Exchange Trading System. The purpose of the program is to provide maximum flexibility in the management of the group’s capital resource. The shares purchased may either be cancelled or held as treasury shares, which may then be cancelled, sold for cash or transferred to meet the company’s obligations under its employee share schemes. The authority shall expire at the conclusion of the next Annual General Meeting of the company or June 30, 2023, whichever is earlier. As of March 10, 2022, the company had 16,761,619,606 ordinary shares in issue and no ordinary shares in treasury. On February 23, 2022, the company announced a share repurchase program. Under the program, the company will repurchase up to £1000 million worth of ordinary shares pursuant to an agreement with J.P. Morgan Securities plc. The purpose of the program is to reduce the share capital of the company. The repurchased shares will be cancelled. The repurchases will commence from May 24, 2022 and end no later than on September 30, 2022.

May 05

HSBC Holdings plc (LSE:HSBA) commences an Equity Buyback Plan for 2,021,399,449 shares, representing 10% of its issued share capital, under the authorization approved on April 29, 2022.

HSBC Holdings plc (LSE:HSBA) commences share repurchases on May 4, 2022, under the program mandated by the shareholders in the Annual General Meeting held on April 29, 2022. As per the mandate, the company is authorized to repurchase up to 2,021,399,449 shares, representing 10% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is $0.5 and the maximum price which may be paid for each ordinary share is the lower of 105% of the average of the middle market quotations for the ordinary Shares (as derived from the Daily Official List of the London Stock Exchange plc for the 5 dealing days immediately preceding the day on which the share is contracted to be purchased, or 105% of the average of the closing prices of the ordinary shares on The Stock Exchange of Hong Kong Limited for the 5 dealing days immediately preceding the day on which the ordinary share is contracted to be purchased, in each case converted (where relevant) into the relevant currency in which the purchase is effected given as quoted by HSBC Bank plc in the London Foreign Exchange Market. The shares purchased may either be cancelled or held as treasury shares, which may then be cancelled, sold for cash or used to meet the company’s obligations under its employee share schemes. The authority shall expire at the conclusion of the next Annual General Meeting of the company or June 30, 2023, whichever is earlier. As of March 10, 2022, the company had 20,422,799,252 ordinary shares and 20,213,994,492 ordinary shares in treasury. On May 3, 2022, the company announced that it has entered into irrevocable, non-discretionary buy-back agreements with Merrill Lynch International ('Merrill Lynch') to repurchase $1,000 million worth of its shares. Ordinary Shares purchased under the buyback will be cancelled. The repurchases will commence from May 4, 2022 and the program is valid until August 31, 2022.

U.K. (FTSE) Diversified Banks Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

STB

Secure Trust Bank PLC (LSE:STB) completed the acquisition of AppToPay Ltd.

BARC

Barclays PLC (LSE:BARC) announces an Equity Buyback for 1,676,161,960 shares, representing 10% of its issued share capital, under the authorization approved on May 4, 2022.

TBCG

Investor sentiment improved over the past week

STAN

Does Standard Chartered (LON:STAN) Deserve A Spot On Your Watchlist?

BGEO

Bank of Georgia Group PLC Announces Changes to Executive Management Team

NWG

Group CEO & Executive Director exercised options and sold UK£130k worth of stock

VMUK

Upcoming dividend of UK£0.025 per share

HSBA

HSBC Holdings plc (LSE:HSBA) commences an Equity Buyback Plan for 2,021,399,449 shares, representing 10% of its issued share capital, under the authorization approved on April 29, 2022.

LLOY

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind