Narrative Update • Aug 12

Over the last 7 days, the Regional Banks industry has dropped 1.2%, driven by Shawbrook Group declining 4.9%. Over the past 12 months, the industry was up 40%. As for the next few years, earnings are expected to grow by 22% per annum.
Has the U.K. Regional Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 12 Sep 2026 | UK£2.8b | UK£1.2b | UK£253.5m | 15.5x | 11.2x | 2.3x |
| Mon, 10 Aug 2026 | UK£2.9b | UK£1.2b | UK£253.5m | 15.2x | 11.5x | 2.4x |
| Wed, 08 Jul 2026 | UK£2.9b | UK£1.2b | UK£232.8m | 16.1x | 12.6x | 2.5x |
| Fri, 05 Jun 2026 | UK£2.7b | UK£1.2b | UK£232.8m | 15x | 11.6x | 2.3x |
| Sun, 03 May 2026 | UK£2.7b | UK£1.2b | UK£232.8m | 14.3x | 11.6x | 2.3x |
| Tue, 31 Mar 2026 | UK£2.4b | UK£1.2b | UK£232.8m | 11.8x | 10.3x | 2x |
| Thu, 26 Feb 2026 | UK£3.1b | UK£1.1b | UK£351.4m | 8.6x | 8.8x | 2.9x |
| Sat, 24 Jan 2026 | UK£3.3b | UK£1.1b | UK£351.4m | 9.1x | 9.4x | 3.1x |
| Mon, 22 Dec 2025 | UK£3.3b | UK£1.1b | UK£351.4m | 8.8x | 9.4x | 3.1x |
| Wed, 19 Nov 2025 | UK£2.6b | UK£1.1b | UK£351.4m | 7.3x | 7.5x | 2.5x |
| Fri, 17 Oct 2025 | UK£775.4m | UK£454.8m | UK£106.0m | 7.3x | 7.3x | 1.7x |
| Sun, 14 Sep 2025 | UK£857.5m | UK£454.8m | UK£106.0m | 8.1x | 8.1x | 1.9x |
| Tue, 12 Aug 2025 | UK£733.7m | UK£454.8m | UK£106.0m | 6.9x | 6.9x | 1.6x |
| Thu, 10 Jul 2025 | UK£876.2m | UK£398.2m | UK£42.5m | 20.6x | 20.6x | 2.2x |
| Sat, 07 Jun 2025 | UK£769.9m | UK£398.2m | UK£42.5m | 18.1x | 18.1x | 1.9x |
| Mon, 05 May 2025 | UK£687.8m | UK£398.2m | UK£42.5m | 16.2x | 16.2x | 1.7x |
| Wed, 02 Apr 2025 | UK£615.1m | UK£398.2m | UK£42.5m | 14.5x | 14.5x | 1.5x |
| Fri, 28 Feb 2025 | UK£603.7m | UK£398.2m | UK£42.5m | 14.2x | 14.2x | 1.5x |
| Sun, 26 Jan 2025 | UK£638.0m | UK£570.5m | -UK£16,300,000.00 | n/a | -39.1x | 1.1x |
| Tue, 24 Dec 2024 | UK£625.1m | UK£570.5m | -UK£16,300,000.00 | n/a | -38.3x | 1.1x |
| Thu, 21 Nov 2024 | UK£630.5m | UK£570.5m | -UK£16,300,000.00 | n/a | -38.7x | 1.1x |
| Sat, 19 Oct 2024 | UK£496.5m | UK£570.5m | -UK£16,300,000.00 | n/a | -30.5x | 0.9x |
| Mon, 16 Sep 2024 | UK£442.7m | UK£570.5m | -UK£16,300,000.00 | n/a | -27.2x | 0.8x |
| Wed, 14 Aug 2024 | UK£379.4m | UK£570.5m | -UK£16,300,000.00 | n/a | -23.3x | 0.7x |
| Fri, 12 Jul 2024 | UK£252.6m | UK£615.7m | UK£29.5m | 8.6x | 8.6x | 0.4x |
| Sun, 09 Jun 2024 | UK£246.6m | UK£615.7m | UK£29.5m | 8.4x | 8.4x | 0.4x |
| Tue, 07 May 2024 | UK£232.1m | UK£615.7m | UK£29.5m | 7.9x | 7.9x | 0.4x |
| Thu, 04 Apr 2024 | UK£212.2m | UK£615.7m | UK£29.5m | 7.2x | 7.2x | 0.3x |
| Sat, 02 Mar 2024 | UK£243.8m | UK£540.1m | UK£1.7m | 143.4x | 143.4x | 0.5x |
| Mon, 29 Jan 2024 | UK£251.6m | UK£540.1m | UK£1.7m | 148x | 148x | 0.5x |
| Wed, 27 Dec 2023 | UK£234.1m | UK£540.1m | UK£1.7m | 137.7x | 137.7x | 0.4x |
| Fri, 24 Nov 2023 | UK£66.2m | UK£540.1m | UK£1.7m | 38.9x | 38.9x | 0.1x |
| Sun, 22 Oct 2023 | UK£76.0m | UK£540.1m | UK£1.7m | 44.7x | 44.7x | 0.1x |
| Tue, 19 Sep 2023 | UK£123.4m | UK£540.1m | UK£1.7m | 72.6x | 72.6x | 0.2x |
72.6x
How does U.K. Regional Banks compare with similar industries?
| GB Market | -1.83% | |
| Financials | -1.74% | |
| Banks | -0.97% | |
| Regional Banks | -1.85% | |
| Diversified Banks | -0.96% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MTRO Metro Bank Holdings | UK£1.83 | 2.5% +UK£29.6m | 43.5% | PB0.8x |