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U.K. (FTSE) Banks Industry Analysis

UpdatedJun 01, 2024
DataAggregated Company Financials
Companies12
  • 7D0.6%
  • 3M15.0%
  • 1Y16.9%
  • YTD14.9%

The Banks industry has been flat over the last week, but Bank of Georgia Group has lost 7.6%. The past year has been better, since the industry has gained 17% in that time. Looking forward, earnings are expected to remain mostly flat in the next few years.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 01 Jun 2024UK£222.6bUK£97.2bUK£31.4b6.3x7.1x2.3x
Mon, 29 Apr 2024UK£213.8bUK£97.8bUK£31.8b6x6.7x2.2x
Wed, 27 Mar 2024UK£230.9bUK£121.3bUK£36.6b5.3x6.3x1.9x
Fri, 23 Feb 2024UK£212.5bUK£122.8bUK£37.0b5.8x5.7x1.7x
Sun, 21 Jan 2024UK£186.6bUK£109.5bUK£37.5b5.1x5x1.7x
Tue, 19 Dec 2023UK£198.2bUK£109.7bUK£37.6b5.4x5.3x1.8x
Thu, 16 Nov 2023UK£191.2bUK£110.4bUK£37.9b5.3x5x1.7x
Sat, 14 Oct 2023UK£209.6bUK£105.2bUK£34.9b5x6x2x
Mon, 11 Sep 2023UK£192.0bUK£103.6bUK£34.4b5.2x5.6x1.9x
Wed, 09 Aug 2023UK£206.7bUK£101.9bUK£33.7b5.2x6.1x2x
Fri, 07 Jul 2023UK£221.8bUK£120.1bUK£37.7b5.1x5.9x1.8x
Sun, 04 Jun 2023UK£227.5bUK£125.0bUK£38.1b5.7x6x1.8x
Tue, 02 May 2023UK£226.1bUK£116.2bUK£31.2b6.1x7.3x1.9x
Thu, 30 Mar 2023UK£214.8bUK£115.9bUK£30.5b6.2x7x1.9x
Sat, 25 Feb 2023UK£248.8bUK£117.8bUK£31.5b5.4x7.9x2.1x
Mon, 23 Jan 2023UK£211.0bUK£86.8bUK£21.4b7x9.8x2.4x
Wed, 21 Dec 2022UK£184.8bUK£87.8bUK£21.7b6.5x8.5x2.1x
Fri, 18 Nov 2022UK£176.9bUK£89.8bUK£22.2b5.8x8x2x
Sun, 16 Oct 2022UK£167.1bUK£93.9bUK£24.3b5.2x6.9x1.8x
Tue, 13 Sep 2022UK£193.2bUK£91.6bUK£23.7b6.3x8.1x2.1x
Thu, 11 Aug 2022UK£193.9bUK£89.1bUK£23.0b6.6x8.4x2.2x
Sat, 09 Jul 2022UK£206.1bUK£113.5bUK£28.4b4.3x7.3x1.8x
Mon, 06 Jun 2022UK£215.7bUK£111.6bUK£28.0b4.6x7.7x1.9x
Wed, 04 May 2022UK£209.0bUK£111.0bUK£27.7b6.2x7.6x1.9x
Fri, 01 Apr 2022UK£210.3bUK£108.2bUK£28.0b6.2x7.5x1.9x
Sun, 27 Feb 2022UK£234.8bUK£107.2bUK£27.7b6.8x8.5x2.2x
Tue, 25 Jan 2022UK£227.5bUK£104.5bUK£25.8b6.5x8.8x2.2x
Thu, 23 Dec 2021UK£220.1bUK£105.0bUK£25.9b6.4x8.5x2.1x
Sat, 20 Nov 2021UK£237.1bUK£113.4bUK£28.6b6.3x8.3x2.1x
Mon, 18 Oct 2021UK£241.8bUK£109.0bUK£23.3b7.3x10.4x2.2x
Wed, 15 Sep 2021UK£213.4bUK£108.3bUK£23.0b6.7x9.3x2x
Fri, 13 Aug 2021UK£227.5bUK£108.3bUK£23.0b7x9.9x2.1x
Tue, 08 Jun 2021UK£233.9bUK£94.5bUK£11.8b15.9x19.8x2.5x
Price to Earnings Ratio

19.8x


Total Market Cap: UK£233.9bTotal Earnings: UK£11.8bTotal Revenue: UK£94.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Banks Industry Price to Earnings3Y Average 8x202220232024
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 7.1x which is lower than its 3-year average PE of 8.0x.
  • 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 39% 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 Market-0.56%
Financials-0.34%
Banks0.64%
Diversified Banks0.64%
Regional Banks-1.29%
Industry PE
  • Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 21.6x.
    • Analysts are expecting annual earnings growth of 41.1% 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 7.9x.
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
NWG NatWest GroupUK£3.152.4%
+UK£649.0m		18.9%PB0.7x
BARC BarclaysUK£2.201.8%
+UK£539.7m		40.3%PB0.5x
HSBA HSBC HoldingsUK£6.960.4%
+UK£414.1m		15.5%PB0.9x
LLOY Lloyds Banking GroupUK£0.561.3%
+UK£405.9m		22.2%PB0.7x
CBG Close Brothers GroupUK£4.793.4%
+UK£23.2m		-50.5%PB0.4x
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Latest News

HSBA

UK£6.96

HSBC Holdings

7D

0.4%

1Y

15.5%

BGEO

UK£37.10

Bank of Georgia Group

7D

-7.6%

1Y

21.8%

CBG

UK£4.79

Close Brothers Group

7D

3.4%

1Y

-50.5%

BARC

UK£2.20

Barclays

7D

1.8%

1Y

40.3%

STB

UK£8.44

Secure Trust Bank

7D

5.8%

1Y

32.7%

HSBK

US$17.90

Halyk Bank of Kazakhstan

7D

-2.0%

1Y

42.1%

LLOY

UK£0.56

Lloyds Banking Group

7D

1.3%

1Y

22.2%

STAN

UK£7.77

Standard Chartered

7D

-0.05%

1Y

17.1%

TBCG

UK£25.50

TBC Bank Group

7D

-4.1%

1Y

5.2%

ARBB

UK£9.70

Arbuthnot Banking Group

7D

3.2%

1Y

2.6%

NWG

UK£3.15

NatWest Group

7D

2.4%

1Y

18.9%

NatWest Group plc Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Apr 30
NatWest Group plc Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

MTRO

UK£0.38

Metro Bank Holdings

7D

-1.3%

1Y

-63.2%

TCS

US$25.60

TCS Group Holding

7D

0.4%

1Y

97.9%