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Israeli (TA) Banks Industry Analysis

UpdatedDec 07, 2021
DataAggregated Company Financials
Companies8
  • 7D1.4%
  • 3M12.8%
  • 1Y58.2%
  • YTD55.7%

Over the last 7 days, the Banks industry has remained flat. As for the the longer term, the industry is up 59% over the past 12 months.

Industry Valuation and Performance

Has the Israeli Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Wed, 08 Dec 2021₪159.4b₪62.8b₪18.0b8.5x
Fri, 05 Nov 2021₪156.4b₪58.2b₪15.5b10.4x
Sun, 03 Oct 2021₪143.7b₪58.2b₪15.5b9.5x
Tue, 31 Aug 2021₪139.3b₪57.9b₪15.4b9.5x
Wed, 07 Jul 2021₪130.5b₪57.9b₪15.4b9x
Sat, 10 Apr 2021₪119.0b₪51.0b₪11.6b10.7x
Fri, 01 Jan 2021₪102.9b₪45.1b₪8.0b11.6x
Mon, 05 Oct 2020₪83.1b₪43.6b₪6.4b9.7x
Thu, 09 Jul 2020₪91.1b₪44.1b₪6.5b9.4x
Wed, 01 Apr 2020₪97.7b₪47.1b₪8.1b8.7x
Sat, 04 Jan 2020₪130.4b₪50.2b₪10.0b10.7x
Tue, 08 Oct 2019₪125.2b₪51.0b₪10.3b10.5x
Mon, 01 Jul 2019₪122.6b₪51.6b₪10.6b10.1x
Thu, 04 Apr 2019₪113.2b₪51.6b₪10.2b9.8x
Sun, 06 Jan 2019₪105.4b₪50.4b₪9.4b10x
PE Ratio

10x

Total Market Cap: ₪105.4bTotal Earnings: ₪9.4bTotal Revenue: ₪50.4b0%0%0%3 Year10 Year
20202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 10.3x. However, future earnings are expected to decline by 5.9% which could potentially cause the PE ratio to fall below its historical average.

Past Earnings Growth: The earnings for companies in the Banks industry have grown 24% per year over the last three years, and revenues for these companies have grown 7.6% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Israeli Banks industry?

Regional Banks1.67%
Diversified Banks1.40%

Industry PE: Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 10.4x. However analysts are expecting annual earnings decline of 5.9%, which is lower than the prior year's growth of 95% per year. So the market might believe that analysts are underestimating future growth or they expect the Diversified Banks industry's earnings to deteriorate the least compared to other industries. Meanwhile, investors are most pessimistic about the Regional Banks industry, which is trading below its 3-year average of 5.8x.

Forecasted Growth: Despite it being negative, analysts are least pessimistic on the Diversified Banks industry since they expect its earnings to decline by only 5.9% per year over the next 5 years, which isn't as bad as the other industries. However, this is a reversal from its past annual earnings growth rate of 95% per year.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
LUMI Bank Leumi le- Israel B.M2.3%+₪1.0b63.8%PB1.1x
POLI Bank Hapoalim B.M1.9%+₪788.5m44.9%PB1x
DSCT Israel Discount Bank3.0%+₪686.8m72.3%PB1.1x
JBNK Bank of Jerusalem3.4%+₪30.3m72.4%PB0.8x
EXPO Export Investment1.7%+₪7.6m120.8%PB0.6x
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