Narrative Update • Jun 24

Over the last 7 days, the Banks industry has risen 2.3%, driven by gains from Bank Leumi le-Israel B.M of 3.5%. This means that the industry has gained 12% over the past year. Earnings are forecast to grow by 7.5% annually.
Has the Israeli Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 09 Aug 2026 | ₪346.8b | ₪88.2b | ₪32.8b | 10.4x | 10.6x | 3.9x |
| Tue, 07 Jul 2026 | ₪317.3b | ₪88.2b | ₪32.8b | 9.6x | 9.7x | 3.6x |
| Thu, 04 Jun 2026 | ₪313.2b | ₪88.2b | ₪32.8b | 9.4x | 9.5x | 3.6x |
| Sat, 02 May 2026 | ₪352.3b | ₪88.4b | ₪33.4b | 10.3x | 10.5x | 4x |
| Mon, 30 Mar 2026 | ₪336.7b | ₪88.4b | ₪33.4b | 10x | 10.1x | 3.8x |
| Wed, 25 Feb 2026 | ₪374.3b | ₪91.5b | ₪33.2b | 11.1x | 11.3x | 4.1x |
| Fri, 23 Jan 2026 | ₪362.1b | ₪91.5b | ₪33.2b | 10.6x | 10.9x | 4x |
| Sun, 21 Dec 2025 | ₪354.1b | ₪91.5b | ₪33.2b | 10.4x | 10.7x | 3.9x |
| Tue, 18 Nov 2025 | ₪332.4b | ₪89.4b | ₪31.9b | 10x | 10.4x | 3.7x |
| Thu, 16 Oct 2025 | ₪312.8b | ₪89.4b | ₪31.9b | 9.7x | 9.8x | 3.5x |
| Sat, 13 Sep 2025 | ₪305.7b | ₪89.4b | ₪31.9b | 9.7x | 9.6x | 3.4x |
| Mon, 11 Aug 2025 | ₪311.5b | ₪88.4b | ₪31.0b | 10x | 10x | 3.5x |
| Wed, 09 Jul 2025 | ₪313.7b | ₪88.4b | ₪31.0b | 10.2x | 10.1x | 3.5x |
| Fri, 06 Jun 2025 | ₪281.8b | ₪88.4b | ₪31.0b | 8.9x | 9.1x | 3.2x |
| Sun, 04 May 2025 | ₪258.4b | ₪88.4b | ₪31.0b | 8x | 8.3x | 2.9x |
| Tue, 01 Apr 2025 | ₪243.8b | ₪88.3b | ₪31.0b | 7.8x | 7.9x | 2.8x |
| Thu, 27 Feb 2025 | ₪242.8b | ₪85.2b | ₪30.0b | 8x | 8.1x | 2.8x |
| Sat, 25 Jan 2025 | ₪234.5b | ₪85.2b | ₪30.0b | 7.9x | 7.8x | 2.8x |
| Mon, 23 Dec 2024 | ₪220.2b | ₪85.2b | ₪30.0b | 7.3x | 7.3x | 2.6x |
| Wed, 20 Nov 2024 | ₪212.4b | ₪83.0b | ₪28.9b | 7x | 7.3x | 2.6x |
| Fri, 18 Oct 2024 | ₪188.5b | ₪81.9b | ₪28.4b | 6.3x | 6.6x | 2.3x |
| Sun, 15 Sep 2024 | ₪183.1b | ₪81.9b | ₪28.4b | 6.2x | 6.4x | 2.2x |
| Tue, 13 Aug 2024 | ₪176.9b | ₪80.7b | ₪28.3b | 6.2x | 6.3x | 2.2x |
| Thu, 11 Jul 2024 | ₪177.6b | ₪80.7b | ₪28.3b | 6.3x | 6.3x | 2.2x |
| Sat, 08 Jun 2024 | ₪169.0b | ₪80.7b | ₪28.3b | 5.9x | 6x | 2.1x |
| Mon, 06 May 2024 | ₪166.2b | ₪79.9b | ₪26.9b | 6x | 6.2x | 2.1x |
| Wed, 03 Apr 2024 | ₪168.2b | ₪80.0b | ₪27.0b | 6.1x | 6.2x | 2.1x |
| Fri, 01 Mar 2024 | ₪171.7b | ₪81.9b | ₪27.6b | 6x | 6.2x | 2.1x |
| Sun, 28 Jan 2024 | ₪155.9b | ₪81.9b | ₪27.6b | 5.4x | 5.7x | 1.9x |
| Tue, 26 Dec 2023 | ₪169.3b | ₪81.9b | ₪27.6b | 5.8x | 6.1x | 2.1x |
| Thu, 23 Nov 2023 | ₪165.8b | ₪81.7b | ₪27.8b | 5.6x | 6x | 2x |
| Sat, 21 Oct 2023 | ₪150.1b | ₪81.8b | ₪27.9b | 5.1x | 5.4x | 1.8x |
| Mon, 18 Sep 2023 | ₪166.7b | ₪81.8b | ₪27.9b | 5.7x | 6x | 2x |
| Wed, 16 Aug 2023 | ₪166.2b | ₪79.4b | ₪26.8b | 5.9x | 6.2x | 2.1x |
6.2x
Which industries have driven the changes within the Israeli Financials industry?
| IL Market | -0.97% | |
| Financials | 1.30% | |
| Banks | 2.27% | |
| Regional Banks | 2.82% | |
| Diversified Banks | 2.27% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LUMI Bank Leumi le-Israel B.M | ₪74.92 | 3.5% +₪3.7b | 18.5% | PB1.6x | |
| POLI Bank Hapoalim B.M | ₪76.12 | 2.4% +₪2.3b | 16.4% | PB1.5x | |
| DSCT Israel Discount Bank | ₪32.84 | 2.8% +₪1.1b | 0.1% | PB1.2x | |
| FIBIH F.I.B.I. Holdings | ₪308.80 | 3.0% +₪315.5m | 28.7% | PB1.5x | |
| MZTF Mizrahi Tefahot Bank | ₪228.80 | 0.5% +₪286.1m | 5.4% | PB1.7x |