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Israeli (TA) Banks Industry Analysis

UpdatedDec 05, 2022
DataAggregated Company Financials
Companies8
  • 7D0.5%
  • 3M-7.9%
  • 1Y4.6%
  • YTD-1.9%

In the last week, Banks has been flat. As for the the longer term, the industry is up 4.6% over the past 12 months. Looking forward, earnings are forecast to grow by 8.5% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 05 Dec 2022₪170.1b₪68.0b₪21.9b7.7x7.8x2.5x
Wed, 02 Nov 2022₪179.5b₪66.3b₪20.7b8.7x8.7x2.7x
Fri, 30 Sep 2022₪163.9b₪66.3b₪20.7b7.8x7.9x2.5x
Sun, 28 Aug 2022₪186.5b₪66.3b₪20.7b9x9x2.8x
Tue, 26 Jul 2022₪165.3b₪66.5b₪20.6b7.9x8x2.5x
Thu, 23 Jun 2022₪154.1b₪66.5b₪20.6b7.3x7.5x2.3x
Sat, 21 May 2022₪159.8b₪64.9b₪19.2b8.1x8.3x2.5x
Mon, 18 Apr 2022₪169.1b₪64.9b₪19.2b8.4x8.8x2.6x
Wed, 16 Mar 2022₪161.7b₪64.6b₪19.1b8.2x8.4x2.5x
Fri, 11 Feb 2022₪174.6b₪62.8b₪18.0b9.3x9.7x2.8x
Sun, 09 Jan 2022₪173.0b₪62.8b₪18.0b9.2x9.6x2.8x
Tue, 07 Dec 2021₪159.4b₪62.8b₪18.0b8.5x8.9x2.5x
Thu, 04 Nov 2021₪155.6b₪58.2b₪15.5b10.4x10x2.7x
Sat, 02 Oct 2021₪143.7b₪58.2b₪15.5b9.5x9.3x2.5x
Mon, 30 Aug 2021₪140.4b₪57.9b₪15.4b9.5x9.1x2.4x
Tue, 06 Jul 2021₪130.5b₪57.9b₪15.4b9x8.5x2.3x
Fri, 09 Apr 2021₪119.0b₪51.0b₪11.6b10.7x10.3x2.3x
Thu, 31 Dec 2020₪102.9b₪45.1b₪8.0b11.6x12.8x2.3x
Sun, 04 Oct 2020₪83.1b₪43.6b₪6.4b9.7x13.1x1.9x
Wed, 08 Jul 2020₪91.1b₪44.1b₪6.5b9.4x13.9x2.1x
Tue, 31 Mar 2020₪97.7b₪47.1b₪8.1b8.7x12.1x2.1x
Fri, 03 Jan 2020₪130.4b₪50.2b₪10.0b10.7x13x2.6x
Price to Earnings Ratio

13x


Total Market Cap: ₪130.4bTotal Earnings: ₪10.0bTotal Revenue: ₪50.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Israeli Banks Industry Price to Earnings3Y Average 10.9x20212022
Current Industry PE
  • Investors are pessimistic on the Israeli 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 7.8x which is lower than its 3-year average PE of 10.9x.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 30% per year over the last three years.
  • Revenues for these companies have grown 11% 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 Financials industry?

IL Market0.89%
Financials1.00%
Banks0.51%
Diversified Banks0.51%
Regional Banks-1.16%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 10.9x.
    • Analysts are expecting annual earnings growth of 8.5%, which is lower than the prior year's growth of 25.8% per year.
  • Investors are most pessimistic about the Regional Banks industry, which is trading below its 3-year average of 5.9x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 8.5% over the next 5 years.
  • However this is lower than its past earnings growth rate of 26% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 8.5% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
POLI Bank Hapoalim B.M₪32.301.9%
+₪802.1m
3.5%PB1x
DSCT Israel Discount Bank₪20.081.9%
+₪457.7m
1.7%PB1.1x
FIBI First International Bank of Israel₪148.301.2%
+₪170.6m
19.1%PB1.5x
FIBIH F.I.B.I. Holdings₪158.600.6%
+₪31.9m
11.6%PB1.1x
JBNK Bank of Jerusalem₪13.540.9%
+₪8.5m
6.0%PB0.8x
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Latest News

LUMI

₪31.18

Bank Leumi le-Israel B.M

7D

-0.1%

1Y

0.9%

FIBIH

₪158.60

F.I.B.I. Holdings

7D

0.6%

1Y

11.6%

EXPO

₪41.86

Export Investment

7D

-1.2%

1Y

2.9%

MZTF

₪124.80

Mizrahi Tefahot Bank

7D

-1.7%

1Y

7.1%

DSCT

₪20.08

Israel Discount Bank

7D

1.9%

1Y

1.7%

POLI

₪32.30

Bank Hapoalim B.M

7D

1.9%

1Y

3.5%

FIBI

₪148.30

First International Bank of Israel

7D

1.2%

1Y

19.1%

JBNK

₪13.54

Bank of Jerusalem

7D

0.9%

1Y

6.0%