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Icelandic (OMX) Diversified Banks Industry Analysis
UpdatedDec 31, 2024
DataAggregated Company Financials
Companies2
- 7D-0.05%
- 3M11.8%
- 1Y10.8%
- YTDn/a
The Diversified Banks is pretty flat in the last 7 days, but Arion banki hf has stood out, gaining 3.1%. As for the the longer term, the industry is up 11% over the past 12 months. In the next few years, earnings are forecast to decline by 5.9% annually.
Industry Valuation and Performance
Has the Icelandic Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Dec 2024 | ISK 472.4b | ISK 124.6b | ISK 48.2b | 9.8x | 9.8x | 3.8x |
| Thu, 28 Nov 2024 | ISK 462.1b | ISK 124.6b | ISK 48.2b | 9.6x | 9.6x | 3.7x |
| Sat, 26 Oct 2024 | ISK 457.1b | ISK 122.7b | ISK 46.1b | 9.9x | 9.9x | 3.7x |
| Mon, 23 Sep 2024 | ISK 387.8b | ISK 122.4b | ISK 45.2b | 8.6x | 8.6x | 3.2x |
| Wed, 21 Aug 2024 | ISK 397.4b | ISK 122.4b | ISK 45.2b | 8.8x | 8.8x | 3.2x |
| Fri, 19 Jul 2024 | ISK 386.1b | ISK 122.1b | ISK 47.7b | 8.1x | 8.1x | 3.2x |
| Sun, 16 Jun 2024 | ISK 368.6b | ISK 122.1b | ISK 47.7b | 7.7x | 7.7x | 3x |
| Tue, 14 May 2024 | ISK 387.6b | ISK 122.1b | ISK 47.7b | 8.1x | 8.1x | 3.2x |
| Thu, 11 Apr 2024 | ISK 410.7b | ISK 124.6b | ISK 50.3b | 8.2x | 8.2x | 3.3x |
| Sat, 09 Mar 2024 | ISK 437.2b | ISK 124.6b | ISK 50.3b | 8.7x | 8.7x | 3.5x |
| Mon, 05 Feb 2024 | ISK 451.3b | ISK 125.2b | ISK 48.6b | 9.3x | 9.3x | 3.6x |
| Wed, 03 Jan 2024 | ISK 446.7b | ISK 125.2b | ISK 48.6b | 9.2x | 9.2x | 3.6x |
| Fri, 01 Dec 2023 | ISK 406.8b | ISK 125.2b | ISK 48.6b | 8.4x | 8.4x | 3.2x |
| Sun, 29 Oct 2023 | ISK 400.2b | ISK 126.4b | ISK 48.7b | 8.2x | 8.2x | 3.2x |
| Tue, 26 Sep 2023 | ISK 419.6b | ISK 125.3b | ISK 48.8b | 8.6x | 8.6x | 3.3x |
| Thu, 24 Aug 2023 | ISK 445.6b | ISK 125.3b | ISK 48.8b | 9.1x | 9.1x | 3.6x |
| Sat, 22 Jul 2023 | ISK 463.1b | ISK 121.3b | ISK 44.8b | 10.4x | 10.3x | 3.8x |
| Mon, 19 Jun 2023 | ISK 415.7b | ISK 121.3b | ISK 44.8b | 9.3x | 9.3x | 3.4x |
| Wed, 17 May 2023 | ISK 431.0b | ISK 121.3b | ISK 44.8b | 9.7x | 9.6x | 3.6x |
| Fri, 14 Apr 2023 | ISK 452.0b | ISK 116.1b | ISK 43.3b | 10.5x | 10.4x | 3.9x |
| Sun, 12 Mar 2023 | ISK 454.7b | ISK 116.1b | ISK 43.3b | 10.5x | 10.5x | 3.9x |
| Tue, 07 Feb 2023 | ISK 467.9b | ISK 114.3b | ISK 43.9b | 10.8x | 10.7x | 4.1x |
| Thu, 05 Jan 2023 | ISK 455.7b | ISK 114.3b | ISK 43.9b | 10.4x | 10.4x | 4x |
| Sat, 03 Dec 2022 | ISK 480.6b | ISK 114.3b | ISK 43.9b | 11.1x | 10.9x | 4.2x |
| Mon, 31 Oct 2022 | ISK 490.1b | ISK 114.3b | ISK 43.9b | 11.2x | 11.2x | 4.3x |
| Wed, 28 Sep 2022 | ISK 482.4b | ISK 114.8b | ISK 46.8b | 10.3x | 10.3x | 4.2x |
| Fri, 26 Aug 2022 | ISK 528.5b | ISK 114.8b | ISK 46.8b | 11.3x | 11.3x | 4.6x |
| Sun, 24 Jul 2022 | ISK 506.2b | ISK 115.9b | ISK 51.1b | 9.9x | 9.9x | 4.4x |
| Tue, 21 Jun 2022 | ISK 463.9b | ISK 115.9b | ISK 51.1b | 9.1x | 9.1x | 4x |
| Thu, 19 May 2022 | ISK 478.8b | ISK 115.9b | ISK 51.1b | 9.4x | 9.4x | 4.1x |
| Sat, 16 Apr 2022 | ISK 509.7b | ISK 114.0b | ISK 49.7b | 10.3x | 10.3x | 4.5x |
| Mon, 14 Mar 2022 | ISK 635.8b | ISK 136.2b | ISK 60.5b | 10.2x | 10.5x | 4.7x |
| Wed, 09 Feb 2022 | ISK 518.0b | ISK 108.9b | ISK 49.2b | 10.8x | 10.5x | 4.8x |
| Fri, 07 Jan 2022 | ISK 528.1b | ISK 108.9b | ISK 49.2b | n/a | 10.7x | 4.8x |
Price to Earnings Ratio
10.7x
Current Industry PE
- There are only 2 companies in the Icelandic Diversified Banks industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 4.6% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Comparison
How does Icelandic Diversified Banks compare with similar industries?
| IS Market | 0.40% | |
| Financials | 0.26% | |
| Banks | -0.052% | |
| Diversified Banks | -0.052% | |
| Regional Banks | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ARION Arion banki hf | ISK 167.00 | 0.3% +ISK 706.4m | 9.9% | PB1.2x |