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Italian (Borsa Italiana) Banks Industry Analysis

UpdatedFeb 29, 2024
DataAggregated Company Financials
Companies11
  • 7D2.3%
  • 3M15.7%
  • 1Y30.2%
  • YTD14.1%

In the last week, the Banks industry is up 4.0%, with Intesa Sanpaolo up 2.2%. This means that the industry has gained 28% over the past year. As for the next few years, earnings are forecast to decline by 4.3% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 01 Mar 2024€149.8b€67.6b€24.9b5.8x6x2.2x
Sun, 28 Jan 2024€138.6b€64.5b€21.5b6.3x6.5x2.1x
Tue, 26 Dec 2023€129.8b€65.6b€22.1b5.7x5.9x2x
Thu, 23 Nov 2023€128.7b€65.6b€22.1b5.8x5.8x2x
Sat, 21 Oct 2023€118.0b€61.4b€19.0b6.4x6.2x1.9x
Mon, 18 Sep 2023€120.7b€61.5b€19.0b5.9x6.3x2x
Wed, 16 Aug 2023€122.5b€61.6b€19.0b5.6x6.4x2x
Fri, 14 Jul 2023€119.8b€57.5b€17.9b6.4x6.7x2.1x
Sun, 11 Jun 2023€108.1b€57.5b€17.9b6x6.1x1.9x
Tue, 09 May 2023€115.0b€56.6b€17.2b7.5x6.7x2x
Thu, 06 Apr 2023€109.0b€53.3b€14.5b7x7.5x2x
Sat, 04 Mar 2023€121.1b€53.6b€14.5b8.7x8.3x2.3x
Mon, 30 Jan 2023€110.2b€47.9b€9.3b9.1x11.9x2.3x
Wed, 28 Dec 2022€95.1b€47.9b€9.3b7.9x10.3x2x
Fri, 25 Nov 2022€98.0b€47.9b€9.3b7.8x10.5x2x
Sun, 23 Oct 2022€82.7b€47.1b€9.3b6.7x8.9x1.8x
Tue, 20 Sep 2022€84.0b€47.3b€9.3b6.8x9.1x1.8x
Thu, 18 Aug 2022€81.9b€47.4b€9.5b6.3x8.6x1.7x
Sat, 16 Jul 2022€73.6b€46.0b€7.6b6.6x9.7x1.6x
Mon, 13 Jun 2022€82.1b€46.0b€7.6b8.2x10.8x1.8x
Wed, 11 May 2022€82.2b€46.5b€7.6b8.2x10.8x1.8x
Fri, 08 Apr 2022€86.6b€46.7b€9.0b7.2x9.6x1.9x
Sun, 06 Mar 2022€81.5b€46.9b€8.8b6.4x9.2x1.7x
Tue, 01 Feb 2022€113.0b€46.1b€5.3b8.9x21.2x2.5x
Thu, 30 Dec 2021€105.7b€47.9b€5.5b9.1x19.3x2.2x
Sat, 27 Nov 2021€95.2b€47.9b€5.5b8.6x17.4x2x
Mon, 25 Oct 2021€106.8b€45.9b€7.1b11x15.1x2.3x
Wed, 22 Sep 2021€98.8b€46.0b€7.1b10.4x14x2.1x
Fri, 20 Aug 2021€100.1b€46.0b€7.1b10.5x14.1x2.2x
Fri, 04 Jun 2021€101.7b€42.9b€3.7b12.2x27.5x2.4x
Mon, 08 Mar 2021€88.6b€38.2b-€1,256,356,432.0014x-70.5x2.3x
Price to Earnings Ratio

-70.5x


Total Market Cap: €88.6bTotal Earnings: -€1,256,356,432.00Total Revenue: €38.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Italian Banks Industry Price to Earnings3Y Average 11.6x202220232024
Current Industry PE
  • Investors are pessimistic on the Italian 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 6.0x which is lower than its 3-year average PE of 11.6x.
  • The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
  • Total earnings for the Banks industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 21% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Italian Financials industry?

IT Market1.21%
Financials2.12%
Banks2.30%
Diversified Banks2.30%
Regional Banks0%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 11.6x.
    • Analysts are expecting annual earnings decline of 4.3%, which is lower than the prior year's growth of 63.2% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 11.6x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Diversified Banks industry since they expect its earnings to decline by only 4.3% per year over the next 5 years, which isn't as bad as the other industries.
  • This is a reversal from its past annual earnings growth rate of 63% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings decline by 4.3% 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
ISP Intesa Sanpaolo€2.941.4%
+€756.9m
15.6%PB0.8x
UCG UniCredit€30.911.5%
+€370.0m
65.9%PB0.8x
BAMI Banco BPM€5.373.7%
+€286.6m
32.1%PB0.6x
MB Mediobanca Banca di Credito Finanziario€12.602.4%
+€245.1m
26.5%PB1x
BMPS Banca Monte dei Paschi di Siena€3.783.2%
+€148.6m
58.1%PB0.5x
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Latest News

BMPS

€3.78

Banca Monte dei Paschi di Siena

7D

3.2%

1Y

58.1%

UCG

€30.91

UniCredit

7D

1.5%

1Y

65.9%

BAMI

€5.37

Banco BPM

7D

3.7%

1Y

32.1%

BST

€1.19

Banca Sistema

7D

1.0%

1Y

-21.3%

BPSO

€6.92

Banca Popolare di Sondrio

7D

-0.1%

1Y

44.0%

CE

€8.84

Credito Emiliano

7D

0.2%

1Y

8.6%

MB

€12.60

Mediobanca Banca di Credito Finanziario

7D

2.4%

1Y

26.5%

ISP

€2.94

Intesa Sanpaolo

7D

1.4%

1Y

15.6%

BPE

€3.71

BPER Banca

7D

2.7%

1Y

38.3%