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Italian (Borsa Italiana) Banks Industry Analysis

UpdatedJul 13, 2026
DataAggregated Company Financials
Companies10
  • 7D0.8%
  • 3M17.5%
  • 1Y41.2%
  • YTD14.7%

In the last week, Banks has been flat. As for the the longer term, the industry is up 41% over the past 12 months. Earnings are forecast to grow by 6.7% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 13 Jul 2026€364.8b€74.1b€29.7b12.1x12.3x4.9x
Wed, 10 Jun 2026€323.8b€73.9b€29.7b10.4x10.9x4.4x
Fri, 08 May 2026€321.2b€72.3b€29.5b10.5x10.9x4.4x
Sun, 05 Apr 2026€288.1b€74.1b€29.9b9.5x9.6x3.9x
Tue, 03 Mar 2026€319.2b€75.4b€29.9b10.1x10.7x4.2x
Thu, 29 Jan 2026€324.2b€73.9b€28.3b10.8x11.4x4.4x
Sat, 27 Dec 2025€321.4b€73.9b€28.3b11x11.3x4.3x
Mon, 24 Nov 2025€299.3b€73.9b€28.3b10x10.6x4x
Wed, 22 Oct 2025€290.2b€73.9b€28.6b9.8x10.2x3.9x
Fri, 19 Sep 2025€294.9b€74.0b€28.6b9.7x10.3x4x
Sun, 17 Aug 2025€290.8b€74.0b€28.6b8.8x10.2x3.9x
Tue, 15 Jul 2025€251.5b€72.8b€27.5b8x9.1x3.5x
Thu, 12 Jun 2025€249.2b€72.7b€27.6b8x9x3.4x
Sat, 10 May 2025€244.5b€72.5b€27.3b8.1x9x3.4x
Mon, 07 Apr 2025€201.6b€72.3b€26.7b7.2x7.5x2.8x
Wed, 05 Mar 2025€227.9b€72.8b€27.0b7.6x8.4x3.1x
Fri, 31 Jan 2025€208.7b€70.8b€28.6b6.9x7.3x2.9x
Sun, 29 Dec 2024€186.6b€70.8b€28.6b5.9x6.5x2.6x
Tue, 26 Nov 2024€174.2b€70.8b€28.6b5.9x6.1x2.5x
Thu, 24 Oct 2024€184.2b€69.9b€27.1b6.1x6.8x2.6x
Sat, 21 Sep 2024€179.7b€70.0b€27.1b6x6.6x2.6x
Mon, 19 Aug 2024€172.4b€70.0b€27.1b5.9x6.4x2.5x
Wed, 17 Jul 2024€176.8b€68.8b€26.1b6.3x6.8x2.6x
Fri, 14 Jun 2024€173.3b€68.8b€26.1b5.9x6.6x2.5x
Sun, 12 May 2024€177.4b€68.8b€26.1b6.9x6.8x2.6x
Tue, 09 Apr 2024€169.0b€66.9b€24.8b6.8x6.8x2.5x
Thu, 07 Mar 2024€154.2b€67.5b€24.5b5.7x6.3x2.3x
Sat, 03 Feb 2024€138.2b€64.5b€21.5b6.5x6.4x2.1x
Mon, 01 Jan 2024€130.1b€65.6b€22.1b5.9x5.9x2x
Wed, 29 Nov 2023€130.1b€65.6b€22.1b5.7x5.9x2x
Fri, 27 Oct 2023€119.6b€62.5b€19.6b6.3x6.1x1.9x
Sun, 24 Sep 2023€124.4b€61.5b€19.0b6.5x6.5x2x
Tue, 22 Aug 2023€119.5b€61.6b€19.0b5.6x6.3x1.9x
Thu, 20 Jul 2023€121.2b€57.5b€17.9b6.8x6.8x2.1x
Price to Earnings Ratio

6.8x


Total Market Cap: €121.2bTotal Earnings: €17.9bTotal Revenue: €57.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Italian Banks Industry Price to Earnings3Y Average 8.1x202420252026
Current Industry PE
  • Investors are optimistic on the Italian Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 12.3x which is higher than its 3-year average PE of 8.1x.
  • The 3-year average PS ratio of 3.1x is lower than the industry's current PS ratio of 4.9x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 8.8% 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 Italian Financials industry?

IT Market-0.73%
Financials0.16%
Banks0.79%
Diversified Banks0.79%
Regional Banks0%0
Industry PE
  • Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 8.1x.
    • Analysts are expecting annual earnings growth of 6.7%, which is higher than its past year's earnings growth of 2.6% per year.
  • Investors are most pessimistic about the Diversified Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.1x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 6.7% over the next 5 years.
  • This is better than its past earnings growth rate of 2.6% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 6.7% 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€6.331.4%
+€1.5b		28.3%PB1.6x
UCG UniCredit€82.570.9%
+€1.1b		41.8%PB1.8x
BMPS Banca Monte dei Paschi di Siena€11.411.9%
+€644.1m		62.8%PB1.2x
MB Mediobanca Banca di Credito Finanziario€27.502.6%
+€564.6m		50.7%PB1.9x
CE Credito Emiliano€19.148.1%
+€485.7m		49.1%PB1.4x

Latest News

BAMI
€15.65
Banco BPM
7D
-0.03%
1Y
48.4%
Narrative Update • Jul 10

BAMI: Fair Outlook Will Balance Crédit Agricole Partnership With Earnings Resilience

Analysts have slightly raised their fair value estimate for Banco BPM, with the blended price target moving from about €13.78 to around €14.12. This reflects updated assumptions on discount rate, revenue growth, profit margin and future P/E.
UCG
€82.57
UniCredit
7D
0.9%
1Y
41.8%
MB
€27.50
Mediobanca Banca di Credito Finanziario
7D
2.6%
1Y
50.7%
Narrative Update • Jul 10

MB: Recent Upgrade And Fair Value Revisions Will Shape Future Returns

Analysts have lifted their fair value estimate for Mediobanca Banca di Credito Finanziario from €21.77 to €24.42, citing updated assumptions on the discount rate, revenue growth, profit margin and future P/E, alongside a recent research upgrade with a €29.40 price target. What’s in the News for Mediobanca Banca di Credito Finanziario Analysts adjusted their fair value estimate for Mediobanca Banca di Credito Finanziario to €24.42, based on updated assumptions for discount rate, revenue growth, profit margin and future P/E.
ISP
€6.33
Intesa Sanpaolo
7D
1.4%
1Y
28.3%
BPE
€14.04
BPER Banca
7D
-0.1%
1Y
78.0%
Narrative Update • Jul 02

BPE: Fair Value View Balances Distribution Hopes And Post Merger Execution Risks

Analysts have nudged their fair value estimate for BPER Banca higher to about €13.02, a move supported by a slightly lower discount rate, a small uplift in projected profit margins, and updated price targets from recent research that highlight valuation and capital distribution expectations already reflected in the stock. Analyst Commentary Recent research on BPER Banca points to a more cautious stance, with several bearish analysts flagging valuation constraints and the implications of recent results for future execution.
BMPS
€11.41
Banca Monte dei Paschi di Siena
7D
1.9%
1Y
62.8%
Narrative Update • Jul 01

BMPS: Proposed Takeover And Revised Assumptions Will Shape Future Earnings Quality

Analysts have adjusted their price target for Banca Monte dei Paschi di Siena to €12.0 from €11.6, citing updated assumptions around discount rates, revenue growth expectations, profit margins and future P/E levels. What's in the News Intesa Sanpaolo S.p.A. has proposed to acquire the remaining 99.93% of Banca Monte dei Paschi di Siena for a total consideration of €30.6b, primarily through an all share offer.
FBK
€23.26
FinecoBank Banca Fineco
7D
1.6%
1Y
25.3%
Narrative Update • Jun 23

FBK: Future Returns Will Reflect Gradual Repricing Of Revenue Mix Execution

FinecoBank Banca Fineco's analyst fair value estimate has been nudged up from €25.18 to €25.25, reflecting a series of modest price target increases from banks such as Berenberg, JPMorgan and Morgan Stanley that cite a slightly stronger revenue outlook, firmer profit margins and a marginally lower future P/E assumption. Analyst Commentary Recent Street research on FinecoBank Banca Fineco points to a generally constructive tone, with several firms tweaking their price targets and, in some cases, reaffirming a positive stance on the stock.
BST
€1.55
Banca Sistema
7D
-0.9%
1Y
-13.9%
BDB
€15.08
Banco di Desio e della Brianza
7D
7.7%
1Y
109.4%
CE
€19.14
Credito Emiliano
7D
8.1%
1Y
49.1%