FinecoBank Banca Fineco S.p.A. (BIT:FBK) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Nov 08
Have your own idea? Try our Stock Screener
Italian (Borsa Italiana) Diversified Banks Industry Analysis
UpdatedNov 18, 2024
DataAggregated Company Financials
Companies11
- 7D1.2%
- 3M9.8%
- 1Y52.3%
- YTDn/a
In the last week, the Diversified Banks industry is up 1.2%, with Banca Monte dei Paschi di Siena up 11%. In the same time, Mediobanca Banca di Credito Finanziario was down 5.0%. This takes the industry's 12 month performance to a gain of 52%. Looking forward, earnings are forecast to decline by 3.9% per year.
Industry Valuation and Performance
Has the Italian Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 18 Nov 2024 | €187.9b | €70.8b | €28.6b | 6x | 6.6x | 2.7x |
| Wed, 16 Oct 2024 | €186.2b | €69.9b | €27.1b | 6.2x | 6.9x | 2.7x |
| Fri, 13 Sep 2024 | €175.9b | €70.0b | €27.1b | 5.9x | 6.5x | 2.5x |
| Sun, 11 Aug 2024 | €165.3b | €70.2b | €26.9b | 6.3x | 6.1x | 2.4x |
| Tue, 09 Jul 2024 | €175.2b | €68.8b | €26.1b | 6.2x | 6.7x | 2.5x |
| Thu, 06 Jun 2024 | €174.4b | €68.7b | €26.1b | 6.1x | 6.7x | 2.5x |
| Sat, 04 May 2024 | €170.0b | €66.9b | €24.8b | 6.6x | 6.9x | 2.5x |
| Mon, 01 Apr 2024 | €168.3b | €66.9b | €24.8b | 6.6x | 6.8x | 2.5x |
| Wed, 28 Feb 2024 | €149.7b | €67.6b | €24.9b | 6x | 6x | 2.2x |
| Fri, 26 Jan 2024 | €138.3b | €64.5b | €21.5b | 6.3x | 6.4x | 2.1x |
| Sun, 24 Dec 2023 | €129.8b | €65.6b | €22.1b | 5.7x | 5.9x | 2x |
| Tue, 21 Nov 2023 | €131.2b | €65.6b | €22.1b | 6x | 5.9x | 2x |
| Thu, 19 Oct 2023 | €121.5b | €61.4b | €19.0b | 6.6x | 6.4x | 2x |
| Sat, 16 Sep 2023 | €120.9b | €61.5b | €19.0b | 5.9x | 6.4x | 2x |
| Mon, 14 Aug 2023 | €121.6b | €61.5b | €19.1b | 5.5x | 6.4x | 2x |
| Wed, 12 Jul 2023 | €116.5b | €57.5b | €17.9b | 6.5x | 6.5x | 2x |
| Fri, 09 Jun 2023 | €109.6b | €57.5b | €17.9b | 6x | 6.1x | 1.9x |
| Sun, 07 May 2023 | €114.1b | €56.6b | €17.2b | 7.4x | 6.6x | 2x |
| Tue, 04 Apr 2023 | €111.0b | €53.3b | €14.5b | 7.1x | 7.7x | 2.1x |
| Thu, 02 Mar 2023 | €119.9b | €53.6b | €14.5b | 8.7x | 8.3x | 2.2x |
| Sat, 28 Jan 2023 | €110.2b | €47.9b | €9.3b | 9.1x | 11.9x | 2.3x |
| Mon, 26 Dec 2022 | €95.4b | €47.9b | €9.3b | 7.9x | 10.3x | 2x |
| Wed, 23 Nov 2022 | €95.9b | €47.9b | €9.3b | 7.8x | 10.3x | 2x |
| Fri, 21 Oct 2022 | €82.2b | €47.1b | €9.3b | 6.7x | 8.9x | 1.7x |
| Sun, 18 Sep 2022 | €84.2b | €47.3b | €9.3b | 6.8x | 9.1x | 1.8x |
| Tue, 16 Aug 2022 | €83.3b | €47.4b | €9.5b | 6.5x | 8.8x | 1.8x |
| Thu, 14 Jul 2022 | €77.2b | €46.0b | €7.6b | 6.6x | 10.1x | 1.7x |
| Sat, 11 Jun 2022 | €82.1b | €46.0b | €7.6b | 8.2x | 10.8x | 1.8x |
| Mon, 09 May 2022 | €82.3b | €46.7b | €8.9b | 7.6x | 9.3x | 1.8x |
| Wed, 06 Apr 2022 | €89.5b | €46.7b | €9.0b | 7.3x | 9.9x | 1.9x |
| Fri, 04 Mar 2022 | €91.1b | €46.9b | €8.8b | 7x | 10.3x | 1.9x |
| Sun, 30 Jan 2022 | €111.7b | €47.9b | €5.5b | 8.9x | 20.4x | 2.3x |
| Tue, 28 Dec 2021 | €105.0b | €47.9b | €5.5b | 9x | 19.2x | 2.2x |
| Thu, 25 Nov 2021 | €101.6b | €47.9b | €5.5b | 8.9x | 18.6x | 2.1x |
Price to Earnings Ratio
18.6x
Current Industry PE
- Investors are pessimistic on the Italian Diversified 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 6.6x which is lower than its 3-year average PE of 8.7x.
- The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 74% per year over the last three years.
- Revenues for these companies have grown 14% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Italian Diversified Banks compare with similar industries?
| IT Market | 0.86% | |
| Financials | 1.77% | |
| Banks | 1.25% | |
| Diversified Banks | 1.25% | |
| 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 | |
|---|---|---|---|---|---|
| BMPS Banca Monte dei Paschi di Siena | €6.02 | 10.7% +€733.1m | 95.9% | PB0.7x | |
| BAMI Banco BPM | €7.04 | 3.2% +€327.3m | 32.3% | PB0.7x | |
| BPSO Banca Popolare di Sondrio | €7.49 | 3.7% +€119.2m | 25.5% | PB0.8x | |
| BPE BPER Banca | €5.94 | 1.3% +€71.4m | 67.7% | PB0.8x | |
| ISP Intesa Sanpaolo | €3.90 | 0.03% +€17.8m | 52.2% | PB1x |