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Jamaican (JSE) Banks Industry Analysis

UpdatedApr 11, 2026
DataAggregated Company Financials
Companies2
  • 7D0.4%
  • 3M1.3%
  • 1Y-3.0%
  • YTD0.3%

In the last week, Banks has been flat. Unfortunately though, the industry is down 5.8% over the past 12 months.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 12 Apr 2026JA$261.7bJA$208.7bJA$42.8b6.2x6.1x1.3x
Tue, 10 Mar 2026JA$262.7bJA$208.7bJA$42.8b6.3x6.1x1.3x
Thu, 05 Feb 2026JA$263.3bJA$209.0bJA$43.0b6.3x6.1x1.3x
Sat, 03 Jan 2026JA$252.0bJA$209.0bJA$43.0b6x5.9x1.2x
Mon, 01 Dec 2025JA$260.6bJA$208.4bJA$44.1b6x5.9x1.3x
Wed, 29 Oct 2025JA$267.6bJA$203.4bJA$41.4b6.4x6.5x1.3x
Fri, 26 Sep 2025JA$278.1bJA$203.4bJA$41.4b6.7x6.7x1.4x
Sun, 24 Aug 2025JA$272.3bJA$202.1bJA$41.3b6.6x6.6x1.3x
Tue, 22 Jul 2025JA$248.2bJA$198.1bJA$40.6b6.1x6.1x1.3x
Thu, 19 Jun 2025JA$265.4bJA$198.1bJA$40.6b6.5x6.5x1.3x
Sat, 17 May 2025JA$285.0bJA$197.1bJA$41.1b6.9x6.9x1.4x
Mon, 14 Apr 2025JA$269.5bJA$185.7bJA$36.0b7.4x7.5x1.5x
Wed, 12 Mar 2025JA$293.5bJA$185.7bJA$36.0b8x8.1x1.6x
Fri, 07 Feb 2025JA$297.9bJA$179.1bJA$33.5b8.9x8.9x1.7x
Sun, 05 Jan 2025JA$291.5bJA$179.1bJA$33.5b8.8x8.7x1.6x
Tue, 03 Dec 2024JA$262.5bJA$177.0bJA$33.7b7.8x7.8x1.5x
Thu, 31 Oct 2024JA$266.2bJA$204.2bJA$31.4b8.7x8.5x1.3x
Sat, 28 Sep 2024JA$269.6bJA$204.2bJA$31.4b8.8x8.6x1.3x
Mon, 26 Aug 2024JA$263.7bJA$202.9bJA$31.0b8.7x8.5x1.3x
Wed, 24 Jul 2024JA$265.9bJA$202.4bJA$29.9b9.2x8.9x1.3x
Fri, 21 Jun 2024JA$276.5bJA$202.4bJA$29.9b9.7x9.2x1.4x
Sun, 19 May 2024JA$284.3bJA$198.6bJA$26.3b12x10.8x1.4x
Tue, 16 Apr 2024JA$304.1bJA$198.6bJA$26.3b12.8x11.6x1.5x
Thu, 14 Mar 2024JA$309.8bJA$198.6bJA$26.3b12.7x11.8x1.6x
Sat, 10 Feb 2024JA$303.0bJA$190.3bJA$24.8b14.7x12.2x1.6x
Mon, 08 Jan 2024JA$277.5bJA$190.3bJA$24.8b13.9x11.2x1.5x
Wed, 06 Dec 2023JA$263.5bJA$189.9bJA$24.7b13.5x10.7x1.4x
Fri, 03 Nov 2023JA$250.1bJA$193.4bJA$35.5b7.1x7x1.3x
Sun, 01 Oct 2023JA$266.8bJA$193.4bJA$35.5b7.5x7.5x1.4x
Tue, 29 Aug 2023JA$272.8bJA$190.4bJA$34.0b7.9x8x1.4x
Thu, 27 Jul 2023JA$278.1bJA$191.1bJA$36.8b7.5x7.6x1.5x
Sat, 24 Jun 2023JA$259.0bJA$191.1bJA$36.8b7x7x1.4x
Mon, 22 May 2023JA$270.5bJA$187.5bJA$35.0b7.7x7.7x1.4x
Wed, 19 Apr 2023JA$270.2bJA$191.3bJA$39.4b7x6.9x1.4x
Price to Earnings Ratio

6.9x


Total Market Cap: JA$270.2bTotal Earnings: JA$39.4bTotal Revenue: JA$191.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Jamaican Banks Industry Price to Earnings3Y Average 8x202420252026
Current Industry PE
    There are only 2 companies in the Jamaican 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 Banks industry have grown 2.8% per year over the last three years.
  • Revenues for these companies have grown 3.0% 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 Jamaican Financials industry?

JM Market-0.83%
Financials-1.49%
Banks0.35%
Diversified Banks0.35%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 8.0x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 8.0x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
NCBFG NCB Financial GroupJA$44.002.3%
+JA$2.4b		0%PB0.5x

Latest News

SGJ
JA$50.00
Scotia Group Jamaica
7D
-0.8%
1Y
-4.8%
NCBFG
JA$44.00
NCB Financial Group
7D
2.3%
1Y
0%