Have your own idea? Try our Stock Screener
Moroccan (MASI) Banks Industry Analysis
UpdatedDec 25, 2025
DataAggregated Company Financials
Companies7
- 7D0.2%
- 3M-3.2%
- 1Y19.1%
- YTD16.9%
Over the last 7 days, the Banks industry has risen 1.8%, driven by gains from Attijariwafa bank of 3.9%. This takes the industry's 12 month performance to a gain of 20%. As for the next few years, earnings are expected to grow by 7.5% per annum.
Industry Valuation and Performance
Has the Moroccan Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Dec 2025 | د.م303.9b | د.م80.9b | د.م21.4b | 13.9x | 14.2x | 3.8x |
| Sat, 22 Nov 2025 | د.م291.0b | د.م80.2b | د.م21.3b | 13.6x | 13.7x | 3.6x |
| Mon, 20 Oct 2025 | د.م295.8b | د.م79.8b | د.م21.1b | 14x | 14x | 3.7x |
| Wed, 17 Sep 2025 | د.م317.6b | د.م78.7b | د.م20.8b | 15x | 15.3x | 4x |
| Fri, 15 Aug 2025 | د.م322.1b | د.م78.7b | د.م20.8b | 15.7x | 15.5x | 4.1x |
| Sun, 13 Jul 2025 | د.م309.8b | د.م77.8b | د.م20.2b | 15.6x | 15.4x | 4x |
| Tue, 10 Jun 2025 | د.م298.4b | د.م77.8b | د.م20.2b | 15.8x | 14.8x | 3.8x |
| Thu, 08 May 2025 | د.م277.6b | د.م75.7b | د.م19.3b | 14.7x | 14.4x | 3.7x |
| Sat, 05 Apr 2025 | د.م276.2b | د.م73.7b | د.م18.6b | 16.2x | 14.8x | 3.7x |
| Mon, 03 Mar 2025 | د.م273.1b | د.م71.8b | د.م17.8b | 17.6x | 15.3x | 3.8x |
| Wed, 29 Jan 2025 | د.م270.5b | د.م71.8b | د.م17.8b | 17.4x | 15.2x | 3.8x |
| Fri, 27 Dec 2024 | د.م253.9b | د.م71.8b | د.م17.8b | 15.4x | 14.2x | 3.5x |
| Sun, 24 Nov 2024 | د.م260.2b | د.م71.3b | د.م17.4b | 17.9x | 14.9x | 3.6x |
| Tue, 22 Oct 2024 | د.م246.8b | د.م71.3b | د.م17.4b | 16.6x | 14.2x | 3.5x |
| Thu, 19 Sep 2024 | د.م249.9b | د.م68.7b | د.م16.2b | 17.5x | 15.4x | 3.6x |
| Sat, 17 Aug 2024 | د.م253.0b | د.م68.5b | د.م16.2b | 18.2x | 15.6x | 3.7x |
| Mon, 15 Jul 2024 | د.م246.1b | د.م68.5b | د.م16.2b | 17.8x | 15.2x | 3.6x |
| Wed, 12 Jun 2024 | د.م239.4b | د.م68.5b | د.م16.2b | 17.1x | 14.8x | 3.5x |
| Fri, 10 May 2024 | د.م242.3b | د.م66.7b | د.م15.2b | 17.3x | 15.9x | 3.6x |
| Sun, 07 Apr 2024 | د.م239.5b | د.م66.7b | د.م15.2b | 17.1x | 15.8x | 3.6x |
| Tue, 05 Mar 2024 | د.م239.0b | د.م67.1b | د.م15.5b | 16.6x | 15.5x | 3.6x |
| Thu, 01 Feb 2024 | د.م230.2b | د.م67.0b | د.م15.4b | 16x | 14.9x | 3.4x |
| Sat, 30 Dec 2023 | د.م219.2b | د.م67.0b | د.م15.4b | 15.9x | 14.2x | 3.3x |
| Mon, 27 Nov 2023 | د.م212.4b | د.م63.9b | د.م14.0b | 16.7x | 15.2x | 3.3x |
| Wed, 25 Oct 2023 | د.م215.7b | د.م61.6b | د.م13.0b | 18.4x | 16.5x | 3.5x |
| Fri, 22 Sep 2023 | د.م205.6b | د.م60.7b | د.م12.6b | 17.9x | 16.4x | 3.4x |
| Sun, 20 Aug 2023 | د.م206.4b | د.م59.0b | د.م11.8b | 17.8x | 17.6x | 3.5x |
| Tue, 18 Jul 2023 | د.م201.5b | د.م59.0b | د.م11.8b | 17.4x | 17.1x | 3.4x |
| Thu, 15 Jun 2023 | د.م197.9b | د.م58.2b | د.م11.5b | 18.1x | 17.3x | 3.4x |
| Sat, 13 May 2023 | د.م186.2b | د.م58.2b | د.م11.5b | 16.1x | 16.3x | 3.2x |
| Mon, 10 Apr 2023 | د.م183.5b | د.م57.3b | د.م11.3b | 16.3x | 16.3x | 3.2x |
| Wed, 08 Mar 2023 | د.م185.8b | د.م57.3b | د.م11.3b | 15.1x | 16.5x | 3.2x |
| Fri, 03 Feb 2023 | د.م172.7b | د.م57.3b | د.م11.3b | 14.4x | 15.3x | 3x |
| Sun, 01 Jan 2023 | د.م183.0b | د.م57.3b | د.م11.3b | 15.3x | 16.2x | 3.2x |
Price to Earnings Ratio
16.2x
Current Industry PE
- Investors are relatively neutral on the Moroccan Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 15.5x.
- The industry is trading close to its 3-year average PS ratio of 3.6x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 24% per year over the last three years.
- Revenues for these companies have grown 12% 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 Moroccan Financials industry?
| MA Market | 1.78% | |
| Financials | 0.70% | |
| Banks | 0.17% | |
| Diversified Banks | 0.20% | |
| Regional Banks | 0% | 0 |
Industry PE
- Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 15.3x.
- Analysts are expecting annual earnings growth of 7.5%, which is lower than the prior year's growth of 36.6% per year.
- Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 15.3x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 7.5% over the next 5 years.
- However this is lower than its past earnings growth rate of 37% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 7.5% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ATW Attijariwafa bank | د.م750.00 | 1.6% +د.م2.4b | 31.7% | PB2.3x | |
| BCP Banque Centrale Populaire | د.م291.00 | 1.4% +د.م812.6m | 3.9% | PB1.5x | |
| BCI Banque Marocaine pour le Commerce et l'Industrie | د.م639.00 | 0.9% +د.م79.7m | 10.6% | PB1.1x |