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Moroccan (MASI) Banks Industry Analysis
UpdatedJun 24, 2026
DataAggregated Company Financials
Companies7
- 7D-1.7%
- 3M-3.4%
- 1Y-9.2%
- YTD-10.8%
Over the last 7 days, the Banks industry has dropped 1.7%, driven by a pullback from Bank of Africa of 0.5%. The industry has fallen 9.2% in the last year. Looking forward, earnings are forecast to grow by 7.1% annually.
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 Jun 2026 | د.م271.9b | د.م82.8b | د.م21.8b | 11.9x | 12.4x | 3.3x |
| Sat, 23 May 2026 | د.م270.1b | د.م81.7b | د.م21.8b | 11.8x | 12.4x | 3.3x |
| Mon, 20 Apr 2026 | د.م285.0b | د.م81.6b | د.م21.7b | 13.2x | 13.1x | 3.5x |
| Wed, 18 Mar 2026 | د.م275.6b | د.م80.0b | د.م21.4b | 13.1x | 12.9x | 3.4x |
| Fri, 13 Feb 2026 | د.م298.1b | د.م80.9b | د.م21.4b | 14.3x | 13.9x | 3.7x |
| Sun, 11 Jan 2026 | د.م307.0b | د.م80.9b | د.م21.4b | 14.4x | 14.3x | 3.8x |
| Tue, 09 Dec 2025 | د.م298.2b | د.م80.5b | د.م21.4b | 13.9x | 13.9x | 3.7x |
| Thu, 06 Nov 2025 | د.م314.4b | د.م80.0b | د.م21.2b | 14.6x | 14.8x | 3.9x |
| Sat, 04 Oct 2025 | د.م303.7b | د.م79.7b | د.م21.1b | 14.2x | 14.4x | 3.8x |
| Mon, 01 Sep 2025 | د.م322.7b | د.م78.7b | د.م20.8b | 15.1x | 15.5x | 4.1x |
| Wed, 30 Jul 2025 | د.م318.4b | د.م77.8b | د.م20.2b | 15.4x | 15.8x | 4.1x |
| Fri, 27 Jun 2025 | د.م301.0b | د.م77.8b | د.م20.2b | 15.5x | 14.9x | 3.9x |
| Sun, 25 May 2025 | د.م287.8b | د.م76.5b | د.م19.5b | 14.8x | 14.7x | 3.8x |
| Tue, 22 Apr 2025 | د.م273.6b | د.م73.9b | د.م18.7b | 15.9x | 14.6x | 3.7x |
| Thu, 20 Mar 2025 | د.م279.5b | د.م73.6b | د.م18.4b | 17x | 15.2x | 3.8x |
| Sat, 15 Feb 2025 | د.م275.9b | د.م71.8b | د.م17.8b | 17.8x | 15.5x | 3.8x |
| Mon, 13 Jan 2025 | د.م272.5b | د.م71.8b | د.م17.8b | 15.8x | 15.3x | 3.8x |
| Wed, 11 Dec 2024 | د.م254.6b | د.م71.8b | د.م17.8b | 15.9x | 14.3x | 3.5x |
| Fri, 08 Nov 2024 | د.م254.7b | د.م71.3b | د.م17.4b | 17.5x | 14.6x | 3.6x |
| Sun, 06 Oct 2024 | د.م246.5b | د.م71.4b | د.م17.4b | 16.6x | 14.1x | 3.5x |
| Tue, 03 Sep 2024 | د.م251.3b | د.م68.7b | د.م16.2b | 17.4x | 15.5x | 3.7x |
| Thu, 01 Aug 2024 | د.م254.0b | د.م68.7b | د.م16.2b | 16.4x | 15.6x | 3.7x |
| Sat, 29 Jun 2024 | د.م242.1b | د.م68.5b | د.م16.2b | 17.3x | 15x | 3.5x |
| Mon, 27 May 2024 | د.م240.3b | د.م66.7b | د.م15.2b | 17.3x | 15.8x | 3.6x |
| Wed, 24 Apr 2024 | د.م236.6b | د.م66.7b | د.م15.2b | 17x | 15.6x | 3.5x |
| Fri, 22 Mar 2024 | د.م238.0b | د.م67.7b | د.م15.8b | 16.2x | 15.1x | 3.5x |
| Sun, 18 Feb 2024 | د.م238.8b | د.م67.0b | د.م15.4b | 16.6x | 15.5x | 3.6x |
| Tue, 16 Jan 2024 | د.م226.0b | د.م67.0b | د.م15.4b | 15.5x | 14.7x | 3.4x |
| Thu, 14 Dec 2023 | د.م213.0b | د.م64.0b | د.م13.8b | 18x | 15.4x | 3.3x |
| Sat, 11 Nov 2023 | د.م210.9b | د.م61.9b | د.م13.1b | 17.5x | 16.1x | 3.4x |
| Mon, 09 Oct 2023 | د.م218.5b | د.م61.2b | د.م12.7b | 19.2x | 17.2x | 3.6x |
| Wed, 06 Sep 2023 | د.م206.3b | د.م59.0b | د.م11.7b | 18.8x | 17.6x | 3.5x |
| Fri, 04 Aug 2023 | د.م208.6b | د.م59.0b | د.م11.8b | 17.4x | 17.7x | 3.5x |
| Sun, 02 Jul 2023 | د.م205.7b | د.م59.0b | د.م11.7b | 18.4x | 17.5x | 3.5x |
Price to Earnings Ratio
17.5x
Current Industry PE
- Investors are pessimistic on the Moroccan 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 12.4x which is lower than its 3-year average PE of 15.0x.
- 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 23% 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 | -2.65% | |
| Financials | -2.05% | |
| Banks | -1.71% | |
| Regional Banks | 0% | 0 |
| Diversified Banks | -1.69% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 14.7x.
- Analysts are expecting annual earnings growth of 7.1%, which is lower than the prior year's growth of 8.4% per year.
- Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 14.7x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 7.1% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 7.1% 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.م688.00 | 1.2% +د.م1.6b | 3.5% | PB1.9x | |
| BCP Banque Centrale Populaire | د.م245.00 | 1.7% +د.م813.2m | -13.7% | PB1.3x | |
| CDM Crédit du Maroc | د.م1.02k | 3.4% +د.م370.0m | -6.9% | PB1.3x | |
| CIH Crédit Immobilier et Hôtelier Société Anonyme | د.م349.20 | 1.8% +د.م220.8m | -15.4% | PB1.3x | |
| CFG CFG Bank | د.م202.00 | 1.0% +د.م80.9m | -10.6% | PB4x |