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Maltese (MSE) Financials Sector Analysis

UpdatedJul 28, 2026
DataAggregated Company Financials
Companies9
  • 7D0.6%
  • 3M2.4%
  • 1Y9.9%
  • YTD6.9%

APS Bank is up 5.4%, leading the way for the Financials industry, which has gained 1.1%. During this same period, the FIMBank underperformed, falling 5.9%. This takes the industry's 12 month performance to a gain of 11%.

Sector Valuation and Performance

Has the Maltese Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 28 Jul 2026€2.6b€1.1b€290.3m8x8.8x2.3x
Thu, 25 Jun 2026€2.6b€1.1b€292.6m8x8.8x2.3x
Sat, 23 May 2026€2.4b€1.1b€291.5m7.6x8.4x2.2x
Mon, 20 Apr 2026€2.5b€1.1b€286.8m8.9x8.6x2.3x
Wed, 18 Mar 2026€2.4b€1.1b€304.4m8.9x8x2.1x
Fri, 13 Feb 2026€2.4b€1.1b€320.7m8.7x7.5x2.1x
Sun, 11 Jan 2026€2.3b€1.1b€320.7m9.4x7.3x2x
Tue, 09 Dec 2025€2.3b€1.1b€320.7m8.8x7.1x2x
Thu, 06 Nov 2025€2.3b€1.1b€319.9m8.9x7.2x2x
Sat, 04 Oct 2025€2.2b€1.1b€319.0m8.3x7x2x
Mon, 01 Sep 2025€2.3b€1.1b€319.0m8.3x7.1x2x
Wed, 30 Jul 2025€2.2b€1.1b€339.6m9.3x6.6x1.9x
Fri, 27 Jun 2025€2.2b€1.1b€338.6m10.2x6.5x1.9x
Sun, 25 May 2025€2.2b€1.1b€338.6m10.5x6.6x1.9x
Tue, 22 Apr 2025€2.3b€1.1b€341.9m10.9x6.7x2x
Thu, 20 Mar 2025€2.3b€1.1b€345.1m10.1x6.8x2.1x
Sat, 15 Feb 2025€2.2b€1.1b€342.8m9.8x6.3x1.9x
Mon, 13 Jan 2025€2.1b€1.1b€342.8m9.9x6.2x1.9x
Wed, 11 Dec 2024€2.1b€1.1b€333.1m10.1x6.3x1.9x
Fri, 08 Nov 2024€2.2b€1.1b€332.5m10.4x6.5x1.9x
Sun, 06 Oct 2024€2.1b€1.1b€334.3m9.6x6.2x1.9x
Tue, 03 Sep 2024€2.1b€1.1b€334.3m9.8x6.4x1.9x
Thu, 01 Aug 2024€2.1b€1.1b€321.8m11.5x6.4x1.9x
Sat, 29 Jun 2024€2.0b€1.0b€295.6m10.9x6.6x1.9x
Mon, 27 May 2024€1.9b€1.0b€295.6m9.9x6.4x1.8x
Wed, 24 Apr 2024€1.9b€1.0b€284.2m10.7x6.6x1.8x
Fri, 22 Mar 2024€1.8b€919.9m€287.9m8.1x6.4x2x
Sun, 18 Feb 2024€1.7b€878.9m€268.0m8.2x6.5x2x
Tue, 16 Jan 2024€1.8b€910.2m€268.3m10.7x6.8x2x
Thu, 14 Dec 2023€1.7b€910.3m€268.4m9.4x6.5x1.9x
Sat, 11 Nov 2023€1.7b€903.5m€267.4m9.7x6.4x1.9x
Mon, 09 Oct 2023€1.7b€858.9m€232.4m9.8x7.4x2x
Wed, 06 Sep 2023€1.8b€944.0m€236.1m8.4x7.5x1.9x
Fri, 04 Aug 2023€1.9b€934.7m€226.9m9.6x8.2x2x
Price to Earnings Ratio

8.2x


Total Market Cap: €1.9bTotal Earnings: €226.9mTotal Revenue: €934.7mTotal Market Cap vs Earnings and Revenue0%0%0%
Maltese Financials Sector Price to Earnings3Y Average 7x202420252026
Current Industry PE
  • Investors are optimistic on the Maltese Financials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 8.8x which is higher than its 3-year average PE of 7.0x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 7.5% 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 Maltese Financials sector?

MT Market0.15%
Financials0.61%
Banks0.66%
Capital Markets0%0
Insurance0%0
Industry PE
  • Investors are most optimistic about the Insurance industry which is trading above its 3-year average PE ratio of 12.6x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 6.8x.
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
HSB HSBC Bank Malta€1.431.4%
+€7.2m
2.1%PB0.8x
BOV Bank of Valletta€2.140.5%
+€6.4m
13.8%PB0.9x
APS APS Bank€0.571.8%
+€4.9m
7.5%PB0.8x
LOM Lombard Bank Malta€0.731.4%
+€1.5m
-1.4%PB0.5x

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