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Maltese (MSE) Financials Sector Analysis

UpdatedMar 24, 2026
DataAggregated Company Financials
Companies8
  • 7D2.9%
  • 3M9.6%
  • 1Y6.5%
  • YTD6.5%

In the last week, the Financials industry is up 2.9%, with Bank of Valletta leading the way, up 1.9%. This takes the industry's 12 month performance to a gain of 6.5%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Mar 2026€2.5b€1.1b€304.4m9.4x8.3x2.2x
Thu, 19 Feb 2026€2.4b€1.1b€320.7m8.7x7.5x2.1x
Sat, 17 Jan 2026€2.3b€1.1b€320.7m9.4x7.2x2x
Mon, 15 Dec 2025€2.3b€1.1b€320.7m8.6x7.1x2x
Wed, 12 Nov 2025€2.3b€1.1b€319.9m8.9x7.2x2x
Fri, 10 Oct 2025€2.2b€1.1b€319.0m7.8x7x2x
Sun, 07 Sep 2025€2.2b€1.1b€319.0m8.5x7x2x
Tue, 05 Aug 2025€2.3b€1.1b€319.0m9.4x7.2x2x
Thu, 03 Jul 2025€2.2b€1.1b€338.6m10.3x6.6x1.9x
Sat, 31 May 2025€2.2b€1.1b€338.6m10.4x6.5x1.9x
Mon, 28 Apr 2025€2.2b€1.1b€339.9m10.7x6.6x2x
Wed, 26 Mar 2025€2.3b€1.1b€345.1m10.6x6.8x2.1x
Fri, 21 Feb 2025€2.3b€1.1b€342.8m9.7x6.6x2x
Sun, 19 Jan 2025€2.1b€1.1b€342.8m9.9x6.2x1.9x
Tue, 17 Dec 2024€2.1b€1.1b€333.1m9.8x6.4x1.9x
Thu, 14 Nov 2024€2.1b€1.1b€332.5m10.4x6.4x1.9x
Sat, 12 Oct 2024€2.1b€1.1b€334.3m9.8x6.3x1.9x
Mon, 09 Sep 2024€2.1b€1.1b€334.3m9.6x6.4x1.9x
Wed, 07 Aug 2024€2.1b€1.1b€334.0m11.8x6.3x1.9x
Fri, 05 Jul 2024€2.0b€1.0b€295.6m10.8x6.7x1.9x
Sun, 02 Jun 2024€1.9b€1.0b€295.6m9.9x6.4x1.8x
Tue, 30 Apr 2024€1.9b€1.1b€304.0m10.9x6.1x1.8x
Thu, 28 Mar 2024€1.8b€919.9m€287.9m8x6.3x2x
Sat, 24 Feb 2024€1.8b€920.6m€290.3m7.5x6.2x1.9x
Mon, 22 Jan 2024€1.8b€910.2m€268.3m10.5x6.8x2x
Wed, 20 Dec 2023€1.8b€910.2m€268.3m9.3x6.6x1.9x
Fri, 17 Nov 2023€1.7b€903.5m€267.4m9.4x6.3x1.9x
Sun, 15 Oct 2023€1.7b€858.9m€232.4m9.8x7.4x2x
Tue, 12 Sep 2023€1.8b€944.0m€236.1m8.4x7.5x1.9x
Thu, 10 Aug 2023€1.8b€942.5m€232.1m8.4x7.8x1.9x
Sat, 08 Jul 2023€1.8b€717.1m€71.9m19.4x24.4x2.4x
Mon, 05 Jun 2023€1.8b€717.1m€71.9m19.4x24.8x2.5x
Wed, 03 May 2023€1.6b€717.1m€71.9m18.4x22.2x2.2x
Fri, 31 Mar 2023€1.5b€1.1b€23.6m17.1x64.7x1.4x
Price to Earnings Ratio

64.7x


Total Market Cap: €1.5bTotal Earnings: €23.6mTotal Revenue: €1.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Maltese Financials Sector Price to Earnings3Y Average 9x202420252026
Current Industry PE
  • Investors are relatively neutral on the Maltese Financials 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 9.0x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 135% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Maltese Financials sector?

MT Market1.88%
Financials2.90%
Insurance11.11%
Capital Markets5.08%
Banks2.33%
Industry PE
  • Investors are most optimistic about the Insurance industry even though it's trading below its 3-year average PE ratio of 14.2x.
    • 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, which is trading close to its 3-year average of 8.8x.
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
BOV Bank of Valletta€2.121.9%
+€25.7m
17.8%PB0.9x
APS APS Bank€0.5210.6%
+€24.3m
-14.8%PB0.7x
MMS MAPFRE Middlesea€1.5913.6%
+€17.5m
-0.6%PE10.9x
HSB HSBC Bank Malta€1.491.4%
+€7.2m
-3.2%PB0.9x

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