Here's Why Bank of Valletta (MTSE:BOV) Has Caught The Eye Of Investors
Nov 15
Have your own idea? Try our Stock Screener
Maltese (MSE) Banks Industry Analysis
UpdatedJan 31, 2025
DataAggregated Company Financials
Companies5
- 7D2.0%
- 3M-2.7%
- 1Y16.4%
- YTD1.1%
Over the last 7 days, the Banks industry has remained flat, although notably HSBC Bank Malta gained 4.4%. As for the the longer term, the industry is up 15% over the past 12 months.
Industry Valuation and Performance
Has the Maltese Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 31 Jan 2025 | €1.9b | €979.5m | €331.2m | 7x | 5.8x | 2x |
| Sun, 29 Dec 2024 | €1.9b | €954.0m | €321.3m | 7.5x | 6x | 2x |
| Tue, 26 Nov 2024 | €1.9b | €954.0m | €321.3m | 7.7x | 6.1x | 2x |
| Thu, 24 Oct 2024 | €2.0b | €953.7m | €320.7m | 7.6x | 6.1x | 2.1x |
| Sat, 21 Sep 2024 | €1.9b | €953.7m | €320.7m | 7.9x | 6.1x | 2x |
| Mon, 19 Aug 2024 | €2.0b | €950.2m | €320.4m | 8.9x | 6.2x | 2.1x |
| Wed, 17 Jul 2024 | €1.8b | €889.9m | €283.5m | 8x | 6.4x | 2x |
| Fri, 14 Jun 2024 | €1.7b | €889.9m | €283.5m | 7.9x | 6.1x | 2x |
| Sun, 12 May 2024 | €1.8b | €889.9m | €283.5m | 8.2x | 6.3x | 2x |
| Tue, 09 Apr 2024 | €1.7b | €873.5m | €272.2m | 5.3x | 6.2x | 1.9x |
| Thu, 07 Mar 2024 | €1.7b | €875.8m | €277.8m | 5.3x | 6.2x | 2x |
| Sat, 03 Feb 2024 | €1.6b | €834.1m | €255.5m | 5.9x | 6.4x | 1.9x |
| Mon, 01 Jan 2024 | €1.7b | €834.1m | €255.5m | 6x | 6.7x | 2x |
| Wed, 29 Nov 2023 | €1.5b | €834.1m | €255.5m | 5.5x | 6.1x | 1.9x |
| Fri, 27 Oct 2023 | €1.5b | €789.4m | €220.6m | 6.7x | 7x | 1.9x |
| Sun, 24 Sep 2023 | €1.6b | €789.4m | €220.6m | 7.6x | 7.2x | 2x |
| Tue, 22 Aug 2023 | €1.6b | €787.2m | €221.5m | 6.1x | 7.3x | 2x |
| Thu, 20 Jul 2023 | €1.6b | €658.9m | €64.3m | 17.6x | 24.5x | 2.4x |
| Sat, 17 Jun 2023 | €1.6b | €658.9m | €64.3m | 17.3x | 24.1x | 2.4x |
| Mon, 15 May 2023 | €1.4b | €658.9m | €64.3m | 15.6x | 22.5x | 2.2x |
| Wed, 12 Apr 2023 | €1.3b | €656.5m | €62.0m | 13.2x | 20.8x | 2x |
| Fri, 10 Mar 2023 | €1.3b | €579.8m | €19.6m | 17.1x | 68x | 2.3x |
| Sun, 05 Feb 2023 | €1.3b | €579.8m | €19.6m | 14.8x | 64.5x | 2.2x |
| Tue, 03 Jan 2023 | €1.1b | €579.8m | €19.6m | 11.7x | 58.6x | 2x |
| Thu, 01 Dec 2022 | €1.2b | €579.8m | €19.6m | 12x | 61x | 2.1x |
| Sat, 29 Oct 2022 | €1.2b | €577.2m | €21.4m | 12.7x | 57.6x | 2.1x |
| Mon, 26 Sep 2022 | €1.2b | €564.2m | €13.0m | 13.1x | 95.4x | 2.2x |
| Wed, 24 Aug 2022 | €1.2b | €564.2m | €13.0m | 13.1x | 92.3x | 2.1x |
| Fri, 22 Jul 2022 | €1.2b | €558.2m | €91.5m | 14.1x | 13.2x | 2.2x |
| Sun, 19 Jun 2022 | €1.0b | €493.6m | €76.9m | 12.6x | 13.1x | 2x |
| Tue, 17 May 2022 | €1.0b | €493.6m | €76.9m | 12.2x | 13.2x | 2.1x |
| Thu, 14 Apr 2022 | €959.9m | €393.4m | €20.8m | 16.2x | 46.1x | 2.4x |
| Sat, 12 Mar 2022 | €1.0b | €393.4m | €20.8m | 19.1x | 49.2x | 2.6x |
| Mon, 07 Feb 2022 | €1.1b | €393.4m | €20.8m | 18.7x | 50.6x | 2.7x |
Price to Earnings Ratio
50.6x
Current Industry PE
- Investors are pessimistic on the Maltese 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 5.8x which is lower than its 3-year average PE of 25.8x.
- The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 151% per year over the last three years.
- Revenues for these companies have grown 36% 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 industry?
| MT Market | 0.39% | |
| Financials | 1.79% | |
| Banks | 1.97% | |
| Diversified Banks | 2.70% | |
| Regional Banks | -8.33% | |
Industry PE
- Investors are most optimistic about the Regional Banks industry, which is trading close to its 3-year average PE ratio of 8.7x.
- 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 63.5x.
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HSB HSBC Bank Malta | €1.42 | 4.4% +€21.6m | 8.4% | PB0.9x | |
| APS APS Bank | €0.60 | 7.1% +€15.2m | 10.1% | PB0.8x | |
| BOV Bank of Valletta | €1.74 | 1.2% +€11.7m | 33.8% | PB0.7x |