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Dutch (AEX) Banks Industry Analysis

UpdatedJan 14, 2026
DataAggregated Company Financials
Companies3
  • 7D1.0%
  • 3M19.6%
  • 1Y68.3%
  • YTD2.1%

Over the last 7 days, the Banks industry has remained flat, although notably Triodos Bank gained 4.0%. As for the the longer term, the industry is up 66% over the past 12 months. Earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

Has the Dutch Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 14 Jan 2026€98.3b€29.2b€7.1b13.2x13.8x3.4x
Fri, 12 Dec 2025€93.2b€29.2b€7.1b12.6x13.1x3.2x
Sun, 09 Nov 2025€86.6b€29.3b€7.1b11.5x12.1x3x
Tue, 07 Oct 2025€84.2b€28.8b€6.9b11.7x12.2x2.9x
Thu, 04 Sep 2025€79.6b€28.8b€6.9b10.9x11.5x2.8x
Sat, 02 Aug 2025€76.7b€27.5b€7.0b10.5x11x2.8x
Mon, 30 Jun 2025€76.1b€29.3b€7.4b9.8x10.3x2.6x
Wed, 28 May 2025€75.4b€28.9b€7.4b9.8x10.2x2.6x
Fri, 25 Apr 2025€66.0b€28.9b€7.6b8.1x8.7x2.3x
Sun, 23 Mar 2025€72.6b€28.9b€7.6b8.9x9.5x2.5x
Tue, 18 Feb 2025€64.6b€30.2b€8.9b6.8x7.3x2.1x
Thu, 16 Jan 2025€61.9b€26.0b€6.1b9.3x10.1x2.4x
Sat, 14 Dec 2024€58.5b€26.0b€6.1b8.8x9.6x2.3x
Mon, 11 Nov 2024€59.8b€25.9b€6.2b9x9.7x2.3x
Wed, 09 Oct 2024€63.8b€28.3b€7.9b7.3x8.1x2.3x
Fri, 06 Sep 2024€64.1b€28.3b€7.9b7.3x8.1x2.3x
Sun, 04 Aug 2024€63.0b€26.1b€6.5b9x9.7x2.4x
Tue, 02 Jul 2024€66.8b€26.4b€6.9b8.9x9.7x2.5x
Thu, 30 May 2024€66.2b€26.4b€6.9b8.8x9.6x2.5x
Sat, 27 Apr 2024€62.0b€26.4b€6.7b8.4x9.2x2.3x
Mon, 25 Mar 2024€61.5b€26.4b€6.7b8.4x9.1x2.3x
Wed, 21 Feb 2024€54.5b€30.8b€10.0b5.2x5.5x1.8x
Fri, 19 Jan 2024€54.0b€42.5b€17.7b3.8x3.1x1.3x
Sun, 17 Dec 2023€58.5b€42.5b€17.7b4x3.3x1.4x
Tue, 14 Nov 2023€53.6b€42.5b€17.7b3.6x3x1.3x
Thu, 12 Oct 2023€56.7b€31.4b€10.0b5.4x5.7x1.8x
Sat, 09 Sep 2023€56.3b€31.4b€10.0b5.4x5.6x1.8x
Mon, 07 Aug 2023€61.4b€31.1b€9.6b6.4x6.4x2x
Wed, 05 Jul 2023€57.9b€39.4b€15.3b4.8x3.8x1.5x
Fri, 02 Jun 2023€54.1b€39.4b€15.3b4.5x3.5x1.4x
Sun, 30 Apr 2023€53.1b€37.2b€13.9b5.2x3.8x1.4x
Tue, 28 Mar 2023€50.8b€37.2b€13.9b5.1x3.7x1.4x
Thu, 23 Feb 2023€60.9b€24.5b€5.5b10.2x11x2.5x
Sat, 21 Jan 2023€57.1b€24.7b€5.5b9.5x10.4x2.3x
Price to Earnings Ratio

10.4x


Total Market Cap: €57.1bTotal Earnings: €5.5bTotal Revenue: €24.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Dutch Banks Industry Price to Earnings3Y Average 8.2x202420252026
Current Industry PE
    There are only 3 companies in the Dutch Banks industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 8.9% per year over the last three years.
  • Revenues for these companies have grown 5.8% 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 Dutch Financials industry?

NL Market1.34%
Financials-0.95%
Banks0.96%
Diversified Banks0.96%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 8.2x.
    • Analysts expect its future annual earnings growth (10.6%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Diversified Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.2x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 11% 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 11% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
INGA ING Groep€25.034.7%
+€3.2b
58.2%PB1.5x
ABN ABN AMRO Bank€31.014.3%
+€1.1b
98.3%PB1x
TRIO Triodos Bank€29.842.8%
+€11.6m
n/aPB0.3x