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Dutch (AEX) Banks Industry Analysis

UpdatedNov 03, 2025
DataAggregated Company Financials
Companies3
  • 7D4.6%
  • 3M9.2%
  • 1Y44.8%
  • YTD49.0%

In the last week, the Banks industry is up 4.6%, with ING Groep up 5.2%. In the last 12 months, the industry was up 45%. As for the next few years, earnings are expected to grow by 9.7% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 03 Nov 2025€85.1b€29.3b€7.1b11.3x11.9x2.9x
Wed, 01 Oct 2025€85.2b€28.8b€6.9b11.8x12.3x3x
Fri, 29 Aug 2025€79.2b€28.8b€6.9b10.9x11.5x2.7x
Sun, 27 Jul 2025€78.7b€29.3b€7.4b10.3x10.7x2.7x
Tue, 24 Jun 2025€72.8b€29.3b€7.4b9.5x9.9x2.5x
Thu, 22 May 2025€76.3b€28.9b€7.4b9.8x10.3x2.6x
Sat, 19 Apr 2025€65.3b€28.9b€7.6b8x8.6x2.3x
Mon, 17 Mar 2025€73.1b€28.9b€7.6b8.9x9.6x2.5x
Wed, 12 Feb 2025€63.1b€30.2b€8.9b6.7x7.1x2.1x
Fri, 10 Jan 2025€59.9b€26.0b€6.1b9x9.8x2.3x
Sun, 08 Dec 2024€59.5b€26.0b€6.1b9x9.7x2.3x
Tue, 05 Nov 2024€62.8b€25.9b€6.2b9.4x10.2x2.4x
Thu, 03 Oct 2024€63.6b€28.3b€7.9b7.3x8x2.2x
Sat, 31 Aug 2024€65.0b€28.3b€7.9b7.4x8.2x2.3x
Mon, 29 Jul 2024€69.4b€26.4b€6.9b9.2x10.1x2.6x
Wed, 26 Jun 2024€65.0b€26.4b€6.9b8.6x9.4x2.5x
Fri, 24 May 2024€67.3b€26.4b€6.9b8.9x9.8x2.6x
Sun, 21 Apr 2024€63.6b€26.4b€6.7b8.6x9.4x2.4x
Tue, 19 Mar 2024€60.2b€26.4b€6.7b8.2x8.9x2.3x
Thu, 15 Feb 2024€53.0b€30.5b€9.7b5.4x5.5x1.7x
Sat, 13 Jan 2024€54.8b€42.5b€17.7b3.8x3.1x1.3x
Mon, 11 Dec 2023€57.6b€42.5b€17.7b3.9x3.3x1.4x
Wed, 08 Nov 2023€54.1b€42.5b€17.7b3.8x3.1x1.3x
Fri, 06 Oct 2023€55.0b€31.4b€10.0b5.3x5.5x1.7x
Sun, 03 Sep 2023€57.8b€31.4b€10.0b5.5x5.8x1.8x
Tue, 01 Aug 2023€61.2b€39.4b€15.3b5.1x4x1.6x
Thu, 29 Jun 2023€55.3b€39.4b€15.3b4.6x3.6x1.4x
Sat, 27 May 2023€56.4b€39.4b€15.3b4.8x3.7x1.4x
Mon, 24 Apr 2023€55.0b€37.2b€13.9b5.3x4x1.5x
Wed, 22 Mar 2023€53.4b€37.2b€13.9b5.3x3.8x1.4x
Fri, 17 Feb 2023€62.9b€24.5b€5.5b10.5x11.3x2.6x
Sun, 15 Jan 2023€58.2b€24.7b€5.5b9.7x10.6x2.4x
Tue, 13 Dec 2022€52.0b€24.7b€5.5b8.6x9.5x2.1x
Thu, 10 Nov 2022€50.8b€24.7b€5.6b8.2x9.1x2.1x
Price to Earnings Ratio

9.1x


Total Market Cap: €50.8bTotal Earnings: €5.6bTotal Revenue: €24.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Dutch Banks Industry Price to Earnings3Y Average 8x202320242025
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 12% per year over the last three years.
  • Revenues for these companies have grown 6.4% 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 Market-0.57%
Financials0.96%
Banks4.64%
Diversified Banks4.64%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 7.9x.
    • Analysts are expecting annual earnings growth of 9.7%, which is lower than the prior year's growth of 12.6% per year.
  • 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 7.9x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 9.7% over the next 5 years.
  • However this is lower than its past earnings growth rate of 13% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 9.7% 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€21.915.1%
+€3.0b
38.2%PB1.3x
ABN ABN AMRO Bank€26.173.3%
+€691.5m
69.9%PB0.8x