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New Zealand (NZX) Banks Industry Analysis

UpdatedJun 11, 2026
DataAggregated Company Financials
Companies1
  • 7D-5.9%
  • 3M-4.8%
  • 1Y48.8%
  • YTD1.3%

All of the companies in the Banks industry have been up over the last week, with the industry up 5.9%. This takes the industry's 12 month performance to a gain of 37%. Earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

Has the New Zealand Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 11 Jun 2026NZ$1.1bNZ$308.7mNZ$84.0m13.4x13.4x3.6x
Sat, 09 May 2026NZ$1.1bNZ$308.7mNZ$84.0m12.6x12.6x3.4x
Mon, 06 Apr 2026NZ$1.1bNZ$308.7mNZ$84.0m13.2x13.2x3.6x
Wed, 04 Mar 2026NZ$1.2bNZ$308.7mNZ$84.0m14.4x14.4x3.9x
Fri, 30 Jan 2026NZ$1.1bNZ$250.8mNZ$38.8m29.1x29.6x4.6x
Sun, 28 Dec 2025NZ$1.1bNZ$250.8mNZ$38.8m27.7x27.7x4.3x
Tue, 25 Nov 2025NZ$1.0bNZ$250.8mNZ$38.8m26.2x26.2x4.1x
Thu, 23 Oct 2025NZ$999.1mNZ$250.8mNZ$38.8m25.7x25.7x4x
Sat, 20 Sep 2025NZ$900.1mNZ$250.8mNZ$38.8m23.2x23.2x3.6x
Mon, 18 Aug 2025NZ$761.5mNZ$229.5mNZ$40.6m18.8x18.8x3.3x
Wed, 16 Jul 2025NZ$761.5mNZ$229.5mNZ$40.6m18.8x18.8x3.3x
Fri, 13 Jun 2025NZ$770.9mNZ$229.5mNZ$40.6m19x19x3.4x
Sun, 11 May 2025NZ$733.3mNZ$229.5mNZ$40.6m18.1x18.1x3.2x
Tue, 08 Apr 2025NZ$665.6mNZ$229.5mNZ$40.6m16.4x16.4x2.9x
Thu, 06 Mar 2025NZ$806.2mNZ$229.5mNZ$40.6m19.6x19.9x3.5x
Sat, 01 Feb 2025NZ$1.0bNZ$243.9mNZ$74.5m13.6x13.6x4.2x
Mon, 30 Dec 2024NZ$928.0mNZ$243.9mNZ$74.5m12.4x12.4x3.8x
Wed, 27 Nov 2024NZ$928.0mNZ$243.9mNZ$74.5m12.3x12.4x3.8x
Fri, 25 Oct 2024NZ$956.2mNZ$243.9mNZ$74.5m12.8x12.8x3.9x
Sun, 22 Sep 2024NZ$949.2mNZ$243.9mNZ$74.5m12.7x12.7x3.9x
Tue, 20 Aug 2024NZ$1.1bNZ$248.7mNZ$84.8m12.6x12.6x4.3x
Thu, 18 Jul 2024NZ$912.0mNZ$248.7mNZ$84.8m10.8x10.8x3.7x
Sat, 15 Jun 2024NZ$921.3mNZ$248.7mNZ$84.8m10.9x10.9x3.7x
Mon, 13 May 2024NZ$930.6mNZ$248.7mNZ$84.8m11x11x3.7x
Wed, 10 Apr 2024NZ$791.5mNZ$248.7mNZ$84.8m9.3x9.3x3.2x
Fri, 08 Mar 2024NZ$901.2mNZ$248.7mNZ$84.8m10.6x10.6x3.6x
Sun, 04 Feb 2024NZ$987.1mNZ$262.1mNZ$95.9m10.3x10.3x3.8x
Tue, 02 Jan 2024NZ$1.1bNZ$262.1mNZ$95.9m11x11x4x
Thu, 30 Nov 2023NZ$1.2bNZ$262.1mNZ$95.9m12.2x12.5x4.6x
Sat, 28 Oct 2023NZ$1.1bNZ$262.1mNZ$95.9m11.7x11.7x4.3x
Mon, 25 Sep 2023NZ$1.3bNZ$262.1mNZ$95.9m13.3x13.3x4.9x
Wed, 23 Aug 2023NZ$1.2bNZ$264.1mNZ$96.3m12.6x12.6x4.6x
Fri, 21 Jul 2023NZ$1.3bNZ$264.1mNZ$96.3m13.1x13.1x4.8x
Sun, 18 Jun 2023NZ$1.2bNZ$264.1mNZ$96.3m12.4x12.4x4.5x
Price to Earnings Ratio

12.4x


Total Market Cap: NZ$1.2bTotal Earnings: NZ$96.3mTotal Revenue: NZ$264.1mTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Banks Industry Price to Earnings3Y Average 15.7x202420252026
Current Industry PE
    There is only one company in the New Zealander 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 declined 4.4% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.3% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the New Zealand Financials industry?

NZ Market0.64%
Financials-1.86%
Banks-5.93%
Diversified Banks-5.93%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 15.6x.
    • Analysts are expecting annual earnings growth of 13.4%, which is lower than the prior year's growth of 107.2% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 15.6x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 13% over the next 5 years.
  • However this is lower than its past earnings growth rate of 107% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 13% 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
No data available

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