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Filipino (PSEi) Banks Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies16
- 7D0.4%
- 3M-7.8%
- 1Y14.6%
- YTD0.6%
Last week, the Banks industry hasn't moved much but Bank of the Philippine Islands is up 3.9% in that time. As for the the longer term, the industry is up 15% over the past 12 months. Looking forward, earnings are forecast to grow by 9.8% annually.
Industry Valuation and Performance
Has the Filipino Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | ₱2.5t | ₱923.9b | ₱289.6b | 5.9x | 8.5x | 2.7x |
| Thu, 19 Dec 2024 | ₱2.4t | ₱923.9b | ₱289.6b | 6.6x | 8.4x | 2.6x |
| Sat, 16 Nov 2024 | ₱2.5t | ₱920.5b | ₱286.5b | 6.1x | 8.6x | 2.7x |
| Mon, 14 Oct 2024 | ₱2.6t | ₱890.9b | ₱274.9b | 6.8x | 9.4x | 2.9x |
| Wed, 11 Sep 2024 | ₱2.4t | ₱890.9b | ₱274.9b | 5.2x | 8.8x | 2.7x |
| Fri, 09 Aug 2024 | ₱2.2t | ₱878.9b | ₱271.7b | 4.8x | 8.2x | 2.5x |
| Sun, 07 Jul 2024 | ₱2.2t | ₱866.6b | ₱268.4b | 5x | 8.3x | 2.6x |
| Tue, 04 Jun 2024 | ₱2.2t | ₱868.3b | ₱268.7b | 4.9x | 8.2x | 2.5x |
| Thu, 02 May 2024 | ₱2.3t | ₱849.6b | ₱264.5b | 4.9x | 8.7x | 2.7x |
| Sat, 30 Mar 2024 | ₱2.3t | ₱839.9b | ₱261.1b | 5.1x | 8.7x | 2.7x |
| Mon, 26 Feb 2024 | ₱2.3t | ₱808.4b | ₱252.2b | 5.6x | 9.1x | 2.8x |
| Wed, 24 Jan 2024 | ₱2.1t | ₱801.7b | ₱248.2b | 5.7x | 8.6x | 2.7x |
| Fri, 22 Dec 2023 | ₱2.0t | ₱801.7b | ₱247.9b | 5.6x | 8x | 2.5x |
| Sun, 19 Nov 2023 | ₱2.0t | ₱801.3b | ₱247.8b | 5.7x | 8.1x | 2.5x |
| Tue, 17 Oct 2023 | ₱2.1t | ₱770.4b | ₱237.8b | 5.1x | 8.7x | 2.7x |
| Thu, 14 Sep 2023 | ₱2.1t | ₱770.4b | ₱237.8b | 5x | 8.6x | 2.7x |
| Sat, 12 Aug 2023 | ₱2.2t | ₱769.3b | ₱242.1b | 4.5x | 8.9x | 2.8x |
| Mon, 10 Jul 2023 | ₱2.1t | ₱746.1b | ₱231.4b | 4.7x | 9x | 2.8x |
| Wed, 07 Jun 2023 | ₱2.1t | ₱745.8b | ₱231.2b | 5.4x | 8.9x | 2.8x |
| Fri, 05 May 2023 | ₱2.2t | ₱718.5b | ₱218.5b | 6.4x | 10x | 3x |
| Sun, 02 Apr 2023 | ₱2.1t | ₱705.0b | ₱213.4b | 6.6x | 9.7x | 3x |
| Tue, 28 Feb 2023 | ₱2.0t | ₱668.5b | ₱201.0b | 6.6x | 10x | 3x |
| Thu, 26 Jan 2023 | ₱2.0t | ₱668.5b | ₱201.0b | 6.4x | 10x | 3x |
| Sat, 24 Dec 2022 | ₱1.8t | ₱668.5b | ₱201.0b | 5.9x | 9x | 2.7x |
| Mon, 21 Nov 2022 | ₱1.8t | ₱668.5b | ₱201.0b | 5.8x | 8.9x | 2.7x |
| Wed, 19 Oct 2022 | ₱1.7t | ₱636.2b | ₱184.5b | 6.1x | 9.3x | 2.7x |
| Fri, 16 Sep 2022 | ₱1.8t | ₱636.1b | ₱184.5b | 6.7x | 9.6x | 2.8x |
| Sun, 14 Aug 2022 | ₱1.7t | ₱644.4b | ₱196.5b | 6.7x | 8.8x | 2.7x |
| Tue, 12 Jul 2022 | ₱1.7t | ₱617.2b | ₱180.4b | 7.3x | 9.4x | 2.7x |
| Thu, 09 Jun 2022 | ₱1.8t | ₱617.2b | ₱180.4b | 7.3x | 10x | 2.9x |
| Sat, 07 May 2022 | ₱1.8t | ₱610.9b | ₱173.6b | 10.5x | 10.2x | 2.9x |
| Mon, 04 Apr 2022 | ₱1.8t | ₱605.5b | ₱170.8b | 11.5x | 10.7x | 3x |
| Wed, 02 Mar 2022 | ₱1.8t | ₱572.5b | ₱157.7b | 11.2x | 11.6x | 3.2x |
| Fri, 28 Jan 2022 | ₱1.8t | ₱572.2b | ₱157.5b | 11.1x | 11.3x | 3.1x |
Price to Earnings Ratio
11.3x
Current Industry PE
- Investors are relatively neutral on the Filipino Banks 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 9.2x.
- The industry is trading close to its 3-year average PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 17% 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 Filipino Financials industry?
| PH Market | -0.033% | |
| Financials | 0.34% | |
| Banks | 0.42% | |
| Regional Banks | 2.13% | |
| Diversified Banks | 0.36% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 9.4x.
- Analysts are expecting annual earnings growth of 9.8%, which is lower than the prior year's growth of 14.0% per year.
- Investors are most pessimistic about the Regional Banks industry, which is trading close to its 3-year average of 4.9x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 9.8% over the next 5 years.
- However this is lower than its past earnings growth rate of 14% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 9.8% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BPI Bank of the Philippine Islands | ₱122.50 | 3.8% +₱23.7b | 13.8% | PB1.5x | |
| MBT Metropolitan Bank & Trust | ₱71.50 | 0.7% +₱2.2b | 23.3% | PB0.8x | |
| AUB Asia United Bank | ₱72.60 | 1.7% +₱873.6m | 116.4% | PB0.9x | |
| SECB Security Bank | ₱77.30 | 0.6% +₱339.1m | 7.4% | PB0.4x | |
| EW East West Banking | ₱9.98 | 1.0% +₱225.0m | 15.6% | PB0.3x |