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Filipino (PSEi) Banks Industry Analysis

UpdatedSep 07, 2024
DataAggregated Company Financials
Companies16
  • 7D2.3%
  • 3M7.9%
  • 1Y15.4%
  • YTD17.1%

The Banks industry is up 2.3% in the last week, with BDO Unibank up 2.7%. In the last 12 months, the industry was up 15%. As for the next few years, earnings are expected to grow by 9.7% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Sep 2024₱2.4t₱890.9b₱274.9b4.9x8.8x2.7x
Mon, 05 Aug 2024₱2.3t₱878.6b₱271.8b5x8.4x2.6x
Wed, 03 Jul 2024₱2.2t₱866.6b₱268.4b5x8.1x2.5x
Fri, 31 May 2024₱2.2t₱868.3b₱268.7b5x8x2.5x
Sun, 28 Apr 2024₱2.3t₱849.6b₱264.5b5x8.6x2.7x
Tue, 26 Mar 2024₱2.3t₱839.1b₱261.4b4.9x8.7x2.7x
Thu, 22 Feb 2024₱2.3t₱808.4b₱252.2b5.6x9.1x2.8x
Sat, 20 Jan 2024₱2.1t₱801.7b₱248.2b5.6x8.5x2.6x
Mon, 18 Dec 2023₱2.0t₱801.7b₱247.9b5.4x8x2.5x
Wed, 15 Nov 2023₱2.0t₱791.3b₱247.2b5.5x8x2.5x
Fri, 13 Oct 2023₱2.1t₱770.4b₱237.8b5x8.6x2.7x
Sun, 10 Sep 2023₱2.0t₱770.4b₱237.8b5.1x8.6x2.7x
Tue, 08 Aug 2023₱2.2t₱769.1b₱242.0b4.5x8.9x2.8x
Thu, 06 Jul 2023₱2.1t₱746.1b₱231.4b4.7x9x2.8x
Sat, 03 Jun 2023₱2.0t₱745.8b₱231.2b5.2x8.8x2.7x
Mon, 01 May 2023₱2.2t₱718.3b₱218.4b6.5x10x3x
Wed, 29 Mar 2023₱2.0t₱701.7b₱211.2b6.5x9.7x2.9x
Fri, 24 Feb 2023₱2.0t₱668.5b₱201.0b6.7x10x3x
Sun, 22 Jan 2023₱2.0t₱668.5b₱201.0b6.4x10x3x
Tue, 20 Dec 2022₱1.8t₱668.5b₱201.0b5.9x8.9x2.7x
Thu, 17 Nov 2022₱1.8t₱664.5b₱200.9b6x8.8x2.7x
Sat, 15 Oct 2022₱1.7t₱636.2b₱184.5b6.1x9.1x2.6x
Mon, 12 Sep 2022₱1.8t₱636.1b₱184.5b6.7x9.7x2.8x
Wed, 10 Aug 2022₱1.7t₱631.9b₱187.5b6.9x9x2.7x
Fri, 08 Jul 2022₱1.7t₱617.2b₱180.4b7.2x9.2x2.7x
Sun, 05 Jun 2022₱1.8t₱617.0b₱180.2b7.3x10x2.9x
Tue, 03 May 2022₱1.7t₱609.9b₱172.3b10.3x10x2.8x
Thu, 31 Mar 2022₱1.8t₱600.9b₱171.1b11.3x10.6x3x
Sat, 26 Feb 2022₱1.8t₱572.2b₱157.5b11.2x11.5x3.2x
Mon, 24 Jan 2022₱1.8t₱572.2b₱157.5b11.7x11.4x3.1x
Wed, 22 Dec 2021₱1.7t₱572.2b₱157.5b11.8x11.1x3x
Fri, 19 Nov 2021₱1.7t₱572.9b₱158.4b8.5x10.8x3x
Sun, 17 Oct 2021₱1.7t₱564.3b₱156.8b9x10.8x3x
Tue, 14 Sep 2021₱1.5t₱564.3b₱156.8b9.1x9.8x2.7x
Price to Earnings Ratio

9.8x


Total Market Cap: ₱1.5tTotal Earnings: ₱156.8bTotal Revenue: ₱564.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Filipino Banks Industry Price to Earnings3Y Average 9.4x202220232024
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 9.4x.
  • 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 21% per year over the last three years.
  • Revenues for these companies have grown 16% 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 Market0.28%
Financials2.18%
Banks2.26%
Diversified Banks2.36%
Regional Banks-1.41%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 9.6x.
    • Analysts expect its future annual earnings growth (9.7%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Regional Banks industry, which is trading below its 3-year average of 5.5x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 9.7% 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 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
BDO BDO Unibank₱157.002.7%
+₱22.1b
19.7%PB1.5x
SECB Security Bank₱71.8019.7%
+₱8.9b
-9.1%PB0.4x
MBT Metropolitan Bank & Trust₱75.102.2%
+₱7.2b
36.5%PB1x
BPI Bank of the Philippine Islands₱126.001.0%
+₱6.9b
17.8%PB1.6x
UBP Union Bank of the Philippines₱34.703.6%
+₱4.0b
-36.8%PB0.6x
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Latest News

UBP

₱34.70

Union Bank of the Philippines

7D

3.6%

1Y

-36.8%

SECB

₱71.80

Security Bank

7D

19.7%

1Y

-9.1%

BDO

₱157.00

BDO Unibank

7D

2.7%

1Y

19.7%

BPI

₱126.00

Bank of the Philippine Islands

7D

1.0%

1Y

17.8%

AUB

₱44.85

Asia United Bank

7D

-3.8%

1Y

42.8%

PBB

₱8.31

Philippine Business Bank

7D

-2.1%

1Y

13.8%

MBT

₱75.10

Metropolitan Bank & Trust

7D

2.2%

1Y

36.5%

CSB

₱9.80

Citystate Savings Bank

7D

64.4%

1Y

48.5%

PSB

₱56.00

Philippine Savings Bank

7D

-0.5%

1Y

0.6%

RCB

₱22.30

Rizal Commercial Banking

7D

3.5%

1Y

-4.1%

CBC

₱41.00

China Banking

7D

2.5%

1Y

32.3%