Here's Why Santander Bank Polska (WSE:SPL) Has Caught The Eye Of Investors
Jun 23
Polish (WIG) Banks Industry Analysis
UpdatedJun 23, 2024
DataAggregated Company Financials
Companies11
- 7D5.3%
- 3M-4.4%
- 1Y58.8%
- YTD14.8%
The Banks industry is up 5.3% in the last week, with Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna up 5.8%. This means that the industry has gained 59% over the past year. As for the next few years, earnings are expected to grow by 8.4% per annum.
Industry Valuation and Performance
Has the Polish Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 23 Jun 2024 | zł289.4b | zł94.1b | zł28.6b | 10.1x | 10.1x | 3.1x |
| Tue, 21 May 2024 | zł283.8b | zł93.7b | zł28.6b | 9.9x | 9.9x | 3x |
| Thu, 18 Apr 2024 | zł300.6b | zł91.5b | zł27.3b | 11.7x | 11x | 3.3x |
| Sat, 16 Mar 2024 | zł299.3b | zł91.5b | zł27.3b | 11.3x | 10.9x | 3.3x |
| Mon, 12 Feb 2024 | zł263.2b | zł92.0b | zł28.0b | 9.2x | 9.4x | 2.9x |
| Wed, 10 Jan 2024 | zł255.1b | zł90.8b | zł28.3b | 9.2x | 9x | 2.8x |
| Fri, 08 Dec 2023 | zł255.6b | zł90.8b | zł28.3b | 9.2x | 9x | 2.8x |
| Sun, 05 Nov 2023 | zł226.8b | zł82.1b | zł21.9b | 9.7x | 10.3x | 2.8x |
| Tue, 03 Oct 2023 | zł180.6b | zł71.7b | zł13.3b | 9.5x | 13.6x | 2.5x |
| Thu, 31 Aug 2023 | zł195.3b | zł71.5b | zł13.2b | 10.6x | 14.8x | 2.7x |
| Sat, 29 Jul 2023 | zł206.1b | zł68.0b | zł12.1b | 13.9x | 17.1x | 3x |
| Mon, 26 Jun 2023 | zł182.2b | zł67.9b | zł11.6b | 12.6x | 15.7x | 2.7x |
| Wed, 24 May 2023 | zł174.8b | zł68.8b | zł11.6b | 11.9x | 15.1x | 2.5x |
| Fri, 21 Apr 2023 | zł171.9b | zł64.5b | zł10.4b | 12.4x | 16.5x | 2.7x |
| Sun, 19 Mar 2023 | zł141.2b | zł64.5b | zł10.7b | 9.9x | 13.2x | 2.2x |
| Tue, 14 Feb 2023 | zł158.6b | zł63.6b | zł9.0b | 11.1x | 17.5x | 2.5x |
| Thu, 12 Jan 2023 | zł168.0b | zł62.5b | zł4.9b | 13.6x | 34.4x | 2.7x |
| Sat, 10 Dec 2022 | zł144.7b | zł62.5b | zł4.9b | 11.8x | 29.6x | 2.3x |
| Mon, 07 Nov 2022 | zł136.9b | zł64.5b | zł9.0b | 10.8x | 15.2x | 2.1x |
| Wed, 05 Oct 2022 | zł117.4b | zł66.3b | zł12.3b | 6.9x | 9.6x | 1.8x |
| Fri, 02 Sep 2022 | zł114.5b | zł65.2b | zł11.7b | 6.7x | 9.8x | 1.8x |
| Sun, 31 Jul 2022 | zł132.3b | zł61.8b | zł11.4b | 8.3x | 11.6x | 2.1x |
| Tue, 28 Jun 2022 | zł140.6b | zł59.8b | zł11.7b | 8.3x | 12x | 2.4x |
| Thu, 26 May 2022 | zł153.6b | zł59.8b | zł11.7b | 9.3x | 13.1x | 2.6x |
| Sat, 23 Apr 2022 | zł179.4b | zł55.3b | zł9.1b | 12.1x | 19.7x | 3.2x |
| Mon, 21 Mar 2022 | zł188.9b | zł55.2b | zł9.3b | 13.5x | 20.3x | 3.4x |
| Wed, 16 Feb 2022 | zł226.4b | zł48.2b | zł3.2b | 16.1x | 69.9x | 4.7x |
| Fri, 14 Jan 2022 | zł237.5b | zł47.1b | zł4.6b | 18.5x | 51.3x | 5x |
| Sun, 12 Dec 2021 | zł210.5b | zł47.1b | zł4.6b | 17x | 45.5x | 4.5x |
| Tue, 09 Nov 2021 | zł238.0b | zł47.0b | zł4.6b | 20.4x | 51.6x | 5.1x |
| Thu, 07 Oct 2021 | zł213.9b | zł45.5b | zł3.9b | 19.3x | 54.5x | 4.7x |
| Sat, 04 Sep 2021 | zł191.3b | zł45.5b | zł3.9b | 15.8x | 48.7x | 4.2x |
| Mon, 02 Aug 2021 | zł165.7b | zł45.5b | zł3.9b | 14.1x | 42.2x | 3.6x |
Price to Earnings Ratio
41.3x
Current Industry PE
- Investors are pessimistic on the Polish Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 10.1x which is lower than its 3-year average PE of 22.7x.
- The industry is trading close to its 3-year average PS ratio of 3.0x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 94% per year over the last three years.
- Revenues for these companies have grown 27% 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 Polish Financials industry?
| PL Market | 3.05% | |
| Financials | 4.93% | |
| Banks | 5.32% | |
| Diversified Banks | 5.32% | |
| Regional Banks | 0% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 22.7x.
- Analysts are expecting annual earnings growth of 8.4%, which is lower than the prior year's growth of 82.4% per year.
- Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 22.7x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 8.4% over the next 5 years.
- However this is lower than its past earnings growth rate of 82% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 8.4% 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 | |
|---|---|---|---|---|---|
| PKO Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna | zł60.60 | 5.8% +zł4.1b | 71.9% | PB1.6x | |
| ING ING Bank Slaski | zł295.00 | 6.3% +zł2.3b | 70.5% | PB2.2x | |
| BNP BNP Paribas Bank Polska | zł112.00 | 15.5% +zł2.2b | 99.3% | PB1.2x | |
| SPL Santander Bank Polska | zł512.40 | 4.0% +zł2.0b | 37.4% | PB1.6x | |
| PEO Bank Polska Kasa Opieki | zł162.20 | 4.1% +zł1.7b | 49.8% | PB1.3x |
