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Palestinian (Al-Quds) Banks Industry Analysis

UpdatedMar 26, 2024
DataAggregated Company Financials
Companies7
  • 7D0.6%
  • 3M-9.0%
  • 1Y-20.1%
  • YTD-9.1%

The Banks is pretty flat in the last 7 days, but Palestine Islamic Bank has stood out, gaining 5.0%. As for the longer term, the industry has declined 20% in the last year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 26 Mar 2024₪1.1b₪442.0m₪53.1m21.2x20.6x2.5x
Thu, 22 Feb 2024₪1.1b₪541.4m₪101.7m11.3x11x2.1x
Sat, 20 Jan 2024₪1.2b₪541.4m₪101.7m12x11.5x2.2x
Mon, 18 Dec 2023₪1.2b₪584.8m₪146.5m10.1x8.2x2x
Wed, 15 Nov 2023₪1.2b₪584.8m₪146.5m10.3x8.5x2.1x
Fri, 13 Oct 2023₪1.3b₪584.8m₪146.5m11.2x9x2.2x
Sun, 10 Sep 2023₪1.4b₪584.9m₪146.5m11.7x9.3x2.3x
Tue, 08 Aug 2023₪1.4b₪568.5m₪136.9m11.8x9.9x2.4x
Thu, 06 Jul 2023₪1.4b₪568.5m₪136.9m11.7x10x2.4x
Sat, 03 Jun 2023₪1.4b₪564.0m₪136.1m12.1x10.2x2.5x
Mon, 01 May 2023₪1.4b₪546.2m₪131.2m12.3x10.3x2.5x
Wed, 29 Mar 2023₪1.4b₪547.5m₪131.2m12.3x10.5x2.5x
Fri, 24 Feb 2023₪1.4b₪530.3m₪119.8m12.4x11.4x2.6x
Sun, 22 Jan 2023₪1.3b₪530.3m₪119.8m12.3x11x2.5x
Tue, 20 Dec 2022₪1.3b₪530.3m₪119.8m12x10.9x2.5x
Thu, 17 Nov 2022₪1.3b₪514.7m₪114.9m12.5x11.1x2.5x
Sat, 15 Oct 2022₪1.3b₪514.7m₪114.9m12.8x11.3x2.5x
Mon, 12 Sep 2022₪1.3b₪514.7m₪114.9m13.1x11.7x2.6x
Wed, 10 Aug 2022₪1.4b₪514.7m₪111.5m14x12.1x2.6x
Fri, 08 Jul 2022₪1.3b₪514.7m₪111.5m13.9x11.5x2.5x
Sun, 05 Jun 2022₪1.3b₪514.7m₪111.5m13.6x11.2x2.4x
Tue, 03 May 2022₪1.2b₪504.4m₪100.8m13.4x11.5x2.3x
Thu, 31 Mar 2022₪1.2b₪506.5m₪101.1m13.5x11.7x2.3x
Sat, 26 Feb 2022₪1.2b₪506.5m₪101.1m13.2x11.7x2.3x
Mon, 24 Jan 2022₪1.2b₪489.2m₪91.6m13x12.7x2.4x
Wed, 22 Dec 2021₪1.1b₪489.2m₪91.6m12.8x12.5x2.3x
Fri, 19 Nov 2021₪1.2b₪489.2m₪91.6m13.2x12.7x2.4x
Sun, 17 Oct 2021₪1.1b₪473.0m₪76.9m15.4x14.9x2.4x
Tue, 14 Sep 2021₪1.1b₪466.0m₪72.9m14.4x15.7x2.5x
Thu, 12 Aug 2021₪1.1b₪466.0m₪72.9m14.7x15.8x2.5x
Mon, 07 Jun 2021₪1.1b₪438.7m₪55.1m14.2x19.4x2.4x
Price to Earnings Ratio

17.4x


Total Market Cap: ₪957.8mTotal Earnings: ₪55.1mTotal Revenue: ₪438.7mTotal Market Cap vs Earnings and Revenue0%0%0%
Palestinian Banks Industry Price to Earnings3Y Average 12.1x202220232024
Current Industry PE
  • Investors are optimistic on the Palestinian Territory, Occupied Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 20.6x which is higher than its 3-year average PE of 12.1x.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Banks industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Trends

Which industries have driven the changes within the Palestinian Financials industry?

PS Market-0.41%
Financials0.35%
Banks0.57%
Regional Banks0.71%
Diversified Banks0.52%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 12.3x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Regional Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 11.7x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ISBK Palestine Islamic BankUS$1.484.2%
+US$6.0m
-23.5%PB1x
AIB Arab Islamic BankUS$1.502.7%
+US$4.0m
-15.7%PB1.1x
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Latest News

AIB

US$1.50

Arab Islamic Bank

7D

2.7%

1Y

-15.7%

ISBK

US$1.48

Palestine Islamic Bank

7D

4.2%

1Y

-23.5%

TNB

US$1.41

National Bank

7D

-6.6%

1Y

-21.7%

SAFABANK

US$0.60

Safa Bank

7D

-3.2%

1Y

-25.0%