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Swedish (OMX) Diversified Banks Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies6
- 7D2.1%
- 3M9.5%
- 1Y14.1%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has risen 2.2%, driven by gains from every company within the industry. This means that the industry has gained 14% over the past year. In the next few years, earnings are forecast to decline by 6.8% annually.
Industry Valuation and Performance
Has the Swedish Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | SEK 846.8b | SEK 221.9b | SEK 100.3b | 8.9x | 8.4x | 3.8x |
| Thu, 19 Dec 2024 | SEK 801.1b | SEK 221.6b | SEK 100.2b | 8.3x | 8x | 3.6x |
| Sat, 16 Nov 2024 | SEK 787.9b | SEK 221.6b | SEK 100.2b | 8.2x | 7.9x | 3.6x |
| Mon, 14 Oct 2024 | SEK 760.8b | SEK 221.8b | SEK 101.5b | 7.3x | 7.5x | 3.4x |
| Wed, 11 Sep 2024 | SEK 1.2t | SEK 356.9b | SEK 159.7b | 7.4x | 7.5x | 3.4x |
| Fri, 09 Aug 2024 | SEK 1.2t | SEK 357.4b | SEK 159.9b | 7.2x | 7.3x | 3.3x |
| Sun, 07 Jul 2024 | SEK 1.2t | SEK 354.0b | SEK 160.7b | 7.5x | 7.7x | 3.5x |
| Tue, 04 Jun 2024 | SEK 1.2t | SEK 353.9b | SEK 160.7b | 7.4x | 7.6x | 3.4x |
| Thu, 02 May 2024 | SEK 1.2t | SEK 358.4b | SEK 162.7b | 7.2x | 7.3x | 3.3x |
| Sat, 30 Mar 2024 | SEK 1.2t | SEK 350.6b | SEK 158.4b | 7.7x | 7.5x | 3.4x |
| Mon, 26 Feb 2024 | SEK 1.3t | SEK 345.7b | SEK 156.6b | 8.1x | 8x | 3.6x |
| Wed, 24 Jan 2024 | SEK 1.2t | SEK 344.3b | SEK 156.8b | 7.7x | 7.6x | 3.4x |
| Fri, 22 Dec 2023 | SEK 1.2t | SEK 341.1b | SEK 155.5b | 7.6x | 7.5x | 3.4x |
| Sun, 19 Nov 2023 | SEK 1.1t | SEK 345.5b | SEK 157.4b | 7.1x | 7x | 3.2x |
| Tue, 17 Oct 2023 | SEK 1.2t | SEK 327.4b | SEK 144.9b | 7.9x | 8x | 3.6x |
| Thu, 14 Sep 2023 | SEK 1.1t | SEK 332.1b | SEK 146.9b | 7.4x | 7.5x | 3.3x |
| Sat, 12 Aug 2023 | SEK 1.1t | SEK 331.2b | SEK 146.5b | 7.6x | 7.7x | 3.4x |
| Mon, 10 Jul 2023 | SEK 1.1t | SEK 308.8b | SEK 131.8b | 8.2x | 8.1x | 3.4x |
| Wed, 07 Jun 2023 | SEK 1.0t | SEK 306.6b | SEK 131.0b | 7.9x | 7.9x | 3.4x |
| Fri, 05 May 2023 | SEK 998.0b | SEK 302.6b | SEK 129.3b | 7.7x | 7.7x | 3.3x |
| Sun, 02 Apr 2023 | SEK 1.0t | SEK 277.4b | SEK 111.7b | 8.8x | 9.1x | 3.7x |
| Tue, 28 Feb 2023 | SEK 1.2t | SEK 275.2b | SEK 110.9b | 10.4x | 11.2x | 4.5x |
| Thu, 26 Jan 2023 | SEK 1.1t | SEK 257.0b | SEK 104.4b | 10.7x | 11x | 4.5x |
| Sat, 24 Dec 2022 | SEK 1.1t | SEK 257.1b | SEK 104.5b | 10.2x | 10.4x | 4.2x |
| Mon, 21 Nov 2022 | SEK 1.1t | SEK 255.3b | SEK 103.8b | 10.1x | 10.2x | 4.1x |
| Wed, 19 Oct 2022 | SEK 996.4b | SEK 249.6b | SEK 102.8b | 9.7x | 9.7x | 4x |
| Fri, 16 Sep 2022 | SEK 996.9b | SEK 247.5b | SEK 102.0b | 9.4x | 9.8x | 4x |
| Sun, 14 Aug 2022 | SEK 973.7b | SEK 243.2b | SEK 100.3b | 9.4x | 9.7x | 4x |
| Tue, 12 Jul 2022 | SEK 912.1b | SEK 244.7b | SEK 102.6b | 8.9x | 8.9x | 3.7x |
| Thu, 09 Jun 2022 | SEK 982.1b | SEK 242.9b | SEK 101.9b | 9.7x | 9.6x | 4x |
| Sat, 07 May 2022 | SEK 971.8b | SEK 247.5b | SEK 107.3b | 9.4x | 9.1x | 3.9x |
| Mon, 04 Apr 2022 | SEK 947.1b | SEK 242.9b | SEK 105.5b | 9.4x | 9x | 3.9x |
| Wed, 02 Mar 2022 | SEK 974.6b | SEK 246.1b | SEK 106.8b | 9.1x | 9.1x | 4x |
| Fri, 28 Jan 2022 | SEK 1.1t | SEK 243.8b | SEK 101.1b | 11.1x | 10.9x | 4.5x |
Price to Earnings Ratio
10.9x
Current Industry PE
- Investors are relatively neutral on the Swedish Diversified 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 8.5x.
- The industry is trading close to its 3-year average PS ratio of 3.7x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 3.1% per year.
- This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.
Industry Comparison
How does Swedish Diversified Banks compare with similar industries?
| SE Market | 4.42% | |
| Financials | 4.20% | |
| Banks | 2.07% | |
| Diversified Banks | 2.07% | |
| Regional Banks | 0% | 0 |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SEB A Skandinaviska Enskilda Banken | SEK 160.45 | 2.4% +SEK 7.5b | 14.5% | PB1.5x | |
| SWED A Swedbank | SEK 233.00 | 2.1% +SEK 5.3b | 16.6% | PB1.3x | |
| SHB A Svenska Handelsbanken | SEK 120.55 | 1.5% +SEK 3.6b | 9.5% | PB1.2x | |
| TFBANK TF Bank | SEK 406.00 | 6.3% +SEK 516.0m | 148.5% | PB3.5x | |
| NORION Norion Bank | SEK 38.30 | 3.2% +SEK 246.5m | -3.4% | PB0.9x |