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Tunisian (TUNINDEX) Banks Industry Analysis

UpdatedAug 10, 2026
DataAggregated Company Financials
Companies10
  • 7D0.2%
  • 3M20.3%
  • 1Y77.6%
  • YTD49.4%

The Banks is pretty flat in the last 7 days, but Société Tunisienne de Banque Société anonyme has stood out, gaining 7.6%. As for the the longer term, the industry is up 78% over the past 12 months. Earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 10 Aug 2026د.ت22.3bد.ت6.1bد.ت1.7b12.7x13.3x3.7x
Wed, 08 Jul 2026د.ت22.0bد.ت6.1bد.ت1.7b12.5x13.1x3.6x
Fri, 05 Jun 2026د.ت20.0bد.ت6.1bد.ت1.7b11.6x11.9x3.3x
Sun, 03 May 2026د.ت17.7bد.ت6.1bد.ت1.7b11.9x10.3x2.9x
Tue, 31 Mar 2026د.ت17.5bد.ت5.8bد.ت1.7b11.7x10.6x3x
Thu, 26 Feb 2026د.ت17.2bد.ت5.8bد.ت1.7b11.9x10.4x3x
Sat, 24 Jan 2026د.ت16.0bد.ت5.8bد.ت1.7b11.2x9.6x2.8x
Mon, 22 Dec 2025د.ت14.6bد.ت5.8bد.ت1.7b10.1x8.8x2.5x
Wed, 19 Nov 2025د.ت14.9bد.ت5.8bد.ت1.7b9.6x8.9x2.6x
Fri, 17 Oct 2025د.ت13.5bد.ت5.7bد.ت1.7b8.4x8.2x2.4x
Sun, 14 Sep 2025د.ت12.8bد.ت5.7bد.ت1.7b7.7x7.7x2.2x
Tue, 12 Aug 2025د.ت12.5bد.ت5.6bد.ت1.6b8.6x8x2.2x
Thu, 10 Jul 2025د.ت12.3bد.ت5.6bد.ت1.6b8.7x7.9x2.2x
Sat, 07 Jun 2025د.ت12.2bد.ت5.6bد.ت1.6b8.8x7.8x2.2x
Mon, 05 May 2025د.ت12.9bد.ت5.6bد.ت1.6b9x8.3x2.3x
Wed, 02 Apr 2025د.ت12.7bد.ت5.2bد.ت1.4b7.7x9.1x2.4x
Fri, 28 Feb 2025د.ت12.7bد.ت5.2bد.ت1.4b7.6x8.9x2.4x
Sun, 26 Jan 2025د.ت12.0bد.ت5.2bد.ت1.4b7.6x8.4x2.3x
Tue, 24 Dec 2024د.ت11.4bد.ت5.2bد.ت1.4b7.5x8x2.2x
Thu, 21 Nov 2024د.ت11.2bد.ت5.2bد.ت1.4b7.5x7.9x2.1x
Sat, 19 Oct 2024د.ت11.4bد.ت5.2bد.ت1.4b7.6x8x2.2x
Mon, 16 Sep 2024د.ت11.4bد.ت5.2bد.ت1.4b7.7x8x2.2x
Wed, 14 Aug 2024د.ت11.5bد.ت5.2bد.ت1.4b7.8x8x2.2x
Fri, 12 Jul 2024د.ت11.6bد.ت5.2bد.ت1.4b7.8x8.1x2.2x
Sun, 09 Jun 2024د.ت11.5bد.ت5.2bد.ت1.4b8.1x8x2.2x
Tue, 07 May 2024د.ت11.1bد.ت5.3bد.ت1.5b7.8x7.5x2.1x
Thu, 04 Apr 2024د.ت10.9bد.ت4.8bد.ت1.3b8.4x8.3x2.3x
Sat, 02 Mar 2024د.ت10.7bد.ت4.8bد.ت1.3b8.4x8.1x2.2x
Mon, 29 Jan 2024د.ت10.6bد.ت4.0bد.ت1.2b8.5x9.2x2.6x
Wed, 27 Dec 2023د.ت10.5bد.ت4.0bد.ت1.2b8.5x9.1x2.6x
Fri, 24 Nov 2023د.ت10.4bد.ت4.7bد.ت1.3b8x7.7x2.2x
Sun, 22 Oct 2023د.ت10.2bد.ت4.7bد.ت1.3b7.8x7.6x2.2x
Tue, 19 Sep 2023د.ت10.6bد.ت4.7bد.ت1.3b8.2x8x2.3x
Thu, 17 Aug 2023د.ت10.8bد.ت4.7bد.ت1.3b7.9x8.1x2.3x
Price to Earnings Ratio

8.1x


Total Market Cap: د.ت10.8bTotal Earnings: د.ت1.3bTotal Revenue: د.ت4.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Tunisian Banks Industry Price to Earnings3Y Average 8.8x202420252026
Current Industry PE
  • Investors are optimistic on the Tunisian Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 13.3x which is higher than its 3-year average PE of 8.8x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 3.7x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 8.0% per year over the last three years.
  • Revenues for these companies have grown 9.2% 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 Tunisian Financials industry?

TN Market0.14%
Financials0.05%
Banks0.17%
Diversified Banks0.17%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 8.8x.
    • Analysts are expecting annual earnings growth of 10.3%, which is higher than its past year's earnings growth of 8.7% per year.
  • Investors are most pessimistic about the Diversified Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.8x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 10% 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 10% 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
STB Société Tunisienne de Banque Société anonymeد.ت6.677.6%
+د.ت72.0m
122.3%PB0.6x
UBCI Union Bancaire pour le Commerce et L'Industrie Société anonymeد.ت41.804.5%
+د.ت36.0m
114.4%PB1.4x
AB Amen Bank Société anonymeد.ت92.960.7%
+د.ت24.1m
113.7%PB1.8x
WIFAK Wifak International Bankد.ت8.202.5%
+د.ت6.0m
1.2%PB1.4x
BNA Banque Nationale Agricole Société anonymeد.ت23.860.3%
+د.ت3.8m
194.6%PB0.6x

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