Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Financials Sector Analysis

UpdatedAug 10, 2026
DataAggregated Company Financials
Companies1405
  • 7D0.5%
  • 3M11.0%
  • 1Y9.8%
  • YTD4.2%

The Financials industry has stayed flat over the last week. The past year has been better, since the industry has gained 9.8% in that time. Looking forward, earnings are forecast to grow by 8.1% annually.

Sector Valuation and Performance

Has the U.S. Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 11 Aug 2026US$10.7tUS$3.5tUS$649.3b12.9x16.5x3.1x
Thu, 09 Jul 2026US$10.6tUS$3.4tUS$595.6b13x17.9x3.2x
Sat, 06 Jun 2026US$9.9tUS$3.4tUS$596.8b12.5x16.6x2.9x
Mon, 04 May 2026US$9.9tUS$3.3tUS$589.3b12.8x16.9x3x
Wed, 01 Apr 2026US$9.2tUS$3.3tUS$564.0b12.4x16.4x2.8x
Fri, 27 Feb 2026US$9.9tUS$3.3tUS$565.5b12.4x17.5x3x
Sun, 25 Jan 2026US$10.2tUS$3.2tUS$557.9b12.7x18.4x3.2x
Tue, 23 Dec 2025US$10.5tUS$3.2tUS$552.6b12.9x19x3.3x
Thu, 20 Nov 2025US$9.8tUS$3.2tUS$553.7b11.9x17.7x3.1x
Sat, 18 Oct 2025US$9.9tUS$3.1tUS$528.0b12.4x18.8x3.2x
Mon, 15 Sep 2025US$10.4tUS$3.3tUS$517.4b13.1x20.1x3.1x
Wed, 13 Aug 2025US$10.0tUS$3.3tUS$517.4b12.6x19.3x3x
Fri, 11 Jul 2025US$10.0tUS$3.0tUS$524.9b13.3x19x3.3x
Sun, 08 Jun 2025US$9.7tUS$3.0tUS$525.4b12.5x18.4x3.2x
Tue, 06 May 2025US$9.4tUS$3.0tUS$533.5b12.3x17.5x3.1x
Thu, 03 Apr 2025US$9.4tUS$3.0tUS$544.7b12.3x17.3x3.2x
Sat, 01 Mar 2025US$9.7tUS$3.0tUS$545.6b12.6x17.8x3.3x
Mon, 27 Jan 2025US$9.5tUS$2.9tUS$539.8b12.9x17.6x3.2x
Wed, 25 Dec 2024US$9.5tUS$2.9tUS$504.7b13.1x18.7x3.2x
Fri, 22 Nov 2024US$9.6tUS$2.9tUS$504.6b13.5x19x3.3x
Sun, 20 Oct 2024US$9.1tUS$2.8tUS$469.9b12.9x19.5x3.2x
Tue, 17 Sep 2024US$8.5tUS$2.8tUS$466.0b12.5x18.3x3x
Thu, 15 Aug 2024US$8.1tUS$2.8tUS$466.0b11.9x17.5x2.9x
Sat, 13 Jul 2024US$8.1tUS$2.8tUS$461.2b11.3x17.6x2.9x
Mon, 10 Jun 2024US$7.9tUS$2.8tUS$463.1b10.7x17x2.8x
Wed, 08 May 2024US$7.9tUS$2.8tUS$468.4b10.9x16.9x2.9x
Fri, 05 Apr 2024US$8.0tUS$2.7tUS$475.0b10.7x16.8x2.9x
Sun, 03 Mar 2024US$7.7tUS$2.7tUS$472.8b10.6x16.3x2.8x
Tue, 30 Jan 2024US$7.6tUS$2.7tUS$423.0b12.4x17.9x2.8x
Thu, 28 Dec 2023US$7.4tUS$2.7tUS$446.8b11.7x16.7x2.8x
Sat, 25 Nov 2023US$6.9tUS$2.7tUS$446.4b10.6x15.4x2.5x
Mon, 23 Oct 2023US$6.3tUS$2.7tUS$435.9b10.1x14.4x2.3x
Wed, 20 Sep 2023US$6.8tUS$2.7tUS$430.8b10.4x15.8x2.5x
Fri, 18 Aug 2023US$6.7tUS$2.7tUS$431.0b10.8x15.5x2.5x
Price to Earnings Ratio

15.5x


Total Market Cap: US$6.7tTotal Earnings: US$431.0bTotal Revenue: US$2.7tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Financials Sector Price to Earnings3Y Average 17.5x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Financials 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 17.5x.
  • The industry is trading close to its 3-year average PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 15% per year over the last three years.
  • Revenues for these companies have grown 9.4% 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 U.S. Financials sector?

US Market2.74%
Financials0.52%
Mortgage REITs1.84%
Capital Markets1.07%
Insurance0.57%
Banks0.40%
Diversified Financial0.19%
Mortgage Finance0%0
Consumer Finance-0.16%
Industry PE
  • Investors are most optimistic about the Capital Markets industry even though it's trading below its 3-year average PE ratio of 25.7x.
    • Analysts are expecting annual earnings growth of 12.1%, which is lower than the prior year's growth of 35.8% per year.
  • Investors are most pessimistic about the Mortgage REITs industry, which is trading below its 3-year average of 18.5x.
Forecasted Growth
  • Analysts are most optimistic on the Mortgage REITs industry, expecting annual earnings growth of 22% over the next 5 years.
  • This is better than its past earnings growth rate of 13% per year.
  • In contrast, the Insurance industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
BRK.A Berkshire HathawayUS$793.82k3.3%
+US$28.2b		13.7%PE13.2x
JPM JPMorgan ChaseUS$359.792.0%
+US$19.0b		24.3%PB2.7x
BAC Bank of AmericaUS$63.862.2%
+US$9.6b		38.3%PB1.6x
MS Morgan StanleyUS$215.331.9%
+US$6.1b		49.7%PE17.3x
BX BlackstoneUS$141.665.2%
+US$5.6b		-16.7%PE32.2x

Latest News

V
US$362.50
Visa
7D
-0.9%
1Y
7.9%
BRK.A
US$780,085.97
Berkshire Hathaway
7D
1.5%
1Y
11.7%
Seeking Alpha • 13h

Stick To Berkshire In A Risky Market After Solid Earnings And Increased Share Buybacks

Summary Berkshire Hathaway's recent Q2 earnings report showed huge improvement in operating results along with a jump in share buybacks which may approach 2021's $50+ billion. Both operating improvements and the Taylor Morrison purchase show how Greg Abel applies his business knowledge and skills in making investments. BRK.B may be the stock to depend on in a market with the S&P 500 three standard deviations above its long term trend. A correction can come at any time, perhaps months, perhaps years, but Berkshire has a record of outperforming in tough times. Read the full article on Seeking Alpha
AFL
US$124.61
Aflac
7D
-1.7%
1Y
19.6%
KKR
US$102.81
KKR
7D
-3.5%
1Y
-27.4%
NU
US$13.84
Nu Holdings
7D
-4.2%
1Y
16.1%
Seeking Alpha • Aug 08

Nu Holdings Q2 Earnings Preview: Take Advantage Of A Clear Catalyst And A Compelling Valuation

Summary Nu Holdings is upgraded to a strong buy ahead of Q2 2026, citing the best entry point since April 2024. Desenrola 2.0, Brazil’s consumer debt relief program, is a key catalyst, with NU leading 40% of renegotiated debt volume. Expected benefits include improved NPLs by 40–50 bps, NIM up 70 bps QoQ, and potential $18 million unlocked in provisions. Valuation is compelling at 15x forward earnings, with a 26% upside to 19x, supported by strong medium-term catalysts and a safety margin. Read the full article on Seeking Alpha
JPM
US$357.52
JPMorgan Chase
7D
1.4%
1Y
23.5%
PGR
US$215.33
Progressive
7D
2.3%
1Y
-12.1%
Narrative Update • Aug 08

PGR: AI And Underwriting Discipline Will Support Resilient Margins Through 2028

Analysts trimmed their blended price target on Progressive by about $7 to reflect reduced fair value and profit margin assumptions, along with a slightly higher discount rate, even as they factor in firmer revenue growth and a modestly lower future P/E multiple. Analyst Commentary Recent Street research on Progressive shows a mix of caution and optimism as analysts reassess valuation, growth expectations, and underwriting trends.
MA
US$562.95
Mastercard
7D
-1.4%
1Y
-1.9%
AXP
US$340.91
American Express
7D
-1.1%
1Y
15.1%
GS
US$1,039.61
Goldman Sachs Group
7D
1.2%
1Y
44.5%
SPGI
US$408.19
S&P Global
7D
-1.9%
1Y
-26.6%
WFC
US$87.25
Wells Fargo
7D
-0.7%
1Y
12.5%
BAC
US$63.17
Bank of America
7D
1.1%
1Y
36.9%
MS
US$216.33
Morgan Stanley
7D
2.4%
1Y
50.4%
Seeking Alpha • Aug 03

Morgan Stanley: Why Crypto Strengthens The Wealth Management Flywheel

Summary Morgan Stanley is increasingly driven by its wealth management franchise, which attracted a record $148.1B in Q2 net new assets. I see MS as undervalued, with a base case price target of $228, driven by recurring fee-based earnings and margin expansion rather than multiple expansion. The firm's workplace equity business creates a hard-to-replicate asset-gathering pipeline, supporting sustainable EPS growth and justifying a premium valuation. Crypto enhances client retention and platform completeness but is not a material near-term earnings driver; buybacks and capital returns further support the investment case. Read the full article on Seeking Alpha
C
US$135.00
Citigroup
7D
1.1%
1Y
46.2%
Narrative Update • Aug 03

C: Digital Expansion And Capital Returns Will Shape Future Risk Reward Balance

Citigroup's analyst price target has been adjusted from about $126 to about $132, reflecting analysts' updated assumptions around fair value, discount rate, revenue growth, profit margin and expected future P/E multiples. What’s in the News for Citigroup Citigroup is a key player in the growing market for leveraged exchange traded funds and is using exotic options known as crash puts to transfer extreme downside risk to investors who are prepared to take it.
HOOD
US$93.29
Robinhood Markets
7D
3.3%
1Y
-17.9%
Seeking Alpha • Jul 29

Robinhood: A Decent Q2 Despite Crypto Flop

Summary Robinhood Markets, Inc. reported record Q2 net revenue of $1.31B and EPS of $0.62, but earnings were boosted by one-off items. HOOD's business remains heavily reliant on speculative retail trading, with options and event contracts driving growth while crypto revenues declined sharply. Management trimmed 2026 expense guidance and executed workforce reductions, yet continues aggressive expansion into blockchain, tokenization, and global crypto markets. At a $82B market cap and 44x trailing earnings, HOOD stock's valuation prices in sustained growth, but profitability remains highly sensitive to retail trading sentiment. Read the full article on Seeking Alpha