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U.S. Banks Industry Analysis

UpdatedDec 04, 2022
DataAggregated Company Financials
Companies660
  • 7D-1.7%
  • 3M6.4%
  • 1Y-13.3%
  • YTD-17.2%

Over the last 7 days, the Banks industry has dropped 1.7%, driven by a pullback from Bank of America of 4.3%. Overall the industry is down 13% in 12 months. Looking forward, earnings are forecast to grow by 8.0% annually.

Industry Valuation and Performance

Has the U.S. Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 04 Dec 2022US$1.8tUS$611.6bUS$164.1b10x11.1x3x
Tue, 01 Nov 2022US$1.8tUS$611.6bUS$163.9b9.8x10.9x2.9x
Thu, 29 Sep 2022US$1.6tUS$608.6bUS$167.7b9.5x9.7x2.7x
Sat, 27 Aug 2022US$1.8tUS$608.5bUS$167.7b9.9x10.5x2.9x
Mon, 25 Jul 2022US$1.7tUS$605.4bUS$167.8b9.5x10.3x2.8x
Wed, 22 Jun 2022US$1.7tUS$615.9bUS$179.4b9.6x9.3x2.7x
Fri, 20 May 2022US$1.7tUS$616.0bUS$179.4b9.6x9.7x2.8x
Sun, 17 Apr 2022US$1.9tUS$619.9bUS$182.9b10.1x10.2x3x
Tue, 15 Mar 2022US$2.0tUS$637.2bUS$196.3b10.6x10.3x3.2x
Thu, 10 Feb 2022US$2.3tUS$636.1bUS$196.0b10.8x11.8x3.6x
Sat, 08 Jan 2022US$2.4tUS$624.5bUS$192.9b11.2x12.2x3.8x
Mon, 06 Dec 2021US$2.1tUS$623.6bUS$193.0b10.6x10.9x3.4x
Wed, 03 Nov 2021US$2.2tUS$625.1bUS$192.9b10.8x11.7x3.6x
Fri, 01 Oct 2021US$2.1tUS$601.9bUS$180.9b11.2x11.8x3.5x
Sun, 29 Aug 2021US$2.1tUS$602.6bUS$181.0b11.1x11.8x3.5x
Mon, 05 Jul 2021US$2.1tUS$604.8bUS$181.3b10.9x11.4x3.4x
Thu, 08 Apr 2021US$2.0tUS$548.9bUS$139.9b11.5x14.4x3.7x
Sun, 10 Jan 2021US$1.6tUS$494.4bUS$96.9b11.1x16.8x3.3x
Sat, 03 Oct 2020US$1.2tUS$485.1bUS$91.7b9.6x13.3x2.5x
Tue, 07 Jul 2020US$1.3tUS$485.9bUS$95.7b10.1x13.1x2.6x
Fri, 10 Apr 2020US$1.2tUS$520.6bUS$127.0b9.5x9.1x2.2x
Thu, 02 Jan 2020US$2.0tUS$556.4bUS$158.7b12.8x12.6x3.6x
Price to Earnings Ratio

12.6x


Total Market Cap: US$2.0tTotal Earnings: US$158.7bTotal Revenue: US$556.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Banks Industry Price to Earnings3Y Average 12.2x20212022
Current Industry PE
  • Investors are relatively neutral on the American 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 12.2x.
  • The industry is trading close to its 3-year average PS ratio of 3.1x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 3.2% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the U.S. Financials industry?

US Market1.54%
Financials-0.37%
Banks-1.69%
Regional Banks-1.02%
Diversified Banks-2.17%
Industry PE
  • Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 13.6x.
    • Analysts are expecting annual earnings growth of 8.8%, which is higher than its past year's earnings growth of 4.9% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 11.5x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 8.8% over the next 5 years.
  • This is better than its past earnings growth rate of 4.9% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 7.5% 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
USB U.S. BancorpUS$45.643.1%
+US$4.1b
-17.9%PB1.7x
FRC First Republic BankUS$126.171.6%
+US$358.5m
-38.9%PB1.7x
HBAN Huntington BancsharesUS$15.461.4%
+US$317.4m
3.5%PB1.5x
RF Regions FinancialUS$23.161.3%
+US$271.0m
5.8%PB1.6x
SIVB SVB Financial GroupUS$224.921.0%
+US$137.1m
-66.7%PB1.1x
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Latest News

HBAN

US$15.46

Huntington Bancshares

7D

1.4%

1Y

3.5%

WFC

US$45.94

Wells Fargo

7D

-3.2%

1Y

-3.8%

USB

US$45.64

U.S. Bancorp

7D

3.1%

1Y

-17.9%

ZION

US$52.25

Zions Bancorporation National Association

7D

1.0%

1Y

-15.6%

SIVB

US$224.92

SVB Financial Group

7D

1.0%

1Y

-66.7%

JPM

US$135.16

JPMorgan Chase

7D

-1.2%

1Y

-14.6%

RF

US$23.16

Regions Financial

7D

1.3%

1Y

5.8%

BAC

US$36.08

Bank of America

7D

-4.3%

1Y

-17.8%

MTB

US$169.10

M&T Bank

7D

-1.8%

1Y

15.1%

PNC

US$164.23

PNC Financial Services Group

7D

-2.0%

1Y

-16.9%

FRC

US$126.17

First Republic Bank

7D

1.6%

1Y

-38.9%

FITB

US$35.25

Fifth Third Bancorp

7D

-3.4%

1Y

-18.1%

BOKF

US$105.27

BOK Financial

7D

1.1%

1Y

1.4%