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U.S. Banks Industry Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies686
  • 7D-2.8%
  • 3M3.2%
  • 1Y35.5%
  • YTD32.7%

Over the last 7 days, the Banks industry has dropped 2.8%, driven by a pullback from Bank of America of 4.1%. This takes the industry's 12 month performance to a gain of 36%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sun, 05 Dec 2021US$2.1tUS$623.6bUS$193.0b10.5x
Tue, 02 Nov 2021US$2.2tUS$624.2bUS$192.6b10.9x
Thu, 30 Sep 2021US$2.2tUS$601.9bUS$180.9b11.2x
Sat, 28 Aug 2021US$2.1tUS$602.6bUS$181.0b11.1x
Sun, 04 Jul 2021US$2.1tUS$604.8bUS$181.3b10.9x
Wed, 07 Apr 2021US$2.0tUS$548.9bUS$139.9b11.5x
Sat, 09 Jan 2021US$1.6tUS$494.4bUS$96.9b11.1x
Fri, 02 Oct 2020US$1.2tUS$485.1bUS$91.7b9.6x
Mon, 06 Jul 2020US$1.3tUS$485.9bUS$95.7b10.1x
Thu, 09 Apr 2020US$1.2tUS$520.6bUS$127.0b9.5x
Wed, 01 Jan 2020US$2.0tUS$556.4bUS$158.7b12.8x
Sat, 05 Oct 2019US$1.8tUS$551.2bUS$160.2b12.1x
Tue, 09 Jul 2019US$1.8tUS$549.6bUS$162.1b12.6x
Mon, 01 Apr 2019US$1.7tUS$546.2bUS$158.2b12.7x
Thu, 03 Jan 2019US$1.6tUS$542.2bUS$154.6b12.2x
PE Ratio

12.2x

Total Market Cap: US$1.6tTotal Earnings: US$154.6bTotal Revenue: US$542.2b0%0%0%3 Year10 Year
20202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 11.5x. However, future earnings are expected to decline by 0.9% which could potentially cause the PE ratio to fall below its historical average.

Past Earnings Growth: The earnings for companies in the Banks industry have grown 7.7% per year over the last three years, and revenues for these companies have grown 4.8% 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. Banks industry?

Regional Banks-2.48%
Diversified Banks-2.95%

Industry PE: Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 11.1x. However analysts are expecting annual earnings decline of 4.2%, which is lower than the prior year's growth of 62% per year. So the market might believe that analysts are underestimating future growth or they expect the Diversified Banks industry's earnings to deteriorate the least compared to other industries. Meanwhile, investors are most pessimistic about the Regional 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 4.1% over the next 5 years. Meanwhile, the Diversified Banks industry is expected to see its earnings decline by 4.2% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
FITB Fifth Third Bancorp1.3%+US$389.7m57.1%PB1.4x
OSBC Old Second Bancorp-3.6%US$210.3m19.6%PB1.8x
VLY Valley National Bancorp-1.1%US$154.8m40.6%PB1.3x
MPB Mid Penn Bancorp-6.7%US$112.2m29.7%PB1.4x
SFNC Simmons First National2.2%+US$73.5m41.1%PB1.1x
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C

US$62.76

Citigroup

7D

-4.2%

1Y

7.1%