U.S. Diversified Banks Industry Analysis
UpdatedJun 03, 2023
DataAggregated Company Financials
Companies21
- 7D2.2%
- 3M-10.0%
- 1Y-9.0%
- YTD-4.3%
Over the last 7 days, the Diversified Banks industry has risen 2.2%, driven by gains from every company within the industry. In contrast, the industry has lost 9.0% in the last 12 months. Earnings are forecast to grow by 1.0% annually.
Industry Valuation and Performance
Has the U.S. Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 03 Jun 2023 | US$1.1t | US$448.8b | US$124.9b | 8x | 8.7x | 2.4x |
| Mon, 01 May 2023 | US$1.1t | US$448.4b | US$115.4b | 8.6x | 9.3x | 2.4x |
| Wed, 29 Mar 2023 | US$920.8b | US$386.9b | US$94.5b | 9.3x | 9.7x | 2.4x |
| Fri, 24 Feb 2023 | US$1.1t | US$387.0b | US$94.3b | 10.8x | 11.3x | 2.8x |
| Sun, 22 Jan 2023 | US$1.0t | US$386.8b | US$95.2b | 10x | 10.9x | 2.7x |
| Tue, 20 Dec 2022 | US$978.9b | US$387.2b | US$98.2b | 9.8x | 10x | 2.5x |
| Thu, 17 Nov 2022 | US$1.1t | US$387.2b | US$98.2b | 10.2x | 10.8x | 2.7x |
| Sat, 15 Oct 2022 | US$924.6b | US$389.2b | US$103.6b | 9x | 8.9x | 2.4x |
| Mon, 12 Sep 2022 | US$1.0t | US$389.3b | US$103.6b | 9.3x | 9.7x | 2.6x |
| Wed, 10 Aug 2022 | US$980.5b | US$388.9b | US$103.5b | 9.2x | 9.5x | 2.5x |
| Fri, 08 Jul 2022 | US$938.7b | US$399.0b | US$114.6b | 8.3x | 8.2x | 2.4x |
| Sun, 05 Jun 2022 | US$1.1t | US$398.9b | US$114.7b | 9.3x | 9.2x | 2.6x |
| Tue, 03 May 2022 | US$1.0t | US$398.4b | US$114.5b | 8.7x | 8.9x | 2.6x |
| Thu, 31 Mar 2022 | US$1.2t | US$411.4b | US$126.6b | 9.4x | 9.4x | 2.9x |
| Sat, 26 Feb 2022 | US$1.2t | US$411.2b | US$126.6b | 9.9x | 9.7x | 3x |
| Mon, 24 Jan 2022 | US$1.3t | US$410.7b | US$126.4b | 10.3x | 9.9x | 3.1x |
| Wed, 22 Dec 2021 | US$1.3t | US$403.7b | US$124.7b | 10.9x | 10.2x | 3.1x |
| Fri, 19 Nov 2021 | US$1.3t | US$403.0b | US$125.0b | 11.4x | 10.3x | 3.2x |
| Sun, 17 Oct 2021 | US$1.3t | US$400.8b | US$124.8b | 11.1x | 10.5x | 3.3x |
| Tue, 14 Sep 2021 | US$1.2t | US$389.5b | US$115.9b | 10.2x | 10.6x | 3.1x |
| Thu, 12 Aug 2021 | US$1.3t | US$389.5b | US$115.9b | 10.9x | 11.2x | 3.3x |
| Mon, 07 Jun 2021 | US$1.3t | US$351.5b | US$86.3b | 12.8x | 15.3x | 3.8x |
| Sun, 28 Feb 2021 | US$1.1t | US$314.9b | US$60.4b | 16.3x | 18.6x | 3.6x |
| Wed, 02 Dec 2020 | US$909.6b | US$313.8b | US$57.8b | 13.5x | 15.7x | 2.9x |
| Sat, 05 Sep 2020 | US$800.8b | US$318.9b | US$62.9b | 11.1x | 12.7x | 2.5x |
| Tue, 09 Jun 2020 | US$779.8b | US$348.2b | US$87.0b | 8.5x | 9x | 2.2x |
Price to Earnings Ratio
9x
Current Industry PE
- Investors are pessimistic on the American Diversified Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 8.7x which is lower than its 3-year average PE of 11.5x.
- The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 13% per year over the last three years.
- Revenues for these companies have grown 8.8% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does U.S. Diversified Banks compare with similar industries?
| US Market | 2.08% | |
| Financials | 2.55% | |
| Banks | 2.72% | |
| Diversified Banks | 2.21% | |
| Regional Banks | 3.95% | |
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 | |
|---|---|---|---|---|---|
| JPM JPMorgan Chase | US$140.47 | 2.6% +US$10.3b | 7.9% | PB1.5x | |
| C Citigroup | US$46.32 | 3.9% +US$3.3b | -9.8% | PB0.5x | |
| BAC Bank of America | US$28.71 | 1.4% +US$3.2b | -20.7% | PB0.9x | |
| PNC PNC Financial Services Group | US$123.58 | 4.0% +US$1.9b | -28.7% | PB1.2x | |
| USB U.S. Bancorp | US$31.74 | 3.5% +US$1.6b | -38.9% | PB1.1x |