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U.S. Diversified Banks Industry Analysis

UpdatedJul 13, 2024
DataAggregated Company Financials
Companies22
  • 7D1.1%
  • 3M10.4%
  • 1Y37.4%
  • YTDn/a

The Diversified Banks industry is up 1.3% in the last week, with Bank of America up 2.2%. In the last 12 months, the industry was up 38%. Earnings are forecast to grow by 6.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 13 Jul 2024US$1.5tUS$472.9bUS$114.6b14.1x13.5x3.3x
Mon, 10 Jun 2024US$1.5tUS$478.7bUS$116.1b13x12.7x3.1x
Wed, 08 May 2024US$1.4tUS$476.2bUS$124.6b12.9x11.6x3x
Fri, 05 Apr 2024US$1.5tUS$475.0bUS$128.1b12x11.4x3.1x
Sun, 03 Mar 2024US$1.4tUS$475.0bUS$128.1b11.3x10.7x2.9x
Tue, 30 Jan 2024US$1.3tUS$473.3bUS$127.4b10.9x10.2x2.7x
Thu, 28 Dec 2023US$1.3tUS$473.2bUS$138.3b9.9x9.3x2.7x
Sat, 25 Nov 2023US$1.1tUS$473.1bUS$138.3b8.9x8.2x2.4x
Mon, 23 Oct 2023US$1.0tUS$470.6bUS$137.5b7.7x7.6x2.2x
Wed, 20 Sep 2023US$1.1tUS$461.2bUS$132.1b8.1x8.4x2.4x
Fri, 18 Aug 2023US$1.1tUS$461.1bUS$132.1b8.2x8.5x2.4x
Sun, 16 Jul 2023US$1.1tUS$459.6bUS$130.6b8.1x8.6x2.5x
Tue, 13 Jun 2023US$1.1tUS$448.9bUS$124.9b8.1x8.8x2.4x
Thu, 11 May 2023US$1.0tUS$448.4bUS$124.7b7.7x8.3x2.3x
Sat, 08 Apr 2023US$1.0tUS$435.4bUS$108.0b8.4x9.4x2.3x
Mon, 06 Mar 2023US$1.1tUS$386.9bUS$94.5b10.8x11.5x2.8x
Wed, 01 Feb 2023US$1.1tUS$386.4bUS$94.5b11x11.5x2.8x
Fri, 30 Dec 2022US$1.0tUS$387.2bUS$98.2b9.8x10.2x2.6x
Sun, 27 Nov 2022US$1.1tUS$387.1bUS$98.2b10.2x11x2.8x
Tue, 25 Oct 2022US$990.0bUS$387.1bUS$98.0b9.7x10.1x2.6x
Thu, 22 Sep 2022US$951.2bUS$389.3bUS$103.6b9.1x9.2x2.4x
Sat, 20 Aug 2022US$1.0tUS$389.4bUS$103.7b9.4x9.8x2.6x
Mon, 18 Jul 2022US$943.2bUS$389.6bUS$106.6b8.8x8.8x2.4x
Wed, 15 Jun 2022US$915.1bUS$398.8bUS$114.7b8.3x8x2.3x
Fri, 13 May 2022US$988.3bUS$398.7bUS$114.6b8.6x8.6x2.5x
Sun, 10 Apr 2022US$1.1tUS$411.4bUS$126.6b9.1x8.9x2.7x
Tue, 08 Mar 2022US$1.2tUS$411.3bUS$126.6b8.6x9.1x2.8x
Thu, 03 Feb 2022US$1.3tUS$410.6bUS$126.4b10.7x10.3x3.2x
Sat, 01 Jan 2022US$1.3tUS$403.7bUS$124.7b11x10.3x3.2x
Mon, 29 Nov 2021US$1.3tUS$403.0bUS$124.9b11.1x10.2x3.2x
Wed, 27 Oct 2021US$1.3tUS$404.2bUS$124.7b11.6x10.8x3.3x
Fri, 24 Sep 2021US$1.2tUS$389.3bUS$115.8b10.5x10.6x3.2x
Sun, 22 Aug 2021US$1.2tUS$389.5bUS$115.9b10.5x10.6x3.2x
Price to Earnings Ratio

10.4x


Total Market Cap: US$1.2tTotal Earnings: US$115.9bTotal Revenue: US$389.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Diversified Banks Industry Price to Earnings3Y Average 9.9x202220232024
Current Industry PE
  • Investors are optimistic on the American Diversified Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 13.5x which is higher than its 3-year average PE of 9.9x.
  • The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 6.7% 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 Comparison

How does U.S. Diversified Banks compare with similar industries?

US Market1.18%
Financials2.49%
Banks2.73%
Diversified Banks1.11%
Regional Banks7.56%
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?

CompanyLast Price7D1YValuation
BAC Bank of AmericaUS$41.592.9%
+US$9.2b
42.9%PB1.2x
PNC PNC Financial Services GroupUS$168.567.7%
+US$4.8b
34.0%PB1.5x
USB U.S. BancorpUS$42.107.8%
+US$4.8b
19.2%PB1.3x
NU Nu HoldingsUS$13.414.6%
+US$2.8b
73.7%PB9.4x
FITB Fifth Third BancorpUS$38.486.9%
+US$1.7b
42.6%PB1.5x
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Latest News

WFC

US$56.54

Wells Fargo

7D

-5.2%

1Y

29.8%

BAC

US$41.59

Bank of America

7D

2.9%

1Y

42.9%

KEY

US$15.21

KeyCorp

7D

9.0%

1Y

49.7%

FITB

US$38.48

Fifth Third Bancorp

7D

6.9%

1Y

42.6%

PNC

US$168.56

PNC Financial Services Group

7D

7.7%

1Y

34.0%

NU

US$13.41

Nu Holdings

7D

4.6%

1Y

73.7%

FCNC.A

US$1,748.90

First Citizens BancShares

7D

3.3%

1Y

32.7%