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U.S. Diversified Banks Industry Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies21
  • 7D-2.4%
  • 3M9.9%
  • 1Y35.6%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has dropped 4.7%, driven by declines from every company within the industry. This takes the industry's 12 month performance to a gain of 33%. Looking forward, earnings are forecast to grow by 6.9% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Dec 2024US$1.6tUS$486.3bUS$116.2b14.9x14.2x3.4x
Mon, 18 Nov 2024US$1.8tUS$486.3bUS$116.1b16.3x15.2x3.6x
Wed, 16 Oct 2024US$1.6tUS$484.2bUS$116.5b14.9x13.8x3.3x
Fri, 13 Sep 2024US$1.5tUS$485.0bUS$118.5b13.2x12.6x3.1x
Sun, 11 Aug 2024US$1.5tUS$484.7bUS$118.3b13x12.3x3x
Tue, 09 Jul 2024US$1.5tUS$472.8bUS$114.6b13.3x13.1x3.2x
Thu, 06 Jun 2024US$1.5tUS$478.7bUS$116.1b13x12.6x3.1x
Sat, 04 May 2024US$1.4tUS$476.1bUS$124.6b12.8x11.5x3x
Mon, 01 Apr 2024US$1.5tUS$475.0bUS$128.1b12.3x11.6x3.1x
Wed, 28 Feb 2024US$1.3tUS$474.9bUS$128.0b11.2x10.5x2.8x
Fri, 26 Jan 2024US$1.3tUS$473.4bUS$127.4b10.6x10x2.7x
Sun, 24 Dec 2023US$1.3tUS$473.2bUS$138.3b9.8x9.2x2.7x
Tue, 21 Nov 2023US$1.1tUS$473.1bUS$138.3b8.9x8.3x2.4x
Thu, 19 Oct 2023US$1.1tUS$470.4bUS$138.2b7.6x7.7x2.3x
Sat, 16 Sep 2023US$1.1tUS$461.2bUS$132.1b8.2x8.3x2.4x
Mon, 14 Aug 2023US$1.2tUS$460.6bUS$131.8b8.3x8.9x2.5x
Wed, 12 Jul 2023US$1.1tUS$448.9bUS$124.9b8.1x9x2.5x
Fri, 09 Jun 2023US$1.1tUS$448.9bUS$124.9b8.1x8.8x2.5x
Sun, 07 May 2023US$1.0tUS$448.4bUS$115.4b8x8.9x2.3x
Tue, 04 Apr 2023US$934.2bUS$386.9bUS$94.5b9.4x9.9x2.4x
Thu, 02 Mar 2023US$1.1tUS$387.0bUS$94.5b10.8x11.4x2.8x
Sat, 28 Jan 2023US$1.1tUS$386.4bUS$94.5b11x11.5x2.8x
Mon, 26 Dec 2022US$985.1bUS$387.2bUS$98.2b9.8x10x2.5x
Wed, 23 Nov 2022US$1.1tUS$387.2bUS$98.2b10.1x10.9x2.8x
Fri, 21 Oct 2022US$953.4bUS$387.1bUS$98.0b9.5x9.7x2.5x
Sun, 18 Sep 2022US$984.0bUS$389.3bUS$103.7b9.2x9.5x2.5x
Tue, 16 Aug 2022US$1.0tUS$389.2bUS$103.7b9.7x10x2.7x
Thu, 14 Jul 2022US$911.8bUS$398.9bUS$114.6b8.1x8x2.3x
Sat, 11 Jun 2022US$964.1bUS$398.8bUS$114.7b8.7x8.4x2.4x
Mon, 09 May 2022US$1.0tUS$398.4bUS$114.5b9x9.1x2.6x
Wed, 06 Apr 2022US$1.1tUS$411.4bUS$126.6b9x8.9x2.7x
Fri, 04 Mar 2022US$1.2tUS$411.4bUS$126.6b9.6x9.4x2.9x
Sun, 30 Jan 2022US$1.3tUS$410.7bUS$126.4b10.4x10.1x3.1x
Tue, 28 Dec 2021US$1.3tUS$403.8bUS$124.7b11.1x10.3x3.2x
Price to Earnings Ratio

10.3x


Total Market Cap: US$1.3tTotal Earnings: US$124.7bTotal Revenue: US$403.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Diversified Banks Industry Price to Earnings3Y Average 10.3x202220232024
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 14.1x which is higher than its 3-year average PE of 10.3x.
  • The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have declined 2.3% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.4% 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, which has decreased profits.

Industry Comparison

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

US Market-2.39%
Financials-2.56%
Banks-3.37%
Diversified Banks-2.42%
Regional Banks-5.77%
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
FCNC.A First Citizens BancSharesUS$2.13k2.1%
+US$609.9m		48.9%PB1.4x
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USB

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FCNC.A

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