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U.S. Diversified Banks Industry Analysis

UpdatedMar 16, 2026
DataAggregated Company Financials
Companies20
  • 7D-2.9%
  • 3M-11.4%
  • 1Y19.2%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has dropped 3.4%, and Wells Fargo contributed the most with a 7.9% decline. This takes the industry's 12 month performance to a gain of 20%. As for the next few years, earnings are expected to grow by 6.6% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 16 Mar 2026US$1.9tUS$520.2bUS$143.6b12.2x12.9x3.6x
Wed, 11 Feb 2026US$2.2tUS$518.9bUS$143.0b14.3x15.2x4.2x
Fri, 09 Jan 2026US$2.2tUS$511.5bUS$142.4b14.6x15.4x4.3x
Sun, 07 Dec 2025US$2.1tUS$511.6bUS$142.4b14x14.6x4.1x
Tue, 04 Nov 2025US$2.0tUS$510.7bUS$142.1b13.6x14.2x4x
Thu, 02 Oct 2025US$2.0tUS$497.9bUS$136.3b13.4x15x4.1x
Sat, 30 Aug 2025US$2.0tUS$497.8bUS$136.3b13.8x14.6x4x
Mon, 28 Jul 2025US$2.0tUS$497.7bUS$136.1b13.4x14.3x3.9x
Wed, 25 Jun 2025US$1.8tUS$499.0bUS$137.0b12.5x13.5x3.7x
Fri, 23 May 2025US$1.7tUS$498.7bUS$137.0b11.5x12.5x3.4x
Sun, 20 Apr 2025US$1.5tUS$498.5bUS$136.9b10.6x11.1x3x
Tue, 18 Mar 2025US$1.6tUS$494.8bUS$133.0b11.5x12.1x3.3x
Thu, 13 Feb 2025US$1.9tUS$494.6bUS$132.7b13.5x14.1x3.8x
Sat, 11 Jan 2025US$1.7tUS$486.3bUS$116.2b14.6x14.8x3.5x
Mon, 09 Dec 2024US$1.8tUS$486.3bUS$116.2b16x15.2x3.6x
Wed, 06 Nov 2024US$1.6tUS$485.5bUS$115.8b14.6x13.7x3.3x
Fri, 04 Oct 2024US$1.5tUS$486.6bUS$118.5b13.3x12.7x3.1x
Sun, 01 Sep 2024US$1.6tUS$485.3bUS$118.5b13.8x13.5x3.3x
Tue, 30 Jul 2024US$1.6tUS$484.7bUS$118.3b14x13.2x3.2x
Thu, 27 Jun 2024US$1.5tUS$478.6bUS$116.0b12.9x12.6x3.1x
Sat, 25 May 2024US$1.5tUS$478.7bUS$116.1b13.1x12.6x3.1x
Mon, 22 Apr 2024US$1.4tUS$476.2bUS$124.6b12.6x11.3x3x
Wed, 20 Mar 2024US$1.4tUS$475.0bUS$128.1b11.7x11.1x3x
Fri, 16 Feb 2024US$1.3tUS$473.1bUS$127.3b11.2x10.2x2.7x
Sun, 14 Jan 2024US$1.3tUS$473.9bUS$139.1b9.7x9.1x2.7x
Tue, 12 Dec 2023US$1.2tUS$473.1bUS$138.3b9.3x8.6x2.5x
Thu, 09 Nov 2023US$1.1tUS$472.6bUS$138.0b8.3x7.8x2.3x
Sat, 07 Oct 2023US$1.0tUS$461.0bUS$132.1b7.6x7.9x2.3x
Mon, 04 Sep 2023US$1.1tUS$461.2bUS$132.1b8.2x8.3x2.4x
Wed, 02 Aug 2023US$1.2tUS$459.3bUS$131.4b8.5x9.1x2.6x
Fri, 30 Jun 2023US$1.1tUS$448.9bUS$124.9b8.1x8.8x2.4x
Sun, 28 May 2023US$1.1tUS$448.8bUS$124.9b7.9x8.5x2.4x
Tue, 25 Apr 2023US$1.1tUS$448.3bUS$115.4b8.5x9.4x2.4x
Thu, 23 Mar 2023US$907.2bUS$386.9bUS$94.5b9.1x9.6x2.3x
Price to Earnings Ratio

9.6x


Total Market Cap: US$907.2bTotal Earnings: US$94.5bTotal Revenue: US$386.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Diversified Banks Industry Price to Earnings3Y Average 12x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Diversified 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 12.0x.
  • The 3-year average PS ratio of 3.2x is lower than the industry's current PS ratio of 3.6x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have grown 15% per year over the last three years.
  • Revenues for these companies have grown 10% 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-2.40%
Financials-2.98%
Banks-2.98%
Diversified Banks-2.91%
Regional Banks-3.18%
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
NTB Bank of N.T. Butterfield & SonUS$50.541.5%
+US$30.2m		33.3%PB1.8x

Latest News

BAC
US$46.72
Bank of America
7D
-2.5%
1Y
12.7%
USB
US$51.00
U.S. Bancorp
7D
-2.2%
1Y
20.9%
NTB
US$50.54
Bank of N.T. Butterfield & Son
7D
1.5%
1Y
33.3%

NTB: Raised Price Outlook And Share Repurchases Will Support Future Upside Potential

Narrative Update on Analyst Price Target Analysts have raised their price target on Bank of N.T. Butterfield & Son by $7, citing updated research that reflects their latest views on valuation and business fundamentals. Analyst Commentary The recent price target increase on Bank of N.T. Butterfield & Son is based on updated analyst views of how the bank is executing against its business fundamentals and how that compares with its current valuation.
JPM
US$283.44
JPMorgan Chase
7D
-2.2%
1Y
21.2%
FITB
US$43.40
Fifth Third Bancorp
7D
-7.6%
1Y
11.3%

FITB: Comerica Integration Expected To Drive Best In Class 2026 Profitability

Analysts have nudged their fair value estimate for Fifth Third Bancorp higher by roughly $0.35 to $57.68. This reflects a series of recent price target increases across the Street that highlight expectations for loan growth, net interest margin support, capital return, and potential benefits from the Comerica acquisition.
PNC
US$201.13
PNC Financial Services Group
7D
-2.1%
1Y
15.6%

PNC: Higher Future P/E And Buybacks May Support Gradual Repricing

Our price target for PNC Financial Services Group edges higher by about $0.45 to $251.90. This reflects analysts' updated assumptions around fair value, discount rate, and a slightly higher future P/E multiple in light of recent price target increases across the Street.
WFC
US$74.10
Wells Fargo
7D
-6.0%
1Y
4.6%

WFC: Future Returns Will Reflect ROTCE Expansion And Capital Return Durability

Analysts have nudged our Wells Fargo fair value estimate slightly lower to about $101 from roughly $102, reflecting modestly reduced sector valuation assumptions, even as they highlight stable earnings forecasts, steady profitability expectations, and a slightly lower future P/E multiple in recent price target moves across the Street. Analyst Commentary Recent Street research on Wells Fargo reflects a mix of optimism and caution, with several firms adjusting price targets in both directions while largely keeping earnings assumptions intact.
NU
US$13.89
Nu Holdings
7D
-4.7%
1Y
18.4%

NU: US Banking Approval And F1 Partnership Will Support Upside Potential

Analysts have nudged their price target on Nu Holdings to $17.20 from $17.00, reflecting updated assumptions on discount rates, revenue growth, profit margin and a higher future P/E multiple. What's in the News Nu received conditional approval from the US Office of the Comptroller of the Currency to form a de novo national bank, Nubank, N.A. This is a key step toward offering deposit accounts, credit cards, lending and digital asset custody under a US federal banking framework (Key Developments).
FCNC.A
US$1,768.04
First Citizens BancShares
7D
-7.3%
1Y
-3.7%