Narrative Update • Sep 05

Over the last 7 days, the Diversified Banks industry has dropped 3.6%, driven by Bank of America declining 7.6%. This takes the industry's 12 month performance to a gain of 12%. Earnings are forecast to grow by 5.1% annually.
Has the U.S. Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 18 Sep 2026 | US$2.2t | US$561.8b | US$161.9b | 12.5x | 13.6x | 3.9x |
| Sun, 16 Aug 2026 | US$2.3t | US$561.7b | US$161.8b | 13.6x | 14.4x | 4.2x |
| Tue, 14 Jul 2026 | US$2.2t | US$535.3b | US$149.6b | 13.9x | 15x | 4.2x |
| Thu, 11 Jun 2026 | US$2.1t | US$534.9b | US$149.5b | 13x | 13.9x | 3.9x |
| Sat, 09 May 2026 | US$2.0t | US$534.0b | US$149.1b | 12.4x | 13.6x | 3.8x |
| Mon, 06 Apr 2026 | US$2.0t | US$520.3b | US$143.6b | 13x | 13.6x | 3.8x |
| Wed, 04 Mar 2026 | US$2.0t | US$520.3b | US$143.6b | 13x | 13.8x | 3.8x |
| Fri, 30 Jan 2026 | US$2.1t | US$526.6b | US$145.6b | 14x | 14.3x | 4x |
| Sun, 28 Dec 2025 | US$2.2t | US$511.6b | US$142.4b | 14.7x | 15.4x | 4.3x |
| Tue, 25 Nov 2025 | US$2.0t | US$511.6b | US$142.4b | 13.3x | 13.7x | 3.8x |
| Thu, 23 Oct 2025 | US$2.0t | US$510.7b | US$142.1b | 13x | 13.8x | 3.8x |
| Sat, 20 Sep 2025 | US$2.1t | US$497.8b | US$136.3b | 13.9x | 15.1x | 4.1x |
| Mon, 18 Aug 2025 | US$1.9t | US$497.8b | US$136.3b | 12.9x | 13.8x | 3.8x |
| Wed, 16 Jul 2025 | US$1.9t | US$499.0b | US$137.0b | 13.3x | 14x | 3.8x |
| Fri, 13 Jun 2025 | US$1.8t | US$499.0b | US$137.0b | 12x | 12.9x | 3.6x |
| Sun, 11 May 2025 | US$1.7t | US$498.4b | US$136.7b | 11.3x | 12.3x | 3.4x |
| Tue, 08 Apr 2025 | US$1.4t | US$494.8b | US$132.9b | 10.5x | 10.6x | 2.8x |
| Thu, 06 Mar 2025 | US$1.7t | US$494.9b | US$133.0b | 12.4x | 12.7x | 3.4x |
| Sat, 01 Feb 2025 | US$1.8t | US$494.5b | US$132.7b | 13.3x | 13.9x | 3.7x |
| Mon, 30 Dec 2024 | US$1.7t | US$486.3b | US$116.2b | 14.9x | 14.6x | 3.5x |
| Wed, 27 Nov 2024 | US$1.8t | US$486.3b | US$116.2b | 16.7x | 15.6x | 3.7x |
| Fri, 25 Oct 2024 | US$1.6t | US$482.9b | US$115.8b | 14.9x | 14x | 3.3x |
| Sun, 22 Sep 2024 | US$1.5t | US$486.6b | US$118.5b | 13.7x | 13x | 3.2x |
| Tue, 20 Aug 2024 | US$1.5t | US$485.4b | US$118.5b | 13.5x | 12.8x | 3.1x |
| Thu, 18 Jul 2024 | US$1.6t | US$484.9b | US$118.1b | 15x | 13.4x | 3.3x |
| Sat, 15 Jun 2024 | US$1.4t | US$478.7b | US$116.1b | 12.8x | 12.4x | 3x |
| Mon, 13 May 2024 | US$1.5t | US$478.2b | US$115.9b | 13x | 12.8x | 3.1x |
| Wed, 10 Apr 2024 | US$1.5t | US$475.0b | US$128.1b | 12.2x | 11.4x | 3.1x |
| Fri, 08 Mar 2024 | US$1.4t | US$475.0b | US$128.1b | 11.5x | 11x | 3x |
| Sun, 04 Feb 2024 | US$1.3t | US$473.3b | US$127.4b | 10.6x | 10.2x | 2.7x |
| Tue, 02 Jan 2024 | US$1.3t | US$473.2b | US$138.3b | 9.9x | 9.3x | 2.7x |
| Thu, 30 Nov 2023 | US$1.1t | US$473.1b | US$138.3b | 9x | 8.2x | 2.4x |
| Sat, 28 Oct 2023 | US$1.0t | US$471.8b | US$138.0b | 7.7x | 7.3x | 2.1x |
| Mon, 25 Sep 2023 | US$1.1t | US$461.2b | US$132.1b | 7.8x | 8.1x | 2.3x |
8.1x
How does U.S. Diversified Banks compare with similar industries?
| US Market | 0.54% | |
| Financials | -1.79% | |
| Banks | -2.98% | |
| Diversified Banks | -3.29% | |
| Regional Banks | -2.05% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BAP Credicorp | US$383.96 | 1.2% +US$359.0m | 46.6% | PB2.7x | |
| FRBT Forbright | US$18.84 | 1.6% +US$15.2m | n/a | PB1x | |
| FCBM First Carolina Financial Services | US$13.02 | 2.0% +US$7.8m | n/a | PB0.9x |