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U.S. Regional Banks Industry Analysis

UpdatedApr 26, 2024
DataAggregated Company Financials
Companies672
  • 7D4.6%
  • 3M-5.5%
  • 1Y12.8%
  • YTDn/a

Over the last 7 days, the Regional Banks industry has risen 4.6%, driven by gains from Truist Financial of 6.3%. Meanwhile, Live Oak Bancshares actually underperformed within the industry, shrinking 6.6% in the last week. In the last 12 months, the industry was up 13%. Looking forward, earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Apr 2024US$514.9bUS$177.0bUS$37.4b9.5x13.8x2.9x
Sun, 24 Mar 2024US$515.4bUS$179.2bUS$38.2b9.3x13.5x2.9x
Tue, 20 Feb 2024US$514.8bUS$179.6bUS$41.0b9.5x12.5x2.9x
Thu, 18 Jan 2024US$523.1bUS$195.0bUS$57.1b9.1x9.2x2.7x
Sat, 16 Dec 2023US$552.0bUS$194.7bUS$57.2b9.3x9.6x2.8x
Mon, 13 Nov 2023US$446.8bUS$194.9bUS$57.2b8.2x7.8x2.3x
Wed, 11 Oct 2023US$449.5bUS$195.6bUS$59.6b7.9x7.5x2.3x
Fri, 08 Sep 2023US$458.1bUS$195.6bUS$59.6b8x7.7x2.3x
Sun, 06 Aug 2023US$512.1bUS$195.7bUS$57.8b8.7x8.9x2.6x
Tue, 04 Jul 2023US$456.7bUS$192.9bUS$59.1b7.8x7.7x2.4x
Thu, 01 Jun 2023US$435.1bUS$193.4bUS$59.3b7.4x7.3x2.2x
Sat, 29 Apr 2023US$465.5bUS$192.8bUS$57.3b8.1x8.1x2.4x
Mon, 27 Mar 2023US$584.0bUS$237.1bUS$70.9b8.5x8.2x2.5x
Wed, 22 Feb 2023US$749.5bUS$230.4bUS$68.9b9.6x10.9x3.3x
Fri, 20 Jan 2023US$720.7bUS$225.0bUS$66.7b9.7x10.8x3.2x
Sun, 18 Dec 2022US$697.4bUS$224.4bUS$66.0b9.7x10.6x3.1x
Tue, 15 Nov 2022US$768.8bUS$224.4bUS$66.0b9.9x11.7x3.4x
Thu, 13 Oct 2022US$723.8bUS$219.7bUS$64.2b9.6x11.3x3.3x
Sat, 10 Sep 2022US$779.7bUS$219.1bUS$64.0b9.8x12.2x3.6x
Mon, 08 Aug 2022US$778.5bUS$204.7bUS$64.3b9.8x12.1x3.8x
Wed, 06 Jul 2022US$735.5bUS$216.5bUS$64.7b9.6x11.4x3.4x
Fri, 03 Jun 2022US$783.5bUS$217.1bUS$64.8b9.9x12.1x3.6x
Sun, 01 May 2022US$765.2bUS$219.5bUS$65.6b9.9x11.7x3.5x
Tue, 29 Mar 2022US$874.6bUS$219.5bUS$67.8b10.5x12.9x4x
Thu, 24 Feb 2022US$921.9bUS$225.9bUS$69.7b10.7x13.2x4.1x
Sat, 22 Jan 2022US$890.7bUS$223.1bUS$69.2b10.9x12.9x4x
Mon, 20 Dec 2021US$855.2bUS$220.7bUS$68.1b10.6x12.6x3.9x
Wed, 17 Nov 2021US$924.7bUS$221.0bUS$68.2b10.9x13.6x4.2x
Fri, 15 Oct 2021US$876.7bUS$212.9bUS$65.1b11.3x13.5x4.1x
Sun, 12 Sep 2021US$801.0bUS$212.9bUS$65.0b10.8x12.3x3.8x
Tue, 10 Aug 2021US$824.0bUS$213.1bUS$65.1b11x12.7x3.9x
Mon, 03 May 2021US$839.1bUS$197.5bUS$53.6b11.7x15.6x4.2x
Price to Earnings Ratio

15.6x


Total Market Cap: US$839.1bTotal Earnings: US$53.6bTotal Revenue: US$197.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Regional Banks Industry Price to Earnings3Y Average 11.3x202220232024
Current Industry PE
  • Investors are optimistic on the American Regional Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 13.8x which is higher than its 3-year average PE of 11.3x.
  • The 3-year average PS ratio of 3.3x is higher than the industry's current PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Regional Banks industry have declined 11% per year over the last three years,
  • Revenues have also declined 3.6% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

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

US Market0.97%
Financials2.74%
Banks5.27%
Regional Banks4.60%
Diversified Banks5.50%
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
TFC Truist FinancialUS$37.976.3%
+US$3.1b		21.0%PB1x
MTB M&T BankUS$146.905.5%
+US$1.3b		18.4%PB1x
CFG Citizens Financial GroupUS$35.006.4%
+US$962.8m		16.3%PB0.7x
HBAN Huntington BancsharesUS$13.583.0%
+US$590.8m		21.8%PB1.2x
EWBC East West BancorpUS$76.366.4%
+US$569.1m		49.9%PB1.5x
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Latest News

LOB

US$34.28

Live Oak Bancshares

7D

-6.6%

1Y

48.5%

TFC

US$37.97

Truist Financial

7D

6.3%

1Y

21.0%

Analysts Just Slashed Their Truist Financial Corporation (NYSE:TFC) Earnings Forecasts

Apr 26
Analysts Just Slashed Their Truist Financial Corporation (NYSE:TFC) Earnings Forecasts

BRKL

US$8.42

Brookline Bancorp

7D

-7.1%

1Y

-13.8%

CFG

US$35.00

Citizens Financial Group

7D

6.4%

1Y

16.3%

EGBN

US$19.96

Eagle Bancorp

7D

-2.7%

1Y

-17.8%

RF

US$19.61

Regions Financial

7D

3.2%

1Y

8.9%

IBTX

US$39.26

Independent Bank Group

7D

-2.1%

1Y

7.8%

CFFN

US$4.96

Capitol Federal Financial

7D

-3.9%

1Y

-22.3%

CADE

US$29.06

Cadence Bank

7D

10.2%

1Y

42.2%

HWBK

US$18.89

Hawthorn Bancshares

7D

-9.9%

1Y

-10.7%

BPOP

US$87.93

Popular

7D

7.5%

1Y

49.0%

HBAN

US$13.58

Huntington Bancshares

7D

3.0%

1Y

21.8%

EWBC

US$76.36

East West Bancorp

7D

6.4%

1Y

49.9%

MNSB

US$15.61

MainStreet Bancshares

7D

-7.4%

1Y

-26.6%

MTB

US$146.90

M&T Bank

7D

5.5%

1Y

18.4%

LBC

US$9.15

Luther Burbank

7D

-1.6%

1Y

-20.0%