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U.S. Banks Industry Analysis

UpdatedAug 21, 2026
DataAggregated Company Financials
Companies618
  • 7D-3.9%
  • 3M11.7%
  • 1Y21.8%
  • YTD7.5%

Over the last 7 days, the Banks industry has dropped 2.6%, driven by a pullback from JPMorgan Chase of 3.2%. Over the past 12 months, the industry was up 24%. As for the next few years, earnings are expected to grow by 7.0% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Aug 2026US$3.0tUS$759.3bUS$219.6b11.8x13.9x4x
Sun, 19 Jul 2026US$3.0tUS$754.9bUS$217.5b12.3x13.9x4x
Tue, 16 Jun 2026US$2.9tUS$729.0bUS$205.1b11.7x14.2x4x
Thu, 14 May 2026US$2.7tUS$727.8bUS$204.6b11.2x13.2x3.7x
Sat, 11 Apr 2026US$2.8tUS$707.1bUS$195.8b11.9x14.3x4x
Mon, 09 Mar 2026US$2.6tUS$707.1bUS$195.5b11.3x13.3x3.7x
Wed, 04 Feb 2026US$2.8tUS$706.0bUS$195.4b11.9x14.4x4x
Fri, 02 Jan 2026US$2.8tUS$696.1bUS$192.4b11.8x14.7x4.1x
Sun, 30 Nov 2025US$2.7tUS$695.9bUS$192.4b11.4x14x3.9x
Tue, 28 Oct 2025US$2.6tUS$694.1bUS$191.8b11.2x13.7x3.8x
Thu, 25 Sep 2025US$2.7tUS$677.7bUS$183.9b11.9x14.8x4x
Sat, 23 Aug 2025US$2.6tUS$678.7bUS$184.0b11.8x14x3.8x
Mon, 21 Jul 2025US$2.6tUS$674.8bUS$181.9b11.9x14.1x3.8x
Wed, 18 Jun 2025US$2.4tUS$668.8bUS$177.1b11x13.3x3.5x
Fri, 16 May 2025US$2.4tUS$668.1bUS$176.9b11.4x13.5x3.6x
Sun, 13 Apr 2025US$2.0tUS$663.5bUS$172.2b10.4x11.8x3.1x
Tue, 11 Mar 2025US$2.3tUS$662.7bUS$171.8b11x13.1x3.4x
Thu, 06 Feb 2025US$2.5tUS$661.8bUS$171.4b12.2x14.6x3.8x
Sat, 04 Jan 2025US$2.3tUS$654.5bUS$143.4b12.3x16.1x3.5x
Mon, 02 Dec 2024US$2.5tUS$655.0bUS$143.0b13.3x17.5x3.8x
Wed, 30 Oct 2024US$2.3tUS$651.2bUS$142.6b11.8x15.8x3.5x
Fri, 27 Sep 2024US$2.1tUS$653.8bUS$145.5b11.5x14.4x3.2x
Sun, 25 Aug 2024US$2.2tUS$653.0bUS$145.7b11.7x14.8x3.3x
Tue, 23 Jul 2024US$2.1tUS$660.1bUS$152.1b11.2x14.1x3.2x
Thu, 20 Jun 2024US$2.0tUS$655.3bUS$151.1b9.6x13x3x
Sat, 18 May 2024US$2.0tUS$655.5bUS$151.2b9.9x13.5x3.1x
Mon, 15 Apr 2024US$1.9tUS$657.1bUS$165.3b9.1x11.4x2.9x
Wed, 13 Mar 2024US$1.9tUS$654.2bUS$166.3b9.5x11.6x2.9x
Fri, 09 Feb 2024US$1.8tUS$652.7bUS$168.4b9.4x10.6x2.7x
Sun, 07 Jan 2024US$1.9tUS$668.2bUS$195.6b9.2x9.5x2.8x
Tue, 05 Dec 2023US$1.7tUS$667.6bUS$195.4b8.8x8.6x2.5x
Thu, 02 Nov 2023US$1.5tUS$665.8bUS$195.1b8.1x7.5x2.2x
Sat, 30 Sep 2023US$1.5tUS$656.8bUS$191.6b7.8x7.9x2.3x
Mon, 28 Aug 2023US$1.6tUS$656.9bUS$191.7b8.1x8.1x2.4x
Price to Earnings Ratio

8.1x


Total Market Cap: US$1.6tTotal Earnings: US$191.7bTotal Revenue: US$656.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Banks Industry Price to Earnings3Y Average 13.1x202420252026
Current Industry PE
  • Investors are relatively neutral on the American 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 13.1x.
  • The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 4.1x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 4.8% per year over the last three years.
  • Revenues for these companies have grown 5.1% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Financials industry?

US Market-2.09%
Financials-2.43%
Banks-3.91%
Diversified Banks-3.91%
Regional Banks-3.91%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 12.7x.
    • Analysts are expecting annual earnings growth of 5.0%, which is lower than the prior year's growth of 17.9% per year.
  • Investors are most pessimistic about the Regional Banks industry, which is trading close to its 3-year average of 14.8x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 13% over the next 5 years.
  • However this is lower than its past earnings growth rate of 25% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 5.0% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
NU Nu HoldingsUS$14.212.0%
+US$1.4b		4.0%PB5.2x
BAFN BayFirst FinancialUS$7.3814.2%
+US$24.8m		11.3%PB7.8x
RCBC River City BankUS$48.782.7%
+US$17.8m		32.9%PB1.2x
BRBS Blue Ridge BanksharesUS$3.914.3%
+US$14.2m		6.5%PB1.3x
FGBI First Guaranty BancsharesUS$9.109.8%
+US$13.4m		18.2%PB0.8x

Latest News

PNC
US$241.62
PNC Financial Services Group
7D
-5.3%
1Y
24.5%
BAC
US$61.86
Bank of America
7D
-3.5%
1Y
28.2%
BRBS
US$3.91
Blue Ridge Bankshares
7D
4.3%
1Y
6.5%
C
US$129.67
Citigroup
7D
-6.5%
1Y
40.0%
JPM
US$351.55
JPMorgan Chase
7D
-3.2%
1Y
20.6%
BAFN
US$7.38
BayFirst Financial
7D
14.2%
1Y
11.3%
NU
US$14.21
Nu Holdings
7D
2.0%
1Y
4.0%
Narrative Update • Aug 16

NU: Latin American Banking Licenses Will Support Long-Term Earnings Potential

Analysts have adjusted their fair value estimate for Nu Holdings stock from $22.00 to $23.00, reflecting updated assumptions for the discount rate, revenue growth, profit margin, and future P/E. What’s in the News for Nu Holdings Nu Holdings reported Q2 2026 net profit of US$1.06b, which was above analyst estimates, with management linking the result to higher revenue and stronger risk adjusted net interest margins.
RCBC
US$48.78
River City Bank
7D
2.7%
1Y
32.9%
FITB
US$54.50
Fifth Third Bancorp
7D
-5.9%
1Y
27.1%
FINW
US$14.24
FinWise Bancorp
7D
2.6%
1Y
-22.9%
Analysis Article • Aug 06

Analysts Just Shaved Their FinWise Bancorp (NASDAQ:FINW) Forecasts Dramatically

One thing we could say about the analysts on FinWise Bancorp ( NASDAQ:FINW ) - they aren't optimistic, having just made...
WFC
US$83.70
Wells Fargo
7D
-5.0%
1Y
7.5%
BSBK
US$9.43
Bogota Financial
7D
3.9%
1Y
4.3%
TFC
US$50.23
Truist Financial
7D
-5.2%
1Y
14.0%
USB
US$61.78
U.S. Bancorp
7D
-5.2%
1Y
33.8%
FGBI
US$9.10
First Guaranty Bancshares
7D
9.8%
1Y
18.2%
HFBL
US$26.83
Home Federal Bancorp of Louisiana
7D
11.7%
1Y
106.3%