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U.S. Banks Industry Analysis

UpdatedSep 18, 2026
DataAggregated Company Financials
Companies616
  • 7D-3.0%
  • 3M3.4%
  • 1Y11.7%
  • YTD5.8%

Over the last 7 days, the Banks industry has dropped 3.1%, driven by a pullback from Bank of America of 7.6%. This takes the industry's 12 month performance to a gain of 13%. Looking forward, earnings are forecast to grow by 7.1% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 18 Sep 2026US$2.9tUS$759.4bUS$219.6b11.8x13.4x3.9x
Sun, 16 Aug 2026US$3.1tUS$761.8bUS$220.5b12.1x14.3x4.1x
Tue, 14 Jul 2026US$3.0tUS$728.5bUS$205.0b12.2x14.8x4.2x
Thu, 11 Jun 2026US$2.8tUS$728.9bUS$205.1b11.8x13.8x3.9x
Sat, 09 May 2026US$2.8tUS$727.9bUS$204.6b11.4x13.5x3.8x
Mon, 06 Apr 2026US$2.6tUS$707.0bUS$195.7b11.4x13.5x3.7x
Wed, 04 Mar 2026US$2.7tUS$707.3bUS$195.6b11.5x13.8x3.8x
Fri, 30 Jan 2026US$2.8tUS$714.8bUS$197.8b11.8x14.1x3.9x
Sun, 28 Dec 2025US$2.9tUS$696.2bUS$192.4b11.9x15x4.2x
Tue, 25 Nov 2025US$2.6tUS$695.9bUS$192.4b11.2x13.5x3.7x
Thu, 23 Oct 2025US$2.6tUS$691.9bUS$190.6b11.3x13.6x3.7x
Sat, 20 Sep 2025US$2.7tUS$677.7bUS$183.9b12x14.9x4x
Mon, 18 Aug 2025US$2.5tUS$678.3bUS$184.0b11.4x13.7x3.7x
Wed, 16 Jul 2025US$2.6tUS$668.4bUS$177.0b11.9x14.6x3.9x
Fri, 13 Jun 2025US$2.4tUS$668.8bUS$177.1b11.1x13.4x3.6x
Sun, 11 May 2025US$2.3tUS$668.0bUS$176.6b11x12.8x3.4x
Tue, 08 Apr 2025US$1.9tUS$662.3bUS$171.9b10.5x11.2x2.9x
Thu, 06 Mar 2025US$2.3tUS$662.7bUS$171.8b11.4x13.4x3.5x
Sat, 01 Feb 2025US$2.5tUS$662.6bUS$171.6b12.1x14.6x3.8x
Mon, 30 Dec 2024US$2.3tUS$655.1bUS$143.0b12.4x16.3x3.6x
Wed, 27 Nov 2024US$2.5tUS$655.0bUS$143.0b13.3x17.6x3.9x
Fri, 25 Oct 2024US$2.2tUS$651.9bUS$143.3b11.8x15.6x3.4x
Sun, 22 Sep 2024US$2.1tUS$653.8bUS$145.5b11.8x14.7x3.3x
Tue, 20 Aug 2024US$2.1tUS$653.1bUS$145.7b11.3x14.4x3.2x
Thu, 18 Jul 2024US$2.2tUS$661.1bUS$152.9b11.1x14.2x3.3x
Sat, 15 Jun 2024US$1.9tUS$655.5bUS$151.1b9.5x12.8x3x
Mon, 13 May 2024US$2.0tUS$655.2bUS$151.0b9.8x13.3x3.1x
Wed, 10 Apr 2024US$2.0tUS$653.7bUS$166.2b9.4x12x3x
Fri, 08 Mar 2024US$1.9tUS$654.2bUS$166.3b9.6x11.6x2.9x
Sun, 04 Feb 2024US$1.8tUS$662.9bUS$171.6b9.7x10.6x2.7x
Tue, 02 Jan 2024US$1.8tUS$668.2bUS$195.6b9.4x9.4x2.8x
Thu, 30 Nov 2023US$1.6tUS$668.0bUS$195.5b8.5x8.2x2.4x
Sat, 28 Oct 2023US$1.4tUS$665.8bUS$195.2b7.8x7.3x2.1x
Mon, 25 Sep 2023US$1.5tUS$656.8bUS$191.7b7.8x7.9x2.3x
Price to Earnings Ratio

7.9x


Total Market Cap: US$1.5tTotal Earnings: US$191.7bTotal Revenue: US$656.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Banks Industry Price to Earnings3Y Average 13.2x202420252026
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 13.2x.
  • The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 4.6% per year over the last three years.
  • Revenues for these companies have grown 5.0% 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 Market0.54%
Financials-1.79%
Banks-2.98%
Regional Banks-2.05%
Diversified Banks-3.29%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 12.8x.
    • Analysts are expecting annual earnings growth of 5.1%, 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 below its 3-year average of 14.9x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 14% over the next 5 years.
  • However this is lower than its past earnings growth rate of 24% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 5.1% 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
BAP CredicorpUS$383.961.2%
+US$359.0m		46.6%PB2.7x
CVBF CVB FinancialUS$22.811.9%
+US$73.9m		12.9%PB1.3x
ESQ Esquire Financial HoldingsUS$123.663.8%
+US$53.2m		18.6%PB4.6x
WABC Westamerica BancorporationUS$60.322.0%
+US$28.0m		20.4%PB1.6x
SYBT Stock Yards BancorpUS$79.841.1%
+US$27.6m		4.3%PB2x

Latest News

JPM
US$349.31
JPMorgan Chase
7D
-1.2%
1Y
11.5%
C
US$132.70
Citigroup
7D
-4.2%
1Y
29.6%
BAC
US$58.18
Bank of America
7D
-7.0%
1Y
11.6%
TFC
US$48.45
Truist Financial
7D
-3.7%
1Y
5.1%
NU
US$13.84
Nu Holdings
7D
-7.9%
1Y
-13.4%
CVBF
US$22.81
CVB Financial
7D
1.9%
1Y
12.9%
FIBK
US$37.16
First Interstate BancSystem
7D
0.8%
1Y
9.8%
WFC
US$86.89
Wells Fargo
7D
-2.9%
1Y
4.1%
USB
US$60.25
U.S. Bancorp
7D
-3.5%
1Y
20.0%
SYBT
US$79.84
Stock Yards Bancorp
7D
1.1%
1Y
4.3%
BAP
US$383.96
Credicorp
7D
1.2%
1Y
46.6%
Narrative Update • Sep 05

BAP: Future Returns Will Balance Dividend Payout And Earnings Assumptions

Analysts have lifted their price target for Credicorp to $422.69 from $404.48, citing updated assumptions around fair value, discount rate, revenue growth, profit margins and future P/E as key drivers of the change. What’s in the News for Credicorp No recent Credicorp specific news items were available from the provided sources as of 3 September 2026.
HWC
US$74.70
Hancock Whitney
7D
0.4%
1Y
16.2%
PNC
US$232.01
PNC Financial Services Group
7D
-4.5%
1Y
12.5%
ESQ
US$123.66
Esquire Financial Holdings
7D
3.8%
1Y
18.6%
BAFN
US$9.04
BayFirst Financial
7D
10.5%
1Y
5.1%
WABC
US$60.32
Westamerica Bancorporation
7D
2.0%
1Y
20.4%