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U.S. Banks Industry Analysis
UpdatedJun 03, 2025
DataAggregated Company Financials
Companies665
- 7D1.4%
- 3M1.7%
- 1Y20.0%
- YTD2.0%
The Banks industry is up 1.4% in the last week, with JPMorgan Chase up 1.5%. During this same period, the Patriot National Bancorp underperformed, falling 74%. 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 7.9% per annum.
Industry Valuation and Performance
Has the U.S. Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 03 Jun 2025 | US$2.3t | US$668.7b | US$177.1b | 11.2x | 13.2x | 3.5x |
| Thu, 01 May 2025 | US$2.2t | US$666.9b | US$176.4b | 10.9x | 12.4x | 3.3x |
| Sat, 29 Mar 2025 | US$2.3t | US$663.1b | US$172.0b | 11.2x | 13.3x | 3.4x |
| Mon, 24 Feb 2025 | US$2.4t | US$662.1b | US$171.5b | 11.7x | 14.2x | 3.7x |
| Wed, 22 Jan 2025 | US$2.5t | US$660.1b | US$166.4b | 12.6x | 14.8x | 3.7x |
| Fri, 20 Dec 2024 | US$2.3t | US$655.1b | US$143.0b | 12.3x | 15.9x | 3.5x |
| Sun, 17 Nov 2024 | US$2.4t | US$654.9b | US$143.0b | 12.9x | 17.1x | 3.7x |
| Tue, 15 Oct 2024 | US$2.2t | US$652.6b | US$145.0b | 11.7x | 15.2x | 3.4x |
| Thu, 12 Sep 2024 | US$2.1t | US$652.6b | US$145.6b | 11.3x | 14.2x | 3.2x |
| Sat, 10 Aug 2024 | US$2.0t | US$652.5b | US$145.4b | 10.9x | 13.9x | 3.1x |
| Mon, 08 Jul 2024 | US$2.0t | US$649.1b | US$149.5b | 9.8x | 13.5x | 3.1x |
| Wed, 05 Jun 2024 | US$2.0t | US$655.4b | US$151.1b | 9.6x | 13.2x | 3x |
| Fri, 03 May 2024 | US$1.9t | US$653.6b | US$159.8b | 9.6x | 12.2x | 3x |
| Sun, 31 Mar 2024 | US$2.0t | US$653.9b | US$166.2b | 9.6x | 12.1x | 3.1x |
| Tue, 27 Feb 2024 | US$1.8t | US$654.3b | US$168.9b | 9.4x | 10.9x | 2.8x |
| Thu, 25 Jan 2024 | US$1.8t | US$665.6b | US$175.0b | 9.5x | 10.4x | 2.7x |
| Sat, 23 Dec 2023 | US$1.8t | US$668.0b | US$195.5b | 9.5x | 9.3x | 2.7x |
| Mon, 20 Nov 2023 | US$1.6t | US$667.9b | US$195.5b | 8.6x | 8.3x | 2.4x |
| Wed, 18 Oct 2023 | US$1.5t | US$665.7b | US$197.0b | 7.8x | 7.8x | 2.3x |
| Fri, 15 Sep 2023 | US$1.6t | US$656.8b | US$191.7b | 8.1x | 8.1x | 2.4x |
| Sun, 13 Aug 2023 | US$1.7t | US$656.3b | US$191.3b | 8.6x | 8.7x | 2.5x |
| Tue, 11 Jul 2023 | US$1.6t | US$641.8b | US$184.0b | 7.8x | 8.5x | 2.4x |
| Thu, 08 Jun 2023 | US$1.6t | US$642.3b | US$184.2b | 8x | 8.4x | 2.4x |
| Sat, 06 May 2023 | US$1.5t | US$641.6b | US$174.7b | 7.6x | 8.3x | 2.3x |
| Mon, 03 Apr 2023 | US$1.5t | US$623.9b | US$165.4b | 8.4x | 9.2x | 2.4x |
| Wed, 01 Mar 2023 | US$1.8t | US$617.4b | US$163.4b | 9.6x | 11.2x | 3x |
| Fri, 27 Jan 2023 | US$1.8t | US$615.6b | US$162.9b | 9.7x | 11.2x | 3x |
| Sun, 25 Dec 2022 | US$1.7t | US$611.7b | US$164.2b | 9.7x | 10.4x | 2.8x |
| Tue, 22 Nov 2022 | US$1.8t | US$611.5b | US$164.1b | 10x | 11.1x | 3x |
| Thu, 20 Oct 2022 | US$1.7t | US$604.0b | US$162.6b | 9.7x | 10.4x | 2.8x |
| Sat, 17 Sep 2022 | US$1.7t | US$608.5b | US$167.7b | 9.8x | 10.4x | 2.9x |
| Mon, 15 Aug 2022 | US$1.9t | US$608.3b | US$167.7b | 10.1x | 11.1x | 3x |
| Wed, 13 Jul 2022 | US$1.7t | US$615.3b | US$179.3b | 9.5x | 9.2x | 2.7x |
| Fri, 10 Jun 2022 | US$1.8t | US$615.9b | US$179.4b | 9.7x | 9.9x | 2.9x |
Price to Earnings Ratio
9.9x
Current Industry PE
- Investors are optimistic on the American Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 13.2x which is higher than its 3-year average PE of 11.4x.
- The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Banks industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 2.8% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the U.S. Financials industry?
| US Market | 2.04% | |
| Financials | 1.71% | |
| Banks | 1.36% | |
| Diversified Banks | 1.87% | |
| Regional Banks | -0.10% | |
Industry PE
- Investors are most optimistic about the Regional Banks industry which is trading above its 3-year average PE ratio of 13.3x.
- Analysts are expecting annual earnings growth of 21.8%, which is higher than its past year's earnings growth of 5.3% per year.
- Investors are most pessimistic about the Diversified Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 10.8x.
Forecasted Growth
- Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 22% over the next 5 years.
- This is better than its past earnings growth rate of 5.3% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 3.6% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| JPM JPMorgan Chase | US$264.66 | 1.5% +US$11.0b | 31.1% | PB2.2x | |
| BAC Bank of America | US$44.08 | 2.0% +US$6.6b | 10.5% | PB1.2x | |
| WFC Wells Fargo | US$74.72 | 2.6% +US$6.2b | 25.9% | PB1.5x | |
| C Citigroup | US$75.80 | 3.7% +US$5.1b | 22.4% | PB0.7x | |
| USB U.S. Bancorp | US$43.62 | 1.6% +US$1.1b | 9.8% | PB1.3x |
