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U.S. Banks Industry Analysis

UpdatedMay 19, 2025
DataAggregated Company Financials
Companies666
  • 7D2.1%
  • 3M-5.9%
  • 1Y22.1%
  • YTD4.6%

The Banks industry is up 2.1% in the last week, with JPMorgan Chase up 2.9%. This takes the industry's 12 month performance to a gain of 22%. Earnings are forecast to grow by 8.1% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 19 May 2025US$2.4tUS$668.4bUS$177.0b11.3x13.5x3.6x
Wed, 16 Apr 2025US$2.0tUS$665.8bUS$168.2b10.6x12.2x3.1x
Fri, 14 Mar 2025US$2.2tUS$662.7bUS$171.9b11.1x12.6x3.3x
Sun, 09 Feb 2025US$2.5tUS$662.0bUS$171.5b12.1x14.9x3.8x
Tue, 07 Jan 2025US$2.3tUS$654.6bUS$143.4b12.3x16.3x3.6x
Thu, 05 Dec 2024US$2.5tUS$655.1bUS$143.0b13.1x17.1x3.7x
Sat, 02 Nov 2024US$2.2tUS$654.2bUS$142.7b11.8x15.6x3.4x
Mon, 30 Sep 2024US$2.1tUS$653.8bUS$145.5b11.5x14.5x3.2x
Wed, 28 Aug 2024US$2.2tUS$653.0bUS$145.7b11.6x14.8x3.3x
Fri, 26 Jul 2024US$2.1tUS$653.5bUS$146.4b11.5x14.6x3.3x
Sun, 23 Jun 2024US$2.0tUS$655.4bUS$151.1b9.6x12.9x3x
Tue, 21 May 2024US$2.0tUS$654.7bUS$151.2b9.8x13.5x3.1x
Thu, 18 Apr 2024US$1.8tUS$655.1bUS$162.8b9.1x11.4x2.8x
Sat, 16 Mar 2024US$1.9tUS$654.2bUS$166.3b9.4x11.4x2.9x
Mon, 12 Feb 2024US$1.8tUS$652.8bUS$168.4b9.5x10.7x2.8x
Wed, 10 Jan 2024US$1.8tUS$668.2bUS$195.6b9.1x9.4x2.7x
Fri, 08 Dec 2023US$1.7tUS$667.7bUS$195.4b8.9x8.6x2.5x
Sun, 05 Nov 2023US$1.5tUS$666.2bUS$195.2b8.3x7.9x2.3x
Tue, 03 Oct 2023US$1.5tUS$656.7bUS$191.6b7.8x7.9x2.3x
Thu, 31 Aug 2023US$1.6tUS$656.9bUS$191.7b8.2x8.2x2.4x
Sat, 29 Jul 2023US$1.7tUS$655.0bUS$189.2b8.6x9x2.6x
Mon, 26 Jun 2023US$1.5tUS$642.3bUS$184.2b7.7x8.2x2.3x
Wed, 24 May 2023US$1.5tUS$642.2bUS$184.2b7.7x8.2x2.4x
Fri, 21 Apr 2023US$1.6tUS$639.8bUS$174.1b8.2x9x2.5x
Sun, 19 Mar 2023US$1.5tUS$620.7bUS$164.4b8.4x9x2.4x
Tue, 14 Feb 2023US$1.9tUS$616.9bUS$163.3b9.7x11.5x3x
Thu, 12 Jan 2023US$1.8tUS$611.7bUS$164.2b9.8x10.9x2.9x
Sat, 10 Dec 2022US$1.7tUS$611.6bUS$164.1b9.8x10.5x2.8x
Mon, 07 Nov 2022US$1.8tUS$612.0bUS$164.0b9.8x11x2.9x
Wed, 05 Oct 2022US$1.7tUS$608.9bUS$167.8b9.7x10.2x2.8x
Fri, 02 Sep 2022US$1.7tUS$608.5bUS$167.7b9.7x10.3x2.8x
Sun, 31 Jul 2022US$1.8tUS$607.2bUS$167.8b9.8x10.5x2.9x
Tue, 28 Jun 2022US$1.7tUS$616.1bUS$179.5b9.6x9.5x2.8x
Thu, 26 May 2022US$1.8tUS$616.0bUS$179.5b9.8x10.1x2.9x
Price to Earnings Ratio

10.1x


Total Market Cap: US$1.8tTotal Earnings: US$179.5bTotal Revenue: US$616.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Banks Industry Price to Earnings3Y Average 11.3x202320242025
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 13.5x which is higher than its 3-year average PE of 11.3x.
  • The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 3.6x.
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 Market2.94%
Financials1.86%
Banks2.10%
Diversified Banks2.38%
Regional Banks1.30%
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 22.1%, which is higher than its past year's earnings growth of 4.7% 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 4.7% 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?

CompanyLast Price7D1YValuation
JPM JPMorgan ChaseUS$267.562.9%
+US$20.9b
36.8%PB2.2x
BAC Bank of AmericaUS$44.693.1%
+US$10.0b
15.1%PB1.2x
WFC Wells FargoUS$76.181.7%
+US$4.2b
25.5%PB1.5x
PNC PNC Financial Services GroupUS$179.422.5%
+US$1.7b
14.2%PB1.4x
C CitigroupUS$75.721.1%
+US$1.5b
19.9%PB0.7x
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Latest News

BAC

US$44.69

Bank of America

7D

3.1%

1Y

15.1%

NU

US$13.05

Nu Holdings

7D

0.8%

1Y

11.8%

CADE

US$31.82

Cadence Bank

7D

-1.8%

1Y

9.8%

BOKF

US$97.55

BOK Financial

7D

-1.2%

1Y

3.6%

WAL

US$78.13

Western Alliance Bancorporation

7D

-1.4%

1Y

21.4%

GBCI

US$42.74

Glacier Bancorp

7D

-3.2%

1Y

9.1%

C

US$75.72

Citigroup

7D

1.1%

1Y

19.9%

PB

US$72.59

Prosperity Bancshares

7D

-1.6%

1Y

13.5%

SFBS

US$77.20

ServisFirst Bancshares

7D

-1.7%

1Y

18.6%

MTB

US$187.73

M&T Bank

7D

1.6%

1Y

23.3%