Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Financials Sector Analysis

UpdatedJul 01, 2026
DataAggregated Company Financials
Companies1415
  • 7D-0.2%
  • 3M9.0%
  • 1Y2.6%
  • YTD-1.8%

Last week, the Financials industry hasn't moved much but Visa is up 4.4% in that time. As for the the longer term, the industry is up 3.2% over the past 12 months. Looking forward, earnings are forecast to grow by 9.1% annually.

Sector Valuation and Performance

Has the U.S. Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 01 Jul 2026US$10.3tUS$3.4tUS$596.5b13.2x17.2x3x
Fri, 29 May 2026US$9.8tUS$3.4tUS$596.8b12.5x16.4x2.9x
Sun, 26 Apr 2026US$9.9tUS$3.3tUS$580.6b12.9x17x3x
Tue, 24 Mar 2026US$9.3tUS$3.3tUS$563.0b12.1x16.6x2.8x
Thu, 19 Feb 2026US$10.0tUS$3.3tUS$565.0b12.6x17.7x3x
Sat, 17 Jan 2026US$10.5tUS$3.2tUS$553.4b12.8x18.9x3.3x
Mon, 15 Dec 2025US$10.5tUS$3.2tUS$552.5b12.9x19.1x3.3x
Wed, 12 Nov 2025US$10.2tUS$3.2tUS$554.1b12.2x18.3x3.2x
Fri, 10 Oct 2025US$10.3tUS$3.3tUS$517.3b12.7x20x3.1x
Sun, 07 Sep 2025US$10.4tUS$3.3tUS$517.6b13x20.1x3.1x
Tue, 05 Aug 2025US$9.9tUS$3.0tUS$520.8b12.3x18.9x3.2x
Thu, 03 Jul 2025US$10.0tUS$3.0tUS$525.6b13.2x18.9x3.3x
Sat, 31 May 2025US$9.6tUS$3.0tUS$525.5b12.5x18.2x3.2x
Mon, 28 Apr 2025US$9.1tUS$3.0tUS$548.1b11.9x16.6x3x
Wed, 26 Mar 2025US$9.6tUS$3.0tUS$544.7b12.3x17.6x3.2x
Fri, 21 Feb 2025US$10.0tUS$3.0tUS$560.4b12.5x17.8x3.4x
Sun, 19 Jan 2025US$9.6tUS$2.9tUS$533.9b13x18.1x3.3x
Tue, 17 Dec 2024US$9.6tUS$2.9tUS$504.7b13.6x19x3.3x
Thu, 14 Nov 2024US$9.6tUS$2.9tUS$504.8b13.5x19x3.3x
Sat, 12 Oct 2024US$8.7tUS$2.8tUS$466.3b12.6x18.8x3.1x
Mon, 09 Sep 2024US$8.4tUS$2.8tUS$465.9b12.1x18.1x3x
Wed, 07 Aug 2024US$7.8tUS$2.8tUS$465.1b11.7x16.8x2.8x
Fri, 05 Jul 2024US$8.0tUS$2.8tUS$461.3b11x17.3x2.9x
Sun, 02 Jun 2024US$7.9tUS$2.8tUS$463.2b10.8x17.2x2.9x
Tue, 30 Apr 2024US$7.8tUS$2.7tUS$480.6b10.7x16.3x2.9x
Thu, 28 Mar 2024US$8.0tUS$2.7tUS$474.9b11x16.9x3x
Sat, 24 Feb 2024US$7.7tUS$2.7tUS$437.0b10.6x17.6x2.8x
Mon, 22 Jan 2024US$7.4tUS$2.7tUS$425.9b11.4x17.4x2.7x
Wed, 20 Dec 2023US$7.4tUS$2.7tUS$446.7b11.6x16.6x2.7x
Fri, 17 Nov 2023US$6.8tUS$2.7tUS$446.8b10.7x15.1x2.5x
Sun, 15 Oct 2023US$6.5tUS$2.7tUS$436.8b10.1x14.8x2.4x
Tue, 12 Sep 2023US$6.7tUS$2.7tUS$430.8b10.5x15.6x2.5x
Thu, 10 Aug 2023US$6.8tUS$2.6tUS$429.0b11x15.8x2.6x
Sat, 08 Jul 2023US$6.5tUS$2.6tUS$342.9b10.6x19x2.5x
Price to Earnings Ratio

19x


Total Market Cap: US$6.5tTotal Earnings: US$342.9bTotal Revenue: US$2.6tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Financials Sector Price to Earnings3Y Average 17.6x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Financials 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 17.6x.
  • The industry is trading close to its 3-year average PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 20% per year over the last three years.
  • Revenues for these companies have grown 9.0% 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 sector?

US Market1.92%
Financials-0.16%
Diversified Financial3.28%
Consumer Finance1.80%
Insurance1.65%
Mortgage REITs0.82%
Mortgage Finance0%0
Banks-0.44%
Capital Markets-4.35%
Industry PE
  • Investors are most optimistic about the Capital Markets industry, which is trading close to its 3-year average PE ratio of 25.8x.
    • Analysts are expecting annual earnings growth of 12.0%, which is lower than the prior year's growth of 39.3% per year.
  • Investors are most pessimistic about the Insurance industry, which is trading below its 3-year average of 17.0x.
Forecasted Growth
  • Analysts are most optimistic on the Mortgage REITs industry, expecting annual earnings growth of 25% over the next 5 years.
  • This is better than its past earnings growth rate of 4.1% per year.
  • In contrast, the Insurance industry is expected to see its earnings grow by 2.1% 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
V VisaUS$343.094.4%
+US$27.5b		-3.5%PE29.3x
MA MastercardUS$513.605.2%
+US$22.6b		-9.0%PE29.1x
BRK.A Berkshire HathawayUS$748.85k1.5%
+US$15.9b		2.1%PE14.9x
RKT Rocket CompaniesUS$15.7516.9%
+US$6.5b		8.8%PE186.5x
NU Nu HoldingsUS$13.366.1%
+US$3.7b		-2.1%PB5.2x

Latest News

BRK.A
US$748,850.00
Berkshire Hathaway
7D
1.5%
1Y
2.1%
CME
US$220.83
CME Group
7D
-8.8%
1Y
-19.8%
CB
US$340.74
Chubb
7D
2.6%
1Y
17.7%
MA
US$513.60
Mastercard
7D
5.2%
1Y
-9.0%
V
US$343.09
Visa
7D
4.4%
1Y
-3.5%
BLK
US$961.56
BlackRock
7D
-5.3%
1Y
-8.8%
BAC
US$56.98
Bank of America
7D
-1.6%
1Y
18.3%
APO
US$118.31
Apollo Global Management
7D
-9.4%
1Y
-16.5%
JPM
US$327.33
JPMorgan Chase
7D
-2.0%
1Y
12.7%
AJG
US$229.57
Arthur J. Gallagher
7D
6.4%
1Y
-28.1%
Narrative Update • Jun 29

AJG: Fair Outlook Balances Pricing Headwinds With Acquisition And Margin Opportunities

Arthur J. Gallagher's analyst price target has been reset from $250 to $225 as analysts factor in a higher discount rate, more moderate revenue growth and margins, and a slightly higher future P/E multiple, alongside mixed but generally constructive recent research commentary.
GS
US$1,011.37
Goldman Sachs Group
7D
-7.6%
1Y
43.2%
AFRM
US$81.55
Affirm Holdings
7D
13.5%
1Y
21.5%
MS
US$209.04
Morgan Stanley
7D
-7.5%
1Y
48.2%
Narrative Update • Jun 29

MS: Capital Returns And Private Market Tensions Will Shape Balanced Future Returns

Analysts have lifted their price target on Morgan Stanley from about $190.33 to around $206.67, citing updated assumptions on discount rate, revenue growth, profit margin, and future P/E that adjust the valuation framework rather than a single catalyst. What's in the News Morgan Stanley capped redemptions at its North Haven Private Income Fund after investors requested withdrawals equal to 11.6% of shares outstanding in Q2, more than double the fund’s 5% quarterly limit, with only about 43% of requests to be fulfilled on a pro rata basis, according to recent reporting on private credit market stress.
NU
US$13.36
Nu Holdings
7D
6.1%
1Y
-2.1%
Narrative Update • Jun 27

NU: US Bank Charter And AI Expansion Will Support Long-Term Upside

Analysts have revised their price target for Nu Holdings to $17.82 from $19.99, reflecting updated assumptions for slightly lower revenue growth, a reduced profit margin outlook, a modestly lower discount rate, and a lower future P/E multiple. What’s in the News for Nu Holdings Nu Holdings reported record Q1 2026 results with revenue above US$5b and net income of US$871 million, supported by its NuFormer AI foundation models and AI Private Banker platform improving credit decisions and customer engagement across Latin America.
RKT
US$15.75
Rocket Companies
7D
16.9%
1Y
8.8%
Narrative Update • Jun 26

RKT: Housing Headwinds And Servicing Expansion Will Shape A Balanced Outlook

Analysts have updated their view on Rocket Companies with a modest trim in the price target to $16.0 from $16.5. This reflects revised assumptions around revenue growth, profit margins, the discount rate, and future P/E expectations. What's in the News Rising mortgage rates around 6.75% and record median home prices of about US$400,894 are cooling the U.S. housing market, with several weeks of declines in pending home sales and new listings.
C
US$139.96
Citigroup
7D
-3.5%
1Y
62.2%
Narrative Update • Jun 22

C: Digital Asset Expansion And Capital Returns Will Pressure Future Earnings Quality

Citigroup's analyst price target has been revised to $126.45 from $112.86 as analysts incorporate updated views on revenue growth, profit margins, and future P/E assumptions into their valuation work. What’s in the News for Citigroup Citigroup launched a blockchain based platform using Digital Depositary Receipts to let institutional and high net worth investors trade tokenized shares of late stage private companies via Switzerland's SIX infrastructure, with Citi acting as custodian and tokenization agent, according to recent reporting.