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

U.S. Financials Sector Analysis

UpdatedMay 23, 2026
DataAggregated Company Financials
Companies1416
  • 7D1.2%
  • 3M-1.3%
  • 1Y4.7%
  • YTD-5.4%

Over the last 7 days, the Financials industry has risen 1.2%, driven by gains from JPMorgan Chase of 2.9%. In the same time, Futu Holdings was down 33%. This takes the industry's 12 month performance to a gain of 4.7%. Looking forward, earnings are forecast to grow by 9.0% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 23 May 2026US$9.9tUS$3.4tUS$597.3b12.5x16.5x2.9x
Mon, 20 Apr 2026US$10.1tUS$3.3tUS$574.3b13.4x17.5x3x
Wed, 18 Mar 2026US$9.4tUS$3.3tUS$563.5b11.8x16.7x2.9x
Fri, 13 Feb 2026US$10.1tUS$3.3tUS$567.8b12.5x17.8x3.1x
Sun, 11 Jan 2026US$10.7tUS$3.2tUS$551.9b12.9x19.4x3.4x
Tue, 09 Dec 2025US$10.3tUS$3.2tUS$552.6b12.5x18.6x3.3x
Thu, 06 Nov 2025US$10.0tUS$3.1tUS$548.4b12.2x18.3x3.2x
Sat, 04 Oct 2025US$10.3tUS$3.3tUS$517.2b12.9x19.9x3.1x
Mon, 01 Sep 2025US$10.4tUS$3.3tUS$518.1b13.1x20.1x3.1x
Wed, 30 Jul 2025US$10.2tUS$3.0tUS$533.9b12.7x19.1x3.4x
Fri, 27 Jun 2025US$9.7tUS$3.0tUS$525.6b12.7x18.4x3.2x
Sun, 25 May 2025US$9.4tUS$3.0tUS$523.9b12.4x18x3.1x
Tue, 22 Apr 2025US$8.8tUS$3.0tUS$550.8b11.3x16x3x
Thu, 20 Mar 2025US$9.3tUS$3.0tUS$544.7b12.1x17.1x3.1x
Sat, 15 Feb 2025US$9.9tUS$3.0tUS$558.3b12.7x17.8x3.4x
Mon, 13 Jan 2025US$9.1tUS$2.9tUS$503.2b12.4x18.1x3.1x
Wed, 11 Dec 2024US$9.6tUS$2.9tUS$504.8b13.6x19x3.3x
Fri, 08 Nov 2024US$9.5tUS$2.9tUS$504.0b13.2x18.9x3.3x
Sun, 06 Oct 2024US$8.8tUS$2.8tUS$467.0b12.4x18.8x3.1x
Tue, 03 Sep 2024US$8.7tUS$2.8tUS$466.0b12.6x18.7x3.1x
Thu, 01 Aug 2024US$8.4tUS$2.8tUS$468.6b12.5x18x3x
Sat, 29 Jun 2024US$7.9tUS$2.8tUS$463.1b10.8x17x2.8x
Mon, 27 May 2024US$8.0tUS$2.8tUS$463.2b10.9x17.2x2.9x
Wed, 24 Apr 2024US$7.9tUS$2.7tUS$476.8b10.7x16.5x2.9x
Fri, 22 Mar 2024US$8.0tUS$2.7tUS$473.0b10.8x16.8x2.9x
Sun, 18 Feb 2024US$7.6tUS$2.7tUS$436.5b10.6x17.4x2.8x
Tue, 16 Jan 2024US$7.4tUS$2.7tUS$441.3b11.2x16.7x2.7x
Thu, 14 Dec 2023US$7.1tUS$2.7tUS$446.6b11.3x16x2.6x
Sat, 11 Nov 2023US$6.5tUS$2.7tUS$447.1b10.5x14.6x2.4x
Mon, 09 Oct 2023US$6.5tUS$2.7tUS$430.9b10.3x15x2.4x
Wed, 06 Sep 2023US$6.7tUS$2.7tUS$430.8b10.6x15.6x2.5x
Fri, 04 Aug 2023US$6.8tUS$2.6tUS$349.0b11.2x19.4x2.6x
Sun, 02 Jul 2023US$6.5tUS$2.6tUS$342.8b10.6x19.1x2.5x
Tue, 30 May 2023US$6.2tUS$2.6tUS$341.1b10.4x18.2x2.4x
Price to Earnings Ratio

18.2x


Total Market Cap: US$6.2tTotal Earnings: US$341.1bTotal Revenue: US$2.6tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Financials Sector Price to Earnings3Y Average 17.7x202420252026
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 17.7x.
  • 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 21% per year over the last three years.
  • Revenues for these companies have grown 9.1% 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 sector?

US Market1.01%
Financials1.25%
Banks3.21%
Insurance1.63%
Diversified Financial0.73%
Mortgage Finance0%0
Capital Markets-0.018%
Mortgage REITs-0.35%
Consumer Finance-0.46%
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 11.7%, which is lower than the prior year's growth of 36.1% per year.
  • Investors are most pessimistic about the Insurance industry, which is trading below its 3-year average of 17.5x.
Forecasted Growth
  • Analysts are most optimistic on the Mortgage REITs industry, expecting annual earnings growth of 26% 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 2.0% 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
JPM JPMorgan ChaseUS$306.382.9%
+US$23.0b		17.5%PB2.4x
GS Goldman Sachs GroupUS$996.735.1%
+US$14.8b		66.5%PE17.9x
BAC Bank of AmericaUS$51.804.1%
+US$14.4b		19.9%PB1.3x
MS Morgan StanleyUS$201.034.4%
+US$13.4b		59.5%PE18.1x
WFC Wells FargoUS$76.404.1%
+US$9.1b		4.9%PB1.4x

Latest News

FUTU
US$89.76
Futu Holdings
7D
-33.3%
1Y
-19.7%
COIN
US$184.99
Coinbase Global
7D
-5.3%
1Y
-29.7%
Seeking Alpha • 11h

Coinbase: Decaying Subscription And Services Revenue Is A Red Flag (Rating Downgrade)

Summary Coinbase faces a downgrade to neutral due to disappointing Q1 earnings and evaporating adjusted EBITDA. COIN's subscription and services revenue, once a key growth driver, decelerated materially, undermining the prior investment thesis. The stock has declined ~20% YTD and ~30% over twelve months, with few near-term catalysts for rebound. Market leadership has shifted to AI-linked hardware and semiconductors, while crypto and software assets like COIN have underperformed. Read the full article on Seeking Alpha
APO
US$128.51
Apollo Global Management
7D
-5.1%
1Y
-1.8%
SPGI
US$417.60
S&P Global
7D
3.6%
1Y
-18.1%
HOOD
US$73.64
Robinhood Markets
7D
-4.5%
1Y
16.6%
GS
US$996.73
Goldman Sachs Group
7D
5.1%
1Y
66.5%
MS
US$201.03
Morgan Stanley
7D
4.4%
1Y
59.5%
Seeking Alpha • May 22

Morgan Stanley Upgraded To Buy As Q1 Results Drive Bullish Momentum Again

Summary Morgan Stanley is upgraded to a 'Buy', driven by robust top-line growth, margin recovery, and strong competitive positioning. Morgan Stanley demonstrates proven revenue growth, positive client inflows, and benefits from M&A and resilient equity markets, supporting its diversified business model. Despite signs of overvaluation and modest 7% upside forecasts, its A-level credit ratings, strong liquidity, and low payout ratio reinforce its quality profile. Technical trends confirm a bullish pattern, with Morgan Stanley outperforming peers and the S&P 500, though fee compression in wealth management remains a risk. Read the full article on Seeking Alpha
CME
US$291.23
CME Group
7D
-2.6%
1Y
2.5%
JPM
US$306.38
JPMorgan Chase
7D
2.9%
1Y
17.5%
KKR
US$94.04
KKR
7D
-3.0%
1Y
-19.7%
New Narrative • May 21

Incluso con un colapso brutal del crédito KKR mantendría beneficios relevantes

He encargado a COPILOT: integra la presentación de resultados 1Q 2026 de KKR dentro del investment memo general, manteniendo el tono sobrio, orientado a largo plazo y estilo Buffett. Investment Memo – KKR & Co. Inc.
WFC
US$76.40
Wells Fargo
7D
4.1%
1Y
4.9%
Seeking Alpha • May 20

Wells Fargo Long Duration Preferred: Safe Yield, Discount To Par, And Interest Rate Optionality

Summary Wells Fargo preferred shares WFC.PR.A, WFC.PR.C, WFC.PR.D, and WFC.PR.Z saw significant price drawdowns over the last five years due to the Fed interest rate upcycle. These preferreds yield ~6.3%, trade below par, and offer interest rate optionality if rates decline, with strong coverage metrics and substantial balance sheet support. Lower coupon structures of these preferreds, while responsible for the recent drawdowns, simultaneously create stronger upside participation in a declining rate environment. WFC.PR.A, WFC.PR.C, WFC.PR.D, and WFC.PR.Z are rated a buy due to their strong qualified dividend yield for individual investors, discount to par, and interest rate optionality on the upside, in case of reversal of interest rate upcycle. A ~6% regular income stream, without any near-term call risk at present, is a noteworthy advantage for an income- or goal-based investor allocating without much regard to price fluctuations. Read the full article on Seeking Alpha
BAC
US$51.80
Bank of America
7D
4.1%
1Y
19.9%
BRK.A
US$728,641.00
Berkshire Hathaway
7D
0.7%
1Y
-3.4%
IBKR
US$81.35
Interactive Brokers Group
7D
-6.5%
1Y
57.5%
V
US$328.88
Visa
7D
1.0%
1Y
-7.0%
PS
US$35.67
Pershing Square
7D
-13.4%
1Y
n/a