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U.S. Financials Sector Analysis

UpdatedDec 22, 2024
DataAggregated Company Financials
Companies1325
  • 7D-2.6%
  • 3M6.7%
  • 1Y28.8%
  • YTD27.9%

Over the last 7 days, the Financials industry has dropped 2.6%, driven by declines in Blackstone and Bank of America of 9.3% and 3.3%, respectively. This takes the industry's 12 month performance to a gain of 29%. Looking forward, earnings are forecast to grow by 7.2% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024US$9.3tUS$2.9tUS$504.7b13.1x18.5x3.2x
Tue, 19 Nov 2024US$9.6tUS$2.9tUS$504.6b13.5x19.1x3.3x
Thu, 17 Oct 2024US$9.1tUS$2.8tUS$468.8b12.9x19.4x3.2x
Sat, 14 Sep 2024US$8.5tUS$2.8tUS$466.0b12.4x18.2x3x
Mon, 12 Aug 2024US$8.1tUS$2.8tUS$465.7b11.8x17.3x2.9x
Wed, 10 Jul 2024US$7.9tUS$2.8tUS$461.3b11x17.2x2.9x
Fri, 07 Jun 2024US$7.9tUS$2.8tUS$463.2b10.7x17x2.8x
Sun, 05 May 2024US$7.8tUS$2.8tUS$490.9b10.9x15.9x2.8x
Tue, 02 Apr 2024US$8.1tUS$2.7tUS$475.0b10.9x17x3x
Thu, 29 Feb 2024US$7.7tUS$2.7tUS$475.0b10.5x16.2x2.8x
Sat, 27 Jan 2024US$7.5tUS$2.7tUS$423.2b12.2x17.8x2.8x
Mon, 25 Dec 2023US$7.4tUS$2.7tUS$446.7b11.6x16.5x2.7x
Wed, 22 Nov 2023US$6.8tUS$2.7tUS$446.4b10.7x15.2x2.5x
Fri, 20 Oct 2023US$6.4tUS$2.7tUS$434.9b10.2x14.7x2.4x
Sun, 17 Sep 2023US$6.8tUS$2.7tUS$430.8b10.6x15.8x2.6x
Tue, 15 Aug 2023US$6.8tUS$2.7tUS$429.7b11x15.8x2.6x
Thu, 13 Jul 2023US$6.7tUS$2.6tUS$342.9b10.7x19.5x2.6x
Sat, 10 Jun 2023US$6.4tUS$2.6tUS$341.1b10.6x18.9x2.5x
Mon, 08 May 2023US$6.2tUS$2.6tUS$314.0b10.1x19.9x2.4x
Wed, 05 Apr 2023US$6.3tUS$2.6tUS$318.6b10.7x19.6x2.4x
Fri, 03 Mar 2023US$5.7tUS$2.4tUS$308.6b11.7x18.3x2.4x
Sun, 29 Jan 2023US$5.8tUS$2.4tUS$358.9b11.4x16.2x2.4x
Tue, 27 Dec 2022US$5.4tUS$2.4tUS$368.9b11.5x14.7x2.2x
Thu, 24 Nov 2022US$5.7tUS$2.4tUS$368.8b11.9x15.6x2.4x
Sat, 22 Oct 2022US$5.2tUS$2.4tUS$398.3b11.3x13.1x2.2x
Mon, 19 Sep 2022US$5.4tUS$2.4tUS$408.5b11.5x13.2x2.2x
Wed, 17 Aug 2022US$5.8tUS$2.4tUS$401.7b12.2x14.4x2.4x
Fri, 15 Jul 2022US$5.2tUS$2.4tUS$513.2b10.9x10x2.1x
Sun, 12 Jun 2022US$5.4tUS$2.4tUS$513.7b10.8x10.5x2.2x
Tue, 10 May 2022US$5.7tUS$2.4tUS$513.4b11.6x11.2x2.4x
Thu, 07 Apr 2022US$6.3tUS$2.4tUS$553.9b11.8x11.3x2.6x
Sat, 05 Mar 2022US$6.3tUS$2.5tUS$554.7b10.8x11.4x2.6x
Mon, 31 Jan 2022US$6.5tUS$2.5tUS$550.0b10.9x11.9x2.7x
Wed, 29 Dec 2021US$6.7tUS$2.4tUS$540.6b11x12.4x2.8x
Price to Earnings Ratio

12.4x


Total Market Cap: US$6.7tTotal Earnings: US$540.6bTotal Revenue: US$2.4tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Financials Sector Price to Earnings3Y Average 15.7x202220232024
Current Industry PE
  • Investors are optimistic on the American Financials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 18.2x which is higher than its 3-year average PE of 15.7x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have declined 2.3% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.4% 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, which has decreased profits.

Industry Trends

Which industries have driven the changes within the U.S. Financials sector?

US Market-2.37%
Financials-2.56%
Mortgage Finance0%
Diversified Financial-0.64%
Insurance-2.21%
Consumer Finance-2.75%
Banks-3.36%
Mortgage REITs-3.71%
Capital Markets-4.09%
Industry PE
  • Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 22.5x.
    • Analysts expect its future annual earnings growth (13.2%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Insurance industry, which is trading below its 3-year average of 18.2x.
Forecasted Growth
  • Analysts are most optimistic on the Mortgage REITs industry, expecting annual earnings growth of 48% over the next 5 years.
  • This is better than its past earnings growth rate of 5.3% per year.
  • In contrast, the Diversified Financial industry is expected to see its earnings decline by 4.5% 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$317.710.9%
+US$5.8b		22.9%PE32x
FI FiservUS$206.050.7%
+US$790.8m		54.2%PE38.3x
WTW Willis Towers WatsonUS$317.572.0%
+US$622.5m		32.3%PS3.3x
FCNC.A First Citizens BancSharesUS$2.13k2.1%
+US$609.9m		48.9%PB1.4x
DWAC Digital World AcquisitionUS$49.9540.4%
+US$534.2m		266.5%PE-72.7x
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NU

US$10.38

Nu Holdings

7D

-13.1%

1Y

26.3%

WTW

US$317.57

Willis Towers Watson

7D

2.0%

1Y

32.3%

V

US$317.71

Visa

7D

0.9%

1Y

22.9%

BX

US$170.84

Blackstone

7D

-9.3%

1Y

30.7%

JPM

US$237.60

JPMorgan Chase

7D

-1.0%

1Y

41.9%

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GS

US$566.10

Goldman Sachs Group

7D

-3.3%

1Y

48.7%

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Dec 17

BAC

US$44.17

Bank of America

7D

-3.3%

1Y

32.1%

CME

US$238.53

CME Group

7D

0.6%

1Y

11.3%

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PGR

US$239.97

Progressive

7D

-4.7%

1Y

52.1%

COIN

US$278.71

Coinbase Global

7D

-10.3%

1Y

58.8%

SCHW

US$74.31

Charles Schwab

7D

-6.6%

1Y

8.4%

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Dec 07
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FI

US$206.05

Fiserv

7D

0.7%

1Y

54.2%

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Dec 06

FCNC.A

US$2,130.51

First Citizens BancShares

7D

2.1%

1Y

48.9%

GL

US$109.39

Globe Life

7D

3.8%

1Y

-10.0%

RELY

US$22.61

Remitly Global

7D

9.0%

1Y

19.4%

DWAC

US$49.95

Digital World Acquisition

7D

40.4%

1Y

266.5%