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Venezuelan (IBC) Banks Industry Analysis

UpdatedDec 01, 2022
DataAggregated Company Financials
  • 7D-4.0%
  • 3M9.3%
  • 1Y152.7%
  • YTD188.5%

Over the last 7 days, the Banks industry has dropped 4.0%, driven by a pullback from Banco Nacional de Crédito C.A. Banco Universal of 57%. Meanwhile, Banco Provincial Banco Universal actually outperformed within the industry, gaining 7.7% in the last week. Over the past 12 months, the industry was up 153%.

Industry Valuation and Performance

Has the Venezuelan Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Dec 20226.8b95.8m20.7m26.1x327.8x70.8x
Sat, 29 Oct 20226.8b95.8m20.7m47.2x327.8x70.8x
Mon, 26 Sep 20227.1b95.8m20.7m40.8x342.5x74x
Wed, 24 Aug 20227.9b408.7m96.8m18.9x81.6x19.3x
Fri, 22 Jul 20228.8b854.4m86.2m21.5x101.6x10.2x
Sun, 19 Jun 20228.2b891.7m215.1m9.3x38x9.2x
Tue, 17 May 20224.0b891.7m215.1m9.4x18.6x4.5x
Thu, 14 Apr 2022231.2b482.3t171.1t25.9x0.001x0.0005x
Sat, 12 Mar 202221.5b817.3t254.4t0.00002x0.00009x0.00003x
Mon, 07 Feb 202217.0b760.5t249.1t0.00002x0.00007x0.00002x
Wed, 05 Jan 202223.6b760.5t249.1t0.00006x0.0001x0.00003x
Fri, 03 Dec 202117.9b760.5t249.1t0.00002x0.00007x0.00002x
Sun, 31 Oct 202117.7b537.1t244.4t0.00002x0.00007x0.00003x
Tue, 28 Sep 20214242.3t412.8t199.4t25.8x21.3x10.3x
Thu, 26 Aug 20214332.9t412.8t199.4t34.6x21.7x10.5x
Fri, 02 Jul 202151507.5t412.8t199.4t117.7x258.3x124.8x
Mon, 05 Apr 202123035.5t322.5t175.5t79.3x131.2x71.4x
Thu, 07 Jan 20217332.8t159.5t85.4t48.3x85.9x46x
Wed, 30 Sep 2020276.5t61.1t26.3t30.2x10.5x4.5x
Sat, 04 Jul 2020154.5t28.0t11.7t41.1x13.2x5.5x
Tue, 07 Apr 202049.6t12.7t5.5t16.3x9x3.9x
Fri, 10 Jan 202041.6t7.8t3.7t32.7x11.1x5.4x
Price to Earnings Ratio


Total Market Cap: 33.4tTotal Earnings: 2.2tTotal Revenue: 4.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Venezuelan Banks Industry Price to Earnings3Y Average 82.7x202020212022
Current Industry PE
  • Investors are optimistic on the Venezuelan Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 328x which is higher than its 3-year average PE of 82.7x.
  • The industry's 3-year average PS ratio of 32.6x is exceeded by the industry's current PS ratio of 70.8x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have declined 98% per year over the last three years,
  • Revenues have also declined 97% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Venezuelan Financials industry?

VE Market0.96%
Regional Banks0%
Diversified Banks-4.05%
Industry PE
    • 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 82.6x.
    Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

    Top Stock Gainers and Losers

    Which companies have driven the market over the last 7 days?

    CompanyLast Price7D1YValuation
    BPV Banco Provincial Banco Universal4.207.7%
    ABC.A Banco del Caribe C.A. Banco Universal6.5012.1%
    MVZ.B Mercantil Servicios Financieros C.A12.504.6%
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