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Venezuelan (IBC) Banks Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies5
  • 7D0.4%
  • 3M1.9%
  • 1Y4.0%
  • YTD4.9%

Over the last 7 days, the Banks industry has remained flat, although notably Mercantil Servicios Financieros C.A gained 5.6%. As for the the longer term, the industry is up 4.0% over the past 12 months.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 22 Nov 2024278.5b13.7b2.8b21x99.9x20.3x
Sun, 20 Oct 2024272.9b18.0b3.4b17.9x79.6x15.2x
Tue, 17 Sep 2024266.0b17.0b4.1b17.9x64.8x15.7x
Thu, 15 Aug 2024263.7b17.0b4.1b17.4x64.3x15.5x
Sat, 13 Jul 2024264.9b14.4b4.0b7.4x65.8x18.4x
Mon, 10 Jun 2024259.1b14.3b4.4b4.3x58.9x18.1x
Wed, 08 May 2024257.3b15.6b4.6b11.8x55.8x16.5x
Fri, 05 Apr 2024259.5b14.7b4.9b13.7x52.9x17.7x
Sun, 03 Mar 2024257.2b14.7b4.9b14.9x52.4x17.5x
Tue, 30 Jan 202474.1b13.4b4.8b18x15.5x5.5x
Thu, 28 Dec 202373.7b13.1b4.7b18.5x15.5x5.6x
Sat, 25 Nov 202376.3b13.1b4.7b21.2x16.1x5.8x
Mon, 23 Oct 202368.6b10.6b4.0b4.2x17.2x6.5x
Wed, 20 Sep 202366.7b8.9b3.0b14.4x22.4x7.5x
Fri, 18 Aug 202370.9b7.2b2.3b12.8x31.4x9.9x
Sun, 16 Jul 202370.8b6.2b2.1b13.3x33.5x11.5x
Tue, 13 Jun 202370.7b6.2b2.1b10.4x33.4x11.5x
Thu, 11 May 202369.5b3.2b869.4m35.1x79.9x22x
Sat, 08 Apr 202368.1b2.9b779.3m33x87.4x23.5x
Mon, 06 Mar 202310.2b943.3m77.7m51.2x131.6x10.8x
Wed, 01 Feb 20239.2b943.3m77.7m37.7x118.1x9.7x
Fri, 30 Dec 20222.9t1.0b98.4m68931x29060.8x2753.1x
Sun, 27 Nov 20227.6b95.8m20.7m67.6x369.1x79.8x
Tue, 25 Oct 20227.2b95.8m20.7m46.5x348.1x75.2x
Thu, 22 Sep 20227.8b408.7m96.8m27x80.3x19x
Sat, 20 Aug 20227.9b408.7m96.8m24.2x81.4x19.3x
Mon, 18 Jul 20228.5b854.4m86.2m20.1x98.2x9.9x
Wed, 15 Jun 20222.4b891.7m215.1m9.2x11.3x2.7x
Fri, 13 May 20223.7b891.7m215.1m8.7x17.2x4.1x
Sun, 10 Apr 202216.1b482.3t171.1t17.6x0.00009x0.00003x
Tue, 08 Mar 2022237.0b817.3t254.4t0.00002x0.0009x0.0003x
Thu, 03 Feb 202217.1b760.5t249.1t0.00002x0.00007x0.00002x
Sat, 01 Jan 202217.5b760.5t249.1t0.00002x0.00007x0.00002x
Mon, 29 Nov 202117.9b760.5t249.1t0.00002x0.00007x0.00002x
Price to Earnings Ratio

0.00007x


Total Market Cap: 17.9bTotal Earnings: 249.1tTotal Revenue: 760.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Venezuelan Banks Industry Price to Earnings3Y Average 272.4x202220232024
Current Industry PE
  • Investors are pessimistic on the Venezuelan Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 100x which is lower than its 3-year average PE of 272x.
  • The 3-year average PS ratio of 35.0x is higher than the industry's current PS ratio of 20.3x.
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 Market0.65%
Financials0.41%
Banks0.41%
Diversified Banks0.41%
Regional Banks0%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 272x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 272x.
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
ABC.A Banco del Caribe C.A. Banco UniversalUS$29.003.6%
+US$166.4m
-27.5%PB6.7x
BPV Banco Provincial Banco UniversalUS$6.740.4%
+US$79.8m
18.8%PB2.6x
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