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Zambian (LSE) Banks Industry Analysis

UpdatedJun 01, 2026
DataAggregated Company Financials
Companies2
  • 7D0.4%
  • 3M-10.7%
  • 1Y46.4%
  • YTD27.6%

In the last week, Banks has been flat. As for the the longer term, the industry is up 46% over the past 12 months.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 02 Jun 2026ZK16.4bZK7.1bZK2.1b16.7x7.8x2.3x
Thu, 30 Apr 2026ZK16.6bZK7.0bZK2.1b12.6x7.7x2.4x
Sat, 28 Mar 2026ZK16.2bZK7.0bZK2.1b12.1x7.6x2.3x
Mon, 23 Feb 2026ZK14.8bZK8.0bZK2.2b9.6x6.9x1.8x
Wed, 21 Jan 2026ZK13.9bZK7.4bZK1.9b12x7.2x1.9x
Fri, 19 Dec 2025ZK12.9bZK7.4bZK1.9b10.3x6.7x1.8x
Sun, 16 Nov 2025ZK13.0bZK7.4bZK1.9b10.4x6.8x1.8x
Tue, 14 Oct 2025ZK13.2bZK7.1bZK2.1b11.1x6.2x1.9x
Thu, 11 Sep 2025ZK13.4bZK7.1bZK2.1b11.5x6.3x1.9x
Sat, 09 Aug 2025ZK13.2bZK6.9bZK2.1b11.5x6.2x1.9x
Mon, 07 Jul 2025ZK12.6bZK7.0bZK2.1b10.5x5.9x1.8x
Wed, 04 Jun 2025ZK11.2bZK6.8bZK2.1b8.2x5.4x1.6x
Fri, 02 May 2025ZK11.3bZK6.8bZK2.1b8.3x5.5x1.7x
Sun, 30 Mar 2025ZK11.7bZK6.8bZK2.0b10.1x5.7x1.7x
Tue, 25 Feb 2025ZK11.7bZK7.4bZK2.0b10.3x6x1.6x
Thu, 23 Jan 2025ZK12.2bZK7.0bZK2.3b5.8x5.2x1.7x
Sat, 21 Dec 2024ZK13.1bZK7.0bZK2.3b6.5x5.6x1.9x
Mon, 18 Nov 2024ZK14.2bZK7.0bZK2.3b7.3x6.1x2x
Wed, 16 Oct 2024ZK14.5bZK7.0bZK2.3b7.5x6.3x2.1x
Fri, 13 Sep 2024ZK13.8bZK6.9bZK2.3b6.9x5.9x2x
Sun, 11 Aug 2024ZK13.9bZK6.9bZK2.3b6.8x6x2x
Tue, 09 Jul 2024ZK14.9bZK6.9bZK2.3b7.5x6.4x2.1x
Thu, 06 Jun 2024ZK15.2bZK6.9bZK2.3b7.5x6.5x2.2x
Sat, 04 May 2024ZK15.2bZK6.9bZK2.3b6.9x6.5x2.2x
Mon, 01 Apr 2024ZK15.0bZK7.1bZK2.1b14.3x7x2.1x
Wed, 28 Feb 2024ZK10.6bZK7.1bZK2.1b10.4x5x1.5x
Fri, 26 Jan 2024ZK8.7bZK6.0bZK1.8b7.5x4.8x1.4x
Sun, 24 Dec 2023ZK8.2bZK6.0bZK1.8b6.8x4.5x1.4x
Tue, 21 Nov 2023ZK8.2bZK6.0bZK1.8b6.8x4.5x1.4x
Thu, 19 Oct 2023ZK8.2bZK4.9bZK1.4b7.5x5.8x1.7x
Sat, 16 Sep 2023ZK7.7bZK4.9bZK1.4b7.3x5.5x1.6x
Mon, 14 Aug 2023ZK7.7bZK4.9bZK1.4b7.2x5.4x1.6x
Wed, 12 Jul 2023ZK7.7bZK5.7bZK1.6b6.9x4.8x1.4x
Fri, 09 Jun 2023ZK7.7bZK6.0bZK1.7b5.4x4.5x1.3x
Price to Earnings Ratio

4.5x


Total Market Cap: ZK7.7bTotal Earnings: ZK1.7bTotal Revenue: ZK6.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Zambian Banks Industry Price to Earnings3Y Average 6x202420252026
Current Industry PE
    There are only 2 companies in the Zambian Banks industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 7.3% per year over the last three years.
  • Revenues for these companies have grown 5.8% 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 Zambian Financials industry?

ZM Market-0.81%
Financials0.26%
Banks0.39%
Diversified Banks0.39%
Regional Banks0%0
Industry PE
  • Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 6.0x.
    • 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, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 6.0x.
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
ZNCO Zambia National Commercial BankK9.530.3%
+K43.3m		72.3%PB2x
SCBL Standard Chartered Bank ZambiaK1.280.8%
+K20.8m		-17.9%PB2x

Latest News

ZNCO
K9.53
Zambia National Commercial Bank
7D
0.3%
1Y
72.3%
SCBL
K1.28
Standard Chartered Bank Zambia
7D
0.8%
1Y
-17.9%