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U.S. Banks Industry Analysis

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies650
  • 7D-1.5%
  • 3M4.2%
  • 1Y10.2%
  • YTD16.9%

Over the last 7 days, the Banks industry has dropped 1.5%, driven by a pullback from JPMorgan Chase of 4.2%. This takes the industry's 12 month performance to a gain of 10%. As for the next few years, earnings are expected to grow by 9.2% per annum.

Industry Valuation and Performance

Has the U.S. Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Nov 2025US$2.7tUS$695.2bUS$192.0b11.1x14x3.9x
Thu, 16 Oct 2025US$2.6tUS$689.5bUS$188.7b11.6x13.9x3.8x
Sat, 13 Sep 2025US$2.7tUS$677.7bUS$183.9b11.8x14.6x4x
Mon, 11 Aug 2025US$2.5tUS$678.1bUS$183.7b11.2x13.6x3.7x
Wed, 09 Jul 2025US$2.6tUS$668.4bUS$177.0b11.9x14.6x3.9x
Fri, 06 Jun 2025US$2.3tUS$668.7bUS$177.1b11x13.2x3.5x
Sun, 04 May 2025US$2.3tUS$667.9bUS$176.6b11.1x12.8x3.4x
Tue, 01 Apr 2025US$2.2tUS$663.1bUS$172.0b11.2x13x3.4x
Thu, 27 Feb 2025US$2.4tUS$662.8bUS$171.9b11.7x13.9x3.6x
Sat, 25 Jan 2025US$2.5tUS$659.9bUS$167.6b12.3x14.8x3.8x
Mon, 23 Dec 2024US$2.3tUS$655.1bUS$143.0b12.4x16.2x3.5x
Wed, 20 Nov 2024US$2.4tUS$654.9bUS$143.0b12.8x17.1x3.7x
Fri, 18 Oct 2024US$2.2tUS$651.7bUS$143.5b12.1x15.7x3.5x
Sun, 15 Sep 2024US$2.1tUS$654.3bUS$145.7b11.5x14.2x3.2x
Tue, 13 Aug 2024US$2.0tUS$652.5bUS$145.4b10.9x13.9x3.1x
Thu, 11 Jul 2024US$2.1tUS$649.2bUS$149.5b10.1x13.7x3.2x
Sat, 08 Jun 2024US$2.0tUS$655.4bUS$151.1b9.6x13x3x
Mon, 06 May 2024US$2.0tUS$653.4bUS$159.8b9.7x12.3x3x
Wed, 03 Apr 2024US$2.0tUS$653.6bUS$166.1b9.5x12x3.1x
Fri, 01 Mar 2024US$1.9tUS$654.3bUS$168.8b9.4x11x2.8x
Sun, 28 Jan 2024US$1.8tUS$664.1bUS$172.9b10x10.7x2.8x
Tue, 26 Dec 2023US$1.8tUS$668.0bUS$195.5b9.5x9.3x2.7x
Thu, 23 Nov 2023US$1.6tUS$668.0bUS$195.5b8.5x8.3x2.4x
Sat, 21 Oct 2023US$1.5tUS$665.6bUS$196.0b7.7x7.5x2.2x
Mon, 18 Sep 2023US$1.6tUS$656.8bUS$191.7b8.1x8.2x2.4x
Wed, 16 Aug 2023US$1.6tUS$656.4bUS$191.4b8.4x8.4x2.5x
Fri, 14 Jul 2023US$1.6tUS$641.9bUS$184.0b8x8.8x2.5x
Sun, 11 Jun 2023US$1.6tUS$642.3bUS$184.2b7.9x8.5x2.4x
Tue, 09 May 2023US$1.5tUS$641.7bUS$174.7b7.5x8.3x2.3x
Thu, 06 Apr 2023US$1.5tUS$623.9bUS$165.4b8.3x8.9x2.4x
Sat, 04 Mar 2023US$1.8tUS$618.6bUS$163.8b9.5x11.2x3x
Mon, 30 Jan 2023US$1.8tUS$616.5bUS$163.2b9.6x11.2x3x
Wed, 28 Dec 2022US$1.7tUS$611.7bUS$164.2b9.7x10.4x2.8x
Fri, 25 Nov 2022US$1.8tUS$611.5bUS$164.1b10x11.3x3x
Price to Earnings Ratio

11.3x


Total Market Cap: US$1.8tTotal Earnings: US$164.1bTotal Revenue: US$611.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Banks Industry Price to Earnings3Y Average 12x202320242025
Current Industry PE
  • Investors are optimistic on the American Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 14.0x which is higher than its 3-year average PE of 12.0x.
  • The 3-year average PS ratio of 3.1x is lower than the industry's current PS ratio of 3.9x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 5.4% per year over the last three years.
  • Revenues for these companies have grown 4.4% 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 industry?

US Market-0.39%
Financials-0.68%
Banks-1.47%
Regional Banks-0.044%
Diversified Banks-1.92%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 11.6x.
    • Analysts are expecting annual earnings growth of 7.0%, which is lower than the prior year's growth of 28.9% per year.
  • Investors are most pessimistic about the Regional Banks industry, which is trading close to its 3-year average of 13.7x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 17% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 7.0% 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
NBBK NB BancorpUS$18.893.1%
+US$20.9m		-4.6%PB0.9x
QCRH QCR HoldingsUS$78.361.3%
+US$17.1m		-11.9%PB1.2x
SFST Southern First BancsharesUS$49.243.2%
+US$12.6m		14.0%PB1.1x
UNTY Unity BancorpUS$48.572.4%
+US$11.6m		7.5%PB1.5x
PVBC Provident BancorpUS$13.505.4%
+US$11.6m		22.5%PB0.9x

Latest News

NBBK
US$18.89
NB Bancorp
7D
3.1%
1Y
-4.6%
PVBC
US$13.50
Provident Bancorp
7D
5.4%
1Y
22.5%
TFC
US$43.92
Truist Financial
7D
-2.7%
1Y
-6.1%
C
US$98.19
Citigroup
7D
-3.3%
1Y
42.3%

C: Share Buyback Momentum And Digital Payments Expansion Will Drive Upside

Citigroup's analyst price target has been raised slightly from $113.38 to $114.10. This reflects analysts' optimism based on marginal improvements in profit outlook and revenue growth forecasts.
BAC
US$51.48
Bank of America
7D
-3.6%
1Y
10.2%

BAC: Strong Operating Momentum And Revenue Growth Will Drive Upside Potential Ahead

Bank of America's analyst price target has been modestly raised from $57.98 to $58.94 per share as analysts highlight stronger revenue growth, improved profit margins, and robust operating performance across the sector. Analyst Commentary Recent market research provides a nuanced perspective on Bank of America, reflecting both increasing confidence as well as lingering caution among analysts.
PNC
US$179.04
PNC Financial Services Group
7D
-3.3%
1Y
-13.4%

PNC: Loan Growth And Regulatory Tailwinds Will Support Continued Share Gains

PNC Financial Services Group's analyst price target has seen a modest increase, rising less than $0.10 to $220.98. Analysts point to improving loan growth, stable interest rates, and ongoing capital flexibility as key drivers of constructive investor sentiment.
NU
US$15.60
Nu Holdings
7D
-2.6%
1Y
14.3%
USB
US$45.47
U.S. Bancorp
7D
-4.4%
1Y
-10.2%

USB: Higher Fee Income and Credit Improvements Will Drive Performance Into 2026

U.S. Bancorp's average analyst price target rose slightly this quarter. Analysts cited improved profitability, better fee income growth, and solid credit metrics as reasons for upward revisions in their forecasts.
JPM
US$300.37
JPMorgan Chase
7D
-5.2%
1Y
22.6%

JPM: Recent Guidance And New Initiatives Will Shape Sector Leadership Amid Ongoing Risks

JPMorgan Chase's analyst price target has been modestly increased by $1.26 per share to $327.70. Analysts point to the firm's recent earnings beat and improved growth guidance as supporting factors for the upward revision.
FNWD
US$35.15
Finward Bancorp
7D
5.3%
1Y
12.8%
LARK
US$27.10
Landmark Bancorp
7D
5.0%
1Y
29.2%

Landmark Bancorp (NASDAQ:LARK) Has Announced A Dividend Of $0.21

Nov 02
Landmark Bancorp (NASDAQ:LARK) Has Announced A Dividend Of $0.21
WFC
US$83.42
Wells Fargo
7D
-3.1%
1Y
12.6%

WFC: Fee Revenue Strength And Profitability Targets Will Balance Regulatory Headwinds

Wells Fargo's analyst price target has increased by $1.69 to $93.13. Analysts cite the company's core earnings beat, stronger fee revenue, and improved profitability targets as reasons for the upward revision.
QCRH
US$78.36
QCR Holdings
7D
1.3%
1Y
-11.9%
NPB
US$16.44
Northpointe Bancshares
7D
1.7%
1Y
n/a
UNTY
US$48.57
Unity Bancorp
7D
2.4%
1Y
7.5%

Results: Unity Bancorp, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Oct 18
Results: Unity Bancorp, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
SFST
US$49.24
Southern First Bancshares
7D
3.2%
1Y
14.0%

Southern First Bancshares Gears Up For Strong Finish To 2025

Oct 13