Banks: how to ride the stock market surge
El alza del precio del dinero mejora las expectativas del sector a pesar de las valoraciones en zona de máximos. Los expertos recomiendan ser más selectivos después de seis años consecutivos de subidas en el parqué. Leer
The Spanish banking sector has seen significant growth, with the Ibex 35 Bancos index rising 27.3% in 2026 and 494% since December 31, 2020. Despite high valuations, experts believe the sector will continue to perform well due to rising interest rates, with some analysts predicting further rate hikes. Banks such as Santander, BBVA, CaixaBank, Sabadell, Bankinter, and Unicaja have seen significant gains, with their price-to-book ratios ranging from 1.39 to 2.41.
Analysts recommend being selective, citing varying exposure to interest rate hikes, with CaixaBank and Bankinter seen as most positively exposed. The sector's strong performance is expected to continue, driven by rising interest rates and solid earnings, with dividend payouts and share buybacks also supporting investor confidence.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
