Archive · 1 Jul 2025
European Banks Enjoy Strongest First Half of the Century
European banks had a very good start to the year, the best since 1997.
This means their stock prices went up a lot.
The Stoxx 600 Banks Index, which tracks many banks, rose by 29%.
Banks like Banco Santander and Commerzbank did especially well.
Some banks are doing so well that they are now worth more than others.
Some analysts think banks will keep doing well, despite any economic uncertainty.
The Italian banking sector is also seeing a lot of activity, with some banks trying to buy other banks.
Banks are doing better because they are earning more and have seen their share prices increase.
European bank stocks experienced their best first-half performance since 1997, with the Stoxx 600 Banks Index rising 29% through June 30.
Banco Santander surpassed UBS Group AG to become continental Europe’s most valuable lender.
Societe Generale's stock surged 79% due to CEO Slawomir Krupa's turnaround plan, reaching near 2017-high levels.
Commerzbank's market capitalization exceeded €30 billion, driven by earnings strength and takeover interest.
Italian lenders are experiencing a deal wave, with UniCredit among Europe’s top performers, pursuing Banco BPM SpA.
- Who
- European bank stocks
- What
- European bank stocks had their strongest first-half performance since 1997.
- When
- The Stoxx 600 Banks Index rose 29% in the six months through June 30.
- Where
- Europe
- Why
- Investors piled into lenders for their strong returns and resilient earnings.
Analysts’ Views
No Opposing Sides Found
Future Outlook
Analysts’ Views
KBW’s Andrew Stimpson is bullish, citing an improved earnings profile and below-average valuation multiples.
No Opposing Sides Found
The articles do not show a contrasting view.
- Stoxx 600 Banks Index Growth
- 29%
- Best First Half
- Since 1997
- Banco Santander Growth
- 57% since start of the year
- Societe Generale Growth
- 79%
- Commerzbank Market Cap
- Exceeded €30 billion