Investment Banking Valuation Multiples and Public Comps

Investment Banking

See analyst estimates and all valuation multiples for Investment Banking

Company	EV	EV/LTM Revenue	EV/LTM EBITDA
JPMorgan Chase	$1.06T	6.0x	n/a
Bank of America	$733B	7.0x	n/a
Royal Bank of Canada	$562B	12.3x	n/a
Bank Of China	$544B	6.2x	n/a
Citigroup	$527B	6.4x	n/a
BNP Paribas	$509B	8.7x	n/a
Santander	$503B	6.9x	n/a
Wells Fargo	$475B	5.7x	n/a
Credit Agricole	$431B	13.3x	n/a
UBS	$319B	6.4x	n/a
Morgan Stanley	$309B	4.8x	n/a
TD Bank	$301B	7.7x	n/a
Scotiabank	$298B	11.2x	n/a
Nordea	$290B	20.5x	n/a
Bank of Montreal	$285B	11.2x	n/a
ING Group	$265B	10.0x	n/a
Société Générale	$247B	7.8x	n/a
National Australia Bank	$217B	16.1x	n/a
Macquarie Group	$216B	18.8x	n/a
UniCredit	$213B	7.3x	n/a
Deutsche Bank	$211B	5.8x	n/a
Barclays	$204B	5.4x	n/a
Goldman Sachs	$196B	3.6x	n/a
BBVA	$181B	4.3x	n/a
Lloyds Banking Group	$167B	6.8x	n/a
Canadian Imperial Bank	$164B	8.1x	n/a
U.S. Bank	$158B	5.7x	n/a
MUFG	$151B	1.5x	n/a
Sumitomo Mitsui Trust Bank	$148B	24.7x	n/a
PNC Financial Services	$138B	6.2x	n/a
CaixaBank	$125B	6.6x	n/a
ABN AMRO Bank	$124B	11.9x	n/a
Truist	$121B	7.1x	n/a
Standard Chartered	$118B	5.7x	n/a
BNY Mellon	$105B	5.5x	n/a
Guotai Junan International	$94.8B	13.8x	n/a
Al Rajhi Bank	$89.3B	9.6x	n/a
CITIC Securities	$77.4B	8.2x	23.8x
Mediobanca	$51.3B	11.7x	n/a
Huatai Securities	$45.8B	8.2x	27.9x
China Securities	$44.6B	11.0x	n/a
GF Securities	$43.7B	11.1x	33.9x
China Merchants	$41.9B	11.4x	26.2x
China Galaxy Securities	$40.4B	8.1x	n/a
Commerzbank	$37.3B	2.7x	n/a
BTG Pactual	$36.7B	n/a	n/a
Shenwan Hongyuan	$36.6B	8.6x	n/a
Raiffeisen Bank	$34.4B	3.7x	n/a
Korea Investment Holdings	$34.2B	16.4x	n/a
Guosen Securities	$33.8B	11.5x	n/a
HSBC	$32.9B	0.5x	n/a
Riyad Bank	$29.2B	6.1x	n/a
Mega Financial Holding Co	$25.3B	9.2x	n/a
Santander Brasil	$24.2B	1.6x	n/a
Jefferies	$23.9B	3.5x	25.9x
Orient Securities	$23.7B	8.5x	n/a
Banco Bci	$22.8B	7.4x	n/a
State Street	$22.0B	1.7x	n/a
Mirae Asset Securities	$21.9B	10.2x	n/a
Daiwa Securities Group	$20.0B	2.4x	n/a
Firstrand	$19.4B	2.3x	n/a
Everbright Securities	$19.4B	11.3x	n/a
Banco de Oro	$19.2B	3.9x	n/a
China Industrial Securities	$18.9B	10.5x	n/a
Hua Nan Financial Holdings	$18.0B	n/a	n/a
Founder Securities	$17.8B	15.6x	n/a
Scotiabank Chile	$16.7B	n/a	n/a
Kiwoom Securities	$14.5B	10.3x	n/a
Zhongtai Securities	$13.6B	8.4x	n/a
Tianfeng Securities Co	$13.1B	n/a	n/a
Stifel	$12.6B	2.5x	n/a
Cinda Securities	$12.2B	26.7x	n/a
Houlihan Lokey	$12.2B	5.0x	n/a
Soochow Securities	$12.2B	7.2x	n/a
Evercore	$11.9B	3.8x	19.6x
Zheshang Securities	$10.9B	4.7x	n/a
Changjiang Securities	$10.8B	9.6x	n/a
Guoyuan Securities	$10.7B	9.6x	n/a
Samsung Securities	$10.5B	6.4x	n/a
China Great Wall	$9.9B	n/a	n/a
Capital Securities Corp.	$9.6B	n/a	n/a
Dongxing Securities	$8.6B	n/a	n/a
HuaAn Securities Co	$7.4B	n/a	n/a
Nanjing Securities	$7.2B	15.6x	n/a
Western Securities	$7.0B	n/a	n/a
Motilal Oswal	$6.8B	7.2x	16.6x
Southwest Securities	$6.8B	17.4x	n/a
Hongta Securities	$6.6B	n/a	n/a
BOC International China	$5.7B	n/a	n/a
Lazard	$5.7B	2.0x	13.7x
Moelis & Company	$4.9B	3.9x	24.0x
Piper Sandler	$4.9B	3.2x	n/a
Northeast Securities	$4.7B	5.0x	n/a
PJT Partners	$4.4B	2.8x	14.2x
Pacific Securities Co.	$3.8B	n/a	n/a
EdelweissFin	$3.3B	n/a	n/a
JM Financial	$3.2B	n/a	n/a
Investec	$3.2B	1.1x	n/a
Guolian Securities	$3.0B	4.9x	n/a
IBF Financial Holdings	$2.9B	n/a	n/a
Tokai Tokyo Financial Holdings	$2.7B	4.4x	n/a
Capital Securities	$2.2B	n/a	n/a
SSI Securities	$2.1B	6.0x	n/a
Yuanta Securities Korea	$1.6B	n/a	n/a
Oppenheimer Holdings	$1.6B	n/a	n/a
GBM	$1.4B	n/a	n/a
Perella Weinberg Partners	$1.4B	1.5x	n/a
Nihon M&A Center	$1.3B	4.3x	11.2x
Ho Chi Minh City Securities	$1.2B	n/a	n/a
Shin Young Securities	$1.2B	n/a	n/a
İş Yatırım	$1.1B	n/a	n/a
Value Grupo Financiero	$1.0B	n/a	n/a
Vietcap	$957M	6.6x	n/a
LS Securities	$820M	n/a	n/a
Vndirect Securities	$779M	3.4x	n/a
EFG Holding	$444M	0.9x	n/a
M&A Research Institute	$420M	3.4x	9.5x
Equita Group	$399M	3.9x	n/a
Baader Bank	$345M	1.1x	n/a
Gedik Yatırım	$264M	n/a	n/a
Alantra Partners	$244M	n/a	n/a
Novetum	$206M	n/a	n/a
DAM Capital Advisors	$195M	n/a	n/a
Oyak Yatirim	$110M	n/a	n/a
Planner Corretora	$110M	n/a	n/a
Mangold	$96.6M	n/a	n/a
Canaccord Genuity	$74.0M	0.1x	n/a
Valartis Group	$45.2M	n/a	n/a
Rikhav Securities	$29.7M	n/a	n/a
Reino Capital	$29.0M	n/a	n/a
Letus Capital	$17.8M	n/a	n/a
Novavis Group	$12.6M	5.1x	19.3x
Skyline Investment	$10.4M	n/a	n/a
Capital Partners	$0.1M	n/a	n/a
New Tech Capital	-$0.7M	n/a	n/a
Igoria Trade	-$3.5M	n/a	n/a
IPOPEMA Securities	-$25.7M	n/a	n/a
NWAI Dom Maklerski	-$44.3M	n/a	n/a
Kuwait Investment Company	-$91.2M	n/a	n/a
CICC	-$104M	-0.0x	-0.1x
Kyobo Securities	-$488M	n/a	n/a
SDIC Capital	-$5.7B	n/a	n/a
Nomura	-$6.2B	-0.5x	-1.3x
China Securities HK	-$11.9B	-3.0x	n/a