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	$1.23T	6.7x	n/a
Bank of America	$776B	7.1x	n/a
Royal Bank of Canada	$637B	13.0x	n/a
Goldman Sachs	$637B	10.8x	n/a
Citigroup	$590B	6.8x	n/a
Santander	$562B	7.7x	n/a
BNP Paribas	$533B	8.8x	n/a
Wells Fargo	$489B	5.8x	n/a
Morgan Stanley	$411B	5.9x	n/a
UBS	$367B	7.4x	n/a
Scotiabank	$328B	11.9x	n/a
Nordea	$307B	21.7x	n/a
TD Bank	$306B	7.5x	n/a
Bank of Montreal	$301B	11.3x	n/a
MUFG	$298B	3.1x	n/a
ING Group	$285B	10.7x	n/a
Société Générale	$266B	8.3x	n/a
UniCredit	$247B	8.4x	n/a
BBVA	$243B	5.7x	n/a
Barclays	$239B	6.1x	n/a
Credit Agricole	$237B	7.2x	n/a
Deutsche Bank	$227B	6.0x	n/a
Canadian Imperial Bank	$191B	8.9x	n/a
National Australia Bank	$180B	12.4x	n/a
U.S. Bank	$172B	6.0x	n/a
ABN AMRO Bank	$160B	15.5x	n/a
CaixaBank	$153B	8.0x	n/a
PNC Financial Services	$147B	6.4x	n/a
Sumitomo Mitsui Trust Bank	$143B	26.3x	n/a
Lloyds Banking Group	$141B	5.4x	n/a
Standard Chartered	$140B	6.6x	n/a
Truist	$140B	6.8x	n/a
HSBC	$123B	1.8x	n/a
BNY Mellon	$122B	6.1x	n/a
Al Rajhi Bank	$120B	11.7x	n/a
CITIC Securities	$86.8B	7.8x	n/a
Macquarie Group	$79.7B	6.5x	n/a
BTG Pactual	$70.7B	n/a	n/a
Huatai Securities	$63.2B	10.4x	n/a
State Street	$62.2B	4.5x	n/a
GF Securities	$56.7B	11.4x	n/a
Mediobanca	$53.9B	12.0x	n/a
China Securities	$49.1B	n/a	n/a
Commerzbank	$46.3B	3.2x	n/a
China Merchants	$46.1B	13.2x	n/a
Firstrand	$43.1B	4.6x	n/a
Raiffeisen Bank	$41.7B	4.3x	n/a
Guosen Securities	$40.1B	10.9x	n/a
Shenwan Hongyuan	$39.4B	9.7x	n/a
China Galaxy Securities	$39.2B	8.2x	n/a
Korea Investment Holdings	$37.6B	13.7x	n/a
China Securities HK	$34.1B	n/a	n/a
Riyad Bank	$32.3B	6.6x	n/a
Banco Bci	$31.9B	9.2x	n/a
Santander Brasil	$30.3B	1.9x	n/a
Daiwa Securities Group	$30.1B	5.5x	n/a
Mirae Asset Securities	$29.9B	12.8x	n/a
Orient Securities	$25.8B	9.2x	n/a
Jefferies	$22.3B	3.0x	21.2x
Mega Financial Holding Co	$21.4B	8.8x	n/a
China Industrial Securities	$20.1B	9.5x	n/a
Everbright Securities	$19.8B	12.8x	n/a
Kiwoom Securities	$19.2B	12.0x	n/a
Founder Securities	$18.9B	11.0x	n/a
Hua Nan Financial Holdings	$18.5B	8.3x	n/a
Scotiabank Chile	$18.1B	n/a	n/a
Banco de Oro	$17.5B	3.6x	n/a
Zhongtai Securities	$16.1B	n/a	n/a
Evercore	$14.8B	4.0x	18.7x
Cinda Securities	$14.6B	n/a	n/a
Soochow Securities	$14.4B	7.5x	n/a
Changjiang Securities	$13.7B	8.5x	n/a
Zheshang Securities	$13.7B	11.0x	n/a
Nomura	$13.6B	1.1x	2.7x
Stifel	$13.2B	2.4x	n/a
Samsung Securities	$12.9B	7.7x	n/a
Guoyuan Securities	$12.1B	13.2x	n/a
Tianfeng Securities Co	$11.4B	n/a	n/a
Dongxing Securities	$11.3B	n/a	n/a
China Great Wall Secs	$11.2B	n/a	n/a
Houlihan Lokey	$11.2B	4.2x	n/a
Capital Securities Corp.	$9.6B	n/a	n/a
Guolian Securities	$9.2B	8.6x	n/a
HuaAn Securities Co	$8.8B	n/a	n/a
Nanjing Securities	$8.7B	n/a	n/a
Western Securities	$8.4B	11.1x	n/a
BOC International China	$7.8B	16.6x	n/a
Southwest Securities	$7.3B	15.7x	n/a
Hongta Securities	$6.8B	21.0x	n/a
Turkiye Sinai Kalkinma	$6.6B	n/a	n/a
Investec	$6.4B	2.2x	n/a
Piper Sandler	$5.9B	3.3x	n/a
Northeast Securities	$5.8B	8.1x	n/a
Motilal Oswal	$5.8B	5.9x	13.2x
Lazard	$5.6B	1.8x	11.8x
BRBI BR Partners	$5.3B	n/a	n/a
Moelis & Company	$5.3B	3.6x	18.2x
Turkiye Kalkinma	$5.2B	n/a	n/a
PJT Partners	$4.2B	2.5x	11.8x
Pacific Securities Co.	$4.1B	21.2x	n/a
EdelweissFin	$3.2B	n/a	n/a
Sociedad de Inversiones	$3.0B	n/a	n/a
SSI Securities	$3.0B	7.2x	12.7x
IBF Financial Holdings	$2.8B	n/a	n/a
JM Financial	$2.6B	n/a	n/a
Tokai Tokyo Financial Holdings	$2.5B	4.2x	n/a
Yuanta Securities Korea	$2.1B	n/a	n/a
GBM	$1.7B	n/a	n/a
Shin Young Securities	$1.7B	n/a	n/a
Capital Securities	$1.6B	n/a	n/a
Invex Controladora	$1.6B	1.0x	n/a
Oppenheimer Holdings	$1.6B	n/a	n/a
BRC Group Holdings	$1.6B	n/a	n/a
Ho Chi Minh City Securities	$1.5B	n/a	n/a
Perella Weinberg Partners	$1.5B	2.0x	17.8x
İş Yatırım	$1.5B	n/a	n/a
Nihon M&A Center	$1.2B	4.1x	10.9x
Monex SAB de	$1.2B	n/a	n/a
Value Grupo Financiero	$1.1B	n/a	n/a
Vietcap	$1.0B	5.9x	n/a
Nitratos de Chile	$983M	n/a	n/a
Vndirect Securities	$930M	3.6x	n/a
LS Securities	$863M	n/a	n/a
Canaccord Genuity	$705M	0.5x	n/a
Baader Bank	$501M	1.4x	n/a
Equita Group	$481M	3.8x	n/a
EFG Holding	$443M	0.9x	n/a
Quants Research Institute	$371M	3.2x	10.8x
Alantra Partners	$290M	n/a	1.2x
Gedik Yatırım	$270M	n/a	n/a
AMTD IDEA	$238M	n/a	n/a
Novetum	$220M	n/a	n/a
General Shopping	$201M	n/a	n/a
Oyak Yatirim	$158M	n/a	n/a
DAM Capital Advisors	$111M	n/a	n/a
Investec	$110M	n/a	n/a
Mangold	$96.3M	n/a	n/a
MMTEC	$91.5M	n/a	n/a
Valartis Group	$83.2M	n/a	n/a
Grande Group	$57.5M	n/a	n/a
Reino Capital	$25.8M	n/a	n/a
Letus Capital	$18.0M	n/a	n/a
Novavis Group	$10.9M	49.8x	-8.3x
Skyline Investment	$9.7M	n/a	n/a
Capital Partners	$5.0M	n/a	n/a
Rikhav Securities	$0.7M	n/a	n/a
New Tech Capital	-$1.8M	n/a	n/a
Igoria Trade	-$2.4M	n/a	n/a
NWAI Dom Maklerski	-$63.9M	n/a	n/a
Kuwait Investment Company	-$82.4M	n/a	n/a
Dominari Holdings	-$111M	n/a	n/a
IPOPEMA Securities	-$144M	n/a	n/a
Kyobo Securities	-$267M	n/a	n/a
CICC	-$2.8B	-0.7x	n/a
SDIC Capital	-$9.1B	-4.0x	n/a