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	$1.09T	6.0x	n/a
Bank of America	$776B	7.1x	n/a
Royal Bank of Canada	$587B	12.5x	n/a
Citigroup	$569B	6.6x	n/a
Santander	$522B	7.3x	n/a
Wells Fargo	$498B	5.9x	n/a
BNP Paribas	$494B	8.4x	n/a
Morgan Stanley	$375B	5.4x	n/a
UBS	$342B	7.1x	n/a
Scotiabank	$305B	11.4x	n/a
Nordea	$287B	21.1x	n/a
TD Bank	$284B	7.2x	n/a
Goldman Sachs	$281B	4.8x	n/a
Bank of Montreal	$280B	10.9x	n/a
MUFG	$275B	2.8x	n/a
ING Group	$273B	10.4x	n/a
Société Générale	$247B	7.9x	n/a
UniCredit	$228B	8.0x	n/a
Credit Agricole	$225B	7.0x	n/a
Deutsche Bank	$220B	6.0x	n/a
Barclays	$218B	5.8x	n/a
BBVA	$218B	5.2x	n/a
Lloyds Banking Group	$187B	7.6x	n/a
Canadian Imperial Bank	$183B	9.0x	n/a
National Australia Bank	$165B	12.2x	n/a
U.S. Bank	$158B	5.6x	n/a
Sumitomo Mitsui Trust Bank	$142B	25.6x	n/a
PNC Financial Services	$134B	5.9x	n/a
CaixaBank	$134B	7.2x	n/a
Truist	$133B	6.8x	n/a
Standard Chartered	$132B	6.4x	n/a
ABN AMRO Bank	$124B	12.2x	n/a
BNY Mellon	$114B	5.8x	n/a
Al Rajhi Bank	$112B	11.2x	n/a
Guotai Junan International	$103B	12.8x	n/a
CITIC Securities	$85.3B	8.1x	17.5x
Macquarie Group	$71.0B	6.1x	n/a
HSBC	$69.0B	1.0x	n/a
Huatai Securities	$60.7B	10.5x	29.5x
GF Securities	$55.1B	12.0x	30.9x
Mediobanca	$52.9B	12.1x	n/a
BTG Pactual	$52.3B	n/a	n/a
China Securities	$49.0B	10.7x	n/a
China Merchants	$45.0B	13.0x	23.3x
Commerzbank	$43.7B	3.2x	n/a
Guosen Securities	$40.6B	11.6x	n/a
China Galaxy Securities	$40.2B	8.4x	n/a
Shenwan Hongyuan	$39.5B	9.1x	n/a
Firstrand	$37.0B	4.3x	n/a
Raiffeisen Bank	$36.7B	4.0x	n/a
Korea Investment Holdings	$35.3B	14.1x	n/a
China Securities HK	$33.8B	7.4x	n/a
Riyad Bank	$30.5B	6.3x	n/a
Daiwa Securities Group	$28.6B	4.7x	n/a
Santander Brasil	$28.2B	1.8x	n/a
Banco Bci	$26.0B	8.2x	n/a
Orient Securities	$25.7B	9.5x	n/a
Jefferies	$23.1B	3.1x	22.2x
Mega Financial Holding Co	$22.4B	9.1x	n/a
Mirae Asset Securities	$22.2B	9.7x	n/a
Everbright Securities	$20.2B	12.6x	n/a
State Street	$19.8B	1.4x	n/a
China Industrial Securities	$19.6B	10.3x	n/a
Founder Securities	$18.9B	11.7x	n/a
Hua Nan Financial Holdings	$16.9B	n/a	n/a
Banco de Oro	$16.6B	3.4x	n/a
Kiwoom Securities	$16.4B	10.5x	n/a
Scotiabank Chile	$16.2B	n/a	n/a
Zhongtai Securities	$15.3B	8.5x	n/a
Cinda Securities	$14.3B	31.0x	n/a
Soochow Securities	$13.9B	10.0x	n/a
Zheshang Securities	$13.8B	7.6x	n/a
Stifel	$13.5B	2.5x	n/a
Changjiang Securities	$13.4B	9.3x	n/a
Evercore	$12.6B	3.5x	16.5x
Tianfeng Securities Co	$12.5B	n/a	n/a
Guoyuan Securities	$11.9B	11.9x	n/a
Houlihan Lokey	$11.5B	4.4x	n/a
China Great Wall Secs	$11.3B	n/a	n/a
Samsung Securities	$10.7B	6.5x	n/a
Dongxing Securities	$10.6B	n/a	n/a
Capital Securities Corp.	$10.2B	n/a	n/a
Guolian Securities	$9.6B	9.8x	n/a
Nomura	$9.0B	0.7x	1.8x
Western Securities	$8.4B	n/a	n/a
HuaAn Securities Co	$8.3B	n/a	n/a
Nanjing Securities	$8.0B	18.1x	n/a
Motilal Oswal	$7.5B	7.6x	16.9x
BOC International China	$7.5B	n/a	n/a
Southwest Securities	$7.2B	16.2x	n/a
Hongta Securities	$7.0B	n/a	n/a
Turkiye Sinai Kalkinma	$6.7B	n/a	n/a
Northeast Securities	$6.0B	8.2x	n/a
Turkiye Kalkinma	$5.9B	n/a	n/a
Piper Sandler	$5.6B	3.2x	n/a
Lazard	$5.5B	1.8x	11.8x
BRBI BR Partners	$5.4B	n/a	n/a
Moelis & Company	$4.7B	3.2x	16.6x
Pacific Securities Co.	$4.2B	n/a	n/a
PJT Partners	$3.9B	2.3x	11.1x
Investec	$3.5B	1.2x	n/a
EdelweissFin	$3.4B	n/a	n/a
SSI Securities	$3.1B	8.1x	n/a
JM Financial	$2.9B	n/a	n/a
IBF Financial Holdings	$2.8B	n/a	n/a
Tokai Tokyo Financial Holdings	$2.5B	4.3x	n/a
Sociedad de Inversiones	$2.0B	n/a	n/a
B. Riley Financial	$1.8B	n/a	n/a
Yuanta Securities Korea	$1.7B	n/a	n/a
GBM	$1.5B	n/a	n/a
Invex Controladora	$1.5B	1.0x	n/a
Oppenheimer Holdings	$1.4B	n/a	n/a
Shin Young Securities	$1.4B	n/a	n/a
Nihon M&A Center	$1.3B	4.4x	11.5x
Capital Securities	$1.3B	n/a	n/a
İş Yatırım	$1.2B	n/a	n/a
Perella Weinberg Partners	$1.1B	1.5x	n/a
Monex SAB de	$1.1B	n/a	n/a
Value Grupo Financiero	$1.1B	n/a	n/a
Vietcap	$1.0B	6.7x	n/a
Vndirect Securities	$999M	4.0x	n/a
Ho Chi Minh City Securities	$906M	n/a	n/a
LS Securities	$783M	n/a	n/a
Investec	$767M	n/a	n/a
EFG Holding	$732M	1.5x	n/a
Canaccord Genuity	$641M	0.5x	n/a
Nitratos de Chile	$493M	n/a	n/a
Baader Bank	$467M	1.4x	n/a
Equita Group	$452M	3.8x	n/a
M&A Research Institute	$401M	3.6x	12.0x
Gedik Yatırım	$321M	n/a	n/a
Alantra Partners	$243M	n/a	n/a
AMTD IDEA	$237M	n/a	n/a
Novetum	$206M	n/a	n/a
DAM Capital Advisors	$175M	n/a	n/a
Planner Corretora	$135M	n/a	n/a
Oyak Yatirim	$119M	n/a	n/a
Mangold	$96.4M	n/a	n/a
MMTEC	$81.4M	n/a	n/a
Valartis Group	$80.6M	n/a	n/a
Grande Group	$57.6M	n/a	n/a
Rikhav Securities	$29.6M	n/a	n/a
Reino Capital	$20.4M	n/a	n/a
Letus Capital	$19.0M	n/a	n/a
Novavis Group	$11.5M	36.4x	-11.9x
Skyline Investment	$8.8M	n/a	n/a
Capital Partners	$1.1M	n/a	n/a
New Tech Capital	-$1.9M	n/a	n/a
Igoria Trade	-$2.2M	n/a	n/a
Kuwait Investment Company	-$15.6M	n/a	n/a
NWAI Dom Maklerski	-$46.9M	n/a	n/a
IPOPEMA Securities	-$47.3M	n/a	n/a
Dominari Holdings	-$98.4M	n/a	n/a
Kyobo Securities	-$225M	n/a	n/a
CICC	-$2.8B	-0.7x	-2.0x
SDIC Capital	-$9.0B	n/a	n/a