Swiss (SMI) Banks Industry Analysis
UpdatedMay 16, 2024
DataAggregated Company Financials
Companies16
- 7D-0.3%
- 3M-1.5%
- 1Y5.9%
- YTD1.2%
In the last week, Banks has been flat. The past year has been better, since the industry has gained 5.9% in that time. Earnings are forecast to be flat in the coming years.
Industry Valuation and Performance
Has the Swiss Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 May 2024 | CHF39.2b | CHF7.5b | CHF2.7b | 13.2x | 14.5x | 5.2x |
| Sat, 13 Apr 2024 | CHF39.8b | CHF7.5b | CHF2.7b | 13.7x | 14.8x | 5.3x |
| Mon, 11 Mar 2024 | CHF39.8b | CHF7.3b | CHF2.6b | 14.5x | 15.2x | 5.4x |
| Wed, 07 Feb 2024 | CHF39.7b | CHF7.1b | CHF2.5b | 14x | 15.7x | 5.6x |
| Fri, 05 Jan 2024 | CHF39.6b | CHF7.2b | CHF2.5b | 14.1x | 15.6x | 5.5x |
| Sun, 03 Dec 2023 | CHF38.6b | CHF7.2b | CHF2.5b | 14.3x | 15.2x | 5.4x |
| Tue, 31 Oct 2023 | CHF38.7b | CHF7.1b | CHF2.5b | 14.6x | 15.3x | 5.4x |
| Thu, 28 Sep 2023 | CHF38.3b | CHF7.1b | CHF2.5b | 15.2x | 15.3x | 5.4x |
| Sat, 26 Aug 2023 | CHF38.4b | CHF7.0b | CHF2.4b | 15.4x | 15.7x | 5.5x |
| Mon, 24 Jul 2023 | CHF38.4b | CHF6.7b | CHF2.4b | 15.4x | 16.4x | 5.7x |
| Wed, 21 Jun 2023 | CHF37.7b | CHF6.7b | CHF2.3b | 15.7x | 16.1x | 5.6x |
| Fri, 19 May 2023 | CHF37.3b | CHF6.7b | CHF2.3b | 15.8x | 16x | 5.6x |
| Sun, 16 Apr 2023 | CHF37.8b | CHF6.7b | CHF2.3b | 16.1x | 16.2x | 5.7x |
| Tue, 14 Mar 2023 | CHF36.6b | CHF6.5b | CHF2.3b | 15.9x | 16.2x | 5.7x |
| Thu, 09 Feb 2023 | CHF37.5b | CHF6.5b | CHF2.2b | 16.2x | 16.9x | 5.7x |
| Sat, 07 Jan 2023 | CHF36.5b | CHF6.5b | CHF2.2b | 15.9x | 16.4x | 5.6x |
| Mon, 05 Dec 2022 | CHF36.3b | CHF6.5b | CHF2.2b | 16x | 16.4x | 5.6x |
| Wed, 02 Nov 2022 | CHF36.0b | CHF6.5b | CHF2.2b | 15.7x | 16.3x | 5.5x |
| Fri, 30 Sep 2022 | CHF36.3b | CHF6.5b | CHF2.2b | 15.6x | 16.4x | 5.5x |
| Sun, 28 Aug 2022 | CHF36.1b | CHF6.5b | CHF2.2b | 16.1x | 16.3x | 5.5x |
| Tue, 26 Jul 2022 | CHF35.2b | CHF6.5b | CHF2.2b | 16x | 16.3x | 5.5x |
| Thu, 23 Jun 2022 | CHF34.4b | CHF6.4b | CHF2.1b | 15.7x | 16x | 5.3x |
| Sat, 21 May 2022 | CHF34.5b | CHF6.4b | CHF2.1b | 15.5x | 16.1x | 5.4x |
| Mon, 18 Apr 2022 | CHF36.0b | CHF6.4b | CHF2.1b | 16.1x | 16.8x | 5.6x |
| Wed, 16 Mar 2022 | CHF34.4b | CHF6.1b | CHF2.1b | 15.7x | 16.4x | 5.6x |
| Fri, 11 Feb 2022 | CHF34.8b | CHF6.1b | CHF2.0b | 15.9x | 17x | 5.7x |
| Sun, 09 Jan 2022 | CHF33.7b | CHF6.1b | CHF2.0b | 15.1x | 16.5x | 5.5x |
| Tue, 07 Dec 2021 | CHF33.3b | CHF6.1b | CHF2.0b | 14.9x | 16.3x | 5.4x |
| Thu, 04 Nov 2021 | CHF33.6b | CHF6.1b | CHF2.0b | 15x | 16.5x | 5.5x |
| Sat, 02 Oct 2021 | CHF33.2b | CHF6.1b | CHF2.0b | 15.1x | 16.3x | 5.4x |
| Mon, 30 Aug 2021 | CHF34.0b | CHF6.1b | CHF2.0b | 14.8x | 16.7x | 5.6x |
| Tue, 06 Jul 2021 | CHF34.5b | CHF6.1b | CHF2.0b | 15.4x | 16.9x | 5.7x |
Price to Earnings Ratio
17.1x
Current Industry PE
- Investors are relatively neutral on the Swiss Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 16.2x.
- The industry is trading close to its 3-year average PS ratio of 5.5x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 10% per year over the last three years.
- Revenues for these companies have grown 7.6% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Swiss Financials industry?
| CH Market | 2.37% | |
| Financials | 1.99% | |
| Banks | -0.29% | |
| Diversified Banks | -0.14% | |
| Regional Banks | -0.30% | |
Industry PE
- Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 16.3x.
- Analysts are expecting annual earnings growth of 0.7%, which is lower than the prior year's growth of 18.0% per year.
- Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 14.0x.
Forecasted Growth
- Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 0.7% over the next 5 years.
- In contrast, the Regional Banks industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TKBP Thurgauer Kantonalbank | CHF127.50 | 0.8% +CHF20.0m | 5.8% | PB0.9x | |
| ZUGER Zuger Kantonalbank | CHF8.52k | 0.7% +CHF17.3m | 9.8% | PB1.6x | |
| GRKP Graubündner Kantonalbank | CHF1.79k | 0.3% +CHF12.5m | 5.3% | PB1.5x | |
| LUKN Luzerner Kantonalbank | CHF69.00 | 0.1% +CHF4.9m | -3.5% | PB0.9x |