Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Christophe Hemon was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Live News • May 23
Compagnie Financière Tradition Shareholders Approve Capital Reduction and New Buyback Program Shareholders at the Ordinary General Meeting on 21 May 2026 approved all proposals submitted by the Board of Directors.
The meeting approved a reduction of share capital through the cancellation of 101,066 treasury shares acquired under the August 2023 share buyback program.
The Board renewed the share buyback program for up to 300,000 shares for capital reduction purposes, starting 2 June 2026, with a three-year term.
These decisions indicate continued use of buybacks as a tool to manage the share count and capital structure, with shareholder backing for the Board’s approach.
For investors following CFT, the renewed authorization and explicit focus on cancelling shares are developments that may be worth tracking, as actual buyback activity and execution terms will influence the impact on per-share metrics over time. Upcoming Dividend • May 19
Upcoming dividend of CHF7.50 per share Eligible shareholders must have bought the stock before 26 May 2026. Payment date: 28 May 2026. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Swiss dividend payers (3.7%). Lower than average of industry peers (2.9%). Declared Dividend • May 03
Dividend increased to CHF7.50 Dividend of CHF7.50 is 11% higher than last year. Ex-date: 26th May 2026 Payment date: 28th May 2026 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (43% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 02
Compagnie Financière Tradition SA, Annual General Meeting, May 21, 2026 Compagnie Financière Tradition SA, Annual General Meeting, May 21, 2026, at 15:30 W. Europe Standard Time. Announcement • Apr 07
Compagnie Financière Tradition SA to Report First Half, 2026 Results on Aug 28, 2026 Compagnie Financière Tradition SA announced that they will report first half, 2026 results on Aug 28, 2026 Reported Earnings • Mar 23
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CHF17.55 (up from CHF15.09 in FY 2024). Revenue: CHF1.12b (up 6.9% from FY 2024). Net income: CHF134.2m (up 16% from FY 2024). Profit margin: 12% (in line with FY 2024). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 2.4%. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Capital Markets industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Jan 26
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at CHF298. The fair value is estimated to be CHF377, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 13% in the next 2 years. Announcement • Jan 06
Compagnie Financière Tradition SA to Report Fiscal Year 2025 Results on Mar 20, 2026 Compagnie Financière Tradition SA announced that they will report fiscal year 2025 results on Mar 20, 2026 Buy Or Sell Opportunity • Dec 01
Now 20% undervalued Over the last 90 days, the stock has risen 11% to CHF291. The fair value is estimated to be CHF364, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 12% in the next 2 years. Price Target Changed • Nov 04
Price target increased by 11% to CHF277 Up from CHF249, the current price target is an average from 3 analysts. New target price is 8.2% below last closing price of CHF302. Stock is up 94% over the past year. The company is forecast to post earnings per share of CHF17.13 for next year compared to CHF15.09 last year. Buy Or Sell Opportunity • Sep 17
Now 21% undervalued Over the last 90 days, the stock has risen 25% to CHF268. The fair value is estimated to be CHF339, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 12% in the next 2 years. Reported Earnings • Sep 01
First half 2025 earnings released: EPS: CHF9.14 (vs CHF7.98 in 1H 2024) First half 2025 results: EPS: CHF9.14 (up from CHF7.98 in 1H 2024). Revenue: CHF580.1m (up 8.7% from 1H 2024). Net income: CHF70.2m (up 17% from 1H 2024). Profit margin: 12% (in line with 1H 2024). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Capital Markets industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • May 19
Upcoming dividend of CHF6.75 per share Eligible shareholders must have bought the stock before 26 May 2025. Payment date: 28 May 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Swiss dividend payers (3.9%). In line with average of industry peers (3.0%). Announcement • May 05
Compagnie Financière Tradition SA, Annual General Meeting, May 22, 2025 Compagnie Financière Tradition SA, Annual General Meeting, May 22, 2025, at 15:30 W. Europe Standard Time. Declared Dividend • May 04
Dividend increased to CHF6.75 Dividend of CHF6.75 is 13% higher than last year. Ex-date: 26th May 2025 Payment date: 28th May 2025 Dividend yield will be 3.0%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 9.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Apr 11
Now 20% undervalued Over the last 90 days, the stock has risen 5.6% to CHF199. The fair value is estimated to be CHF250, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 15%. Reported Earnings • Mar 23
Full year 2024 earnings released: EPS: CHF15.09 (vs CHF12.72 in FY 2023) Full year 2024 results: EPS: CHF15.09 (up from CHF12.72 in FY 2023). Revenue: CHF1.05b (up 7.9% from FY 2023). Net income: CHF115.6m (up 22% from FY 2023). Profit margin: 11% (up from 9.7% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Mar 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. Reported Earnings • Sep 02
First half 2024 earnings released: EPS: CHF7.98 (vs CHF6.86 in 1H 2023) First half 2024 results: EPS: CHF7.98 (up from CHF6.86 in 1H 2023). Revenue: CHF533.4m (up 4.7% from 1H 2023). Net income: CHF60.0m (up 18% from 1H 2023). Profit margin: 11% (up from 10.0% in 1H 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. New Risk • Jun 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swiss stocks, typically moving 4.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (4.5% average weekly change). Shareholders have been diluted in the past year (3.4% increase in shares outstanding). Upcoming Dividend • May 16
Upcoming dividend of CHF6.00 per share Eligible shareholders must have bought the stock before 23 May 2024. Payment date: 27 May 2024. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Swiss dividend payers (4.1%). Higher than average of industry peers (2.8%). Declared Dividend • Apr 28
Dividend of CHF6.00 announced Shareholders will receive a dividend of CHF6.00. Ex-date: 23rd May 2024 Payment date: 27th May 2024 Dividend yield will be 4.1%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 8.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 25
Full year 2023 earnings released: EPS: CHF12.71 (vs CHF11.72 in FY 2022) Full year 2023 results: EPS: CHF12.71 (up from CHF11.72 in FY 2022). Revenue: CHF968.4m (up 3.3% from FY 2022). Net income: CHF94.4m (up 6.0% from FY 2022). Profit margin: 9.7% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. New Risk • Mar 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Mar 18
Now 20% undervalued Over the last 90 days, the stock has risen 9.3% to CHF129. The fair value is estimated to be CHF162, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 9.7%. Reported Earnings • Sep 04
First half 2023 earnings released: EPS: CHF6.93 (vs CHF6.71 in 1H 2022) First half 2023 results: EPS: CHF6.93. Revenue: CHF509.3m (up 6.4% from 1H 2022). Net income: CHF51.0m (flat on 1H 2022). Profit margin: 10.0% (in line with 1H 2022). Board Change • Aug 24
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. Independent Director Alain Blanc-Brude was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Jul 28
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 1.5%. The fair value is estimated to be CHF147, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 7.2%. Buying Opportunity • Jul 12
Now 20% undervalued Over the last 90 days, the stock is up 3.6%. The fair value is estimated to be CHF149, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 7.2%. Buying Opportunity • Jun 06
Now 20% undervalued Over the last 90 days, the stock is up 9.1%. The fair value is estimated to be CHF152, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 7.2%. Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. Independent Director Alain Blanc-Brude was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 25
Compagnie Financière Tradition SA Approves Cash Dividend Compagnie Financière Tradition SA at its AGM held on May 25, 2023 approved dividend of CHF 5.5 per bearer share of CFT. Upcoming Dividend • May 23
Upcoming dividend of CHF5.50 per share at 4.6% yield Eligible shareholders must have bought the stock before 30 May 2023. Payment date: 06 June 2023. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 4.6%. Within top quartile of Swiss dividend payers (4.3%). Higher than average of industry peers (3.5%). Reported Earnings • Mar 27
Full year 2022 earnings released: EPS: CHF11.83 (vs CHF8.72 in FY 2021) Full year 2022 results: EPS: CHF11.83 (up from CHF8.72 in FY 2021). Revenue: CHF947.4m (up 9.7% from FY 2021). Net income: CHF89.1m (up 37% from FY 2021). Profit margin: 9.4% (up from 7.6% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year. Buying Opportunity • Jan 06
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 1.9%. The fair value is estimated to be CHF130, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.7%. Announcement • Oct 11
TraditionDATA, Data and Information Services Division of Compagnie Financière Tradition, Releases New Scandinavian Data Package TraditionDATA, the data and information services division of Compagnie Financière Tradition (Tradition), has released a comprehensive Scandinavian data package in response to growing demand for Tradition’s pricing data in the region. The full suite of Scandinavian data, which includes data on foreign exchange (FX), interest rate derivatives (IRD) and inflation, is based on a combination of prices originated from trading by Tradition’s market leading brokerage desks and its expert analytics. The data is available directly from TraditionDATA as well as on Refinitiv under the firm’s regional market data packages. The release of the Scandinavian data package aligns with TraditionDATA’s mission to offer small, granular packages based on currency, region or product which enables clients to only pay for what they actually need. This is in direct contrast to many of its competitors which only offer large European packages which are expensive and take time to unbundle to turn into actionable business insights. The Scandinavian data package enables customers to analyse: FX - spots, crosses, deliverable forwards, IMM and quarterly turns across DKK, NOK and SEK; IRD - basis, cross-currency, IRS, OIS, FRA; and Inflation - inflation CPI data. In addition to providing customers with advanced data and expertise in the Scandinavian region, TraditionDATA also enables real-time streaming, intra-day snaps, access to historical data and full integration with existing workflows. Upcoming Dividend • May 20
Upcoming dividend of CHF5.00 per share Eligible shareholders must have bought the stock before 27 May 2022. Payment date: 03 June 2022. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of Swiss dividend payers (3.9%). Higher than average of industry peers (3.1%). Reported Earnings • Aug 29
First half 2021 earnings released: EPS CHF4.80 (vs CHF6.61 in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: CHF447.1m (down 12% from 1H 2020). Net income: CHF35.5m (down 27% from 1H 2020). Profit margin: 7.9% (down from 9.6% in 1H 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • May 20
Compagnie Financière Tradition SA Announces Cash Dividend The Annual General Meeting of Compagnie Financière Tradition SA held on May 19, 2021 approved the proposal of the Board of Directors published in the Swiss Official Gazette of Commerce on April 28, 2021. The dividend consists of a cash payment of a gross amount of CHF 5.00 («cash dividend») per bearer share of CFT with a nominal value of CHF 2.50 («bearer share(s)») and the distribution of one bearer share for every 75 bearer shares held («stock dividend»). Upcoming Dividend • May 14
Upcoming dividend of CHF5.00 per share Eligible shareholders must have bought the stock before 21 May 2021. Payment date: 31 May 2021. Trailing yield: 4.1%. Within top quartile of Swiss dividend payers (3.6%). Higher than average of industry peers (2.2%). Reported Earnings • May 02
Full year 2020 earnings released: EPS CHF9.83 (vs CHF8.42 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CHF891.6m (down 2.4% from FY 2019). Net income: CHF70.9m (up 17% from FY 2019). Profit margin: 8.0% (up from 6.6% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 15
Full year 2020 earnings released The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CHF903.0m (down 1.1% from FY 2019). Net income: CHF70.9m (up 17% from FY 2019). Profit margin: 7.9% (up from 6.6% in FY 2019). The increase in margin was driven by lower expenses. Is New 90 Day High Low • Mar 12
New 90-day high: CHF117 The company is up 6.0% from its price of CHF110 on 11 December 2020. The Swiss market is also up 6.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Capital Markets industry, which is up 14% over the same period. Announcement • Jan 16
Compagnie Financière Tradition SA, Annual General Meeting, May 19, 2021 Compagnie Financière Tradition SA, Annual General Meeting, May 19, 2021. Location: Hôtel Beau-Rivage, Lausanne Switzerland Announcement • Jan 09
Compagnie Financière Tradition SA to Report Fiscal Year 2020 Final Results on Apr 28, 2021 Compagnie Financière Tradition SA announced that they will report fiscal year 2020 final results on Apr 28, 2021 Is New 90 Day High Low • Nov 05
New 90-day low: CHF105 The company is down 1.0% from its price of CHF106 on 06 August 2020. The Swiss market is also down 1.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Capital Markets industry, which is down 4.0% over the same period. Announcement • Sep 04
Compagnie Financière Tradition SA (SWX:CFT) acquired Om Wholesale Limited. Compagnie Financière Tradition SA (SWX:CFT) acquired Om Wholesale Limited on September 1, 2020. Om Wholesale Limited has been re-named to Tradition Kiwi Brokers Limited.
Compagnie Financière Tradition SA (SWX:CFT) completed the acquisition of Om Wholesale Limited on September 1, 2020. Announcement • Aug 27
Compagnie Financière Tradition SA (SWX:CFT) acquired FX business of Livestar Securities Co. Ltd from IS Holdings Co., Ltd. Compagnie Financière Tradition SA (SWX:CFT) acquired FX business of Livestar Securities Co. Ltd from IS Holdings Co., Ltd. on August 24, 2020.
Compagnie Financière Tradition SA (SWX:CFT) completed the acquisition of FX business of Livestar Securities Co. Ltd from IS Holdings Co., Ltd. on August 24, 2020. 
