View ValuationBanque Cantonale Vaudoise 향후 성장Future 기준 점검 1/6Banque Cantonale Vaudoise (는) 각각 연간 4.1% 및 2.3% 수익과 수익이 증가할 것으로 예상됩니다.핵심 정보4.1%이익 성장률n/aEPS 성장률Banks 이익 성장8.7%매출 성장률2.3%향후 자기자본이익률11.67%애널리스트 커버리지Low마지막 업데이트20 Mar 2026최근 향후 성장 업데이트Price Target Changed • Feb 19Price target raised to CHF74.00Up from CHF66.50, the current price target is an average from 2 analysts. The new target price is 25% below the current share price of CHF99.30. As of last close, the stock is up 19% over the past year.모든 업데이트 보기Recent updatesUpcoming Dividend • Apr 28Upcoming dividend of CHF4.40 per shareEligible shareholders must have bought the stock before 05 May 2026. Payment date: 07 May 2026. Payout ratio is on the higher end at 88% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Swiss dividend payers (3.6%). Higher than average of industry peers (2.9%).Reported Earnings • Apr 02Full year 2025 earnings releasedFull year 2025 results: Revenue: CHF1.15b (flat on FY 2024). Net income: CHF429.7m (down 2.5% from FY 2024). Profit margin: 37% (in line with FY 2024). Net interest margin (NIM): 0.83% (down from 0.91% in FY 2024). Cost-to-income ratio: 55.6% (up from 55.2% in FY 2024). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Banks industry in Switzerland.공고 • Feb 17Banque Cantonale Vaudoise, Annual General Meeting, Apr 30, 2026Banque Cantonale Vaudoise, Annual General Meeting, Apr 30, 2026, at 16:00 W. Europe Standard Time.Declared Dividend • Feb 15Dividend of CHF4.40 announcedDividend of CHF4.40 is the same as last year. Ex-date: 5th May 2026 Payment date: 7th May 2026 Dividend yield will be 4.0%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (86% earnings payout ratio) but is not expected to be adequately covered in 3 years' time (91% forecast payout ratio). The dividend has increased by an average of 3.2% 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 5.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공고 • Feb 13Banque Cantonale Vaudoise announces Annual dividend, payable on May 07, 2026Banque Cantonale Vaudoise announced Annual dividend of CHF 4.4000 per share payable on May 07, 2026, ex-date on May 05, 2026 and record date on May 06, 2026.Reported Earnings • Aug 22First half 2025 earnings releasedFirst half 2025 results: Revenue: CHF579.3m (flat on 1H 2024). Net income: CHF214.5m (down 3.0% from 1H 2024). Profit margin: 37% (down from 38% in 1H 2024). Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Banks industry in Switzerland.공고 • Aug 21+ 2 more updatesBanque Cantonale Vaudoise to Report Fiscal Year 2025 Final Results on Mar 31, 2026Banque Cantonale Vaudoise announced that they will report fiscal year 2025 final results on Mar 31, 2026New Risk • Aug 08New minor risk - Dividend sustainabilityThe dividend is not forecast to be well covered by earnings in 3 years. Payout ratio in 3 years: 91% Current dividend yield: 4.7% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Upcoming Dividend • May 05Upcoming dividend of CHF4.40 per shareEligible shareholders must have bought the stock before 12 May 2025. Payment date: 14 May 2025. Payout ratio is on the higher end at 86% but the company is not cash flow positive. Trailing yield: 4.4%. Within top quartile of Swiss dividend payers (4.0%). Higher than average of industry peers (3.7%).Reported Earnings • Apr 09Full year 2024 earnings released: EPS: CHF5.13 (vs CHF5.47 in FY 2023)Full year 2024 results: EPS: CHF5.13 (down from CHF5.47 in FY 2023). Revenue: CHF1.16b (flat on FY 2023). Net income: CHF440.6m (down 6.1% from FY 2023). Profit margin: 38% (down from 40% in FY 2023). Net interest margin (NIM): 0.91% (down from 1.01% in FY 2023). Cost-to-income ratio: 55.2% (up from 53.2% in FY 2023). Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Banks industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 4% per year.Buy Or Sell Opportunity • Mar 26Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to CHF97.40. The fair value is estimated to be CHF80.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 1.1% per annum. Earnings are also forecast to grow by 0.9% per annum over the same time period.Buy Or Sell Opportunity • Mar 05Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 10% to CHF97.65. The fair value is estimated to be CHF80.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 1.1% per annum. Earnings are also forecast to grow by 0.9% per annum over the same time period.New Risk • Feb 21New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. Minor Risk Dividend not forecast to be well covered by earnings in 3 years (92% payout ratio in 3 years).Reported Earnings • Feb 15Full year 2024 earnings releasedFull year 2024 results: Revenue: CHF1.16b (flat on FY 2023). Net income: CHF440.6m (down 6.1% from FY 2023). Profit margin: 38% (down from 40% in FY 2023). Net interest margin (NIM): 0.91% (down from 1.01% in FY 2023). Cost-to-income ratio: 55.2% (up from 53.2% in FY 2023). Revenue is forecast to stay flat during the next 2 years compared to a 2.2% growth forecast for the Banks industry in Switzerland.New Risk • Feb 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.6% per year for the foreseeable future. Minor Risk Dividend not forecast to be well covered by earnings in 3 years (93% payout ratio in 3 years).공고 • Feb 13+ 1 more updateBanque Cantonale Vaudoise to Report Fiscal Year 2024 Results on Apr 08, 2025Banque Cantonale Vaudoise announced that they will report fiscal year 2024 results at 9:00 AM, Central European Standard Time on Apr 08, 2025Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Director Stefan Fuchs was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Jan 17New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.3% per year for the foreseeable future. Minor Risk Dividend not forecast to be well covered by earnings in 3 years (91% payout ratio in 3 years).Buy Or Sell Opportunity • Jan 16Now 21% overvaluedOver the last 90 days, the stock has fallen 2.1% to CHF88.90. The fair value is estimated to be CHF73.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only.Buy Or Sell Opportunity • Nov 25Now 21% overvaluedOver the last 90 days, the stock has fallen 1.0% to CHF90.10. The fair value is estimated to be CHF74.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 3.0% in 2 years. Earnings are forecast to grow by 1.5% in the next 2 years.Reported Earnings • Aug 25First half 2024 earnings releasedFirst half 2024 results: Revenue: CHF580.9m (flat on 1H 2023). Net income: CHF221.1m (down 7.9% from 1H 2023). Profit margin: 38% (down from 41% in 1H 2023). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Banks industry in Switzerland.공고 • Jul 04Banque Cantonale Vaudoise to Report First Half, 2024 Results on Aug 22, 2024Banque Cantonale Vaudoise announced that they will report first half, 2024 results on Aug 22, 2024공고 • Apr 29+ 1 more updateBanque Cantonale Vaudoise to Report Fiscal Year 2024 Results on Apr 08, 2025Banque Cantonale Vaudoise announced that they will report fiscal year 2024 results at 10:30 AM, Central European Standard Time on Apr 08, 2025Upcoming Dividend • Apr 22Upcoming dividend of CHF4.30 per shareEligible shareholders must have bought the stock before 29 April 2024. Payment date: 02 May 2024. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 4.3%. Within top quartile of Swiss dividend payers (4.0%). Higher than average of industry peers (3.7%).Reported Earnings • Mar 27Full year 2023 earnings releasedFull year 2023 results: Revenue: CHF1.16b (up 12% from FY 2022). Net income: CHF469.2m (up 21% from FY 2022). Profit margin: 40% (up from 37% in FY 2022). The increase in margin was driven by higher revenue. Net interest margin (NIM): 1.01% (up from 0.79% in FY 2022). Cost-to-income ratio: 53.2% (down from 56.6% in FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 1.9% growth forecast for the Banks industry in Switzerland.Reported Earnings • Feb 11Full year 2023 earnings releasedFull year 2023 results: Revenue: CHF1.16b (up 12% from FY 2022). Net income: CHF469.2m (up 21% from FY 2022). Profit margin: 40% (up from 37% in FY 2022). The increase in margin was driven by higher revenue. Net interest margin (NIM): 1.01% (up from 0.79% in FY 2022). Cost-to-income ratio: 53.2% (down from 56.6% in FY 2022). Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Banks industry in Switzerland.New Risk • Aug 21New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 21First half 2023 earnings releasedFirst half 2023 results: Revenue: CHF581.8m (up 11% from 1H 2022). Net income: CHF240.0m (up 22% from 1H 2022). Profit margin: 41% (up from 38% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Banks industry in Switzerland.공고 • Aug 18+ 3 more updatesBanque Cantonale Vaudoise to Report First Half, 2024 Results on Aug 22, 2024Banque Cantonale Vaudoise announced that they will report first half, 2024 results on Aug 22, 2024Upcoming Dividend • May 01Upcoming dividend of CHF3.80 per share at 4.0% yieldEligible shareholders must have bought the stock before 08 May 2023. Payment date: 10 May 2023. Payout ratio and cash payout ratio are on the higher end at 84% and 75% respectively. Trailing yield: 4.0%. Lower than top quartile of Swiss dividend payers (4.2%). Higher than average of industry peers (3.5%).Board Change • May 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Pierre-Alain Urech was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 06Full year 2022 earnings releasedFull year 2022 results: Revenue: CHF1.04b (up 3.4% from FY 2021). Net income: CHF388.3m (up 2.5% from FY 2021). Profit margin: 37% (in line with FY 2021). Net interest margin (NIM): 0.79% (down from 0.86% in FY 2021). Cost-to-income ratio: 56.6% (down from 56.7% in FY 2021). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Banks industry in Switzerland.Reported Earnings • Aug 20First half 2022 earnings released: EPS: CHF0 (vs CHF0 in 1H 2021)First half 2022 results: EPS: CHF0 (vs CHF0 in 1H 2021). Revenue: CHF524.4m (up 6.3% from 1H 2021). Net income: CHF196.8m (up 14% from 1H 2021). Profit margin: 38% (up from 35% in 1H 2021). The increase in margin was driven by higher revenue.공고 • Aug 18+ 2 more updatesBanque Cantonale Vaudoise to Report First Half, 2023 Results on Aug 17, 2023Banque Cantonale Vaudoise announced that they will report first half, 2023 results on Aug 17, 2023공고 • Jul 23BCV Appoints Christian Steinmann as Head of Private Banking, Effective November 1BCV has announced that it has appointed a head of private banking. Christian Steinmann has been appointed by the bank to its board. Steinmann is currently regional head of French-speaking Switzerland and regional head of wealth management at Credit Suisse. He is to assume the new role from November 1.공고 • May 10Banque Cantonale Vaudoise, Annual General Meeting, May 04, 2023Banque Cantonale Vaudoise, Annual General Meeting, May 04, 2023, at 16:00 Central European Standard Time.Upcoming Dividend • May 02Upcoming dividend of CHF3.70 per shareEligible shareholders must have bought the stock before 09 May 2022. Payment date: 11 May 2022. Payout ratio is on the higher end at 84% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Swiss dividend payers (3.8%). Higher than average of industry peers (3.7%).Reported Earnings • Apr 07Full year 2021 earnings released: EPS: CHF4.41 (vs CHF3.85 in FY 2020)Full year 2021 results: EPS: CHF4.41 (up from CHF3.85 in FY 2020). Revenue: CHF1.01b (up 6.4% from FY 2020). Net income: CHF378.7m (up 14% from FY 2020). Profit margin: 38% (up from 35% in FY 2020). The increase in margin was driven by higher revenue. Net interest margin (NIM): 0.86% (down from 0.94% in FY 2020). Cost-to-income ratio: 56.7% (down from 58.7% in FY 2020). Over the next year, revenue is forecast to stay flat compared to a 2.6% growth forecast for the banks industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has remained flat.Reported Earnings • Feb 18Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: CHF1.01b (up 6.4% from FY 2020). Net income: CHF352.7m (up 6.6% from FY 2020). Profit margin: 35% (in line with FY 2020). Revenue exceeded analyst estimates by 2.3%. Over the next year, revenue is forecast to stay flat compared to a 3.3% growth forecast for the banks industry in Switzerland.Reported Earnings • Aug 23First half 2021 earnings releasedThe company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: CHF493.2m (up 3.4% from 1H 2020). Net income: CHF173.3m (up 9.8% from 1H 2020). Profit margin: 35% (up from 33% in 1H 2020).Upcoming Dividend • Apr 26Upcoming dividend of CHF3.60 per shareEligible shareholders must have bought the stock before 03 May 2021. Payment date: 05 May 2021. Trailing yield: 3.8%. Within top quartile of Swiss dividend payers (3.5%). In line with average of industry peers (3.5%).Reported Earnings • Feb 20Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CHF945.2m (down 5.7% from FY 2019). Net income: CHF330.8m (down 8.8% from FY 2019). Profit margin: 35% (down from 36% in FY 2019). The decrease in margin was driven by lower revenue. Cost-to-income ratio: 58.7% (up from 57.7% in FY 2019).Analyst Estimate Surprise Post Earnings • Feb 20Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.5%. Earnings per share (EPS) exceeded analyst estimates by 4.5%. Over the next year, revenue is forecast to grow 3.1%, compared to a 3.8% growth forecast for the Banks industry in Switzerland.Price Target Changed • Feb 19Price target raised to CHF74.00Up from CHF66.50, the current price target is an average from 2 analysts. The new target price is 25% below the current share price of CHF99.30. As of last close, the stock is up 19% over the past year.공고 • Feb 16Banque Cantonale Vaudoise to Report Fiscal Year 2020 Results on Feb 18, 2021Banque Cantonale Vaudoise announced that they will report fiscal year 2020 results at 6:00 AM, Central European Standard Time on Feb 18, 2021Is New 90 Day High Low • Feb 04New 90-day high: CHF98.60The company is up 5.0% from its price of CHF93.50 on 06 November 2020. The Swiss market is also up 5.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Banks industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF62.37 per share.이익 및 매출 성장 예측SWX:BCVN - 애널리스트 향후 추정치 및 과거 재무 데이터 (CHF Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20281,231485N/AN/A112/31/20271,190459N/AN/A112/31/20261,159439N/AN/A112/31/20251,150430-2,002-1,937N/A9/30/20251,152432N/AN/AN/A6/30/20251,154434N/AN/AN/A3/31/20251,155437N/AN/AN/A12/31/20241,156441-2,600-2,527N/A9/30/20241,157445N/AN/AN/A6/30/20241,159450N/AN/AN/A3/31/20241,160460N/AN/AN/A12/31/20231,1604691,2321,309N/A9/30/20231,128450N/AN/AN/A6/30/20231,097432N/AN/AN/A3/31/20231,068410N/AN/AN/A12/31/20221,039388415466N/A9/30/20221,038395N/AN/AN/A6/30/20221,037402N/AN/AN/A3/31/20221,021390N/AN/AN/A12/31/20211,005379-1,357-1,306N/A9/30/2021983363N/AN/AN/A6/30/2021962346N/AN/AN/A3/31/2021953339N/AN/AN/A12/31/20209453311,5461,599N/A9/30/2020961335N/AN/AN/A6/30/2020977338N/AN/AN/A3/31/2020990351N/AN/AN/A12/31/20191,002363-1,060-1,006N/A9/30/2019994354N/AN/AN/A6/30/2019985345N/AN/AN/A3/31/2019981347N/AN/AN/A12/31/2018977350N/A-175N/A9/30/2018970347N/AN/AN/A6/30/2018963344N/AN/AN/A3/31/2018965332N/AN/AN/A12/31/2017967320N/A-9N/A9/30/2017968318N/AN/AN/A6/30/2017970317N/AN/AN/A3/31/2017969313N/AN/AN/A12/31/2016967310N/A294N/A9/30/2016980312N/AN/AN/A6/30/2016993314N/AN/AN/A3/31/20161,010325N/AN/AN/A12/31/20151,026336N/A1,029N/A9/30/20151,033329N/AN/AN/A더 보기애널리스트 향후 성장 전망수입 대 저축률: BCVN 의 연간 예상 수익 증가율(4.1%)이 saving rate(0.6%)보다 높습니다.수익 vs 시장: BCVN 의 연간 수익(4.1%)이 Swiss 시장(11.3%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: BCVN 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: BCVN 의 수익(연간 2.3%)이 Swiss 시장(연간 5.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: BCVN 의 수익(연간 2.3%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: BCVN의 자본 수익률은 3년 후 11.7%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YBanks 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/23 18:36종가2026/07/23 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Banque Cantonale Vaudoise는 4명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Reto AmstaldenBaader Helvea Equity ResearchMichael HeiderBerenbergDaniele BrupbacherUBS Investment Bank1명의 분석가 더 보기
Price Target Changed • Feb 19Price target raised to CHF74.00Up from CHF66.50, the current price target is an average from 2 analysts. The new target price is 25% below the current share price of CHF99.30. As of last close, the stock is up 19% over the past year.
Upcoming Dividend • Apr 28Upcoming dividend of CHF4.40 per shareEligible shareholders must have bought the stock before 05 May 2026. Payment date: 07 May 2026. Payout ratio is on the higher end at 88% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Swiss dividend payers (3.6%). Higher than average of industry peers (2.9%).
Reported Earnings • Apr 02Full year 2025 earnings releasedFull year 2025 results: Revenue: CHF1.15b (flat on FY 2024). Net income: CHF429.7m (down 2.5% from FY 2024). Profit margin: 37% (in line with FY 2024). Net interest margin (NIM): 0.83% (down from 0.91% in FY 2024). Cost-to-income ratio: 55.6% (up from 55.2% in FY 2024). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Banks industry in Switzerland.
공고 • Feb 17Banque Cantonale Vaudoise, Annual General Meeting, Apr 30, 2026Banque Cantonale Vaudoise, Annual General Meeting, Apr 30, 2026, at 16:00 W. Europe Standard Time.
Declared Dividend • Feb 15Dividend of CHF4.40 announcedDividend of CHF4.40 is the same as last year. Ex-date: 5th May 2026 Payment date: 7th May 2026 Dividend yield will be 4.0%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (86% earnings payout ratio) but is not expected to be adequately covered in 3 years' time (91% forecast payout ratio). The dividend has increased by an average of 3.2% 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 5.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공고 • Feb 13Banque Cantonale Vaudoise announces Annual dividend, payable on May 07, 2026Banque Cantonale Vaudoise announced Annual dividend of CHF 4.4000 per share payable on May 07, 2026, ex-date on May 05, 2026 and record date on May 06, 2026.
Reported Earnings • Aug 22First half 2025 earnings releasedFirst half 2025 results: Revenue: CHF579.3m (flat on 1H 2024). Net income: CHF214.5m (down 3.0% from 1H 2024). Profit margin: 37% (down from 38% in 1H 2024). Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Banks industry in Switzerland.
공고 • Aug 21+ 2 more updatesBanque Cantonale Vaudoise to Report Fiscal Year 2025 Final Results on Mar 31, 2026Banque Cantonale Vaudoise announced that they will report fiscal year 2025 final results on Mar 31, 2026
New Risk • Aug 08New minor risk - Dividend sustainabilityThe dividend is not forecast to be well covered by earnings in 3 years. Payout ratio in 3 years: 91% Current dividend yield: 4.7% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Upcoming Dividend • May 05Upcoming dividend of CHF4.40 per shareEligible shareholders must have bought the stock before 12 May 2025. Payment date: 14 May 2025. Payout ratio is on the higher end at 86% but the company is not cash flow positive. Trailing yield: 4.4%. Within top quartile of Swiss dividend payers (4.0%). Higher than average of industry peers (3.7%).
Reported Earnings • Apr 09Full year 2024 earnings released: EPS: CHF5.13 (vs CHF5.47 in FY 2023)Full year 2024 results: EPS: CHF5.13 (down from CHF5.47 in FY 2023). Revenue: CHF1.16b (flat on FY 2023). Net income: CHF440.6m (down 6.1% from FY 2023). Profit margin: 38% (down from 40% in FY 2023). Net interest margin (NIM): 0.91% (down from 1.01% in FY 2023). Cost-to-income ratio: 55.2% (up from 53.2% in FY 2023). Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Banks industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 4% per year.
Buy Or Sell Opportunity • Mar 26Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to CHF97.40. The fair value is estimated to be CHF80.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 1.1% per annum. Earnings are also forecast to grow by 0.9% per annum over the same time period.
Buy Or Sell Opportunity • Mar 05Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 10% to CHF97.65. The fair value is estimated to be CHF80.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 1.1% per annum. Earnings are also forecast to grow by 0.9% per annum over the same time period.
New Risk • Feb 21New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. Minor Risk Dividend not forecast to be well covered by earnings in 3 years (92% payout ratio in 3 years).
Reported Earnings • Feb 15Full year 2024 earnings releasedFull year 2024 results: Revenue: CHF1.16b (flat on FY 2023). Net income: CHF440.6m (down 6.1% from FY 2023). Profit margin: 38% (down from 40% in FY 2023). Net interest margin (NIM): 0.91% (down from 1.01% in FY 2023). Cost-to-income ratio: 55.2% (up from 53.2% in FY 2023). Revenue is forecast to stay flat during the next 2 years compared to a 2.2% growth forecast for the Banks industry in Switzerland.
New Risk • Feb 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.6% per year for the foreseeable future. Minor Risk Dividend not forecast to be well covered by earnings in 3 years (93% payout ratio in 3 years).
공고 • Feb 13+ 1 more updateBanque Cantonale Vaudoise to Report Fiscal Year 2024 Results on Apr 08, 2025Banque Cantonale Vaudoise announced that they will report fiscal year 2024 results at 9:00 AM, Central European Standard Time on Apr 08, 2025
Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Director Stefan Fuchs was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Jan 17New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.3% per year for the foreseeable future. Minor Risk Dividend not forecast to be well covered by earnings in 3 years (91% payout ratio in 3 years).
Buy Or Sell Opportunity • Jan 16Now 21% overvaluedOver the last 90 days, the stock has fallen 2.1% to CHF88.90. The fair value is estimated to be CHF73.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only.
Buy Or Sell Opportunity • Nov 25Now 21% overvaluedOver the last 90 days, the stock has fallen 1.0% to CHF90.10. The fair value is estimated to be CHF74.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 3.0% in 2 years. Earnings are forecast to grow by 1.5% in the next 2 years.
Reported Earnings • Aug 25First half 2024 earnings releasedFirst half 2024 results: Revenue: CHF580.9m (flat on 1H 2023). Net income: CHF221.1m (down 7.9% from 1H 2023). Profit margin: 38% (down from 41% in 1H 2023). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Banks industry in Switzerland.
공고 • Jul 04Banque Cantonale Vaudoise to Report First Half, 2024 Results on Aug 22, 2024Banque Cantonale Vaudoise announced that they will report first half, 2024 results on Aug 22, 2024
공고 • Apr 29+ 1 more updateBanque Cantonale Vaudoise to Report Fiscal Year 2024 Results on Apr 08, 2025Banque Cantonale Vaudoise announced that they will report fiscal year 2024 results at 10:30 AM, Central European Standard Time on Apr 08, 2025
Upcoming Dividend • Apr 22Upcoming dividend of CHF4.30 per shareEligible shareholders must have bought the stock before 29 April 2024. Payment date: 02 May 2024. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 4.3%. Within top quartile of Swiss dividend payers (4.0%). Higher than average of industry peers (3.7%).
Reported Earnings • Mar 27Full year 2023 earnings releasedFull year 2023 results: Revenue: CHF1.16b (up 12% from FY 2022). Net income: CHF469.2m (up 21% from FY 2022). Profit margin: 40% (up from 37% in FY 2022). The increase in margin was driven by higher revenue. Net interest margin (NIM): 1.01% (up from 0.79% in FY 2022). Cost-to-income ratio: 53.2% (down from 56.6% in FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 1.9% growth forecast for the Banks industry in Switzerland.
Reported Earnings • Feb 11Full year 2023 earnings releasedFull year 2023 results: Revenue: CHF1.16b (up 12% from FY 2022). Net income: CHF469.2m (up 21% from FY 2022). Profit margin: 40% (up from 37% in FY 2022). The increase in margin was driven by higher revenue. Net interest margin (NIM): 1.01% (up from 0.79% in FY 2022). Cost-to-income ratio: 53.2% (down from 56.6% in FY 2022). Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Banks industry in Switzerland.
New Risk • Aug 21New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 21First half 2023 earnings releasedFirst half 2023 results: Revenue: CHF581.8m (up 11% from 1H 2022). Net income: CHF240.0m (up 22% from 1H 2022). Profit margin: 41% (up from 38% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Banks industry in Switzerland.
공고 • Aug 18+ 3 more updatesBanque Cantonale Vaudoise to Report First Half, 2024 Results on Aug 22, 2024Banque Cantonale Vaudoise announced that they will report first half, 2024 results on Aug 22, 2024
Upcoming Dividend • May 01Upcoming dividend of CHF3.80 per share at 4.0% yieldEligible shareholders must have bought the stock before 08 May 2023. Payment date: 10 May 2023. Payout ratio and cash payout ratio are on the higher end at 84% and 75% respectively. Trailing yield: 4.0%. Lower than top quartile of Swiss dividend payers (4.2%). Higher than average of industry peers (3.5%).
Board Change • May 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Pierre-Alain Urech was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 06Full year 2022 earnings releasedFull year 2022 results: Revenue: CHF1.04b (up 3.4% from FY 2021). Net income: CHF388.3m (up 2.5% from FY 2021). Profit margin: 37% (in line with FY 2021). Net interest margin (NIM): 0.79% (down from 0.86% in FY 2021). Cost-to-income ratio: 56.6% (down from 56.7% in FY 2021). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Banks industry in Switzerland.
Reported Earnings • Aug 20First half 2022 earnings released: EPS: CHF0 (vs CHF0 in 1H 2021)First half 2022 results: EPS: CHF0 (vs CHF0 in 1H 2021). Revenue: CHF524.4m (up 6.3% from 1H 2021). Net income: CHF196.8m (up 14% from 1H 2021). Profit margin: 38% (up from 35% in 1H 2021). The increase in margin was driven by higher revenue.
공고 • Aug 18+ 2 more updatesBanque Cantonale Vaudoise to Report First Half, 2023 Results on Aug 17, 2023Banque Cantonale Vaudoise announced that they will report first half, 2023 results on Aug 17, 2023
공고 • Jul 23BCV Appoints Christian Steinmann as Head of Private Banking, Effective November 1BCV has announced that it has appointed a head of private banking. Christian Steinmann has been appointed by the bank to its board. Steinmann is currently regional head of French-speaking Switzerland and regional head of wealth management at Credit Suisse. He is to assume the new role from November 1.
공고 • May 10Banque Cantonale Vaudoise, Annual General Meeting, May 04, 2023Banque Cantonale Vaudoise, Annual General Meeting, May 04, 2023, at 16:00 Central European Standard Time.
Upcoming Dividend • May 02Upcoming dividend of CHF3.70 per shareEligible shareholders must have bought the stock before 09 May 2022. Payment date: 11 May 2022. Payout ratio is on the higher end at 84% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Swiss dividend payers (3.8%). Higher than average of industry peers (3.7%).
Reported Earnings • Apr 07Full year 2021 earnings released: EPS: CHF4.41 (vs CHF3.85 in FY 2020)Full year 2021 results: EPS: CHF4.41 (up from CHF3.85 in FY 2020). Revenue: CHF1.01b (up 6.4% from FY 2020). Net income: CHF378.7m (up 14% from FY 2020). Profit margin: 38% (up from 35% in FY 2020). The increase in margin was driven by higher revenue. Net interest margin (NIM): 0.86% (down from 0.94% in FY 2020). Cost-to-income ratio: 56.7% (down from 58.7% in FY 2020). Over the next year, revenue is forecast to stay flat compared to a 2.6% growth forecast for the banks industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has remained flat.
Reported Earnings • Feb 18Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: CHF1.01b (up 6.4% from FY 2020). Net income: CHF352.7m (up 6.6% from FY 2020). Profit margin: 35% (in line with FY 2020). Revenue exceeded analyst estimates by 2.3%. Over the next year, revenue is forecast to stay flat compared to a 3.3% growth forecast for the banks industry in Switzerland.
Reported Earnings • Aug 23First half 2021 earnings releasedThe company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: CHF493.2m (up 3.4% from 1H 2020). Net income: CHF173.3m (up 9.8% from 1H 2020). Profit margin: 35% (up from 33% in 1H 2020).
Upcoming Dividend • Apr 26Upcoming dividend of CHF3.60 per shareEligible shareholders must have bought the stock before 03 May 2021. Payment date: 05 May 2021. Trailing yield: 3.8%. Within top quartile of Swiss dividend payers (3.5%). In line with average of industry peers (3.5%).
Reported Earnings • Feb 20Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CHF945.2m (down 5.7% from FY 2019). Net income: CHF330.8m (down 8.8% from FY 2019). Profit margin: 35% (down from 36% in FY 2019). The decrease in margin was driven by lower revenue. Cost-to-income ratio: 58.7% (up from 57.7% in FY 2019).
Analyst Estimate Surprise Post Earnings • Feb 20Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.5%. Earnings per share (EPS) exceeded analyst estimates by 4.5%. Over the next year, revenue is forecast to grow 3.1%, compared to a 3.8% growth forecast for the Banks industry in Switzerland.
Price Target Changed • Feb 19Price target raised to CHF74.00Up from CHF66.50, the current price target is an average from 2 analysts. The new target price is 25% below the current share price of CHF99.30. As of last close, the stock is up 19% over the past year.
공고 • Feb 16Banque Cantonale Vaudoise to Report Fiscal Year 2020 Results on Feb 18, 2021Banque Cantonale Vaudoise announced that they will report fiscal year 2020 results at 6:00 AM, Central European Standard Time on Feb 18, 2021
Is New 90 Day High Low • Feb 04New 90-day high: CHF98.60The company is up 5.0% from its price of CHF93.50 on 06 November 2020. The Swiss market is also up 5.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Banks industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF62.37 per share.