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Swiss (SMI) Banks Industry Analysis

UpdatedJan 14, 2026
DataAggregated Company Financials
Companies16
  • 7D-0.08%
  • 3M10.1%
  • 1Y18.9%
  • YTD-1.0%

In the last week, Banks has been flat. The past year has been better, since the industry has gained 19% in that time. As for the next few years, earnings are expected to grow by 2.5% per annum.

Industry Valuation and Performance

Has the Swiss Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 14 Jan 2026CHF 45.9bCHF 7.7bCHF 2.7b15.8x16.8x6x
Fri, 12 Dec 2025CHF 43.9bCHF 7.7bCHF 2.7b15.1x16.1x5.7x
Sun, 09 Nov 2025CHF 42.5bCHF 7.7bCHF 2.7b14.7x15.6x5.5x
Tue, 07 Oct 2025CHF 41.9bCHF 7.6bCHF 2.7b14.7x15.4x5.5x
Thu, 04 Sep 2025CHF 41.7bCHF 7.6bCHF 2.7b14.9x15.3x5.4x
Sat, 02 Aug 2025CHF 41.2bCHF 7.6bCHF 2.7b14.7x15.1x5.4x
Mon, 30 Jun 2025CHF 40.3bCHF 7.6bCHF 2.7b13.9x14.9x5.3x
Wed, 28 May 2025CHF 41.1bCHF 7.6bCHF 2.7b13.8x15.2x5.4x
Fri, 25 Apr 2025CHF 40.3bCHF 7.6bCHF 2.7b13.6x14.9x5.3x
Sun, 23 Mar 2025CHF 40.6bCHF 7.5bCHF 2.7b13.7x15.3x5.4x
Tue, 18 Feb 2025CHF 39.8bCHF 7.5bCHF 2.7b13.4x14.8x5.3x
Thu, 16 Jan 2025CHF 38.7bCHF 7.5bCHF 2.7b13.1x14.3x5.1x
Sat, 14 Dec 2024CHF 36.9bCHF 7.5bCHF 2.7b12.7x13.7x4.9x
Mon, 11 Nov 2024CHF 37.0bCHF 7.5bCHF 2.7b12.7x13.7x4.9x
Wed, 09 Oct 2024CHF 37.3bCHF 7.5bCHF 2.7b12.7x13.8x5x
Fri, 06 Sep 2024CHF 37.4bCHF 7.5bCHF 2.7b12.7x13.9x5x
Sun, 04 Aug 2024CHF 38.1bCHF 7.5bCHF 2.7b12.7x14.1x5.1x
Tue, 02 Jul 2024CHF 38.4bCHF 7.5bCHF 2.7b12.7x14.3x5.1x
Thu, 30 May 2024CHF 38.6bCHF 7.5bCHF 2.7b12.9x14.3x5.2x
Sat, 27 Apr 2024CHF 39.6bCHF 7.5bCHF 2.7b13.6x14.7x5.3x
Mon, 25 Mar 2024CHF 39.7bCHF 7.4bCHF 2.6b13.8x15.2x5.3x
Wed, 21 Feb 2024CHF 40.0bCHF 7.2bCHF 2.6b14.3x15.4x5.5x
Fri, 19 Jan 2024CHF 39.8bCHF 7.2bCHF 2.5b14.1x15.6x5.5x
Sun, 17 Dec 2023CHF 39.0bCHF 7.2bCHF 2.5b14.4x15.3x5.4x
Tue, 14 Nov 2023CHF 38.6bCHF 7.2bCHF 2.5b14.4x15.2x5.4x
Thu, 12 Oct 2023CHF 38.8bCHF 7.1bCHF 2.5b15.1x15.5x5.5x
Sat, 09 Sep 2023CHF 38.2bCHF 7.1bCHF 2.5b15.1x15.3x5.4x
Mon, 07 Aug 2023CHF 38.5bCHF 6.8bCHF 2.4b15.4x16.3x5.6x
Wed, 05 Jul 2023CHF 37.8bCHF 6.6bCHF 2.3b15.9x16.2x5.7x
Fri, 02 Jun 2023CHF 37.8bCHF 6.7bCHF 2.3b15.8x16.2x5.7x
Sun, 30 Apr 2023CHF 38.4bCHF 6.7bCHF 2.3b16.2x16.4x5.8x
Tue, 28 Mar 2023CHF 37.2bCHF 6.6bCHF 2.3b15.9x16.3x5.6x
Thu, 23 Feb 2023CHF 36.9bCHF 6.5bCHF 2.2b16.1x16.5x5.7x
Sat, 21 Jan 2023CHF 37.1bCHF 6.5bCHF 2.2b16x16.7x5.7x
Price to Earnings Ratio

16.7x


Total Market Cap: CHF 37.1bTotal Earnings: CHF 2.2bTotal Revenue: CHF 6.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Banks Industry Price to Earnings3Y Average 15.2x202420252026
Current Industry PE
  • Investors are optimistic on the Swiss Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 16.8x which is higher than its 3-year average PE of 15.2x.
  • The 3-year average PS ratio of 5.4x is lower than the industry's current PS ratio of 6.0x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 7.1% per year over the last three years.
  • Revenues for these companies have grown 5.4% 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 Market0.32%
Financials-1.73%
Banks-0.077%
Regional Banks-0.0041%
Diversified Banks-1.27%
Industry PE
  • Investors are most optimistic about the Regional Banks industry which is trading above its 3-year average PE ratio of 15.3x.
    • Analysts are expecting annual earnings growth of 2.5%, which is higher than its past year's earnings decline of 1.6% per year.
  • Investors are most pessimistic about the Diversified Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 13.4x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 2.5% over the next 5 years.
  • This is better than its past earnings decline of 1.6% per year.
  • In contrast, the Regional Banks industry is expected to see its earnings grow by 2.5% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
TKBP Thurgauer KantonalbankCHF 168.002.8%
+CHF 90.0m		28.2%PB1.2x
BCGE Banque Cantonale de GenèveCHF 25.504.5%
+CHF 78.3m		-3.8%PB0.8x
GRKP Graubündner KantonalbankCHF 1.88k1.6%
+CHF 74.7m		5.6%PB1.6x
ZUGER Zuger KantonalbankCHF 9.06k1.3%
+CHF 34.5m		6.6%PB1.7x
WKBN Walliser KantonalbankCHF 134.500.4%
+CHF 7.8m		22.3%PB1.3x

Latest News

LLBN
CHF 85.60
Liechtensteinische Landesbank
7D
-1.3%
1Y
17.7%
LUKN
CHF 93.10
Luzerner Kantonalbank
7D
-1.4%
1Y
36.1%
ZUGER
CHF 9,060.00
Zuger Kantonalbank
7D
1.3%
1Y
6.6%

Does Zuger Kantonalbank (VTX:ZUGER) Deserve A Spot On Your Watchlist?

Nov 20
Does Zuger Kantonalbank (VTX:ZUGER) Deserve A Spot On Your Watchlist?
VATN
CHF 152.20
Valiant Holding
7D
-0.5%
1Y
39.4%
BCJ
CHF 71.00
Banque Cantonale du Jura
7D
1.4%
1Y
24.6%
BCGE
CHF 25.50
Banque Cantonale de Genève
7D
4.5%
1Y
-3.8%
HBLN
CHF 4,080.00
Hypothekarbank Lenzburg
7D
0.5%
1Y
1.0%
BCVN
CHF 101.00
Banque Cantonale Vaudoise
7D
-1.3%
1Y
15.1%
TKBP
CHF 168.00
Thurgauer Kantonalbank
7D
2.8%
1Y
28.2%
GLKBN
CHF 21.50
Glarner Kantonalbank
7D
-2.3%
1Y
-1.4%
BEKN
CHF 313.50
Berner Kantonalbank
7D
-0.6%
1Y
29.5%
SGKN
CHF 567.00
St. Galler Kantonalbank
7D
-0.7%
1Y
24.3%
GRKP
CHF 1,880.00
Graubündner Kantonalbank
7D
1.6%
1Y
5.6%
WKBN
CHF 134.50
Walliser Kantonalbank
7D
0.4%
1Y
22.3%
BLKB
CHF 1,000.00
Basellandschaftliche Kantonalbank
7D
0.2%
1Y
13.6%