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Swiss (SMI) Banks Industry Analysis

UpdatedDec 22, 2024
DataAggregated Company Financials
Companies16
  • 7D-0.4%
  • 3M-0.3%
  • 1Y-4.9%
  • YTD-5.1%

The Banks industry has been flat over the last week, but Banque Cantonale de Genève has lost 3.1%. Unfortunately though, the industry is down 4.9% over the past 12 months. Looking forward, earnings are expected to remain mostly flat in the next few years.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024CHF 36.7bCHF 7.5bCHF 2.7b12.7x13.6x4.9x
Tue, 19 Nov 2024CHF 37.2bCHF 7.5bCHF 2.7b12.7x13.8x4.9x
Thu, 17 Oct 2024CHF 37.5bCHF 7.5bCHF 2.7b12.7x13.9x5x
Sat, 14 Sep 2024CHF 37.1bCHF 7.5bCHF 2.7b12.5x13.9x5x
Mon, 12 Aug 2024CHF 38.2bCHF 7.5bCHF 2.7b13.1x14.2x5.1x
Wed, 10 Jul 2024CHF 38.6bCHF 7.5bCHF 2.7b12.6x14.3x5.2x
Fri, 07 Jun 2024CHF 38.7bCHF 7.5bCHF 2.7b13.1x14.4x5.2x
Sun, 05 May 2024CHF 39.2bCHF 7.5bCHF 2.7b13.4x14.6x5.3x
Tue, 02 Apr 2024CHF 39.9bCHF 7.4bCHF 2.7b13.7x15x5.4x
Thu, 29 Feb 2024CHF 40.1bCHF 7.2bCHF 2.6b14.5x15.4x5.5x
Sat, 27 Jan 2024CHF 39.9bCHF 7.2bCHF 2.5b14x15.7x5.5x
Mon, 25 Dec 2023CHF 39.1bCHF 7.2bCHF 2.5b14.1x15.4x5.4x
Wed, 22 Nov 2023CHF 38.6bCHF 7.2bCHF 2.5b14.3x15.2x5.3x
Fri, 20 Oct 2023CHF 38.7bCHF 7.1bCHF 2.5b15x15.4x5.4x
Sun, 17 Sep 2023CHF 38.4bCHF 7.1bCHF 2.5b15.2x15.4x5.4x
Tue, 15 Aug 2023CHF 38.8bCHF 6.9bCHF 2.4b15.4x16.3x5.6x
Thu, 13 Jul 2023CHF 38.3bCHF 6.6bCHF 2.3b16.1x16.4x5.8x
Sat, 10 Jun 2023CHF 37.7bCHF 6.7bCHF 2.3b15.7x16.1x5.6x
Mon, 08 May 2023CHF 37.9bCHF 6.7bCHF 2.3b15.8x16.2x5.7x
Wed, 05 Apr 2023CHF 37.5bCHF 6.6bCHF 2.3b16.2x16.1x5.7x
Fri, 03 Mar 2023CHF 37.0bCHF 6.5bCHF 2.2b16.2x16.5x5.7x
Sun, 29 Jan 2023CHF 37.2bCHF 6.5bCHF 2.2b16.2x16.8x5.7x
Tue, 27 Dec 2022CHF 36.4bCHF 6.5bCHF 2.2b15.9x16.4x5.6x
Thu, 24 Nov 2022CHF 36.5bCHF 6.5bCHF 2.2b16.1x16.5x5.6x
Sat, 22 Oct 2022CHF 36.2bCHF 6.5bCHF 2.2b16x16.3x5.5x
Mon, 19 Sep 2022CHF 36.9bCHF 6.5bCHF 2.2b16.2x16.7x5.6x
Wed, 17 Aug 2022CHF 36.5bCHF 6.5bCHF 2.2b16.3x16.7x5.6x
Fri, 15 Jul 2022CHF 34.8bCHF 6.5bCHF 2.2b15.8x16.1x5.4x
Sun, 12 Jun 2022CHF 34.4bCHF 6.4bCHF 2.1b15.5x16x5.3x
Tue, 10 May 2022CHF 34.9bCHF 6.4bCHF 2.1b15.5x16.3x5.4x
Thu, 07 Apr 2022CHF 35.9bCHF 6.3bCHF 2.1b16.2x17x5.7x
Sat, 05 Mar 2022CHF 34.0bCHF 6.1bCHF 2.1b15.5x16.2x5.6x
Mon, 31 Jan 2022CHF 34.4bCHF 6.1bCHF 2.0b15.6x16.8x5.6x
Wed, 29 Dec 2021CHF 33.1bCHF 6.1bCHF 2.0b15x16.2x5.4x
Price to Earnings Ratio

16.2x


Total Market Cap: CHF 33.1bTotal Earnings: CHF 2.0bTotal Revenue: CHF 6.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Banks Industry Price to Earnings3Y Average 15.7x202220232024
Current Industry PE
  • Investors are pessimistic on the Swiss Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 13.6x which is lower than its 3-year average PE of 15.7x.
  • The 3-year average PS ratio of 5.4x is higher than the industry's current PS ratio of 4.9x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 9.7% per year over the last three years.
  • Revenues for these companies have grown 7.1% 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-2.31%
Financials-3.45%
Banks-0.42%
Regional Banks-0.42%
Diversified Banks-0.43%
Industry PE
  • Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 15.8x.
    • Analysts are expecting annual earnings decline of 0.06%, which is lower than the prior year's growth of 9.4% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 13.4x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Regional Banks industry since they expect its earnings to decline by only 0.06% per year over the next 5 years, which isn't as bad as the other industries.
  • This is a reversal from its past annual earnings growth rate of 9.4% per year.
  • 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?

CompanyLast Price7D1YValuation
BCVN Banque Cantonale VaudoiseCHF 82.151.4%
+CHF 94.5m
-23.4%PB1.9x
WKBN Walliser KantonalbankCHF 111.500.9%
+CHF 15.7m
2.3%PB1.1x
GRKP Graubündner KantonalbankCHF 1.75k0.3%
+CHF 12.5m
3.9%PB1.5x
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