Header cover image

Swiss (SMI) Banks Industry Analysis

UpdatedMay 18, 2025
DataAggregated Company Financials
Companies16
  • 7D-1.2%
  • 3M2.0%
  • 1Y3.7%
  • YTD7.7%

Over the last 7 days, the Banks industry has dropped 1.2%, driven by a pullback from Banque Cantonale Vaudoise of 2.6%. In the past year, the industry has gained 3.7%. Looking forward, earnings are forecast to grow by 1.1% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 18 May 2025CHF 40.6bCHF 7.6bCHF 2.7b13.8x15x5.4x
Tue, 15 Apr 2025CHF 40.1bCHF 7.6bCHF 2.7b13.6x14.8x5.3x
Thu, 13 Mar 2025CHF 40.3bCHF 7.5bCHF 2.7b13.6x15.2x5.4x
Sat, 08 Feb 2025CHF 39.6bCHF 7.5bCHF 2.7b13.3x14.7x5.3x
Mon, 06 Jan 2025CHF 37.7bCHF 7.5bCHF 2.7b12.8x14x5x
Wed, 04 Dec 2024CHF 37.3bCHF 7.5bCHF 2.7b12.6x13.8x5x
Fri, 01 Nov 2024CHF 37.3bCHF 7.5bCHF 2.7b12.7x13.9x5x
Sun, 29 Sep 2024CHF 37.2bCHF 7.5bCHF 2.7b12.7x13.9x5x
Tue, 27 Aug 2024CHF 37.8bCHF 7.5bCHF 2.7b12.8x14.1x5.1x
Thu, 25 Jul 2024CHF 38.2bCHF 7.5bCHF 2.7b12.8x14.2x5.1x
Sat, 22 Jun 2024CHF 38.5bCHF 7.5bCHF 2.7b13x14.3x5.1x
Mon, 20 May 2024CHF 39.2bCHF 7.5bCHF 2.7b13.3x14.5x5.2x
Wed, 17 Apr 2024CHF 40.0bCHF 7.5bCHF 2.7b13.6x14.9x5.4x
Fri, 15 Mar 2024CHF 39.7bCHF 7.3bCHF 2.6b14.4x15.1x5.4x
Sun, 11 Feb 2024CHF 39.3bCHF 7.2bCHF 2.6b14.4x15.3x5.5x
Tue, 09 Jan 2024CHF 39.6bCHF 7.2bCHF 2.5b14.1x15.6x5.5x
Thu, 07 Dec 2023CHF 38.6bCHF 7.2bCHF 2.5b14.1x15.2x5.3x
Sat, 04 Nov 2023CHF 38.8bCHF 7.2bCHF 2.5b14.6x15.3x5.4x
Mon, 02 Oct 2023CHF 38.7bCHF 7.1bCHF 2.5b15.2x15.5x5.4x
Wed, 30 Aug 2023CHF 38.4bCHF 7.1bCHF 2.5b15.4x15.6x5.5x
Fri, 28 Jul 2023CHF 38.4bCHF 6.7bCHF 2.4b15.4x16.3x5.7x
Sun, 25 Jun 2023CHF 37.4bCHF 6.7bCHF 2.3b15.7x16x5.6x
Tue, 23 May 2023CHF 37.5bCHF 6.7bCHF 2.3b16x16x5.6x
Thu, 20 Apr 2023CHF 38.2bCHF 6.7bCHF 2.3b16.1x16.4x5.7x
Sat, 18 Mar 2023CHF 36.5bCHF 6.5bCHF 2.3b15.8x16.2x5.6x
Mon, 13 Feb 2023CHF 37.0bCHF 6.5bCHF 2.2b16.1x16.6x5.7x
Wed, 11 Jan 2023CHF 36.5bCHF 6.5bCHF 2.2b15.8x16.5x5.6x
Fri, 09 Dec 2022CHF 36.3bCHF 6.5bCHF 2.2b15.9x16.4x5.6x
Sun, 06 Nov 2022CHF 36.3bCHF 6.5bCHF 2.2b15.7x16.4x5.6x
Tue, 04 Oct 2022CHF 36.3bCHF 6.5bCHF 2.2b15.3x16.4x5.6x
Thu, 01 Sep 2022CHF 36.5bCHF 6.5bCHF 2.2b15.9x16.5x5.6x
Sat, 30 Jul 2022CHF 35.5bCHF 6.5bCHF 2.2b16x16.4x5.5x
Mon, 27 Jun 2022CHF 34.3bCHF 6.4bCHF 2.1b15.6x16x5.3x
Wed, 25 May 2022CHF 34.6bCHF 6.4bCHF 2.1b15.4x16.1x5.4x
Price to Earnings Ratio

16.1x


Total Market Cap: CHF 34.6bTotal Earnings: CHF 2.1bTotal Revenue: CHF 6.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Banks Industry Price to Earnings3Y Average 15.4x202320242025
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 15.4x.
  • The industry is trading close to its 3-year average PS ratio of 5.4x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 8.1% per year over the last three years.
  • Revenues for these companies have grown 5.5% 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 Market2.12%
Financials1.85%
Banks-1.16%
Diversified Banks1.66%
Regional Banks-1.34%
Industry PE
  • Investors are most optimistic about the Regional Banks industry, which is trading close to its 3-year average PE ratio of 15.6x.
    • Analysts are expecting annual earnings growth of 1.1%, which is higher than its past year's earnings decline of 0.4% 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 13.0x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 1.1% over the next 5 years.
  • This is better than its past earnings decline of 0.4% 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
LLBN Liechtensteinische LandesbankCHF 79.801.7%
+CHF 39.6m
12.4%PB1.1x
SGKN St. Galler KantonalbankCHF 482.001.3%
+CHF 35.9m
5.4%PB1x
TKBP Thurgauer KantonalbankCHF 151.501.0%
+CHF 30.0m
19.3%PB1.1x
BLKB Basellandschaftliche KantonalbankCHF 938.001.3%
+CHF 26.0m
7.6%PB0.7x
WKBN Walliser KantonalbankCHF 125.500.4%
+CHF 7.8m
9.6%PB1.2x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

WKBN

CHF 125.50

Walliser Kantonalbank

7D

0.4%

1Y

9.6%

VATN

CHF 117.60

Valiant Holding

7D

-3.9%

1Y

7.1%

BEKN

CHF 244.00

Berner Kantonalbank

7D

-3.0%

1Y

-3.2%

SGKN

CHF 482.00

St. Galler Kantonalbank

7D

1.3%

1Y

5.4%

ZUGER

CHF 8,620.00

Zuger Kantonalbank

7D

-1.8%

1Y

1.9%

BCVN

CHF 97.35

Banque Cantonale Vaudoise

7D

-2.6%

1Y

3.7%

BCGE

CHF 240.00

Banque Cantonale de Genève

7D

-2.4%

1Y

-19.2%

BCJ

CHF 61.50

Banque Cantonale du Jura

7D

3.4%

1Y

0.8%

GLKBN

CHF 21.30

Glarner Kantonalbank

7D

-2.7%

1Y

0.5%

LLBN

CHF 79.80

Liechtensteinische Landesbank

7D

1.7%

1Y

12.4%

LUKN

CHF 68.20

Luzerner Kantonalbank

7D

-0.9%

1Y

-1.4%

BLKB

CHF 938.00

Basellandschaftliche Kantonalbank

7D

1.3%

1Y

7.6%

GRKP

CHF 1,730.00

Graubündner Kantonalbank

7D

-2.3%

1Y

-3.4%