Header cover image

Swiss (SMI) Banks Industry Analysis

UpdatedApr 15, 2026
DataAggregated Company Financials
Companies16
  • 7D2.1%
  • 3M20.5%
  • 1Y38.8%
  • YTD21.2%

In the last week, the Banks industry is up 2.1%, with Zuger Kantonalbank leading the way with a 3.3% gain. This means that the industry has gained 39% over the past year. As for the next few years, earnings are expected to grow by 3.3% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 16 Apr 2026CHF 56.1bCHF 7.6bCHF 2.7b20.6x20.7x7.4x
Sat, 14 Mar 2026CHF 52.8bCHF 7.6bCHF 2.7b18.8x19.6x6.9x
Mon, 09 Feb 2026CHF 49.8bCHF 7.7bCHF 2.7b16.9x18.3x6.5x
Wed, 07 Jan 2026CHF 45.9bCHF 7.7bCHF 2.7b16x16.8x6x
Fri, 05 Dec 2025CHF 43.7bCHF 7.7bCHF 2.7b15.2x16x5.7x
Sun, 02 Nov 2025CHF 42.0bCHF 7.7bCHF 2.7b14.8x15.4x5.5x
Tue, 30 Sep 2025CHF 41.5bCHF 7.6bCHF 2.7b14.7x15.2x5.4x
Thu, 28 Aug 2025CHF 41.5bCHF 7.6bCHF 2.7b15.1x15.2x5.4x
Sat, 26 Jul 2025CHF 41.5bCHF 7.6bCHF 2.7b14.3x15.1x5.5x
Mon, 23 Jun 2025CHF 40.1bCHF 7.6bCHF 2.7b13.6x14.8x5.3x
Wed, 21 May 2025CHF 41.0bCHF 7.6bCHF 2.7b13.9x15.1x5.4x
Fri, 18 Apr 2025CHF 40.5bCHF 7.6bCHF 2.7b13.7x15x5.4x
Sun, 16 Mar 2025CHF 40.2bCHF 7.5bCHF 2.7b13.6x15.2x5.4x
Tue, 11 Feb 2025CHF 39.6bCHF 7.5bCHF 2.7b13.4x14.7x5.3x
Thu, 09 Jan 2025CHF 38.2bCHF 7.5bCHF 2.7b12.9x14.2x5.1x
Sat, 07 Dec 2024CHF 37.5bCHF 7.5bCHF 2.7b12.5x13.9x5x
Mon, 04 Nov 2024CHF 37.1bCHF 7.5bCHF 2.7b12.7x13.7x4.9x
Wed, 02 Oct 2024CHF 37.0bCHF 7.5bCHF 2.7b12.6x13.7x4.9x
Fri, 30 Aug 2024CHF 37.5bCHF 7.5bCHF 2.7b12.8x14x5x
Sun, 28 Jul 2024CHF 38.2bCHF 7.5bCHF 2.7b12.8x14.2x5.1x
Tue, 25 Jun 2024CHF 38.6bCHF 7.5bCHF 2.7b13x14.3x5.2x
Thu, 23 May 2024CHF 38.9bCHF 7.5bCHF 2.7b13.1x14.4x5.2x
Sat, 20 Apr 2024CHF 39.8bCHF 7.5bCHF 2.7b13.7x14.8x5.3x
Mon, 18 Mar 2024CHF 40.0bCHF 7.3bCHF 2.6b14.5x15.2x5.5x
Wed, 14 Feb 2024CHF 39.4bCHF 7.2bCHF 2.6b14.4x15.3x5.5x
Fri, 12 Jan 2024CHF 39.5bCHF 7.2bCHF 2.5b14.1x15.5x5.5x
Sun, 10 Dec 2023CHF 38.8bCHF 7.2bCHF 2.5b14.4x15.2x5.4x
Tue, 07 Nov 2023CHF 38.9bCHF 7.2bCHF 2.5b14.6x15.3x5.4x
Thu, 05 Oct 2023CHF 38.7bCHF 7.1bCHF 2.5b15.4x15.5x5.4x
Sat, 02 Sep 2023CHF 38.4bCHF 7.1bCHF 2.5b15.3x15.4x5.4x
Mon, 31 Jul 2023CHF 38.6bCHF 6.8bCHF 2.3b15.4x16.4x5.7x
Wed, 28 Jun 2023CHF 37.5bCHF 6.7bCHF 2.3b15.6x16x5.6x
Fri, 26 May 2023CHF 37.2bCHF 6.7bCHF 2.3b15.8x15.9x5.6x
Sun, 23 Apr 2023CHF 38.3bCHF 6.7bCHF 2.3b16.2x16.4x5.7x
Price to Earnings Ratio

16.4x


Total Market Cap: CHF 38.3bTotal Earnings: CHF 2.3bTotal Revenue: CHF 6.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Banks Industry Price to Earnings3Y Average 15.4x202420252026
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 20.7x which is higher than its 3-year average PE of 15.4x.
  • The 3-year average PS ratio of 5.5x is lower than the industry's current PS ratio of 7.4x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 5.2% per year over the last three years.
  • Revenues for these companies have grown 4.6% 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 Market4.04%
Financials2.67%
Banks2.11%
Diversified Banks3.85%
Regional Banks2.01%
Industry PE
  • Investors are most optimistic about the Regional Banks industry which is trading above its 3-year average PE ratio of 15.5x.
    • Analysts are expecting annual earnings growth of 3.3%, which is higher than its past year's earnings growth of 0.8% 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 13.8x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 3.3% over the next 5 years.
  • This is better than its past earnings growth rate of 0.8% per year.
  • In contrast, the Regional Banks industry is expected to see its earnings grow by 3.3% 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
ZUGER Zuger KantonalbankCHF 10.85k3.3%
+CHF 100.7m
27.0%PB1.9x
GRKP Graubündner KantonalbankCHF 2.20k1.9%
+CHF 99.6m
25.4%PB1.8x
BCGE Banque Cantonale de GenèveCHF 36.703.7%
+CHF 92.6m
53.6%PB1x
WKBN Walliser KantonalbankCHF 160.003.2%
+CHF 78.4m
36.8%PB1.5x
VATN Valiant HoldingCHF 181.602.7%
+CHF 75.7m
50.6%PB1x

Latest News