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Swiss (SMI) Banks Industry Analysis

UpdatedJul 15, 2026
DataAggregated Company Financials
Companies16
  • 7D0.7%
  • 3M-2.4%
  • 1Y30.5%
  • YTD16.5%

The Banks is pretty flat in the last 7 days, but Banque Cantonale Vaudoise has stood out, gaining 3.4%. As for the the longer term, the industry is up 30% over the past 12 months. Looking forward, earnings are forecast to grow by 3.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 15 Jul 2026CHF 54.0bCHF 7.6bCHF 2.7b19.6x20.1x7.1x
Fri, 12 Jun 2026CHF 51.9bCHF 7.6bCHF 2.7b18.6x19.4x6.8x
Sun, 10 May 2026CHF 51.2bCHF 7.6bCHF 2.7b18.2x19.1x6.7x
Tue, 07 Apr 2026CHF 54.9bCHF 7.6bCHF 2.7b19.9x20.2x7.2x
Thu, 05 Mar 2026CHF 52.7bCHF 7.7bCHF 2.7b18.4x19.7x6.9x
Sat, 31 Jan 2026CHF 48.4bCHF 7.7bCHF 2.7b16.6x17.8x6.3x
Mon, 29 Dec 2025CHF 45.1bCHF 7.7bCHF 2.7b15.6x16.5x5.9x
Wed, 26 Nov 2025CHF 42.7bCHF 7.7bCHF 2.7b14.9x15.6x5.6x
Fri, 24 Oct 2025CHF 41.8bCHF 7.6bCHF 2.7b14.8x15.3x5.5x
Sun, 21 Sep 2025CHF 41.3bCHF 7.6bCHF 2.7b15.1x15.2x5.4x
Tue, 19 Aug 2025CHF 41.3bCHF 7.6bCHF 2.7b14.8x15x5.4x
Thu, 17 Jul 2025CHF 41.3bCHF 7.6bCHF 2.7b14x15.2x5.4x
Sat, 14 Jun 2025CHF 40.0bCHF 7.6bCHF 2.7b13.7x14.8x5.3x
Mon, 12 May 2025CHF 41.1bCHF 7.6bCHF 2.7b13.7x15.2x5.4x
Wed, 09 Apr 2025CHF 39.3bCHF 7.6bCHF 2.7b13.4x14.5x5.2x
Fri, 07 Mar 2025CHF 40.4bCHF 7.5bCHF 2.7b13.6x15.2x5.4x
Sun, 02 Feb 2025CHF 39.2bCHF 7.5bCHF 2.7b13.2x14.5x5.2x
Tue, 31 Dec 2024CHF 37.2bCHF 7.5bCHF 2.7b12.7x13.8x5x
Thu, 28 Nov 2024CHF 37.1bCHF 7.5bCHF 2.7b12.6x13.8x4.9x
Sat, 26 Oct 2024CHF 37.6bCHF 7.5bCHF 2.7b12.8x14x5x
Mon, 23 Sep 2024CHF 37.0bCHF 7.5bCHF 2.7b12.6x13.8x4.9x
Wed, 21 Aug 2024CHF 37.9bCHF 7.5bCHF 2.7b12.8x14.1x5.1x
Fri, 19 Jul 2024CHF 38.5bCHF 7.5bCHF 2.7b12.7x14.3x5.1x
Sun, 16 Jun 2024CHF 38.2bCHF 7.5bCHF 2.7b13.1x14.2x5.1x
Tue, 14 May 2024CHF 39.4bCHF 7.5bCHF 2.7b13.3x14.6x5.3x
Thu, 11 Apr 2024CHF 39.8bCHF 7.4bCHF 2.7b13.7x14.9x5.4x
Sat, 09 Mar 2024CHF 39.8bCHF 7.3bCHF 2.6b14.5x15.2x5.4x
Mon, 05 Feb 2024CHF 40.3bCHF 7.2bCHF 2.6b14.5x15.7x5.6x
Wed, 03 Jan 2024CHF 39.4bCHF 7.2bCHF 2.5b14.1x15.5x5.5x
Fri, 01 Dec 2023CHF 39.1bCHF 7.2bCHF 2.5b14.3x15.4x5.4x
Sun, 29 Oct 2023CHF 38.6bCHF 7.1bCHF 2.5b15x15.4x5.4x
Tue, 26 Sep 2023CHF 38.6bCHF 7.1bCHF 2.5b15.4x15.4x5.4x
Thu, 24 Aug 2023CHF 38.4bCHF 7.0bCHF 2.4b15.4x15.7x5.5x
Sat, 22 Jul 2023CHF 38.4bCHF 6.7bCHF 2.4b15.4x16.4x5.7x
Price to Earnings Ratio

16.4x


Total Market Cap: CHF 38.4bTotal Earnings: CHF 2.4bTotal Revenue: CHF 6.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Banks Industry Price to Earnings3Y Average 15.7x202420252026
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 20.1x which is higher than its 3-year average PE of 15.7x.
  • The 3-year average PS ratio of 5.6x is lower than the industry's current PS ratio of 7.1x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 4.5% per year over the last three years.
  • Revenues for these companies have grown 4.2% 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-0.65%
Financials2.42%
Banks0.67%
Diversified Banks3.76%
Regional Banks0.46%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 14.2x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Regional Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 15.8x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 3.4% 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 3.4% 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
BCVN Banque Cantonale VaudoiseCHF 124.201.7%
+CHF 180.4m		31.2%PB2.7x
LLBN Liechtensteinische LandesbankCHF 115.601.4%
+CHF 48.6m		32.9%PB1.5x
TKBP Thurgauer KantonalbankCHF 181.001.1%
+CHF 40.0m		15.3%PB1.2x
ZUGER Zuger KantonalbankCHF 10.45k1.0%
+CHF 28.8m		20.4%PB1.9x
WKBN Walliser KantonalbankCHF 162.500.6%
+CHF 15.7m		32.1%PB1.5x

Latest News

BCJ
CHF 80.50
Banque Cantonale du Jura
7D
0.6%
1Y
37.6%
LLBN
CHF 115.60
Liechtensteinische Landesbank
7D
1.4%
1Y
32.9%
TKBP
CHF 181.00
Thurgauer Kantonalbank
7D
1.1%
1Y
15.3%
BEKN
CHF 377.50
Berner Kantonalbank
7D
-2.6%
1Y
49.8%
ZUGER
CHF 10,450.00
Zuger Kantonalbank
7D
1.0%
1Y
20.4%
BCGE
CHF 33.00
Banque Cantonale de Genève
7D
-2.4%
1Y
36.9%
BCVN
CHF 124.20
Banque Cantonale Vaudoise
7D
1.7%
1Y
31.2%
SGKN
CHF 650.00
St. Galler Kantonalbank
7D
-0.2%
1Y
32.2%
GLKBN
CHF 23.90
Glarner Kantonalbank
7D
0.8%
1Y
10.1%
WKBN
CHF 162.50
Walliser Kantonalbank
7D
0.6%
1Y
32.1%
HBLN
CHF 4,200.00
Hypothekarbank Lenzburg
7D
0.5%
1Y
2.4%
GRKP
CHF 2,280.00
Graubündner Kantonalbank
7D
-1.3%
1Y
29.2%