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Swiss (SMI) Banks Industry Analysis

UpdatedJul 07, 2024
DataAggregated Company Financials
Companies16
  • 7D0.6%
  • 3M-3.6%
  • 1Y3.2%
  • YTD-0.4%

Over the last 7 days, the Banks industry has remained flat. The past year has been better, since the industry has gained 3.2% in that time. As for the next few years, earnings are expected to grow by 1.4% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 07 Jul 2024CHF 38.6bCHF 7.5bCHF 2.7b12.8x14.3x5.2x
Tue, 04 Jun 2024CHF 38.5bCHF 7.5bCHF 2.7b12.9x14.3x5.2x
Thu, 02 May 2024CHF 39.4bCHF 7.5bCHF 2.7b13.7x14.7x5.3x
Sat, 30 Mar 2024CHF 39.9bCHF 7.4bCHF 2.7b13.7x15x5.4x
Mon, 26 Feb 2024CHF 40.2bCHF 7.2bCHF 2.6b14.4x15.4x5.6x
Wed, 24 Jan 2024CHF 39.8bCHF 7.2bCHF 2.5b13.8x15.7x5.5x
Fri, 22 Dec 2023CHF 39.0bCHF 7.2bCHF 2.5b14x15.3x5.4x
Sun, 19 Nov 2023CHF 38.7bCHF 7.2bCHF 2.5b14.5x15.2x5.4x
Tue, 17 Oct 2023CHF 38.7bCHF 7.1bCHF 2.5b15x15.4x5.4x
Thu, 14 Sep 2023CHF 38.3bCHF 7.1bCHF 2.5b15.4x15.3x5.4x
Sat, 12 Aug 2023CHF 38.8bCHF 6.9bCHF 2.4b15.4x16.2x5.6x
Mon, 10 Jul 2023CHF 37.8bCHF 6.6bCHF 2.3b15.8x16.3x5.7x
Wed, 07 Jun 2023CHF 37.8bCHF 6.7bCHF 2.3b15.8x16.2x5.7x
Fri, 05 May 2023CHF 37.8bCHF 6.7bCHF 2.3b16.2x16.2x5.7x
Sun, 02 Apr 2023CHF 37.3bCHF 6.6bCHF 2.3b16.1x16.1x5.6x
Tue, 28 Feb 2023CHF 37.2bCHF 6.5bCHF 2.2b16.2x16.6x5.7x
Thu, 26 Jan 2023CHF 37.2bCHF 6.5bCHF 2.2b16.1x16.8x5.7x
Sat, 24 Dec 2022CHF 36.4bCHF 6.5bCHF 2.2b15.9x16.4x5.6x
Mon, 21 Nov 2022CHF 36.2bCHF 6.5bCHF 2.2b15.9x16.3x5.5x
Wed, 19 Oct 2022CHF 36.0bCHF 6.5bCHF 2.2b15.8x16.2x5.5x
Fri, 16 Sep 2022CHF 36.8bCHF 6.5bCHF 2.2b16.1x16.6x5.6x
Sun, 14 Aug 2022CHF 36.3bCHF 6.5bCHF 2.2b16.2x16.7x5.6x
Tue, 12 Jul 2022CHF 34.9bCHF 6.4bCHF 2.1b15.8x16.3x5.4x
Thu, 09 Jun 2022CHF 34.7bCHF 6.4bCHF 2.1b15.6x16.2x5.4x
Sat, 07 May 2022CHF 35.4bCHF 6.4bCHF 2.1b15.6x16.5x5.5x
Mon, 04 Apr 2022CHF 35.8bCHF 6.3bCHF 2.1b16.2x16.9x5.7x
Wed, 02 Mar 2022CHF 34.3bCHF 6.1bCHF 2.1b15.4x16.3x5.6x
Fri, 28 Jan 2022CHF 34.3bCHF 6.1bCHF 2.0b15.7x16.8x5.6x
Sun, 26 Dec 2021CHF 33.0bCHF 6.1bCHF 2.0b14.9x16.2x5.4x
Tue, 23 Nov 2021CHF 33.3bCHF 6.1bCHF 2.0b15.2x16.3x5.4x
Thu, 21 Oct 2021CHF 33.3bCHF 6.1bCHF 2.0b15.1x16.3x5.5x
Sat, 18 Sep 2021CHF 33.0bCHF 6.1bCHF 2.0b15.1x16.2x5.4x
Mon, 16 Aug 2021CHF 34.3bCHF 6.1bCHF 2.0b15.1x16.8x5.6x
Price to Earnings Ratio

16.8x


Total Market Cap: CHF 34.3bTotal Earnings: CHF 2.0bTotal Revenue: CHF 6.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Banks Industry Price to Earnings3Y Average 16x202220232024
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 14.3x which is lower than its 3-year average PE of 16.0x.
  • The industry is trading close to its 3-year average PS ratio of 5.5x.
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 7.0% 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 Market0.69%
Financials0.92%
Banks0.56%
Diversified Banks1.12%
Regional Banks0.53%
Industry PE
  • Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 16.2x.
    • Analysts are expecting annual earnings growth of 1.1%, which is lower than the prior year's growth of 18.0% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 13.8x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 3.4% over the next 5 years.
  • However this is lower than its past earnings growth rate of 12% 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
GRKP Graubündner KantonalbankCHF 1.79k2.0%
+CHF 87.2m
9.8%PB1.5x
BCVN Banque Cantonale VaudoiseCHF 96.250.9%
+CHF 77.3m
0.7%PB2.1x
TKBP Thurgauer KantonalbankCHF 123.001.2%
+CHF 30.0m
1.7%PB0.9x
LLBN Liechtensteinische LandesbankCHF 72.001.1%
+CHF 24.5m
23.7%PB1x
LUKN Luzerner KantonalbankCHF 66.300.3%
+CHF 9.9m
-9.1%PB0.8x
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Latest News

BCVN

CHF 96.25

Banque Cantonale Vaudoise

7D

0.9%

1Y

0.7%

VATN

CHF 101.20

Valiant Holding

7D

-0.6%

1Y

8.1%

ZUGER

CHF 8,420.00

Zuger Kantonalbank

7D

-0.2%

1Y

9.9%

SGKN

CHF 432.00

St. Galler Kantonalbank

7D

-0.1%

1Y

-10.4%

BCJ

CHF 57.00

Banque Cantonale du Jura

7D

-1.7%

1Y

9.6%

BCGE

CHF 291.00

Banque Cantonale de Genève

7D

0.3%

1Y

34.7%

LLBN

CHF 72.00

Liechtensteinische Landesbank

7D

1.1%

1Y

23.7%

LUKN

CHF 66.30

Luzerner Kantonalbank

7D

0.3%

1Y

-9.1%

HBLN

CHF 4,200.00

Hypothekarbank Lenzburg

7D

0.5%

1Y

-2.8%