SWX:BLKBBanks
Basellandschaftliche Kantonalbank (SWX:BLKB) Stock Revenue Holds While Margin Compression Bites
Basellandschaftliche Kantonalbank came into this earnings day with a drifting share price, down over the past week and past month, while trading on a trailing P/E of 15.4x that sits between local peers and the wider European banks sector. The new H1 2026 numbers put the focus squarely on profitability pressure. Trailing net income of CHF 149.5m now converts into a slimmer net margin of 29.4%, well below last year. For a stock that some investors viewed as undervalued on discounted cash flow,...