SWX:BLKB

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Basellandschaftliche Kantonalbank

Executive Summary

Basellandschaftliche Kantonalbank provides various banking products and services to the private, institutional, business, and public sector customers in Switzerland.


Snowflake Analysis

Flawless balance sheet established dividend payer.

Share Price & News

How has Basellandschaftliche Kantonalbank's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BLKB has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.1%

BLKB

-0.5%

CH Banks

0.8%

CH Market


1 Year Return

-4.4%

BLKB

-2.0%

CH Banks

0.6%

CH Market

Return vs Industry: BLKB underperformed the Swiss Banks industry which returned -1.6% over the past year.

Return vs Market: BLKB underperformed the Swiss Market which returned 1.2% over the past year.


Shareholder returns

BLKBIndustryMarket
7 Day-1.1%-0.5%0.8%
30 Day-1.4%-2.6%0.3%
90 Day1.9%6.3%9.4%
1 Year-0.7%-4.4%1.3%-2.0%4.0%0.6%
3 Year7.6%-4.0%16.0%5.0%21.0%8.6%
5 Year18.2%-2.5%39.7%17.5%31.3%9.2%

Price Volatility Vs. Market

How volatile is Basellandschaftliche Kantonalbank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Basellandschaftliche Kantonalbank undervalued compared to its fair value and its price relative to the market?

13.8x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BLKB (CHF870) is trading above our estimate of fair value (CHF634.67)

Significantly Below Fair Value: BLKB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BLKB is good value based on its PE Ratio (13.8x) compared to the Banks industry average (15.5x).

PE vs Market: BLKB is good value based on its PE Ratio (13.8x) compared to the Swiss market (19.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BLKB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BLKB is good value based on its PB Ratio (0.8x) compared to the CH Banks industry average (0.9x).


Next Steps

Future Growth

How is Basellandschaftliche Kantonalbank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

25.4%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Basellandschaftliche Kantonalbank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Basellandschaftliche Kantonalbank performed over the past 5 years?

2.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BLKB has high quality earnings.

Growing Profit Margin: BLKB's current net profit margins (37.8%) are higher than last year (37.5%).


Past Earnings Growth Analysis

Earnings Trend: BLKB's earnings have grown by 2.5% per year over the past 5 years.

Accelerating Growth: BLKB's earnings growth over the past year (1.8%) is below its 5-year average (2.5% per year).

Earnings vs Industry: BLKB earnings growth over the past year (1.8%) exceeded the Banks industry 1.6%.


Return on Equity

High ROE: BLKB's Return on Equity (5.4%) is considered low.


Next Steps

Financial Health

How is Basellandschaftliche Kantonalbank's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: BLKB's Assets to Equity ratio (10.9x) is moderate.

Allowance for Bad Loans: BLKB has a sufficient allowance for bad loans (106%).

Low Risk Liabilities: 71% of BLKB's liabilities are made up of primarily low risk sources of funding.

Loan Level: BLKB has an appropriate level of Loans to Assets ratio (77%).

Low Risk Deposits: BLKB's Loans to Deposits ratio (120%) is appropriate.

Level of Bad Loans: BLKB has an appropriate level of bad loans (0.6%).


Next Steps

Dividend

What is Basellandschaftliche Kantonalbank current dividend yield, its reliability and sustainability?

4.02%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BLKB's dividend (4.02%) is higher than the bottom 25% of dividend payers in the Swiss market (1.95%).

High Dividend: BLKB's dividend (4.02%) is in the top 25% of dividend payers in the Swiss market (3.91%)


Stability and Growth of Payments

Stable Dividend: BLKB's dividends per share have been stable in the past 10 years.

Growing Dividend: BLKB's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (55.5%), BLKB's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.5yrs

Average management tenure


CEO

John Häfelfinger (49yo)

3.5yrs

Tenure

CHF1,064,474

Compensation

Mr. John Häfelfinger serves as Chairman and Member of the Executive Board and Chief Executive Officer at Basellandschaftliche Kantonalbank since January 01, 2017. Education: Advanced Federal Diploma of H ...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD1.13M) is about average for companies of similar size in the Swiss market ($USD1.17M).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
John Häfelfinger
Chairman of the Executive Board & CEO3.5yrsCHF1.06m0.0046% CHF87.0k
Herbert Kumbartzki
Deputy CEO9.75yrsno data0.0090% CHF169.7k
Kaspar Schweizer
Head of Private Investment & Financial Advisory and Member of Executive Board19.5yrsno data0.026% CHF483.7k
Beat Röthlisberger
Head of Corporate Banking Advisory & Member of Executive Board3yrsno data0.00069% CHF13.0k
Alexandra Lau
Interim Head of Strategy & Market Services and Member of Executive Board0.42yrno datano data
Christoph Schär
Chief Digital Officerno datano data0.00078% CHF14.7k
Remo Ponti
Head of Investor Relationsno datano datano data
Monika Dunant
Head of Public Affairsno datano datano data
Fredy Werder
Director of Marketingno datano datano data
Daniel Kern
Head of Human Resourcesno datano datano data

3.5yrs

Average Tenure

49yo

Average Age

Experienced Management: BLKB's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Stephan Naef
Director5yrsCHF86.93k0.0023% CHF43.4k
Anton Lauber
Deputy Chairman of the Board7.5yrsCHF57.25kno data
Erica Spiegler
Director5yrsCHF86.22k0.0023% CHF43.4k
Marco Primavesi
Director5yrsCHF114.21k0.0023% CHF43.4k
Nadine Jermann
Director5.08yrsCHF85.51k0.0023% CHF43.4k
Thomas Schneider
Chairman of the Board1.92yrsCHF264.86kno data
Stephan Eugster
Director1yrCHF48.41kno data
Nadia Schmidt
Director1yrCHF40.88kno data

5.0yrs

Average Tenure

56.5yo

Average Age

Experienced Board: BLKB's board of directors are considered experienced (5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Basellandschaftliche Kantonalbank's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Basellandschaftliche Kantonalbank
  • Ticker: BLKB
  • Exchange: SWX
  • Founded: 1864
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: CHF1.888b
  • Shares outstanding: 2.17m
  • Website: https://www.blkb.ch

Number of Employees


Location

  • Basellandschaftliche Kantonalbank
  • Rheinstrasse 7
  • Liestal
  • Basel-Landschaft
  • 4410
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BLKBSWX (SIX Swiss Exchange)YesBearer CertificatesCHCHFJan 1992
0QQ4LSE (London Stock Exchange)YesBearer CertificatesGBCHFJan 1992
294BST (Boerse-Stuttgart)YesBearer CertificatesDEEURJan 1992

Biography

Basellandschaftliche Kantonalbank provides various banking products and services to the private, institutional, business, and public sector customers in Switzerland. It offers savings and deposit products, cash bonds, mortgage-backed bonds, securities-backed loans, and mortgage loans. The company also trades in foreign exchange, precious metals, and securities. It operates through 20 branches in the Canton of Basel-Landschaft, a branch in Breitenbach, and a private banking outlet in Basel. The company also operates a mobile bank that serves various municipalities in the canton of Basel-Landschaft. The company was founded in 1864 and is headquartered in Liestal, Switzerland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/04 20:56
End of Day Share Price2020/07/03 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.