Liechtensteinische Landesbank Aktiengesellschaft provides banking products and services in Liechtenstein, Switzerland, Austria, Germany, Central and Eastern Europe, the Middle East, and internationally. More Details
Solid track record with excellent balance sheet and pays a dividend.
Share Price & News
How has Liechtensteinische Landesbank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LLBN has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: LLBN underperformed the Swiss Banks industry which returned 1.9% over the past year.
Return vs Market: LLBN underperformed the Swiss Market which returned 4.4% over the past year.
Price Volatility Vs. Market
How volatile is Liechtensteinische Landesbank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHere's How We Evaluate Liechtensteinische Landesbank Aktiengesellschaft's (VTX:LLBN) Dividend
1 month ago | Simply Wall StShareholders Of Liechtensteinische Landesbank (VTX:LLBN) Must Be Happy With Their 71% Return
2 months ago | Simply Wall StWhat Does Liechtensteinische Landesbank's (VTX:LLBN) CEO Pay Reveal?
Is Liechtensteinische Landesbank undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LLBN (CHF53.6) is trading above our estimate of fair value (CHF49.09)
Significantly Below Fair Value: LLBN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LLBN is good value based on its PE Ratio (14.2x) compared to the CH Banks industry average (15.7x).
PE vs Market: LLBN is good value based on its PE Ratio (14.2x) compared to the Swiss market (22.8x).
Price to Earnings Growth Ratio
PEG Ratio: LLBN is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: LLBN's PB Ratio (0.9x) is in line with the CH Banks industry average.
How is Liechtensteinische Landesbank forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LLBN's forecast earnings growth (9% per year) is above the savings rate (-0.2%).
Earnings vs Market: LLBN's earnings (9% per year) are forecast to grow slower than the Swiss market (10.9% per year).
High Growth Earnings: LLBN's earnings are forecast to grow, but not significantly.
Revenue vs Market: LLBN's revenue (5.5% per year) is forecast to grow faster than the Swiss market (4.6% per year).
High Growth Revenue: LLBN's revenue (5.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LLBN's Return on Equity is forecast to be low in 3 years time (6.1%).
How has Liechtensteinische Landesbank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LLBN has high quality earnings.
Growing Profit Margin: LLBN's current net profit margins (26.2%) are higher than last year (21.5%).
Past Earnings Growth Analysis
Earnings Trend: LLBN's earnings have grown by 5.5% per year over the past 5 years.
Accelerating Growth: LLBN's earnings growth over the past year (22.8%) exceeds its 5-year average (5.5% per year).
Earnings vs Industry: LLBN earnings growth over the past year (22.8%) exceeded the Banks industry -0.2%.
Return on Equity
High ROE: LLBN's Return on Equity (6%) is considered low.
How is Liechtensteinische Landesbank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: LLBN's Assets to Equity ratio (11.7x) is moderate.
Allowance for Bad Loans: LLBN has a low allowance for bad loans (33%).
Low Risk Liabilities: 82% of LLBN's liabilities are made up of primarily low risk sources of funding.
Loan Level: LLBN has an appropriate level of Loans to Assets ratio (54%).
Low Risk Deposits: LLBN's Loans to Deposits ratio (72%) is appropriate.
Level of Bad Loans: LLBN has an appropriate level of bad loans (1.8%).
What is Liechtensteinische Landesbank current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LLBN's dividend (4.1%) is higher than the bottom 25% of dividend payers in the Swiss market (1.91%).
High Dividend: LLBN's dividend (4.1%) is in the top 25% of dividend payers in the Swiss market (3.71%)
Stability and Growth of Payments
Stable Dividend: LLBN's dividend payments have been volatile in the past 10 years.
Growing Dividend: LLBN's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (58.4%), LLBN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LLBN's dividends in 3 years are forecast to be covered by earnings (57% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Roland Matt (50 yo)
Mr. Roland Matt serves as Member of Supervisory Board at Liechtensteinische Landesbank (Österreich) AG. Mr. Matt studied Business economist FH in 1995, Federally qualified financial analyst and asset mana ...
CEO Compensation Analysis
Compensation vs Market: Roland's total compensation ($USD1.46M) is about average for companies of similar size in the Swiss market ($USD1.21M).
Compensation vs Earnings: Roland's compensation has been consistent with company performance over the past year.
|Group CEO & Group Chairman of Executive Board||8.67yrs||CHF1.33m||0.054% |
|Group CFO & Member of Executive Board||8.17yrs||no data||0.038% |
|Head of Retail & Corporate Banking Division||9.42yrs||no data||0.070% |
|Division Head of Private Banking Division & Member of Management Board||7.92yrs||no data||0.069% |
|Head of Institutional Clients Division & Member of Executive Board||4.17yrs||no data||0.0083% |
|Head of the Group COO Division & Member of Executive Board||1.67yrs||no data||0.026% |
|Head of Group Legal & Compliance||3.5yrs||no data||no data|
|Head of Group Corporate Communications & General Secretary||no data||no data||no data|
|Head of Group Marketing||no data||no data||no data|
|Group Corporate Development||no data||no data||no data|
|Head of Group Human Resources||no data||no data||no data|
|Head of Retail & Corporate Banking Liechtenstein||no data||no data||no data|
Experienced Management: LLBN's management team is seasoned and experienced (7.9 years average tenure).
|Independent Director||1.33yrs||CHF49.00k||no data|
|Independent Director||6.33yrs||CHF102.00k||0.0038% |
|Independent Chairman of the Board||3.33yrs||CHF420.00k||0.0021% |
|Independent Director||7.33yrs||CHF98.00k||0.0047% |
|Independent Vice-Chairwoman of the Board||2.33yrs||CHF165.00k||0.0037% |
|Independent Director||2.33yrs||CHF102.00k||0.00098% |
|Independent Director||2.33yrs||CHF89.00k||no data|
Experienced Board: LLBN's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Liechtensteinische Landesbank Aktiengesellschaft's company bio, employee growth, exchange listings and data sources
- Name: Liechtensteinische Landesbank Aktiengesellschaft
- Ticker: LLBN
- Exchange: SWX
- Founded: 1861
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: CHF1.635b
- Shares outstanding: 30.51m
- Website: https://www.llb.li
Number of Employees
- Liechtensteinische Landesbank Aktiengesellschaft
- Städtle 44
- PO Box 384
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|0RP8||LSE (London Stock Exchange)||Yes||Registered Shares||GB||CHF||Jun 1993|
|LLBN||SWX (SIX Swiss Exchange)||Yes||Registered Shares||CH||CHF||Jun 1993|
|LLS1||BST (Boerse-Stuttgart)||Yes||Registered Shares||DE||EUR||Jun 1993|
|LLBNZ||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Registered Shares||GB||CHF||Jun 1993|
Liechtensteinische Landesbank Aktiengesellschaft provides banking products and services in Liechtenstein, Switzerland, Austria, Germany, Central and Eastern Europe, the Middle East, and internationally. It ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/21 05:19|
|End of Day Share Price||2020/09/18 00:00|
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.