Luzerner Kantonalbank AG provides various banking products and services to individuals, companies, institutions, families, and non-profit organizations in Switzerland. More Details
No risks detected for LUKN from our risk checks.
Excellent balance sheet established dividend payer.
Share Price & News
How has Luzerner Kantonalbank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LUKN is less volatile than 75% of Swiss stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: LUKN's weekly volatility (2%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: LUKN exceeded the Swiss Banks industry which returned 3.3% over the past year.
Return vs Market: LUKN underperformed the Swiss Market which returned 17.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Luzerner Kantonalbank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIs Luzerner Kantonalbank AG (VTX:LUKN) A Smart Pick For Income Investors?
5 months ago | Simply Wall StIs Luzerner Kantonalbank AG (VTX:LUKN) A Smart Choice For Dividend Investors?
8 months ago | Simply Wall StDoes Luzerner Kantonalbank's (VTX:LUKN) Share Price Gain of 12% Match Its Business Performance?
Is Luzerner Kantonalbank 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: LUKN (CHF424.5) is trading above our estimate of fair value (CHF270.38)
Significantly Below Fair Value: LUKN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LUKN is poor value based on its PE Ratio (16.4x) compared to the Swiss Banks industry average (16.1x).
PE vs Market: LUKN is good value based on its PE Ratio (16.4x) compared to the Swiss market (24.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LUKN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LUKN is overvalued based on its PB Ratio (1.2x) compared to the CH Banks industry average (0.9x).
How is Luzerner Kantonalbank forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if LUKN's forecast earnings growth is above the savings rate (-0.3%).
Earnings vs Market: Insufficient data to determine if LUKN's earnings are forecast to grow faster than the Swiss market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: LUKN's revenue (0.9% per year) is forecast to grow slower than the Swiss market (4.5% per year).
High Growth Revenue: LUKN's revenue (0.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LUKN's Return on Equity is forecast to be low in 3 years time (6.9%).
How has Luzerner Kantonalbank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LUKN has high quality earnings.
Growing Profit Margin: LUKN's current net profit margins (39.2%) are lower than last year (40.9%).
Past Earnings Growth Analysis
Earnings Trend: LUKN's earnings have grown by 3.3% per year over the past 5 years.
Accelerating Growth: LUKN's earnings growth over the past year (8.8%) exceeds its 5-year average (3.3% per year).
Earnings vs Industry: LUKN earnings growth over the past year (8.8%) exceeded the Banks industry 0.6%.
Return on Equity
High ROE: LUKN's Return on Equity (7.3%) is considered low.
How is Luzerner Kantonalbank'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: LUKN's Assets to Equity ratio (16.3x) is moderate.
Allowance for Bad Loans: LUKN has a sufficient allowance for bad loans (239%).
Low Risk Liabilities: 55% of LUKN's liabilities are made up of primarily low risk sources of funding.
Loan Level: LUKN has an appropriate level of Loans to Assets ratio (72%).
Low Risk Deposits: LUKN's Loans to Deposits ratio (138%) is high.
Level of Bad Loans: LUKN has an appropriate level of bad loans (0.2%).
What is Luzerner Kantonalbank current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LUKN's dividend (2.94%) is higher than the bottom 25% of dividend payers in the Swiss market (1.52%).
High Dividend: LUKN's dividend (2.94%) is low compared to the top 25% of dividend payers in the Swiss market (3.6%).
Stability and Growth of Payments
Stable Dividend: LUKN's dividends per share have been stable in the past 10 years.
Growing Dividend: LUKN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48.4%), LUKN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LUKN's dividends in 3 years are forecast to be well covered by earnings (49.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Daniel Salzmann (56 yo)
Mr. Daniel Salzmann has been Chief Executive Officer at Luzerner Kantonalbank AG since July 2014 and has been its Member of Executive Board since 2004. Mr. Salzmann serves as Head of Presidential Departmen...
CEO Compensation Analysis
Compensation vs Market: Daniel's total compensation ($USD1.39M) is about average for companies of similar size in the Swiss market ($USD1.48M).
Compensation vs Earnings: Daniel's compensation has been consistent with company performance over the past year.
Experienced Management: LUKN's management team is seasoned and experienced (11.3 years average tenure).
Experienced Board: LUKN's board of directors are considered experienced (4.1 years average tenure).
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.
Luzerner Kantonalbank AG's company bio, employee growth, exchange listings and data sources
- Name: Luzerner Kantonalbank AG
- Ticker: LUKN
- Exchange: SWX
- Founded: 1850
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: CHF3.599b
- Shares outstanding: 8.48m
- Website: https://www.lukb.ch
Number of Employees
- Luzerner Kantonalbank AG
- Pilatusstrasse 12
Luzerner Kantonalbank AG provides various banking products and services to individuals, companies, institutions, families, and non-profit organizations in Switzerland. It offers accounts and deposit produc...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/16 00:47|
|End of Day Share Price||2021/05/14 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.