SWX:WKBN

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Walliser Kantonalbank

Executive Summary

Walliser Kantonalbank provides various banking products and services in Switzerland. More Details


Snowflake Analysis

Adequate balance sheet with acceptable track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

1.9%

WKBN

0.9%

CH Banks

0.8%

CH Market


1 Year Return

-4.3%

WKBN

1.6%

CH Banks

4.2%

CH Market

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

Return vs Market: WKBN underperformed the Swiss Market which returned 4.4% over the past year.


Shareholder returns

WKBNIndustryMarket
7 Day1.9%0.9%0.8%
30 Day3.3%-0.4%1.9%
90 Day6.3%0.8%3.2%
1 Year-1.3%-4.3%5.4%1.6%7.8%4.2%
3 Year24.9%14.9%18.5%6.9%22.8%7.9%
5 Yearn/a38.9%17.1%45.4%21.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

16.91x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: WKBN (CHF110) is trading above our estimate of fair value (CHF46.17)

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


Price To Earnings Ratio

PE vs Industry: WKBN is poor value based on its PE Ratio (16.9x) compared to the CH Banks industry average (15.7x).

PE vs Market: WKBN is good value based on its PE Ratio (16.9x) compared to the Swiss market (22.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: WKBN is overvalued based on its PB Ratio (1.2x) compared to the CH Banks industry average (0.9x).


Next Steps

Future Growth

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

5.0%

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 Walliser 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 Walliser Kantonalbank performed over the past 5 years?

7.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WKBN has high quality earnings.

Growing Profit Margin: WKBN's current net profit margins (42.7%) are higher than last year (42.3%).


Past Earnings Growth Analysis

Earnings Trend: WKBN's earnings have grown by 7.1% per year over the past 5 years.

Accelerating Growth: WKBN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: WKBN had negative earnings growth (-0.4%) over the past year, making it difficult to compare to the Banks industry average (-0.2%).


Return on Equity

High ROE: WKBN's Return on Equity (4.8%) is considered low.


Next Steps

Financial Health

How is Walliser 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: WKBN's Assets to Equity ratio (12.6x) is moderate.

Allowance for Bad Loans: WKBN has a low allowance for bad loans (30%).

Low Risk Liabilities: 64% of WKBN's liabilities are made up of primarily low risk sources of funding.

Loan Level: WKBN has an appropriate level of Loans to Assets ratio (72%).

Low Risk Deposits: WKBN's Loans to Deposits ratio (122%) is appropriate.

Level of Bad Loans: WKBN has a high level of bad loans (2.8%).


Next Steps

Dividend

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

3.05%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: WKBN's dividend (3.05%) is higher than the bottom 25% of dividend payers in the Swiss market (1.97%).

High Dividend: WKBN's dividend (3.05%) is low compared to the top 25% of dividend payers in the Swiss market (3.74%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, WKBN has been paying a dividend for less than 10 years.

Growing Dividend: WKBN's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (51.5%), WKBN'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?

6.3yrs

Average board tenure


CEO

Pascal Perruchoud (62 yo)

8.67yrs

Tenure

CHF1,045,000

Compensation

Mr. Pascal Perruchoud serves as Chairman of Senior Management at Banque Cantonale du Valais and served as its Chairman of The General Management since May 23, 2012. Mr. Perruchoud served as Head of Valoris ...


CEO Compensation Analysis

Compensation vs Market: Pascal's total compensation ($USD1.15M) is about average for companies of similar size in the Swiss market ($USD1.18M).

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


Board Members

NamePositionTenureCompensationOwnership
Gabriel Décaillet
Secretary & Independent Director7.67yrsCHF108.00k0.015%
CHF 258.6k
Chantal Emery
Independent Director11.33yrsCHF97.00k0.0021%
CHF 36.8k
Fernand Mariétan
Independent Director11.33yrsCHF92.00k0.012%
CHF 213.5k
Stephan Imboden
Independent Vice Chairman of the Board3.42yrsCHF133.00k0.044%
CHF 760.1k
Ivan Rouvinet
Independent Director11.33yrsCHF90.00k0.0048%
CHF 83.6k
Pascal Indermitte
Independent Director6.33yrsCHF94.00k0.0048%
CHF 82.5k
Jean-Albert Ferrez
Independent Director3.67yrsCHF107.00k0.0023%
CHF 40.3k
Pierre-Alain Grichting
Independent Chairman of the Board2.33yrsCHF249.00k0.010%
CHF 179.9k
Sandra Lathion
Independent Director2yrsCHF89.00k0.00034%
CHF 5.9k

6.3yrs

Average Tenure

58yo

Average Age

Experienced Board: WKBN's board of directors are considered experienced (6.3 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

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


Key Information

  • Name: Walliser Kantonalbank
  • Ticker: WKBN
  • Exchange: SWX
  • Founded: 1917
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: CHF1.730b
  • Shares outstanding: 15.73m
  • Website: https://www.bcvs.ch

Number of Employees


Location

  • Walliser Kantonalbank
  • Place des Cèdres 8
  • Sion
  • Valais
  • 1951
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WKBNSWX (SIX Swiss Exchange)YesRegistered SharesCHCHFJan 2016
0RE6LSE (London Stock Exchange)YesRegistered SharesGBCHFJan 2016

Biography

Walliser Kantonalbank provides various banking products and services in Switzerland. It offers Euro and savings plus accounts; investment products; wealth management services; and e-trade, and e-banking an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/19 02:52
End of Day Share Price2020/09/18 00:00
Earnings2020/06/30
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.