SWX:WKBN

Stock Analysis Report

Walliser Kantonalbank

Executive Summary

Walliser Kantonalbank provides various banking products and services in Switzerland.

Snowflake

Fundamentals

Adequate balance sheet with questionable track record.

Risks

  • Walliser Kantonalbank is not covered by any analysts.

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


Market Performance


7 Day Return

-0.9%

SWX:WKBN

1.5%

CH Banks

2.1%

CH Market


1 Year Return

6.4%

SWX:WKBN

-2.2%

CH Banks

2.8%

CH Market

WKBN outperformed the Banks industry which returned -2.5% over the past year.

WKBN outperformed the Market in Switzerland which returned 3.3% over the past year.


Share holder returns

WKBNIndustryMarket
7 Day-0.9%1.5%2.1%
30 Day0.9%-0.6%-1.3%
90 Day-2.9%-2.5%1.5%
1 Year9.3%6.4%1.2%-2.2%8.1%2.8%
3 Year67.6%53.4%20.7%8.9%30.7%14.2%
5 Yearn/a45.7%21.9%33.1%12.4%

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 based on future cash flows and its price relative to the stock market?

17.88x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Walliser Kantonalbank's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Walliser Kantonalbank's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Walliser Kantonalbank is overvalued based on earnings compared to the CH Banks industry average.

Walliser Kantonalbank is overvalued based on earnings compared to the Switzerland market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Walliser Kantonalbank, we can't assess if its growth is good value.


Price Based on Value of Assets

Walliser Kantonalbank is overvalued based on assets compared to the CH Banks industry average.


Next Steps

Future Growth

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

-1.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Walliser Kantonalbank is high growth as no revenue estimate data is available.

Walliser Kantonalbank's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare Walliser Kantonalbank's revenue growth to the Switzerland market average as no estimate data is available.

Walliser Kantonalbank's earnings are expected to decrease over the next 1-3 years, this is below the Switzerland market average.

Walliser Kantonalbank's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 3.3%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Walliser Kantonalbank will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Walliser Kantonalbank performed over the past 5 years?

12.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Walliser Kantonalbank's year on year earnings growth rate has been positive over the past 5 years.

Walliser Kantonalbank's 1-year earnings growth is less than its 5-year average (2.5% vs 12.9%)

Walliser Kantonalbank's earnings growth has not exceeded the CH Banks industry average in the past year (2.5% vs 2.5%).


Return on Equity

Walliser Kantonalbank has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Walliser Kantonalbank used its assets more efficiently than the CH Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Walliser Kantonalbank improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


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

Information is not available.

Information is not available.


Financial Institutions Analysis

Walliser Kantonalbank has an acceptable proportion of non-loan assets held.

Walliser Kantonalbank has a low allowance for bad loans.

Walliser Kantonalbank's liabilities are made up of primarily low risk sources of funding.

Walliser Kantonalbank's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at Walliser Kantonalbank are broadly funded by customer deposits.

Walliser Kantonalbank has a high level of bad loans (greater than 2%).


Next Steps

Dividend

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

2.89%

Current Dividend Yield


Dividend Yield and Payments Analysis

Walliser Kantonalbank's pays a higher dividend yield than the bottom 25% of dividend payers in Switzerland (2%).

Walliser Kantonalbank's dividend is below the markets top 25% of dividend payers in Switzerland (3.84%).

Whilst dividend payments have been stable, Walliser Kantonalbank has been paying a dividend for less than 10 years.

Dividend payments have increased, but Walliser Kantonalbank only paid a dividend in the past 2 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.9x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Walliser Kantonalbank's salary, the management and board of directors tenure and is there insider trading?

5.3yrs

Average board tenure


CEO

Pascal Perruchoud (61yo)

7.6yrs

Tenure

CHF1,043,000

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

Pascal's remuneration is about average for companies of similar size in Switzerland.

Pascal's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

5.3yrs

Average Tenure

57yo

Average Age

The tenure for the Walliser Kantonalbank board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Pascal Perruchoud (61yo)

    Chairman of Senior Management

    • Tenure: 7.6yrs
    • Compensation: CHF1.04m
  • Eliane Gaspoz

    Head of Human Resources Department & Deputy Director

    • Tenure: 0.0yrs
  • Jean-Yves Pannatier

    Director of the Retail

    • Tenure: 0.0yrs
  • Claude-Alain Karlen

    Head of Risk Management & Deputy Director

    • Tenure: 0.0yrs
  • Grégoire Luyet

    Head of Finance & Credit Projects and Vice Director

    • Tenure: 0.0yrs
  • Philippe Métrailler

    Deputy Director & Head of Services

    • Tenure: 0.0yrs
  • Daniel Rossi (65yo)

    Director General of the Services Division

    • Tenure: 0.0yrs
  • Gabriel Décaillet (57yo)

    Secretary & Director

    • Tenure: 6.6yrs
    • Compensation: CHF105.00k
  • Raphaël Balet

    Head of Department Legal Affairs & Compliance and Deputy Director

    • Tenure: 0.0yrs
  • Christian Donzé (56yo)

    General Director and Head of Finance & Loan

    • Tenure: 0.0yrs

Board Members

  • Chantal Emery (67yo)

    Director

    • Tenure: 10.3yrs
    • Compensation: CHF94.00k
  • Fernand Mariétan (67yo)

    Director

    • Tenure: 10.3yrs
    • Compensation: CHF93.00k
  • Stephan Imboden (63yo)

    Vice Chairman of the Board

    • Tenure: 2.3yrs
    • Compensation: CHF131.00k
  • Ivan Rouvinet (69yo)

    Director

    • Tenure: 10.3yrs
    • Compensation: CHF93.00k
  • Gabriel Décaillet (57yo)

    Secretary & Director

    • Tenure: 6.6yrs
    • Compensation: CHF105.00k
  • Pascal Indermitte (45yo)

    Director

    • Tenure: 5.3yrs
    • Compensation: CHF95.00k
  • Jean-Albert Ferrez (48yo)

    Director

    • Tenure: 2.6yrs
    • Compensation: CHF87.00k
  • Pierre-Alain Grichting (52yo)

    Chairman of the Board

    • Tenure: 1.3yrs
    • Compensation: CHF182.00k
  • Sandra Lathion (43yo)

    Director

    • Tenure: 0.9yrs
    • Compensation: CHF30.00k

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: CHF1.825b
  • 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 Analysis2019/08/22 22:07
End of Day Share Price2019/08/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.