Credit Suisse Group AG, through its subsidiaries, provides various financial services in Switzerland, Europe, the Middle East, Africa, the Americas, and Asia Pacific.
Undervalued with solid track record.
Share Price & News
How has Credit Suisse Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CSGN's share price has been volatile over the past 3 months.
7 Day Return
CH Capital Markets
1 Year Return
CH Capital Markets
Return vs Industry: CSGN underperformed the Swiss Capital Markets industry which returned -4% over the past year.
Return vs Market: CSGN underperformed the Swiss Market which returned 3.8% over the past year.
Price Volatility Vs. Market
How volatile is Credit Suisse Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StDid You Manage To Avoid Credit Suisse Group's (VTX:CSGN) Painful 66% Share Price Drop?
4 weeks ago | Simply Wall StIs Credit Suisse Group AG (VTX:CSGN) A Smart Choice For Dividend Investors?
1 month ago | Simply Wall StIs It Too Late To Consider Buying Credit Suisse Group AG (VTX:CSGN)?
Is Credit Suisse Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CSGN (CHF9.81) is trading below our estimate of fair value (CHF11)
Significantly Below Fair Value: CSGN is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CSGN is good value based on its PE Ratio (6.2x) compared to the Capital Markets industry average (20.6x).
PE vs Market: CSGN is good value based on its PE Ratio (6.2x) compared to the Swiss market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: CSGN is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: CSGN is good value based on its PB Ratio (0.5x) compared to the CH Capital Markets industry average (1.2x).
How is Credit Suisse Group forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CSGN's forecast earnings growth (12.6% per year) is above the savings rate (-0.2%).
Earnings vs Market: CSGN's earnings (12.6% per year) are forecast to grow faster than the Swiss market (8.7% per year).
High Growth Earnings: CSGN's earnings are forecast to grow, but not significantly.
Revenue vs Market: CSGN's revenue (2.7% per year) is forecast to grow faster than the Swiss market (2.4% per year).
High Growth Revenue: CSGN's revenue (2.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CSGN's Return on Equity is forecast to be low in 3 years time (6.4%).
How has Credit Suisse Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CSGN has high quality earnings.
Growing Profit Margin: CSGN's current net profit margins (18.1%) are higher than last year (10.2%).
Past Earnings Growth Analysis
Earnings Trend: CSGN's earnings have grown significantly by 31.5% per year over the past 5 years.
Accelerating Growth: CSGN's earnings growth over the past year (91.3%) exceeds its 5-year average (31.5% per year).
Earnings vs Industry: CSGN earnings growth over the past year (91.3%) exceeded the Capital Markets industry 15%.
Return on Equity
High ROE: CSGN's Return on Equity (8.2%) is considered low.
How is Credit Suisse Group'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: CSGN's Assets to Equity ratio (17.1x) is moderate.
Allowance for Bad Loans: CSGN has a low allowance for bad loans (79%).
Low Risk Liabilities: 53% of CSGN's liabilities are made up of primarily low risk sources of funding.
Loan Level: CSGN has an appropriate level of Loans to Assets ratio (36%).
Low Risk Deposits: CSGN's Loans to Deposits ratio (73%) is appropriate.
Level of Bad Loans: CSGN has an appropriate level of bad loans (0.6%).
What is Credit Suisse Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CSGN's dividend (1.41%) isn’t notable compared to the bottom 25% of dividend payers in the Swiss market (1.94%).
High Dividend: CSGN's dividend (1.41%) is low compared to the top 25% of dividend payers in the Swiss market (3.84%).
Stability and Growth of Payments
Stable Dividend: CSGN's dividend payments have been volatile in the past 10 years.
Growing Dividend: CSGN's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (8.7%), CSGN's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CSGN's dividends in 3 years are forecast to be well covered by earnings (23.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Thomas Gottstein (55yo)
Mr. Thomas P. Gottstein serves as Director at Credit Suisse (Schweiz) AG since April 30, 2020. Mr. Gottstein serves as Chief Executive Officer of Credit Suisse Group AG and Credit Suisse AG since February ...
|Member of the Executive Board & CEO||0.33yr||no data||0.0063% CHF1.5m|
|CFO & Member of the Executive Board||9.67yrs||no data||0.0035% CHF828.6k|
|Group Chief Risk Officer & Member of the Executive Board||4.67yrs||no data||no data|
|General Counsel & Member of the Executive Board||11.17yrs||no data||0.013% CHF3.2m|
|COO & Member of Executive Board||0.67yr||no data||0.0042% CHF981.6k|
|CEO of Investment Banking & Capital Markets and Member of Executive Board||1.42yrs||no data||no data|
|CEO of the Asia-Pacific Division & Member of the Executive Board||4.67yrs||no data||0.011% CHF2.6m|
|CEO of Global Markets & Member of Executive Board||3.75yrs||no data||0.021% CHF4.8m|
|Global Head of Human Resources & Member of Executive Board||1.33yrs||no data||0.0051% CHF1.2m|
|Chief Compliance and Regulatory Affairs Officer & Member of Executive Board||1.33yrs||no data||0.0011% CHF256.6k|
Experienced Management: CSGN's management team is considered experienced (2.6 years average tenure).
|Honorary Chairman||20.42yrs||no data||no data|
|Independent Chairman of the Board||9.17yrs||CHF4.72m||0.012% CHF2.9m|
|Independent Director||7.17yrs||CHF675.00k||0.014% CHF3.2m|
|Non-Executive Director||0.17yr||no data||no data|
|Independent Director||11.17yrs||CHF955.00k||0.012% CHF2.7m|
|Vice Chair & Lead Independent Director||3.42yrs||CHF400.00k||0.0061% CHF1.4m|
|Independent Director||5.17yrs||CHF350.00k||0.0026% CHF621.4k|
|Independent Director||8.17yrs||CHF350.00k||0.0031% CHF734.4k|
|Independent Director||3.17yrs||CHF450.00k||0.0021% CHF503.7k|
|Independent Director||4.17yrs||CHF400.00k||0.0022% CHF522.6k|
Experienced Board: CSGN's board of directors are considered experienced (6.2 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.
Credit Suisse Group AG's company bio, employee growth, exchange listings and data sources
- Name: Credit Suisse Group AG
- Ticker: CSGN
- Exchange: SWX
- Founded: 1856
- Industry: Diversified Capital Markets
- Sector: Diversified Financials
- Market Cap: CHF23.539b
- Shares outstanding: 2.40b
- Website: https://www.credit-suisse.com
Number of Employees
- Credit Suisse Group AG
- Paradeplatz 8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CSGK.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jan 1992|
|CSX||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 1992|
|CSGN||SWX (SIX Swiss Exchange)||Yes||Common Shares||CH||CHF||Jan 1992|
|0QP5||LSE (London Stock Exchange)||Yes||Common Shares||GB||CHF||Jan 1992|
|CSX||XTRA (XETRA Trading Platform)||Yes||Common Shares||DE||EUR||Jan 1992|
|CS||NYSE (New York Stock Exchange)||SPON ADR-REP 1 ORD CHF0.40(REGD)||US||USD||May 1993|
|CS N||BMV (Bolsa Mexicana de Valores)||SPON ADR-REP 1 ORD CHF0.40(REGD)||MX||MXN||May 1993|
|CSX1||DB (Deutsche Boerse AG)||SPON ADR-REP 1 ORD CHF0.40(REGD)||DE||EUR||May 1993|
|CSX1||XTRA (XETRA Trading Platform)||SPON ADR-REP 1 ORD CHF0.40(REGD)||DE||EUR||May 1993|
|0I4P||LSE (London Stock Exchange)||SPON ADR-REP 1 ORD CHF0.40(REGD)||GB||USD||May 1993|
|CSGNE||SWX (SIX Swiss Exchange)||CHF0.04 (2ND BUYBACK LINE)||CH||CHF||Jan 2019|
Credit Suisse Group AG, through its subsidiaries, provides various financial services in Switzerland, Europe, the Middle East, Africa, the Americas, and Asia Pacific. It operates through Swiss Universal Bank, International Wealth Management, Asia Pacific, Global Markets, and Investment Banking & Capital Markets segments. The company offers private banking and wealth management solutions, including advisory, investment, financial planning, succession planning, and trust services; and financing and lending, and multi-shore platform solutions. It also provides traditional and structured lending, payment, foreign exchange, capital goods leasing, merger and acquisition, syndication, structured finance, commodity trade finance, trade finance, structured trade finance, export finance, factoring, fund management and administration, fund design, custody, ship and aviation finance, securities, cash, and treasury services. In addition, the company offers asset management products; equity and debt underwriting, and advisory services; cash equities, equity derivatives, and convertibles, as well as prime services; and fixed income products, such as credit, securitized, macro, emerging markets, financing, structured credit, and other products. Further, it provides HOLT, a framework for assessing the performance of approximately 20,000 companies; and equity and fixed income research services. The company serves private and institutional clients; ultra-high-net-worth individuals, high-net-worth individuals, and affluent and retail clients; corporate clients, small and medium-sized enterprises, external asset managers, financial institutions, and commodity traders; and pension funds, governments, foundations and endowments, corporations, entrepreneurs, private individuals, financial sponsors, and sovereign clients. As of December 31, 2019, it operated through a network of 344 offices and branches. The company was founded in 1856 and is based in Zurich, Switzerland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/04 09:14|
|End of Day Share Price||2020/06/03 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.