SWX:SNBN

Stock Analysis Report

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Executive Summary

Schweizerische Nationalbank, an independent central bank, provides banking services to the Swiss Confederation.

Rewards

PE ratio (0x) is below the Swiss market (21.1x)

Risk Analysis

No risks detected for SNBN from our risk checks.


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

How has Schweizerische Nationalbank's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

6.3%

SNBN

3.3%

CH Diversified Financial

2.0%

CH Market


1 Year Return

6.5%

SNBN

0.7%

CH Diversified Financial

6.2%

CH Market

Return vs Industry: SNBN exceeded the Swiss Diversified Financial industry which returned 0.7% over the past year.

Return vs Market: SNBN matched the Swiss Market which returned 6.2% over the past year.


Shareholder returns

SNBNIndustryMarket
7 Day6.3%3.3%2.0%
30 Day9.9%1.0%0.4%
90 Day10.1%15.9%7.3%
1 Year6.9%6.5%2.5%0.7%9.8%6.2%
3 Year76.9%75.5%0.8%-5.8%21.8%9.1%
5 Year374.8%361.1%32.1%19.3%32.2%11.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Schweizerische Nationalbank undervalued compared to its fair value and its price relative to the market?

0.047x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SNBN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SNBN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SNBN is good value based on its PE Ratio (0x) compared to the XE Diversified Financial industry average (9.7x).

PE vs Market: SNBN is good value based on its PE Ratio (0x) compared to the Swiss market (21.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SNBN is good value based on its PB Ratio (0x) compared to the XE Diversified Financial industry average (1x).


Next Steps

Future Growth

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

21.0%

Forecasted Diversified Financials 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 Schweizerische Nationalbank 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 Schweizerische Nationalbank performed over the past 5 years?

15.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SNBN has high quality earnings.

Growing Profit Margin: SNBN's current net profit margins (96.7%) are lower than last year (97.9%).


Past Earnings Growth Analysis

Earnings Trend: SNBN has become profitable over the past 5 years, growing earnings by 15.9% per year.

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

Earnings vs Industry: SNBN had negative earnings growth (-40.3%) over the past year, making it difficult to compare to the Diversified Financial industry average (4%).


Return on Equity

High ROE: SNBN's Return on Equity (6.8%) is considered low.


Next Steps

Financial Health

How is Schweizerische Nationalbank'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: SNBN's Assets to Equity ratio (5.8x) is low.

Allowance for Bad Loans: Insufficient data to determine if SNBN has a sufficient allowance for bad loans.

Low Risk Liabilities: 83% of SNBN's liabilities are made up of primarily low risk sources of funding.

Loan Level: SNBN has an appropriate level of Loans to Assets ratio (1%).

Low Risk Deposits: SNBN's Loans to Deposits ratio (2%) is appropriate.

Level of Bad Loans: Insufficient data to determine if SNBN has an appropriate level of bad loans.


Next Steps

Dividend

What is Schweizerische Nationalbank current dividend yield, its reliability and sustainability?

0.29%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SNBN's dividend (0.29%) isn’t notable compared to the bottom 25% of dividend payers in the Swiss market (1.77%).

High Dividend: SNBN's dividend (0.29%) is low compared to the top 25% of dividend payers in the Swiss market (3.74%).


Stability and Growth of Payments

Stable Dividend: SNBN is not paying a notable dividend for the Swiss market, therefore no need to check if payments are stable.

Growing Dividend: SNBN is not paying a notable dividend for the Swiss market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: SNBN is not paying a notable dividend for the Swiss market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SNBN's dividend in 3 years as they are not forecast to pay a notable one for the Swiss market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.1yrs

Average management tenure


CEO

Thomas Jordan (57 yo)

8.58yrs

Tenure

CHF1,236,500

Compensation

Mr. Thomas J. Jordan has been the Chairman of the Governing Board at Swiss National Bank since April 2012 and serves as its Head of Department I. Mr. Jordan served as the President of Swiss National Bank s ...


CEO Compensation Analysis

Compensation vs Market: Thomas's total compensation ($USD1.36M) is above average for companies of similar size in the Swiss market ($USD1.02M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Thomas Jordan
Chairman of the Governing Board & Head of Department I8.58yrsCHF1.24mno data
Fritz Zurbrügg
Vice-Chairman of Governing Board & Head of Department II5.08yrsCHF1.24mno data
Andréa Maechler
Head of Department III & Member of Governing Board 5.08yrsCHF1.20mno data
Hugo Bischof
Deputy Director of Premises & Technical Servicesno datano datano data
Martin Plenio
Director of Legal Servicesno datano datano data
Sabine Wey
Assistant Director of Complianceno datano datano data
Susanne Mühlemann
Deputy Director of Communications3.42yrsno datano data
Thomas Itten
Director of Human Resources and Director HR Executive Advice & Supportno datano datano data
Peter Schöpf
Director & Secretariat Generalno datano datano data
Chantal Irniger
Deputy Director of Controllingno datano datano data
Denise Tischhauser
Assistant Director of Back Office - Banking Operationsno datano datano data
Christoph Pfander
Assistant Director of HR Solutions4.25yrsno datano data

5.1yrs

Average Tenure

54.5yo

Average Age

Experienced Management: SNBN's management team is seasoned and experienced (5.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Olivier Steimer
Vice President of the Bank Council8.25yrsCHF77.60kno data
Shelby du Pasquier
Member of Bank Council8.25yrsCHF59.60kno data
Heinz Karrer
Member of Bank Council6.33yrsCHF59.00kno data
Christoph Lengwiler
Member of Bank Council8.25yrsCHF68.00kno data
Ernst Stocker
Member of the Bank Council10.25yrsCHF59.00kno data
Monika Bütler
Member of Bank Council10.33yrsCHF50.60kno data
Cédric Tille
Member of Bank Council9.33yrsCHF53.40kno data
Vania Alleva
Member of the Bank Council1.25yrsCHF30.00kno data
Barbara Steiner
President of the Bank Council1.58yrsCHF127.80kno data
Christian Vitta
Member of the Bank Council4.25yrsCHF45.00kno data
Christoph Ammann
Member of the Bank Council1.25yrsCHF30.00kno data

8.3yrs

Average Tenure

59yo

Average Age

Experienced Board: SNBN's board of directors are considered experienced (8.3 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

Schweizerische Nationalbank's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Schweizerische Nationalbank
  • Ticker: SNBN
  • Exchange: SWX
  • Founded: 1907
  • Industry: Specialized Finance
  • Sector: Diversified Financials
  • Market Cap: CHF522.000m
  • Shares outstanding: 100.00k
  • Website: https://www.snb.ch

Number of Employees


Location

  • Schweizerische Nationalbank
  • Börsenstrasse 15
  • Zurich
  • Zurich
  • 8022
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SNBNSWX (SIX Swiss Exchange)YesRegistered SharesCHCHFJan 1992
SWZN.FOTCPK (Pink Sheets LLC)YesRegistered SharesUSUSDJan 1992
0QKGLSE (London Stock Exchange)YesRegistered SharesGBCHFJan 1992
1Y4DB (Deutsche Boerse AG)YesRegistered SharesDEEURJan 1992

Biography

Schweizerische Nationalbank, an independent central bank, provides banking services to the Swiss Confederation. The company implements its monetary policy by steering the interest rate level on the money m ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 11:03
End of Day Share Price2020/08/13 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.