Thurgauer Kantonalbank Past Earnings Performance

Past criteria checks 4/6

Thurgauer Kantonalbank has been growing earnings at an average annual rate of 3.9%, while the Banks industry saw earnings growing at 24% annually. Revenues have been growing at an average rate of 5% per year. Thurgauer Kantonalbank's return on equity is 5.9%, and it has net margins of 38.2%.

Key information

3.9%

Earnings growth rate

3.9%

EPS growth rate

Banks Industry Growth	21.2%
Revenue growth rate	5.0%
Return on equity	5.9%
Net Margin	38.2%
Last Earnings Update	30 Jun 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Thurgauer Kantonalbank makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BATS-CHIXE:TKBPZ Revenue, expenses and earnings (CHF Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	419	160	201
31 Mar 24	423	159	200
31 Dec 23	427	159	199
30 Sep 23	416	156	196
30 Jun 23	405	153	193
31 Mar 23	389	150	189
31 Dec 22	373	148	185
30 Sep 22	364	147	178
30 Jun 22	356	147	172
31 Mar 22	354	146	170
31 Dec 21	352	146	169
30 Sep 21	352	144	170
30 Jun 21	352	143	172
31 Mar 21	347	141	174
31 Dec 20	342	139	177
30 Sep 20	343	136	180
30 Jun 20	344	133	182
31 Mar 20	343	134	178
31 Dec 19	341	135	174
30 Sep 19	340	134	172
30 Jun 19	339	133	170
31 Mar 19	341	134	171
31 Dec 18	343	134	171
30 Sep 18	343	132	170
30 Jun 18	344	130	168
31 Mar 18	339	130	167
31 Dec 17	335	129	166
30 Sep 17	335	130	166
30 Jun 17	335	131	166
31 Mar 17	335	129	168
31 Dec 16	334	126	169
30 Sep 16	327	116	172
30 Jun 16	320	106	174
31 Mar 16	321	114	173
31 Dec 15	323	122	172
30 Sep 15	325	130	174
30 Jun 15	326	137	175
31 Mar 15	320	125	175
31 Dec 14	314	112	175
30 Sep 14	303	110	167
30 Jun 14	292	108	160
31 Mar 14	290	104	164
31 Dec 13	289	100	167

Quality Earnings: TKBPZ has high quality earnings.

Growing Profit Margin: TKBPZ's current net profit margins (38.2%) are higher than last year (37.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TKBPZ's earnings have grown by 3.9% per year over the past 5 years.

Accelerating Growth: TKBPZ's earnings growth over the past year (4.4%) exceeds its 5-year average (3.9% per year).

Earnings vs Industry: TKBPZ earnings growth over the past year (4.4%) did not outperform the Banks industry 10.1%.

Return on Equity

High ROE: TKBPZ's Return on Equity (5.9%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 12:58
End of Day Share Price	2024/12/19 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Thurgauer Kantonalbank is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Christian Schmidiger	Zürcher Kantonalbank
AUSANO CAJRATI_CRIVELLI	Zürcher Kantonalbank