Berner Kantonalbank AG, a cantonal bank, offers various banking products and financial services to private individuals and corporate customers in Switzerland.
Flawless balance sheet established dividend payer.
Share Price & News
How has Berner Kantonalbank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0QM2's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 0QM2 underperformed the UK Banks industry which returned -6% over the past year.
Return vs Market: 0QM2 underperformed the UK Market which returned 7.1% over the past year.
Price Volatility Vs. Market
How volatile is Berner Kantonalbank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Berner Kantonalbank undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 0QM2 (CHF186.2) is trading above our estimate of fair value (CHF153.29)
Significantly Below Fair Value: 0QM2 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 0QM2 is poor value based on its PE Ratio (16x) compared to the Banks industry average (9.2x).
PE vs Market: 0QM2 is good value based on its PE Ratio (16x) compared to the UK market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: 0QM2 is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: 0QM2 is overvalued based on its PB Ratio (0.9x) compared to the GB Banks industry average (0.6x).
How is Berner Kantonalbank forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0QM2's forecast earnings growth (6.8% per year) is above the savings rate (0.5%).
Earnings vs Market: 0QM2's earnings (6.8% per year) are forecast to grow slower than the UK market (13% per year).
High Growth Earnings: 0QM2's earnings are forecast to grow, but not significantly.
Revenue vs Market: 0QM2's revenue (5.6% per year) is forecast to grow faster than the UK market (3.5% per year).
High Growth Revenue: 0QM2's revenue (5.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0QM2's Return on Equity is forecast to be low in 3 years time (6.1%).
How has Berner Kantonalbank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0QM2 has a large one-off gain of CHF44.5M impacting its June 30 2019 financial results.
Growing Profit Margin: 0QM2's current net profit margins (35.7%) are lower than last year (35.8%).
Past Earnings Growth Analysis
Earnings Trend: 0QM2's earnings have grown by 2% per year over the past 5 years.
Accelerating Growth: 0QM2's earnings growth over the past year (2.4%) exceeds its 5-year average (2% per year).
Earnings vs Industry: 0QM2 earnings growth over the past year (2.4%) underperformed the Banks industry 28.3%.
Return on Equity
High ROE: 0QM2's Return on Equity (5.5%) is considered low.
Return on Assets
Return on Capital Employed
How is Berner Kantonalbank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 0QM2 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 0QM2's debt is not covered by short term assets (assets are 0.6x debt).
Financial Institutions Analysis
Asset Level: 0QM2's level of assets compared to its equity is moderate.
Allowance for Bad Loans: 0QM2 has a sufficient allowance for bad loans.
Low Risk Liabilities: 0QM2's liabilities are made up of primarily low risk sources of funding.
Loan Level: 0QM2 has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0QM2's loans are broadly funded by customer deposits.
Level of Bad Loans: 0QM2 has an appropriate level of bad loans (0.06%)
What is Berner Kantonalbank's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 0QM2's dividend (3.32%) is higher than the bottom 25% of dividend payers in the UK market (1.79%).
High Dividend: 0QM2's dividend (3.32%) is low compared to the top 25% of dividend payers in the UK market (5.09%).
Stability and Growth of Payments
Stable Dividend: 0QM2's dividends per share have been stable in the past 10 years.
Growing Dividend: 0QM2's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53%), 0QM2's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0QM2's dividends in 3 years are forecast to be covered by earnings (54.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Armin Brun (54yo)
Mr. Armin Brun serves as Chief Executive Officer, Head of Department Investment Clients and Corporate Clients and Member of Management Board at Berner Kantonalbank AG since July 1, 2019. He served as Head ...
|CEO, Head of Investment Clients / Corporate Clients & Member of Management Board||0.6yrs||no data||0.0022% CHF48.2k|
|Head of Finance & Member of Management Board||1.1yrs||no data||0.051% CHF1.1m|
|Head of the Private Customers & Corporate Clients Department and Member of Management Board||1.1yrs||no data||no data|
|Head of Department Production & Operations and Member of Management Board||2.1yrs||no data||0.015% CHF340.6k|
|Head of Investment & Major Clients and Member of Management Board||0.2yrs||no data||no data|
|Head of Accounting & Controlling||0yrs||no data||no data|
|Investor Relations||0yrs||no data||no data|
|Head of Legal service & Compliance||0yrs||no data||no data|
|Head of Marketing||0yrs||no data||no data|
|Head of Human Resources & Training||0yrs||no data||no data|
Experienced Management: 0QM2's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
|Chairwoman of the Board||4.8yrs||CHF540.00k||0.016% CHF349.7k|
|Vice-Chairman of the Board||4.8yrs||CHF106.00k||0.038% CHF836.6k|
|Independent Director||11.8yrs||CHF118.00k||0.038% CHF836.6k|
|Independent Director||4.8yrs||CHF132.00k||0.0089% CHF199.4k|
|Director||0.8yrs||no data||no data|
|Director||0.8yrs||no data||no data|
|Director||0.8yrs||no data||no data|
Experienced Board: 0QM2's board of directors are considered experienced (4.3 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.
Berner Kantonalbank AG's company bio, employee growth, exchange listings and data sources
- Name: Berner Kantonalbank AG
- Ticker: 0QM2
- Exchange: LSE
- Founded: 1834
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: CHF2.230b
- Shares outstanding: 9.25m
- Website: https://www.bekb.ch
Number of Employees
- Berner Kantonalbank AG
- Bundesplatz 8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BEKN||SWX (SIX Swiss Exchange)||Yes||Registered Shares||CH||CHF||May 1999|
|BEHV||DB (Deutsche Boerse AG)||Yes||Registered Shares||DE||EUR||May 1999|
|0QM2||LSE (London Stock Exchange)||Yes||Registered Shares||GB||CHF||May 1999|
Berner Kantonalbank AG, a cantonal bank, offers various banking products and financial services to private individuals and corporate customers in Switzerland. It offers investment, shareholder, youth, education, and SME savings accounts; deposit, current, rental, capital payment, and client funds accounts; investment products, which include investment advice, financial and pension planning, tax and estate advice, money-net trading, term and promissory notes, and various fund products; mortgages; and construction, investment, personal, syndicated, and operating loans. The company also provides real estate, capital market, complex, structured, project, start-up, and mergers and acquisitions financing products; documentary letter of credit, documentary collection, and payment guarantees; hedging transactions; pension products; asset management services, including investment strategy consulting, portfolio optimization and simulation, investment funds, and securities accounting products, as well as trades in stocks, bonds, derivatives, foreign exchange, and money market instruments. In addition, it offers credit, debit, and prepaid cards; travel cash; business and corporate cards; and mobile and e-banking services. Berner Kantonalbank AG operates through a network of 60 branches. The company was formerly known as Kantonalbank von Bern and changed its name to Berner Kantonalbank AG in 1991. Berner Kantonalbank AG was founded in 1834 and is headquartered in Bern, Switzerland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 22:20|
|End of Day Share Price||2020/02/20 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.