Luzerner Kantonalbank AG provides banking products and services in Switzerland.
Established dividend payer with excellent balance sheet.
Share Price & News
How has Luzerner Kantonalbank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0QNU's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 0QNU exceeded the UK Banks industry which returned -6% over the past year.
Return vs Market: 0QNU exceeded the UK Market which returned 7.1% over the past year.
Price Volatility Vs. Market
How volatile is Luzerner Kantonalbank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Luzerner 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: 0QNU (CHF545) is trading above our estimate of fair value (CHF252.03)
Significantly Below Fair Value: 0QNU is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 0QNU is poor value based on its PE Ratio (18.6x) compared to the Banks industry average (9.2x).
PE vs Market: 0QNU is poor value based on its PE Ratio (18.6x) compared to the UK market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 0QNU's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 0QNU is overvalued based on its PB Ratio (1.3x) compared to the GB Banks industry average (0.6x).
How is Luzerner Kantonalbank forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if 0QNU's forecast earnings growth is above the savings rate (0.5%).
Earnings vs Market: Insufficient data to determine if 0QNU's earnings are forecast to grow faster than the UK market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 0QNU's revenue (2.7% per year) is forecast to grow slower than the UK market (3.5% per year).
High Growth Revenue: 0QNU'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: 0QNU's Return on Equity is forecast to be low in 3 years time (6.7%).
How has Luzerner Kantonalbank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0QNU has high quality earnings.
Growing Profit Margin: 0QNU's current net profit margins (42.3%) are higher than last year (41.6%).
Past Earnings Growth Analysis
Earnings Trend: 0QNU's earnings have grown by 3.3% per year over the past 5 years.
Accelerating Growth: 0QNU's earnings growth over the past year (2.2%) is below its 5-year average (3.3% per year).
Earnings vs Industry: 0QNU earnings growth over the past year (2.2%) underperformed the Banks industry 28.3%.
Return on Equity
High ROE: 0QNU's Return on Equity (7.4%) is considered low.
Return on Assets
Return on Capital Employed
How is Luzerner 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: 0QNU has a low level of unsold assets or inventory.
Debt Coverage by Assets: 0QNU's debt is not covered by short term assets (assets are 0.3x debt).
Financial Institutions Analysis
Asset Level: 0QNU's level of assets compared to its equity is moderate.
Allowance for Bad Loans: 0QNU has a sufficient allowance for bad loans.
Low Risk Liabilities: 0QNU's liabilities are made up of primarily low risk sources of funding.
Loan Level: 0QNU has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0QNU has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: 0QNU has an appropriate level of bad loans (0.17%)
What is Luzerner Kantonalbank's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 0QNU's dividend (2.84%) is higher than the bottom 25% of dividend payers in the UK market (1.79%).
High Dividend: 0QNU's dividend (2.84%) is low compared to the top 25% of dividend payers in the UK market (5.09%).
Stability and Growth of Payments
Stable Dividend: 0QNU's dividends per share have been stable in the past 10 years.
Growing Dividend: 0QNU's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (52.8%), 0QNU's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0QNU's dividends in 3 years are forecast to be covered by earnings (52.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Daniel Salzmann (55yo)
Mr. Daniel Salzmann has been Chief Executive Officer at Luzerner Kantonalbank AG since July 2014 and has been its Member of Executive Board since 2004. Mr. Salzmann serves as Head of Presidential Departmen ...
|CEO, Head of Presidential Department & Member of Executive Board||6.1yrs||no data||0.054% CHF2.0m|
|CFO, Head of Department Finance & Computer Science and Member of Executive Board||12.1yrs||no data||0.056% CHF2.1m|
|Head of Department Market Services & Member of Executive Board||11.1yrs||no data||0.043% CHF1.6m|
|Head of Corporate Clients & Private Banking and Member of Executive Board||10.1yrs||no data||0.047% CHF1.8m|
|Head of Private & Commercial Customers Department and Member of Executive Board||5.1yrs||no data||0.026% CHF973.4k|
|Head of Communications||0yrs||no data||no data|
|Head of Corporate Clients Segment - Lucerne||0yrs||no data||no data|
|Head of Real Estate Services||0yrs||no data||no data|
|Head of Cash Management Services||0yrs||no data||no data|
|Head of Import & Export Finance - Corporate Clients||0yrs||no data||no data|
Experienced Management: 0QNU's management team is seasoned and experienced (10.1 years average tenure).
|Director||3.8yrs||no data||0.0028% CHF104.0k|
|Vice Chairman of the Board||4.1yrs||CHF89.08k||0.065% CHF2.4m|
|Director||2.1yrs||no data||0.0012% CHF44.0k|
|Chairperson of the Board||2.8yrs||CHF82.09k||0.041% CHF1.5m|
|Director||5.8yrs||no data||0.0055% CHF203.9k|
|Director||4.8yrs||no data||0.0046% CHF171.5k|
|Director||2.8yrs||no data||0.0068% CHF254.6k|
|Director||2.1yrs||no data||0.0052% CHF193.5k|
Experienced Board: 0QNU's board of directors are considered experienced (3.3 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.
Luzerner Kantonalbank AG's company bio, employee growth, exchange listings and data sources
- Name: Luzerner Kantonalbank AG
- Ticker: 0QNU
- Exchange: LSE
- Founded: 1850
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: CHF3.728b
- Shares outstanding: 8.48m
- Website: https://www.lukb.ch
Number of Employees
- Luzerner Kantonalbank AG
- Pilatusstrasse 12
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LUKN||SWX (SIX Swiss Exchange)||Yes||Participation Certificates||CH||CHF||Mar 2001|
|0QNU||LSE (London Stock Exchange)||Yes||Participation Certificates||GB||CHF||Mar 2001|
|4J6||DB (Deutsche Boerse AG)||Yes||Participation Certificates||DE||EUR||Mar 2001|
Luzerner Kantonalbank AG provides banking products and services in Switzerland. The company offers savings accounts and deposit products; real estate and corporate finance; cards; and insurance products. It also provides payment, finance planning, property consultancy, asset management and administration, and investment products and advisory services. The company was formerly known as Kantonale Spar-und Leihkasse and changed its name to Luzerner Kantonalbank AG in 1892. Luzerner Kantonalbank AG was founded in 1850 and is headquartered in Lucerne, Switzerland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 22:56|
|End of Day Share Price||2020/02/18 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.