Banque Cantonale Vaudoise provides a range of financial services in Vaud Canton and rest of Switzerland, the European Union, North America, and internationally.
Excellent balance sheet with proven track record and pays a dividend.
Share Price & News
How has Banque Cantonale Vaudoise's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0QP8 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 0QP8 exceeded the UK Banks industry which returned -44% over the past year.
Return vs Market: 0QP8 exceeded the UK Market which returned -25% over the past year.
Price Volatility Vs. Market
How volatile is Banque Cantonale Vaudoise's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Banque Cantonale Vaudoise 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: 0QP8 (CHF791) is trading above our estimate of fair value (CHF594.06)
Significantly Below Fair Value: 0QP8 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 0QP8 is poor value based on its PE Ratio (19.5x) compared to the Banks industry average (4.7x).
PE vs Market: 0QP8 is poor value based on its PE Ratio (19.5x) compared to the UK market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: 0QP8's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 0QP8 is overvalued based on its PB Ratio (1.9x) compared to the GB Banks industry average (0.4x).
How is Banque Cantonale Vaudoise forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0QP8's earnings are forecast to decline over the next 3 years (-0.2% per year).
Earnings vs Market: 0QP8's earnings are forecast to decline over the next 3 years (-0.2% per year).
High Growth Earnings: 0QP8's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 0QP8's revenue (0.09% per year) is forecast to grow slower than the UK market (2.4% per year).
High Growth Revenue: 0QP8's revenue (0.09% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0QP8's Return on Equity is forecast to be low in 3 years time (9.8%).
How has Banque Cantonale Vaudoise performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0QP8 has high quality earnings.
Growing Profit Margin: 0QP8's current net profit margins (36.2%) are higher than last year (35.8%).
Past Earnings Growth Analysis
Earnings Trend: 0QP8's earnings have grown by 2.8% per year over the past 5 years.
Accelerating Growth: 0QP8's earnings growth over the past year (3.8%) exceeds its 5-year average (2.8% per year).
Earnings vs Industry: 0QP8 earnings growth over the past year (3.8%) underperformed the Banks industry 29.6%.
Return on Equity
High ROE: 0QP8's Return on Equity (10.1%) is considered low.
How is Banque Cantonale Vaudoise'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: 0QP8 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 0QP8's debt is not covered by short term assets (assets are 0.9x debt).
Financial Institutions Analysis
Asset Level: 0QP8's level of assets compared to its equity is moderate.
Allowance for Bad Loans: 0QP8 has a low allowance for bad loans.
Low Risk Liabilities: 0QP8's liabilities are made up of primarily low risk sources of funding.
Loan Level: 0QP8 has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0QP8's loans are broadly funded by customer deposits.
Level of Bad Loans: 0QP8 has an appropriate level of bad loans (0.74%)
What is Banque Cantonale Vaudoise's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 0QP8's dividend (4.53%) is higher than the bottom 25% of dividend payers in the UK market (2.67%).
High Dividend: 0QP8's dividend (4.53%) is low compared to the top 25% of dividend payers in the UK market (7.36%).
Stability and Growth of Payments
Stable Dividend: 0QP8's dividends per share have been stable in the past 10 years.
Growing Dividend: 0QP8's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (88.6%), 0QP8's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0QP8's dividends in 3 years are not forecast to be well covered by earnings (91.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pascal Kiener (57yo)
Career experience: Between 1985 and 1991, Mr. Kiener worked as an Engineer for Fides Informatics in Zurich and Hewlett Packard in Geneva. In 1993, he joined the consulting firm McKinsey & Company. In 2000 ...
CEO Compensation Analysis
Compensation vs Market: Pascal's total compensation ($USD2.09M) is below average for companies of similar size in the UK market ($USD3.39M).
Compensation vs Earnings: Pascal's compensation has been consistent with company performance over the past year.
|CEO & Member of Management Board||11.92yrs||CHF2.03m||0.032% CHF2.2m|
|CFO, Head of Finance & Risks and Member of the Executive Board||11.25yrs||no data||0.011% CHF739.4k|
|Chief Credit Officer||10.17yrs||no data||0.044% CHF3.0m|
|Head of Asset Management & Trading Division and Member of the Executive Board||10.92yrs||no data||0.054% CHF3.6m|
|Head of Private Banking Division & Member of the Executive Board||10.75yrs||no data||0.023% CHF1.6m|
|Head of the Retail Banking Division & Member of Executive Board||6.08yrs||no data||0.022% CHF1.5m|
|Head of the Business Support Division & Member of Executive Board||3.25yrs||no data||0.0024% CHF165.9k|
|Head of Corporate Banking Division & Member of Executive Board||2.58yrs||no data||0.0021% CHF138.8k|
|Investor Relations Officer||no data||no data||no data|
|Head of Media Relations & Press Officer||no data||no data||no data|
Experienced Management: 0QP8's management team is seasoned and experienced (10.5 years average tenure).
|Vice Chairman of Board||no data||CHF137.85k||0.0012% CHF79.2k|
|Former Vice Chairman||1.25yrs||no data||no data|
|Independent Director||3.75yrs||CHF166.04k||0.0035% CHF237.0k|
|Chairman of the Board||2.25yrs||CHF674.61k||0.0023% CHF157.8k|
|Independent Director||2yrs||CHF81.27k||0.00029% CHF19.6k|
Experienced Board: 0QP8's board of directors are considered experienced (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.
Banque Cantonale Vaudoise's company bio, employee growth, exchange listings and data sources
- Name: Banque Cantonale Vaudoise
- Ticker: 0QP8
- Exchange: LSE
- Founded: 1845
- Industry: Regional Banks
- Sector: Banks
- Market Cap: CHF6.771b
- Shares outstanding: 8.58m
- Website: https://www.bcv.ch
Number of Employees
- Banque Cantonale Vaudoise
- Place St-François 14
- Case postale 300
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BCVN||SWX (SIX Swiss Exchange)||Yes||Registered Shares||CH||CHF||Nov 1992|
|BQCN.F||OTCPK (Pink Sheets LLC)||Yes||Registered Shares||US||USD||Nov 1992|
|B1V||DB (Deutsche Boerse AG)||Yes||Registered Shares||DE||EUR||Nov 1992|
|0QP8||LSE (London Stock Exchange)||Yes||Registered Shares||GB||CHF||Nov 1992|
|37031019||XQMH (SIX Structured Products Exchange AG)||0% NTS 22/06/2020 CHF||CH||CHF||Jun 2019|
Banque Cantonale Vaudoise provides a range of financial services in Vaud Canton and rest of Switzerland, the European Union, North America, and internationally. The company offers current, savings, and retirement accounts; credit and payment cards; mortgage, personal, home, business, and construction loans; and production equipment financing products, and working capital and international trade finance products. It also provides a range of banking products, such as investments, financial planning services, and trading through its online platform; and cash management services, as well as instruments for hedging exchange-rate and interest-rate risk; asset management services; and investment and hedging products, such as currencies, equities, bonds, derivatives, and structured products. In addition, the company engages in the market transactions in equities, fixed-income instruments, forex, and precious metals on behalf of clients. Further, it provides life and disability insurance products, and online banking services; manages finances and investments of high-net-worth individuals; tax planning, estate planning, and financial planning; and retirement, life insurance, and disability coverages. The company operates through a network of approximately 63 branches and 220 ATMs. It primarily serves retail and business customers, and public sector institutions. Banque Cantonale Vaudoise was founded in 1845 and is headquartered in Lausanne, Switzerland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/03 22:54|
|End of Day Share Price||2020/04/03 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.