Loading...

Bank Cler

LSE:0QPG
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0QPG
LSE
CHF891M
Market Cap
  1. Home
  2. GB
  3. Banks
Company description

Bank Cler AG provides various banking products and services to private and business customers in Switzerland. The last earnings update was 130 days ago. More info.


Add to Portfolio Compare Print
0QPG Share Price and Events
7 Day Returns
0%
LSE:0QPG
0.6%
GB Banks
-0.6%
GB Market
1 Year Returns
23.2%
LSE:0QPG
-13.6%
GB Banks
-0.2%
GB Market
0QPG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bank Cler (0QPG) 0% 0% 0% 23.2% - -
GB Banks 0.6% 4.5% -6.6% -13.6% 6.7% -19.3%
GB Market -0.6% 1.4% -6% -0.2% 34.2% 30.1%
1 Year Return vs Industry and Market
  • 0QPG outperformed the Banks industry which returned -13.6% over the past year.
  • 0QPG outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -0.2% over the past year.
Price Volatility
0QPG
Industry
5yr Volatility vs Market

Value

 Is Bank Cler undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Bank Cler to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Bank Cler.

LSE:0QPG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= CHF70.95 * 3.6%
CHF2.56
Book Value of Equity per Share Median Book Value from the past 5 years. CHF70.95
Discount Rate (Cost of Equity) See below 8.3%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for LSE:0QPG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.4%
Equity Risk Premium S&P Global 8.6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.74
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.745 (1 + (1- 18%) (494.44%))
0.697
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.4% + (0.8 * 8.6%)
8.28%

Discounted Cash Flow Calculation for LSE:0QPG using Excess Returns Model Model

The calculations below outline how an intrinsic value for Bank Cler is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

LSE:0QPG Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (3.6% – 8.28%) * CHF70.95)
CHF-3.31
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= CHF-3.31 / (8.28% - 1.4%)
CHF-48.08
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= CHF70.95 + CHF-48.08
CHF22.86
LSE:0QPG Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in LSE:0QPG represents 0.99147x of SWX:BC
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99147x
Value per Share
(Listing Adjusted, CHF)
= Value per Share (CHF) x Listing Adjustment Factor
= CHF 22.86 x 0.99147
CHF22.67
Value per share (CHF) From above. CHF22.67
Current discount Discount to share price of CHF52.35
= -1 x (CHF52.35 - CHF22.67) / CHF22.67
-130.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Bank Cler is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Bank Cler's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bank Cler's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:0QPG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in CHF CHF2.27
SWX:BC Share Price ** SWX (2018-08-29) in CHF CHF52.8
United Kingdom of Great Britain and Northern Ireland Banks Industry PE Ratio Median Figure of 15 Publicly-Listed Banks Companies 9.94x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 812 Publicly-Listed Companies 15.68x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Bank Cler.

LSE:0QPG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SWX:BC Share Price ÷ EPS (both in CHF)

= 52.8 ÷ 2.27

23.26x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bank Cler is overvalued based on earnings compared to the GB Banks industry average.
  • Bank Cler is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Bank Cler's expected growth come at a high price?
Raw Data
LSE:0QPG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 23.26x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
21.9%per year
United Kingdom of Great Britain and Northern Ireland Banks Industry PEG Ratio Median Figure of 14 Publicly-Listed Banks Companies 0.6x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 582 Publicly-Listed Companies 1.31x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Bank Cler, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Bank Cler's assets?
Raw Data
LSE:0QPG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in CHF CHF71.74
SWX:BC Share Price * SWX (2018-08-29) in CHF CHF52.8
United Kingdom of Great Britain and Northern Ireland Banks Industry PB Ratio Median Figure of 16 Publicly-Listed Banks Companies 0.91x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,344 Publicly-Listed Companies 1.54x
LSE:0QPG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SWX:BC Share Price ÷ Book Value per Share (both in CHF)

= 52.8 ÷ 71.74

0.74x

* Primary Listing of Bank Cler.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bank Cler is good value based on assets compared to the GB Banks industry average.
X
Value checks
We assess Bank Cler's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Bank Cler has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Bank Cler expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Bank Cler, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
21.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bank Cler expected to grow at an attractive rate?
  • Bank Cler's earnings growth is expected to exceed the low risk savings rate of 1.4%.
Growth vs Market Checks
  • Bank Cler's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Unable to compare Bank Cler's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
LSE:0QPG Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:0QPG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 21.9%
United Kingdom of Great Britain and Northern Ireland Banks Industry Earnings Growth Rate Market Cap Weighted Average 15.8%
United Kingdom of Great Britain and Northern Ireland Banks Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11.9%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
LSE:0QPG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CHF Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:0QPG Past Financials Data
Date (Data in CHF Millions) Revenue Cash Flow Net Income *
2018-06-30 255 39
2018-03-31 256 39
2017-12-31 256 30 38
2017-09-30 248 40
2017-06-30 244 42
2017-03-31 244 44
2016-12-31 245 222 46
2016-09-30 244 45
2016-06-30 243 44
2016-03-31 243 44
2015-12-31 244 233 45
2015-09-30 244 43

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Bank Cler's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Bank Cler is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
LSE:0QPG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Bank Cler Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0QPG Past Financials Data
Date (Data in CHF Millions) EPS *
2018-06-30
2018-03-31
2017-12-31 2.27
2017-09-30 2.38
2017-06-30
2017-03-31
2016-12-31 2.71
2016-09-30 2.65
2016-06-30
2016-03-31
2015-12-31 2.71
2015-09-30 2.54

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Bank Cler will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Bank Cler's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Bank Cler has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Bank Cler performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Bank Cler's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Bank Cler's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Bank Cler's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Bank Cler's 1-year earnings growth is negative, it can't be compared to the GB Banks industry average.
Earnings and Revenue History
Bank Cler's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Bank Cler Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0QPG Past Revenue, Cash Flow and Net Income Data
Date (Data in CHF Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 255.33 39.24 188.07
2018-03-31 255.85 38.77 192.37
2017-12-31 256.37 38.30 196.67
2017-09-30 247.83 40.09 184.71
2017-06-30 243.54 41.88 177.00
2017-03-31 244.48 43.80 172.84
2016-12-31 245.42 45.72 168.68
2016-09-30 244.12 44.72 168.97
2016-06-30 242.82 43.72 169.25
2016-03-31 243.20 44.15 168.42
2015-12-31 243.58 44.58 167.58
2015-09-30 243.57 42.85 166.09
2015-06-30 243.55 41.11 164.59
2015-03-31 248.65 42.40 162.09
2014-12-31 253.74 43.70 159.59
2014-09-30 253.19 52.28 153.61
2014-06-30 252.63 60.86 147.63
2014-03-31 246.91 60.93 151.95
2013-12-31 241.19 61.00 156.27
2013-09-30 239.39 60.35 160.87
2013-06-30 237.59 59.71 165.46
2013-03-31 237.12 63.76 159.94
2012-12-31 236.65 67.82 154.42
2012-09-30 238.41 68.61 155.01
2012-06-30 240.18 69.41 155.59
2012-03-31 238.69 63.89 159.50
2011-12-31 237.20 58.37 163.41

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Bank Cler has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Bank Cler used its assets less efficiently than the GB Banks industry average last year based on Return on Assets.
  • Unable to establish if Bank Cler improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Bank Cler's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Bank Cler has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Bank Cler's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Bank Cler's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Bank Cler Company Filings, last reported 4 months ago.

LSE:0QPG Past Debt and Equity Data
Date (Data in CHF Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 1,203.92 4,403.70 1,835.15
2018-03-31 1,203.92 4,403.70 1,835.15
2017-12-31 1,210.10 4,215.98 2,009.26
2017-09-30 1,210.10 4,215.98 2,009.26
2017-06-30 1,185.02 3,793.04 1,827.88
2017-03-31 1,185.02 3,793.04 1,827.88
2016-12-31 1,196.51 3,679.17 1,946.48
2016-09-30 1,196.51 3,679.17 1,946.48
2016-06-30 1,160.35 3,530.02 1,831.75
2016-03-31 1,160.35 3,530.02 1,831.75
2015-12-31 1,163.88 3,530.52 1,942.80
2015-09-30 1,163.88 3,530.52 1,942.80
2015-06-30 1,103.60 3,677.62 1,884.13
2015-03-31 1,103.60 3,677.62 1,884.13
2014-12-31 1,108.97 3,397.72 1,384.74
2014-09-30 1,108.97 3,397.72 1,384.74
2014-06-30 982.48 3,136.57 1,285.67
2014-03-31 982.48 3,136.57 1,285.67
2013-12-31 1,056.98 3,005.42 860.42
2013-09-30 1,056.98 3,005.42 860.42
2013-06-30 930.84 3,132.85 1,681.62
2013-03-31 930.84 3,132.85 1,681.62
2012-12-31 937.17 3,572.93 1,541.56
2012-09-30 937.17 3,572.93 1,541.56
2012-06-30 910.41 3,889.69 1,113.81
2012-03-31 910.41 3,889.69 1,113.81
2011-12-31 910.50 4,099.14 544.41
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Bank Cler has an acceptable proportion of non-loan assets held.
  • Bank Cler's liabilities are made up of primarily low risk sources of funding.
  • Bank Cler has advanced significantly more loans than the customer deposits it holds (i.e. bank has borrowed additional funds to lend).
  • Bank Cler's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Unable to establish if Bank Cler has a sufficient allowance for bad loans without relevant financial data.
  • Bank Cler has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess Bank Cler's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Bank Cler has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Bank Cler's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.41%
Current annual income from Bank Cler dividends.
If you bought CHF2,000 of Bank Cler shares you are expected to receive CHF68 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Bank Cler's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.99%).
  • Bank Cler's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.21%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
LSE:0QPG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Banks Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 4.7%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 702 Stocks 4.3%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

LSE:0QPG Past Annualized Dividends Data
Date (Data in CHF) Dividend per share (annual) Avg. Yield (%)
2018-03-08 1.800 3.752
2018-02-08 1.800 4.169
2017-03-23 1.800 4.176
2017-02-08 1.800 3.975
2016-03-14 1.800 4.295
2015-03-02 1.800 4.320
2014-03-03 1.800 4.211
2013-03-26 1.800 3.838
2012-05-02 1.800 3.245
2011-03-01 1.800 2.821
2010-01-04 1.800 2.629
2009-01-05 1.800 2.554
2008-11-27 1.800 2.503

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • No dividend growth in 10 years.
Current Payout to shareholders
What portion of Bank Cler's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.3x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Bank Cler's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Bank Cler afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bank Cler has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Bank Cler's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sandra Lienhart
COMPENSATION CHF668,501
AGE 52
TENURE AS CEO 1.4 years
CEO Bio

Ms. Sandra Lienhart has been the Chief Executive Officer of Bank Cler AG since June 2017 and as its President of the Directorate General. Ms. Lienhart has been Member of the Executive Board at Basler Kantonalbank (Basler Cantonal Bank) since July 7, 2008. Ms. Lienhart served as Director of Sales at Bank Coop AG until June 2017. She served as the Chairwoman of The Management Board of Bank Coop AG from 2000 to 2015 and served as an Interim Chief Executive Officer from August 2014 to March 31, 2015. Ms. Lienhart served as Vice-Chairman of the Management Board and Head of Sales at Bank Coop AG. Ms. Lienhart served as an Assistant Vice President and Head branch of Credit Suisse, Kloten from 1998 to 2000. She served as Member of the Management and Head of Region Zürich North at Credit Suisse, Zürich from 2002 to 2004; Member of the Management and Head Branch of Credit Suisse, Oerlikon from 2001 to 2002; Member of the Management and Head Individual Customers Region Zürich North at Credit Suisse, Zürich from 2000 to 2001. She served as an Assistant Vice President and Team Head of Individual Customers at Swiss Credit Association, Schwerzenbach from 1996 to 1998; Assistant Vice President and Head Commerz at Swiss Credit Association, Wetzikon from 1994 to 1996. She serves as a Member Board of the Foundation of 1 and Member Board of the Foundation of 2 at Säule Bank Coop AG. She also serves as Member of the Supervisory Board of Nestor Consulting AG. She holds Executive Master of Business Administration from Zürcher Fachhochschule.

CEO Compensation
  • Insufficient data for Sandra to compare compensation growth.
  • Sandra's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Bank Cler management team in years:

1.4
Average Tenure
52
Average Age
  • The average tenure for the Bank Cler management team is less than 2 years, this suggests a new team.
Management Team

Sandra Lienhart

TITLE
CEO & President of the Directorate General
COMPENSATION
CHF669K
AGE
52
TENURE
1.4 yrs

René Saluz

TITLE
Head of Finance & Risk & Member of the Directorate-General
AGE
58
TENURE
3.5 yrs

Peter Schnellmann

TITLE
Head of Distribution & Member of the Directorate-General
AGE
45
TENURE
0.5 yrs

Natalie Waltmann

TITLE
Head Secretariat media relations and internal communications
Board of Directors Tenure

Average tenure and age of the Bank Cler board of directors in years:

2.6
Average Tenure
51
Average Age
  • The average tenure for the Bank Cler board of directors is less than 3 years, this suggests a new board.
Board of Directors

Andreas Sturm

TITLE
Chairman of the Board
COMPENSATION
CHF159K
AGE
54
TENURE
1.6 yrs

Christian Wunderlin

TITLE
Vice Chairman of the Board
COMPENSATION
CHF76K
AGE
50
TENURE
1.6 yrs

Ralph Lewin

TITLE
Director
COMPENSATION
CHF113K
AGE
65
TENURE
8.7 yrs

Christine Keller

TITLE
Director
COMPENSATION
CHF59K
AGE
59
TENURE
13.6 yrs

Martin Tanner

TITLE
Director
COMPENSATION
CHF13K
AGE
51
TENURE
5.6 yrs

Sebastian Frehner

TITLE
Director
COMPENSATION
CHF57K
AGE
45
TENURE
3.6 yrs

Andreea Prange

TITLE
Director
AGE
40
TENURE
0.6 yrs

Barbara Heller

TITLE
Director
COMPENSATION
CHF64K
AGE
51
TENURE
1.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CHF) Value (CHF)
X
Management checks
We assess Bank Cler's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Bank Cler has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

External News
Loading...
Simply Wall St News

Company Info

Map
Description

Bank Cler AG provides various banking products and services to private and business customers in Switzerland. The company offers private, youth, euro, foreign currency, rental, current, business, and savings accounts; cards; and mortgages and loans comprising construction loan for business customers, fixed advances, deposit loans, current account credit, and variable loans. It also provides various packages and miscellaneous services, including payment transactions and foreign currencies; asset management services; and investment and pension products, as well as consultation services. The company was formerly known as Bank Coop AG and changed its name to Bank Cler AG in May 2017. The company was founded in 1927 and is based in Basel, Switzerland. Bank Cler AG is a subsidiary of Basler Kantonalbank.

Details
Name: Bank Cler AG
0QPG
Exchange: LSE
Founded: 1927
CHF890,642,068
16,868,221
Website: http://www.cler.ch
Address: Bank Cler AG
Aeschenplatz 3,
Basel,
4002,
Switzerland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SWX BC Bearer Shares SIX Swiss Exchange CH CHF 07. May 2004
BST 316 Bearer Shares Boerse-Stuttgart DE EUR 07. May 2004
LSE 0QPG Bearer Shares London Stock Exchange GB CHF 07. May 2004
BATS-CHIXE BCZ Bearer Shares BATS 'Chi-X Europe' GB CHF 07. May 2004
Number of employees
Current staff
Staff numbers
446
Bank Cler employees.
Industry
Diversified Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/11/26 19:10
End of day share price update: 2018/08/29 00:00
Last earnings filing: 2018/07/19
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.