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Walliser Kantonalbank

LSE:0RE6
Snowflake Description

Mediocre balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0RE6
LSE
CHF2B
Market Cap
  1. Home
  2. GB
  3. Banks
Company description

Walliser Kantonalbank provides various banking products and services in Switzerland. The last earnings update was 24 days ago. More info.


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0RE6 Share Price and Events
7 Day Returns
1.1%
LSE:0RE6
1%
GB Banks
0.6%
GB Market
1 Year Returns
12.3%
LSE:0RE6
-8.7%
GB Banks
1.1%
GB Market
0RE6 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Walliser Kantonalbank (0RE6) 1.1% 1.1% - 12.3% - -
GB Banks 1% 4.3% 4.4% -8.7% 17% -11.2%
GB Market 0.6% 2.6% 6.9% 1.1% 15.6% 6.2%
1 Year Return vs Industry and Market
  • 0RE6 outperformed the Banks industry which returned -8.7% over the past year.
  • 0RE6 outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 1.1% over the past year.
Price Volatility
0RE6
Industry
5yr Volatility vs Market

Value

 Is Walliser Kantonalbank 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 Walliser Kantonalbank 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 Walliser Kantonalbank.

LSE:0RE6 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
= CHF83.81 * 5.1%
CHF4.26
Book Value of Equity per Share Median Book Value from the past 5 years. CHF83.81
Discount Rate (Cost of Equity) See below 10.3%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

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:0RE6
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.59
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.593 (1 + (1- 18%) (244.12%))
1.523
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.52
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.523 * 5.96%)
10.3%

Discounted Cash Flow Calculation for LSE:0RE6 using Excess Returns Model Model

The calculations below outline how an intrinsic value for Walliser Kantonalbank 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:0RE6 Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (5.1% – 10.3%) * CHF83.81)
CHF-4.38
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= CHF-4.38 / (10.3% - 1.23%)
CHF-48.23
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= CHF83.81 + CHF-48.23
CHF35.58
LSE:0RE6 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in LSE:0RE6 represents 1.00297x of SWX:WKBN
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.00297x
Value per Share
(Listing Adjusted, CHF)
= Value per Share (CHF) x Listing Adjustment Factor
= CHF 35.58 x 1.00297
CHF35.68
Value per share (CHF) From above. CHF35.68
Current discount Discount to share price of CHF126.88
= -1 x (CHF126.88 - CHF35.68) / CHF35.68
-255.6%

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

  • The current share price of Walliser Kantonalbank 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 Walliser Kantonalbank's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Walliser Kantonalbank's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:0RE6 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CHF CHF6.49
SWX:WKBN Share Price ** SWX (2019-04-18) in CHF CHF126.5
United Kingdom of Great Britain and Northern Ireland Banks Industry PE Ratio Median Figure of 15 Publicly-Listed Banks Companies 10.35x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 797 Publicly-Listed Companies 16.29x

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

** Primary Listing of Walliser Kantonalbank.

LSE:0RE6 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 126.5 ÷ 6.49

19.5x

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

  • Walliser Kantonalbank is overvalued based on earnings compared to the GB Banks industry average.
  • Walliser Kantonalbank is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Walliser Kantonalbank's expected growth come at a high price?
Raw Data
LSE:0RE6 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 19.5x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
12.6%per year
United Kingdom of Great Britain and Northern Ireland Banks Industry PEG Ratio Median Figure of 14 Publicly-Listed Banks Companies 0.86x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 564 Publicly-Listed Companies 1.48x

*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 Walliser Kantonalbank, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Walliser Kantonalbank's assets?
Raw Data
LSE:0RE6 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CHF CHF87.01
SWX:WKBN Share Price * SWX (2019-04-18) in CHF CHF126.5
United Kingdom of Great Britain and Northern Ireland Banks Industry PB Ratio Median Figure of 16 Publicly-Listed Banks Companies 0.88x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,367 Publicly-Listed Companies 1.51x
LSE:0RE6 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 126.5 ÷ 87.01

1.45x

* Primary Listing of Walliser Kantonalbank.

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

  • Walliser Kantonalbank is overvalued based on assets compared to the GB Banks industry average.
X
Value checks
We assess Walliser Kantonalbank'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. Walliser Kantonalbank has a total score of 0/6, 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 Walliser Kantonalbank expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Walliser Kantonalbank, 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
12.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Walliser Kantonalbank expected to grow at an attractive rate?
  • Walliser Kantonalbank's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Walliser Kantonalbank's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Unable to compare Walliser Kantonalbank'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:0RE6 Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:0RE6 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 12.6%
United Kingdom of Great Britain and Northern Ireland Banks Industry Earnings Growth Rate Market Cap Weighted Average 12.7%
United Kingdom of Great Britain and Northern Ireland Banks Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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:0RE6 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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:0RE6 Past Financials Data
Date (Data in CHF Millions) Revenue Cash Flow Net Income *
2018-12-31 242 -9 102
2018-09-30 246 101
2018-06-30 238 100
2018-03-31 238 100
2017-12-31 237 260 99
2017-09-30 227 103
2017-06-30 236 107
2017-03-31 233 98
2016-12-31 229 45 89
2016-09-30 229 97
2016-06-30 227 57
2016-03-31 225 57

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Walliser Kantonalbank's earnings are expected to grow by 12.6% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Walliser Kantonalbank 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:0RE6 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Walliser Kantonalbank Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0RE6 Past Financials Data
Date (Data in CHF Millions) EPS *
2018-12-31 6.49
2018-09-30 6.43
2018-06-30
2018-03-31
2017-12-31 6.27
2017-09-30 6.54
2017-06-30
2017-03-31
2016-12-31 5.63
2016-09-30 6.21
2016-06-30
2016-03-31

*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 Walliser Kantonalbank will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Walliser Kantonalbank'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.
Walliser Kantonalbank has a total score of 2/6, 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 Walliser Kantonalbank 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 Walliser Kantonalbank'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.
  • Walliser Kantonalbank's year on year earnings growth rate has been positive over the past 5 years.
  • Walliser Kantonalbank's 1-year earnings growth is less than its 5-year average (3.1% vs 14.5%)
  • Walliser Kantonalbank's earnings growth has not exceeded the GB Banks industry average in the past year (3.1% vs 42.2%).
Earnings and Revenue History
Walliser Kantonalbank'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 Walliser Kantonalbank Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0RE6 Past Revenue, Cash Flow and Net Income Data
Date (Data in CHF Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 242.24 102.08 121.24
2018-09-30 246.36 101.17 130.25
2018-06-30 237.80 100.27 89.90
2018-03-31 237.50 99.66 89.26
2017-12-31 237.20 99.05 125.29
2017-09-30 227.37 103.27 101.96
2017-06-30 236.45 107.48 130.79
2017-03-31 232.70 98.01 129.88
2016-12-31 228.94 88.53 95.73
2016-09-30 228.88 97.31 109.67
2016-06-30 227.26 57.08 83.76
2016-03-31 224.93 56.95 82.69
2015-12-31 222.60 105.82 115.18
2015-09-30 224.57 81.22 94.56
2015-06-30 222.88 56.63 81.80
2015-03-31 225.25 56.48 80.65
2014-12-31 227.63 56.33 79.50
2014-09-30 225.94 56.74 85.44
2014-06-30 225.55 57.14 85.28
2014-03-31 225.46 56.58 85.99
2013-12-31 225.38 56.01 86.70
2013-09-30 229.56 55.95 104.30
2013-06-30 233.74 55.88 121.90
2013-03-31 228.31 55.34 121.44
2012-12-31 222.88 54.80 120.97
2012-09-30 216.60 54.24 111.53
2012-06-30 210.32 53.68 99.05

*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.
  • Walliser Kantonalbank has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Walliser Kantonalbank used its assets more efficiently than the GB Banks industry average last year based on Return on Assets.
  • Unable to establish if Walliser Kantonalbank 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 Walliser Kantonalbank'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.
Walliser Kantonalbank has a total score of 2/6, 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 Walliser Kantonalbank'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 Walliser Kantonalbank'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 Walliser Kantonalbank Company Filings, last reported 3 months ago.

LSE:0RE6 Past Debt and Equity Data
Date (Data in CHF Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,369.02 4,858.60 2,677.45
2018-09-30 1,369.02 4,858.60 2,677.45
2018-06-30 1,320.85 4,755.81 2,225.76
2018-03-31 1,320.85 4,755.81 2,225.76
2017-12-31 1,323.31 4,673.31 2,761.80
2017-09-30 1,323.31 4,673.31 2,761.80
2017-06-30 1,272.65 4,488.79 2,491.44
2017-03-31 1,272.65 4,488.79 2,491.44
2016-12-31 1,261.83 4,009.15 2,509.34
2016-09-30 1,261.83 4,009.15 2,509.34
2016-06-30 1,219.82 4,021.95 2,172.67
2016-03-31 1,219.82 4,021.95 2,172.67
2015-12-31 1,140.81 3,707.47 2,151.25
2015-09-30 1,140.81 3,707.47 2,151.25
2015-06-30 1,083.53 3,223.13 1,871.75
2015-03-31 1,083.53 3,223.13 1,871.75
2014-12-31 1,053.61 2,631.57 1,637.63
2014-09-30 1,053.61 2,631.41 1,526.67
2014-06-30 1,003.72 1,962.73 900.48
2014-03-31 1,003.72 1,962.73 900.48
2013-12-31 977.91 2,375.79 1,074.70
2013-09-30 977.91 2,375.79 1,074.70
2013-06-30 932.07 2,090.31 705.40
2013-03-31 932.07 2,090.31 705.40
2012-12-31 907.42 2,177.96 787.90
2012-09-30 907.42 2,177.96 787.90
2012-06-30 885.44 1,923.94 193.18
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.
  • Walliser Kantonalbank has an acceptable proportion of non-loan assets held.
  • Walliser Kantonalbank's liabilities are made up of primarily low risk sources of funding.
  • Walliser Kantonalbank has advanced significantly more loans than the customer deposits it holds (i.e. bank has borrowed additional funds to lend).
  • Walliser Kantonalbank's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Walliser Kantonalbank has a low allowance for bad loans.
  • Walliser Kantonalbank has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess Walliser Kantonalbank'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. Walliser Kantonalbank has a total score of 3/6, 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 Walliser Kantonalbank'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
2.65%
Current annual income from Walliser Kantonalbank dividends.
If you bought CHF2,000 of Walliser Kantonalbank shares you are expected to receive CHF53 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?
  • Walliser Kantonalbank's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.02%).
  • Walliser Kantonalbank's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.19%).
Upcoming dividend payment

Purchase Walliser Kantonalbank before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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:0RE6 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 4.9%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 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:0RE6 Past Annualized Dividends Data
Date (Data in CHF) Dividend per share (annual) Avg. Yield (%)
2019-03-27 3.350 2.670
2018-04-25 3.150 2.756
2017-04-05 3.000 3.139
2017-03-08 3.000 3.605

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

  • Whilst dividend payments have been stable, Walliser Kantonalbank has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Walliser Kantonalbank only paid a dividend in the past 2 years.
Current Payout to shareholders
What portion of Walliser Kantonalbank's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.9x 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 Walliser Kantonalbank's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 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 Walliser Kantonalbank afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Walliser Kantonalbank has a total score of 2/6, 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 Walliser Kantonalbank'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
Pascal Perruchoud
COMPENSATION CHF952,000
AGE 60
TENURE AS CEO 7.3 years
CEO Bio

Mr. Pascal Perruchoud serves as Chairman of Senior Management at Banque Cantonale du Valais and served as its Chairman of The General Management since May 23, 2012. Mr. Perruchoud served as Head of Valorisation Division at Banque Cantonale Du Valais, SA.

CEO Compensation
  • Pascal's compensation has been consistent with company performance over the past year.
  • Pascal's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Pascal Perruchoud

TITLE
Chairman of Senior Management
COMPENSATION
CHF952K
AGE
60
TENURE
7.3 yrs

Gabriel Décaillet

TITLE
Secretary & Director
COMPENSATION
CHF82K
AGE
56
TENURE
2 yrs

Christian Donzé

TITLE
General Director and Head of Finance & Loan
AGE
55

Raphaël Balet

TITLE
Head of Department Legal Affairs & Compliance and Deputy Director

Jean-Yves Pannatier

TITLE
Director of the Retail

Eliane Gaspoz

TITLE
Head of Human Resources Department & Deputy Director

Claude-Alain Karlen

TITLE
Head of Risk Management & Deputy Director

Grégoire Luyet

TITLE
Head of Finance & Credit Projects and Vice Director

Philippe Métrailler

TITLE
Deputy Director & Head of Services

Daniel Rossi

TITLE
Director General of the Services Division
AGE
64
Board of Directors Tenure

Average tenure and age of the Walliser Kantonalbank board of directors in years:

4.9
Average Tenure
56
Average Age
  • The tenure for the Walliser Kantonalbank board of directors is about average.
Board of Directors

Pierre-Alain Grichting

TITLE
Chairman of the Board
AGE
51
TENURE
0.9 yrs

Stephan Imboden

TITLE
Vice Chairman of the Board
COMPENSATION
CHF90K
AGE
62
TENURE
2 yrs

Gabriel Décaillet

TITLE
Secretary & Director
COMPENSATION
CHF82K
AGE
56
TENURE
6.3 yrs

Chantal Emery

TITLE
Director
COMPENSATION
CHF89K
AGE
66
TENURE
9.9 yrs

Fernand Mariétan

TITLE
Director
COMPENSATION
CHF83K
AGE
66
TENURE
9.9 yrs

Pascal Indermitte

TITLE
Director
COMPENSATION
CHF76K
AGE
44
TENURE
4.9 yrs

Ivan Rouvinet

TITLE
Director
COMPENSATION
CHF90K
AGE
68
TENURE
9.9 yrs

Jean-Albert Ferrez

TITLE
Director
AGE
47
TENURE
2.3 yrs

Sandra Lathion

TITLE
Director
AGE
42
TENURE
0.6 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 Walliser Kantonalbank'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. Walliser Kantonalbank 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

Simply Wall St News

Company Info

Description

Walliser Kantonalbank provides various banking products and services in Switzerland. It offers Euro and savings plus accounts; investment products; wealth management services; and e-trade, and e-banking and mobile banking services. The company operates through a network of 31 branches and 17 representative offices; and 78 automated teller machines. Walliser Kantonalbank was founded in 1917 and is based in Sion, Switzerland.

Details
Name: Walliser Kantonalbank
0RE6
Exchange: LSE
Founded: 1917
CHF1,990,269,407
15,733,355
Website: http://www.bcvs.ch/de/homepage.html
Address: Walliser Kantonalbank
Place des Cèdres 8,
Sion,
Valais, 1951,
Switzerland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SWX WKBN Registered Shares SIX Swiss Exchange CH CHF 15. Jan 2016
LSE 0RE6 Registered Shares London Stock Exchange GB CHF 15. Jan 2016
Number of employees
Current staff
Staff numbers
471
Walliser Kantonalbank employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 21:55
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/03/27
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.