Banque Cantonale Vaudoise

Banque Cantonale Vaudoise

128.00
CHF
-2.14
(-1.64%)
Feb 25Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
11.04
11.35
11.7
11.17
11.32
11.26
11.35
11.07
11.69
11.98
13.39
13.27
13.21
- -
Basic EPS, GAAP
3.25
3.44
3.91
3.6
3.72
4.08
4.23
3.85
4.41
4.52
5.46
5.13
5
- -
Free Cash Flow per Basic Share
-1.27
5.04
26.02
9.55
7.6
2.06
1.73
36.75
12.52
3.38
-3.16
58.54
67.64
- -
Dividend per Share
1
1
1
1
1
1
- -
- -
- -
0.01
- -
- -
- -
- -
Book Value per Share
38.71
38.94
39.62
39.89
40.31
41.06
41.76
41.62
42.42
43.23
44.88
45.71
46.29
38.13
Tangible Book Value per Share
38.33
38.63
39.36
39.7
40.17
40.96
41.71
41.6
42.42
43.23
44.88
45.71
46.29
37.92
Basic Weighted Avg Shares
86
86
86
86
86
86
86
86
86
86
86
86
86
86
Sales/Revenue/Turnover
950
977
1,007
961
974
966
974
950
1,004
1,029
1,150
1,140
1,135
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
86
80
75
72
70
69
71
72
72
70
76
82
82
- -
Net Income, GAAP
280
296
336
310
320
350
363
331
379
388
469
441
430
- -
Effective Tax Rate (%)
23.05
22.32
21.3
21.21
20.59
20.1
13.5
12.37
14.16
13.51
13.64
14.52
14.67
- -
Profit Margin (%)
29.48
30.31
33.4
32.21
32.86
36.21
37.27
34.83
37.73
37.75
40.8
38.65
37.87
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
6,188
6,496
6,913
7,288
7,407
7,251
7,098
6,913
7,315
7,942
8,445
9,448
11,147
7,134
Total Equity
3,322
3,341
3,397
3,420
3,457
3,522
3,584
3,574
3,643
3,713
3,855
3,927
3,976
3,269
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
2.98
3.06
3.34
2.95
2.97
3.23
3.38
3.13
3.53
3.43
3.92
3.43
3.02
- -
Return on Common Equity (%)
8.44
8.89
9.98
9.08
9.31
10.02
10.21
9.24
10.49
10.56
12.4
11.32
10.87
- -

Capital Structure

CHF

•

in mil. unless spec.
Sep'15
Dec'15
Jun'16
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
86
86
86
Market Capitalization
- -
- -
- -

Working Capital

CHF

•

in mil. unless spec.
Sep'15
Dec'15
Jun'16
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
8,667
8,671
9,551
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CHF

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.59%
2.16%
1.25%
Free Cash Flow
-41.38%
-454.36%
15.56%
Net Income, GAAP
2.89%
5.85%
-2.47%
Sales/Revenue/Turnover
1.3%
3.72%
-0.45%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CHF

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,140
2025
- -
- -
1,135
2026
- -
- -
- -

Semi-annual Earnings Per Share

CHF

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
5.13
2025
- -
- -
5
2026
- -
- -
- -

Semi-annual Dividends Per Share

CHF

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Pascal Kiener
Full Time Employees
2,083
Sector
Finance
Industry
Regional banks
Address
Place Saint-François 14 Lausanne VD Switzerland 1001
IPO Date
Dec 6, 2002
Website
bcv.ch
Business
Banque Cantonale Vaudoise (BCV) is the leading cantonal bank in the Swiss Canton of Vaud, operating as a universal bank that provides retail banking, corporate banking, private banking, wealth management, asset management, and trading services to individual, corporate, and institutional clients. The bank offers a comprehensive range of products and services, including mortgage loans, consumer and commercial financing, deposit accounts, payment solutions, investment advisory and discretionary mandates, portfolio management, trade finance, and ESG-compliant investment options aligned with Swiss climate goals and the Paris Agreement; it also supports local economic development through loans to businesses, pension fund management for occupational schemes, and digital banking platforms across its network of nearly 60 branches primarily in Vaud. Founded in 1845 by decree of the Vaud Cantonal Parliament and headquartered at Place St-François 14 in Lausanne, Switzerland, BCV is majority-owned by the Canton of Vaud and employs over 2,000 people, with selective operations extending to German-speaking Switzerland via its Zurich office for institutional asset management. In recent years, BCV has reported robust financial performance, posting a net profit of CHF 215 million for the first half of 2025, with ongoing growth in mortgage lending (up 1% to CHF 8,886 million as of June 30, 2025), loans and off-balance-sheet commitments (up 11%), and assets under management driven by positive market performance and net new money inflows. The bank has advanced its digital capabilities by implementing instant payment transactions starting August 20, 2024, in collaboration with Switzerland's largest banks, enhancing efficiency for retail and corporate customers. Strategically, BCV continues to expand its institutional business in German-speaking Switzerland, diversify offerings across banking segments, and finance local ventures, providing CHF 13.7 billion in loans to Vaud businesses in 2024 while maintaining total assets of CHF 60.6 billion as of December 31, 2024. All resolutions were approved at its 2025 annual general meeting, underscoring stable governance under CEO Pascal Kiener.