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Stock Banque Cantonale Vaudoise BCVN.SW

Banque Cantonale Vaudoise — Investlytic score 2/5 on the five criteria.

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40/ 100
Score Investlytic · 5 criteria

Analysis in progress…

Investlytic score: 2/5 criteria met. Data as of 01/11/2026.

  • ✅ Price trend passed
  • ✅ Growth passed
  • ❌ Debt failed
  • ❌ P/E failed
  • ❌ Correction failed

Price trend

Overall trend (8 years): the price has been multiplied by at least 1.5.

Price change 2018 → 2019: 6.61%

Price change 2019 → 2020: 21.90%

Price change 2020 → 2021: -26.48%

Price change 2021 → 2022: 25.35%

Price change 2022 → 2023: 22.25%

Price change 2023 → 2024: -23.04%

Price change 2024 → 2025: 20.24%

Price change 2025 → 2026: 31.87%

Price change 2026 (year to date): 28.17%

Financial growth

Revenue CAGR (8 years): 5.40%

Earnings CAGR (8 years): 2.99%

Growth status: positive trend (>1%/yr) in revenue and earnings.

Debt

Debt-to-equity ratio: 2.80

Debt/equity > 0.5 (maximum threshold).

P/E (Price/Earnings)

P/E ratio: 25.86

P/E > 25.0 (maximum threshold).

Correction (6 months)

Current correction: 1.49% from the high over 6 months.

Insufficient correction (< 10.0%).

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Criteria of the Investlytic model

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Score out of 100, model verdict (buy, watch, sell) and details of the 5 criteria · visible with a free account.

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Price trend

Price & trend

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⚖️ Comparison with the market

All stocks →
StockP/EDette/FPRevenue growthRating
Banque Cantonale Vaudoise25.92.80+2.2 %🔒
Sofina S.A.7.00.12−0.9 %–
ageas SA/NV7.80.76−2.8 %–
Circle Internet Group49.70.01+181.8 %–
Amundi S.A.13.70.16+8.4 %★ 4/5

Data from the Investlytic screener. The rating of the stock being viewed is reserved for members.

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Detailed analysis · Price trend

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Global model trend and annual price variations · visible with a free account.

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Revenues & profits

Revenue and net income

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Chart of revenues and net income over 8 periods · real data, no estimates.

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Financial indicators

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18 financial indicators analyzed by groups of criteria: valuation, profitability, growth, solidity, dividend, and momentum.

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Annual financial statements

Fiscal yearRevenueNet income Net marginEPSRevenue growth
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Complete annual financial statements: revenue, net income, margin, and EPS over 8 fiscal years.

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Key reported figures

Revenue, net income and net margin reported by Banque Cantonale Vaudoise over the latest fiscal years.

Revenue
1.7 bn USD
fiscal year 2025
Net income
521 m USD
fiscal year 2025
Net margin
30.8 %
fiscal year 2025
Average annual growth
+8.0 %
Revenue growth over 5 years
Average annual growth
+3.3 %
Revenue growth over 10 years
Market cap
13.8 bn USD
Fiscal yearRevenueNet incomeNet marginRevenue growth
20201.2 bn401 m34.8 %n/a
20211.2 bn460 m37.7 %+5.7 %
20221.2 bn471 m37.8 %+2.5 %
20231.4 bn569 m40.6 %+12.3 %
20241.4 bn535 m38.6 %-1.3 %
20251.7 bn521 m30.8 %+22.5 %

Amounts converted to USD. Source: published annual accounts, collected on 30/10/2026.

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Accounts and financial health

Balance sheet and cash flow published by Banque Cantonale Vaudoise over the last fiscal years, strength scores and valuation by discounted cash flow (DCF).

Overview
average accounts
according to Altman Z, Piotroski and net debt
Altman Z-score
n/a
not applicable to banks and insurance
Piotroski Score
7 / 9
7 to 9: solid accounts
DCF Value
121.19 CHF
DCF close to share price · share price 132.70 CHF, gap -8.7 %
Net Debt / EBITDA
14.16 x
high debt
Fiscal year20212022202320242025
Cash and investments13.6 bn14.1 bn12.6 bn12.1 bn9.9 bn
Total Debt7.3 bn7.9 bn16.4 bn9.4 bn11.1 bn
Net Debt-6.2 bn-6.2 bn3.1 bn-2.3 bn1.8 bn
Equity3.6 bn3.7 bn3.9 bn3.9 bn4.0 bn
Total assets56.0 bn59.4 bn58.9 bn60.6 bn61.6 bn
Operating cash flow1.1 bn344 m-189 m6.1 bn551 m
Investments (capex)54.0 m54.0 m82.0 m159 m69.0 m
Free cash-flow1.1 bn290 m-271 m6.0 bn482 m
Share buybacks23.0 m24.0 m24.0 m28.0 m30.0 m
Dividends paid310 m318 m327 m370 m379 m

Amounts in CHF, currency of the published accounts.

Trailing 12-month ratios

Price / earnings (P/E)25.92 x
Price / book value2.98 x
Return on Equity (ROE)11.3 %
Return on Invested Capital (ROIC)0.7 %
Net margin30.1 %
Debt / equity4.41 x
Current ratio5.98 x
Interest coverage2.31 x
Free cash-flow yield4.2 %

Altman Z: default risk estimated from the balance sheet and earnings. Piotroski: 9 tests on profitability, debt and efficiency. DCF: estimated value from discounted future cash flows, a model and not a forecast. Source: annual accounts published by the company, data as of 05/11/2026.

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Valuation and competitors

Banque Cantonale Vaudoise compared with its sector on the same exchange and with its main competitors.

Company P/E
25.9

Direct competitors

CompanyMarket cap (USD)P/ENet margin
Banque Cantonale Vaudoise13.8 bn25.930.8 %
Banque Cantonale de Genève S.A. BCGE.SW3.0 bn10.129.6 %
Zuger Kantonalbank ZUGER.SW3.9 bn24.831.9 %
Basler Kantonalbank BSKP.SW652 m21.513.7 %
Berner Kantonalbank AG BEKN.SW4.9 bn22.425.7 %
Thurgauer Kantonalbank TKBP.SW781 m4.028.7 %
Graubündner Kantonalbank GRKP.SW2.3 bn27.332.7 %
Basellandschaftliche Kantonalbank BLKB.SW817 m4.817.4 %
St. Galler Kantonalbank AG SGKN.SW5.1 bn18.727.2 %

Trailing 12-month P/E. Sector: median of companies in the same sector listed on the same exchange, collected on 30/10/2026. Competitors: comparable companies named by the data provider.

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Analyst consensus and forecasts

What the financial analysts covering Banque Cantonale Vaudoise publish: ratings, price targets and earnings forecasts.

Majority rating
hold
1 analysts

Breakdown of ratings

strong buy 0buy 0hold 1sell 0strong sell 0

Price targets: published for companies listed in the United States only.

Analyst forecasts

Fiscal yearRevenueNet incomeExpected EPS (range)P/E on this EPSAnalysts
20261.2 bn453 m5.27 (5.27 / 5.27)25.21
20271.2 bn461 m5.37 (5.37 / 5.37)24.71
20281.2 bn480 m5.58 (5.58 / 5.58)23.81

Amounts in CHF, the reporting currency.

Source: ratings and forecasts published by analysts, collected on 03/11/2026. An analyst rating or target is not a guarantee.

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Dividends and earnings

Banque Cantonale Vaudoise: dividend history, last distributions, stock splits and earnings releases.

Frequency
annual
Last dividend
4.40 CHF
ex-dividend on 05/05/2026
Last 12 months
4.40 CHF
number of payments: 1
Yield
4.4 %
on the last known price
Years of increases
4
consecutive
Years of payments
22
uninterrupted
01.102.203.304.402007 : 0.700 CHF2008 : 1.40 CHF20082009 : 2.00 CHF2010 : 1.36 CHF20102011 : 1.00 CHF2012 : 1.00 CHF20122013 : 1.00 CHF2014 : 1.00 CHF20142015 : 1.00 CHF2016 : 1.00 CHF20162017 : 1.00 CHF2018 : 3.30 CHF20182019 : 3.50 CHF2020 : 3.60 CHF20202021 : 3.60 CHF2022 : 3.70 CHF20222023 : 3.80 CHF2024 : 4.30 CHF20242025 : 4.40 CHF2026 : 4.40 CHF2026

Annual dividend per share (CHF), adjusted for splits. Light bar: current year, incomplete. Red bar: lower than the previous year.

Latest ex-dividend dates

Ex-dividendAmountPayment
05/05/20264.40 CHF07/05/2026
12/05/20254.40 CHF14/05/2025
29/04/20244.30 CHF02/05/2024
08/05/20233.80 CHF10/05/2023
09/05/20223.70 CHF11/05/2022
03/05/20213.60 CHF05/05/2021
05/05/20203.60 CHF07/05/2020
06/05/20193.50 CHF08/05/2019

Stock splits

DateOperation
28/05/2020split: 10 shares for 1

Factual data: ex-dividend history and earnings calendar, as of 05/11/2026. A past dividend does not guarantee the next one.

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Who owns the stock

Free float, institutional investors, large funds, executives and elected officials: declared positions in Banque Cantonale Vaudoise.

Free float
32.6 %
share of freely traded shares

Sources: 13F filings (quarter shown), executives' Form 4 filings and US Congress members' disclosures, collected on 01/11/2026. Detailed disclosure obligations mainly apply to companies listed in the United States.

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PEA and practical information

PEA eligibility
no
head office outside the EU and EEA
Listing exchange
SIX Swiss Exchange
IPO: 06/12/2002
ISIN code
CH0531751755
Workforce
2,089
full-time employees
Chief executive
Pascal Kiener
Next earnings
25/02/2027

Rule applied: the French PEA accepts shares of companies headquartered in the European Union or the European Economic Area and subject to corporate income tax; ADRs and tax-exempt property companies (SIIC) are excluded. The institution holding the PEA confirms eligibility.

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Frequently asked questions about Banque Cantonale Vaudoise

What is the Banque Cantonale Vaudoise share price?

Latest recorded price: 132.70 CHF on 30/10/2026, for a market cap of 13.8 bn USD.

What is the revenue of Banque Cantonale Vaudoise?

1.7 bn USD for fiscal year 2025, with net income of 521 m USD (net margin 30.8 %).

Does Banque Cantonale Vaudoise pay a dividend?

Yes. Latest dividend: 4.40 CHF per share, ex-dividend on 05/05/2026. Over 12 months: 4.40 CHF. Yield on the latest known price: 4.4 %.

When does Banque Cantonale Vaudoise report its next earnings?

The next release is expected on 25/02/2027.

What do analysts say about Banque Cantonale Vaudoise?

Out of 1 analysts: 0 buy or strong buy, 1 hold, 0 sell or strong sell.

What is the P/E ratio of Banque Cantonale Vaudoise?

Trailing 12-month P/E of 25.9.

Is Banque Cantonale Vaudoise stock eligible for the French PEA?

No: the company is headquartered outside the European Union and the European Economic Area (ISIN CH0531751755).

How many employees does Banque Cantonale Vaudoise have?

2,089 full-time employees according to the latest published profile.

Who runs Banque Cantonale Vaudoise?

Pascal Kiener is the company's chief executive.

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