NEWS BITES - PEOPLE IN BUSINESS
Pascal Kiener's performance as Chief Executive Officer of Banque Cantonale Vaudoise (SIX:BCVN) is ranked in the second quartile of BuySellSignals performers by 3-years average annual return of 17.2%. This corresponds to a percentile ranking of 63.2 out of 209 companies listed in Swiss. The present value of US$1,000 (PV1000) invested 3 years ago is now worth $1,616; a capital gain of $414 and dividend reinvested of $202.
Banque Cantonale Vaudoise (SIX:BCVN) has soared CHF26.06 (or 41.4%) in the past three years to close at CHF89.0 today.
Prices are adjusted for a share split. On May 28, 2020 shareholders received 10 shares for every 1 share held prior to that date.
Compared with the Swiss Market Index SMI Price Index which has risen 25.0% over the same period, this is a relative price increase of 16.4%.
In the past three years market cap has jumped by CHF1.5 billion to CHF7.7 billion ($8.3 billion).
PIB DASHBOARD
| Name | Pascal Kiener |
| Designations | Chief Executive Officer |
| Tenure | 14 Yrs, 10 Mos |
BANQUE CANTONALE VAUDOISE: Short Stock Dashboard
+ Banque Cantonale Vaudoise (BCVN: CHF89.0) Market Cap $8 billion, P/E: 22.2, PV$1000 (1 yr): CHF1,260
IN TODAY'S REPORT:
SECTION 1 BIOGRAPHY: PASCAL KIENER, CEO
SECTION 2 THE PAST QUARTER: FINANCIALS
SECTION 3 BANQUE CANTONALE VAUDOISE: CORPORATE PROFILE
SECTION 4 BANQUE CANTONALE VAUDOISE: BOARD AND MANAGEMENT
SECTION 4 BANQUE CANTONALE VAUDOISE: PRICE PERFORMANCE SCORECARD
SECTION 5 BANQUE CANTONALE VAUDOISE: SIZE AND GLOBAL RANK
SECTION 1 BIOGRAPHY: PASCAL KIENER, CEO
CEO since 1 May 2008
Swiss citizen, born in 1962 Education
MSc in mechanical engineering from the Swiss Federal Institute of Technology in Lausanne (EPFL) in 1985. MBA from INSEAD in Fontainebleau in 1992 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, he was made partner and a member of the Management Committee of McKinsey Switzerland. He acquired experience in financial services, and in banking in particular, during these years as an advisor for leading financial institutions in Switzerland and other European countries. He managed large projects involving strategy, risk management, controlling, and business process re-engineering. Mr. Kiener joined BCV as CFO on 1 June 2003 and was appointed CEO on 1 May 2008.
PermID: 34413470340
SECTION 2 THE PAST QUARTER: FINANCIALS
Banque Cantonale Vaudoise Net Profit up 4.5%
Banque Cantonale Vaudoise (SIX:BCVN) reported net profit for the year-ended 31 December 2021 [FY2021] of CHF379m ($414m), up 4.5% from CHF363m (0) in the previous year.
SECTION 3 BANQUE CANTONALE VAUDOISE: CORPORATE PROFILE
3.1 Banque Cantonale Vaudoise Activities
Banque Cantonale Vaudoise is a Swiss banking company that concentrates its general banking business in the Vaud Canton, Switzerland. The Bank has four core competences: private banking and asset management, corporate banking, retail banking, and trading. It is Switzerland's 4th largest Financials company by market capitalisation.
3.2 BANQUE CANTONALE VAUDOISE Stock Dashboard [traded in Swiss Franc, CHF] End-of-Day
| Exchange | SWISS [CHI-X (Swiss),SIX Swiss] | 52-Week Price Range | 71.50 - 98.80 |
| Currency | 1.000 CHF = 1.083 USD | Sector | Financials |
| Mar 22, 2023 | CHF89.0 | Independent Rating | Ranked 1846 in Forbes 2000 |
| EPS (FY2021) | CHF4.0 | Market Cap | CHF8 billion [US$8 billion] |
| BCVN P/E | Stock 22.2; Sector 17.6 | Shares Outstanding | 86,061,900 |
| BCVN Dividend Yield % (TTM) | Stock 4.2; Sector 4.6 | BCVN in Indices | Financials [of 43 stocks] |
| DPS (past 12 months) | CHF4 | PVCHF1000 (1 yr) PVUS$1000 (1 yr) | CHF1,260 US$1,270* |
| Ave Daily Volume | 91,356 shares |
SECTION 4 BANQUE CANTONALE VAUDOISE: BOARD AND MANAGEMENT
4.1 Top Management
Top Management [Three top executives with tenure > 14 yrs]
| Name | Designation | Since Appointment |
| Pascal Kiener | Chief Executive Officer | 14 Yrs, 10 Mos |
| Bertrand Sager | Chief Operating Officer | - |
| Paul Andre Sanglard | Vice Chairman | - |
SECTION 4 BANQUE CANTONALE VAUDOISE: PRICE PERFORMANCE SCORECARD (SWISS:BCVN):
4.1 Stock vs Index (Annual Percentage Change)
| December 31 | Last price in CHF | Annual Return | Return of Swiss Market Index SMI Price Index |
| 2022 | 88.8 | 31.2 | -16.9 |
| 2021 | 67.6 | -23.5 | 20.7 |
| 2020 | 88.4 | 27.4 | 0.8 |
| 2019 | 69.4 | 11.6 | 26.0 |
| 2018 | 62.2 | - | - |
Over 5 years Banque Cantonale Vaudoise is up a total 42.6% at an annualized rate of 9.3% compared to the Index being up 27.3% at an annualized rate of 6.2%.
Banque Cantonale Vaudoise has outperformed the Swiss Market Index SMI Price Index in 2 of the past 5
years: 2022, 2020.
4.2 Total Shareholder Returns [TSR] (Past 10 years)
Banque Cantonale Vaudoise is ranked in the top 7% of BuySellSignals performers for the past ten years; a percentile ranking of 93. In the last 10 years the average annualized return to shareholders was 17.6%. The 10-year average return is ranked 3,289 out of 57,947 public companies traded globally. A five-bagger, the present value of US$1,000 (PV1000) invested 10 years ago is now worth $5,052; a capital gain of $2,938 and dividend reinvested of $1,114.
4.3 Annualised Period-based Total Shareholder Returns [TSR %]: The Best Periods with TSR > 12%
| TSR % | 1 yr | 3 yrs | 5 yrs | 10 yrs |
| BCVN.SIX | 26 | 17.2 | 12.1 | 16.8 |
4.4 MCap History:
MCap: 5-Year Increase of CHF886 M [$960M] (13%)
In the past 5 years Market Capitalization has increased by CHF886.4 million (13%) from CHF6.8 billion to CHF7.7 billion. Based on a dynamic start date of 5 years ago, there have been declines in MCap in 3 out of 5 years.
| Price | MCap (CHF M) | MCap ($ M) | |
| Last | CHF89.0 | 7,659.5 | 8,292.3 |
| 1 Year ago | CHF73.94 | 6,661.2 | 7,143.1 |
| 2 Years ago | CHF88.26 | 8,270.5 | 8,916.4 |
| 3 Years ago | CHF62.94 | 6,162 | 6,286.8 |
| 4 Years ago | CHF67.79 | 6,945.2 | 7,005.8 |
| 5 Years ago | CHF63.44 | 6,773.1 | 7,091.3 |
4.5 Moving Annual Return of 25.4% in the past year:
Moving Annual Return was 25.4% in the past year. Based on a dynamic start date of 5 years ago, the real rate of return has averaged 13.9%. The Moving Annual Return has been positive in 3 of the last 5 years.
| BCVN | Close (CHF) | Dividends (CHF) | Capital Gain / (Loss) % | % Yield | Annual Return % |
| Mar 22 | 89 | 3.7 | 20.4 | 5 | 25.4 |
| 1 Yr ago | 73.94 | 3.6 | (16.2) | 4.1 | (12.1) |
| 2 Yrs ago | 88.26 | 3.6 | 40.2 | 5.7 | 45.9 |
| 3 Yrs ago | 62.94 | 3.5 | (7.2) | 5.2 | (2.0) |
| 4 Yrs ago | 67.79 | 3.3 | 6.9 | 5.2 | 12.1 |
Close 5 years ago CHF63.44
Prices are adjusted for a share split. On May 28, 2020 shareholders received 10 shares for every 1 share held prior to that date.
4.6 Present Value of CHF1000 invested in the past
The present value of CHF1000 invested a year ago is CHF1,260
| PV1000 | 1-week | 1-month | 1-year |
| BCVN.SIX | 1,069 | 1,074 | 1,260 |
| Swiss Market Index SMI Price Index | 1,030 | 964 | 882 |
4.7 Price Change % (1 Mo, 3 Mo, 1 Yr)
1-Year price change of 20.4% for Banque Cantonale Vaudoise outperformed the change of -11.3% in the Swiss Market Index SMI Price Index for a relative price change of 31.6%.
| Price Change % | 1-Month | 3-Month | 1-Year |
| BCVN | 7.4 | -2.6 | 20.4 |
| Financials sector | -6.6 | -3.9 | -16.6 |
| Swiss Market Index SMI Price Index | -4.6 | 0.1 | -11.3 |
SECTION 5 BANQUE CANTONALE VAUDOISE: SIZE AND GLOBAL RANK (SWISS:BCVN):
5.1 Rank in the top 21% by Size in the Swiss market
| Description | Value | Rank |
| MCap | $8 billion | In Top 17% |
| Ave daily Turnover | CHF8.8 million ($9.6 million) | In Top 21% |
5.2 Global Rank [out of 47,534 stocks]
| Description | Value | Rank | Quartile |
| MCap ($) | 8.3B | 1,941 | Top |
| Total Assets ($) | 60.4B | 853 | Top |
| Revenue ($) | 537.7M | 9,674 | Top |
| Net Profit ($) | 408.9M | 2,628 | Top |
| Return on Equity % | 10.4 | 13,650 | Second |
| Net Profit Margin % | 76.0 | 1,270 | Top |
| Price to Book | 2.1 | 22,021 | Second |
| Price/Earnings | 22.2 | 15,948 | Second |
| Yield % | 4.2 | 8,054 | Top |
| PV1000 (1Year) $* | 1,270 | 5,026 | Top |
| $* Change (1Year) % | 23.0 | 5,464 | Top |
* 1 year ago CHF 1 = $ 1.07
Mar 22, 2023: CHF 1 equals $ 1.08
5.3 Rank in the bottom 17% by Price Performance in the Swiss market
| Description | Value | Rank |
| Rel Strength 6 mo | 18 | In Bottom 17% |
5.4 Rank in the top 15% by Price Performance in the Swiss market
| Description | Value | Rank |
| 1-month Price Change % | 7.4 | In Top 9% |
| PV1000 [1 yr] $ | 1,270 | In Top 12% |
| 1-week Price Change % | 6.9 | In Top 12% |
| Price/MAP50 | 1.04 | In Top 15% |
5.5 Rank in the bottom 10% by Productivity in the Swiss market
| Description | Value | Rank |
| Return on Assets [ROA] % | 0.7 | In Bottom 10% |
| Return on Capital Employed [ROCE] % | 0.8 | In Bottom 8% |
Banque Cantonale Vaudoise
ISIN: CH0531751755
Stock PermID: 4295890966
People's PermID: 34413470340
RIC: BCVN.S
Source: www.BuySellSignals.com