Banque Cantonale Vaudoise (VTX:BCVN) results for the first half of 2024
Key financial results
- Sales: CHF 580.9 million (unchanged in the first half of 2023).
- Net profit: CHF 221.1 million (-7.9% compared to the first half of 2023).
- Profit margin: 38% (compared to 41% in H1 2023).
All figures shown in the graph above refer to the last 12 months (TTM)
Insights into the earnings of Banque Cantonale Vaudoise
An average sales growth of 1.2% pa is expected for the next three years. In the Swiss banking sector, however, growth of 1.7% is forecast.
Performance of the Swiss banking industry.
The company’s shares fell 1.4 percent compared to the previous week.
Balance sheet analysis
Although it is very important to consider the income statement, you can also learn a lot about a company by looking at its balance sheet. We have done some analysis and You can view our assessment of the balance sheet of Banque Cantonale Vaudoise.
Valuation is complex, but we are here to simplify it.
Find out if Banque Cantonale Vaudoise could be under- or overvalued with our detailed analysis, including Fair value estimates, potential risks, dividends, insider trading and the company’s financial condition.
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