TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Basellandschaftliche Kantonalbank ( (CH:BLKB) ) has provided an update.
Basellandschaftliche Kantonalbank (BLKB) announced that both its Chairman, Thomas Schneider, and CEO, John Häfelfinger, will leave their positions by the end of July 2025. The departures are part of an accelerated succession process, with Deputy Chairwoman Nadia Tarolli Schmidt and Deputy CEO Christoph Schär temporarily assuming their roles. This leadership change comes amid political discussions affecting the bank, but BLKB remains well-positioned for future growth, maintaining strong capitalization and a focus on sustainable development.
More about Basellandschaftliche Kantonalbank
Basellandschaftliche Kantonalbank (BLKB) is the largest bank in the Basel region and a leading financial institution in Northwestern Switzerland. With around 1000 employees, 23 branches, and a balance sheet total of over 36 billion francs, BLKB focuses on investment, pension, and corporate banking. The bank is committed to sustainable development and the financial health of its customers, aligning its strategy with the performance mandate of the Canton of Basel-Landschaft, which owns 74% of the bank. BLKB is part of the BLKB Group and holds a strong ‘AA+’ rating from Standard & Poor’s.
Average Trading Volume: 396
Technical Sentiment Signal: Strong Buy
Current Market Cap: CHF511.4M
For an in-depth examination of BLKB stock, go to TipRanks’ Overview page.