Baloise Holding AG (BALN) AI Stock Analysis

• Market Cap: CHF9.10B
• Dividend Yield: 3.99%
• Average Volume (3M): 71.41K
• Price to Earnings (P/E): 20.8
• Beta (1Y): 0.50
• Revenue Growth: -9.11%
• EPS Growth: 73.67%
• Country: CH
• Employees: 7,693
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Diversified
• EPS (TTM): N/A
• Shares Outstanding: 45,800,000
• 10 Day Avg. Volume: 55,844
• 30 Day Avg. Volume: 71,406
• PEG Ratio: 0.32
• Price to Book (P/B): 2.05
• Price to Sales (P/S): 1.17
• P/FCF Ratio: 129.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: CHF232.60
• Price Target Upside: 14.58% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: CHF217.00 ▲(6.90% Upside)

Baloise Holding AG's overall score is driven by strong earnings call results and a solid cash flow position. While the financial performance shows some challenges, the strategic initiatives and attractive valuation provide a positive outlook. Technical indicators suggest stability, but not strong momentum.

Baloise Holding AG Business Overview & Revenue Model

Company Description

Bâloise Holding AG, together with its subsidiaries, primarily engages in the insurance and banking businesses in Switzerland, Germany, Belgium, Luxembourg. It operates through Non-Life, Life, Asset Management & Banking, and Other Activities segments. The company offers various non-life insurance products, including accident, health, general liability, motor, fire and other property, marine, credit protection, and legal expenses insurance. It also provides life insurance products, which include endowment policies, such as conventional and unit-linked life insurance; group life insurance products; term insurance; immediate and deferred annuities; and policy riders, including premium waiver, accidental death, and disability. In addition, the company operates Baloise Bank SoBa, a bank in Switzerland; and offers asset management services. Further, it has interests in equity investment companies, real-estate firms, and financing companies. The company sells its products and services to individuals, small and medium sized enterprises, and industrial clients. Bâloise Holding AG was founded in 1863 and is headquartered in Basel, Switzerland.

How the Company Makes Money

Baloise Holding AG generates revenue primarily through insurance premiums collected from its policyholders. The company offers a diverse portfolio of insurance products, including life insurance, property and casualty insurance, and health insurance, which are key revenue streams. Additionally, Baloise earns income from investment activities, as it invests the premiums received in various financial instruments to generate returns. The firm also benefits from fee-based income from asset management services provided to clients. Significant partnerships with financial institutions and strategic alliances enhance Baloise's distribution capabilities and broaden its market reach, contributing positively to its overall earnings.

Baloise Holding AG Financial Statement Overview

Summary

Baloise Holding AG demonstrates a solid cash flow position, providing a buffer against income volatility and balance sheet leverage. However, declining revenue and profitability margins pose challenges that need addressing to improve overall financial health and shareholder value.

Income Statement

Baloise Holding AG shows a fluctuating revenue trend, with revenue decreasing from 2019 to 2024. Despite a challenging EBIT position with a significant loss in 2022, the net profit margin remains positive but has been declining recently. The EBITDA margin has shown slight improvement in the latest year, indicating some operational efficiency.

Balance Sheet

The company has maintained a relatively stable debt-to-equity ratio, but the leverage is slightly high for the industry. The equity ratio has declined over the years, reflecting increased liabilities. The return on equity has seen a downward trend, highlighting potential challenges in generating returns for shareholders.

Cash Flow

Baloise Holding AG's cash flow statement indicates stable cash management with a positive free cash flow in the latest year, showing resilience in cash generation. Operating cash flow to net income ratio is strong, although free cash flow growth has faced some volatility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	8.26B	6.36B	6.96B	5.98B	10.08B	8.58B
Gross Profit	2.61B	6.36B	7.04B	5.98B	10.08B	8.58B
EBITDA	489.20M	618.90M	445.00M	440.40M	838.20M	660.20M
Net Income	440.90M	384.80M	239.60M	548.00M	588.40M	434.30M
Balance Sheet
Total Assets	78.23B	79.98B	77.87B	77.99B	89.16B	87.69B
Cash, Cash Equivalents and Short-Term Investments	2.90B	9.37B	2.80B	9.46B	3.85B	3.90B
Total Debt	0.00	5.75B	5.25B	2.61B	5.25B	4.82B
Total Liabilities	75.34B	76.34B	74.61B	74.58B	81.86B	80.70B
Stockholders Equity	3.04B	3.63B	3.25B	3.41B	7.29B	6.98B
Cash Flow
Free Cash Flow	808.40M	57.70M	439.20M	-199.10M	2.71B	383.00M
Operating Cash Flow	829.50M	122.60M	495.50M	-153.20M	2.76B	454.30M
Investing Cash Flow	23.40M	-62.50M	-191.60M	-329.80M	-2.41B	-27.20M
Financing Cash Flow	-531.00M	-347.80M	-596.90M	-135.10M	-213.40M	-394.80M

Baloise Holding AG Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 203.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:BALN, the sentiment is Positive. The current price of 203 is above the 20-day moving average (MA) of 200.49, above the 50-day MA of 199.68, and above the 200-day MA of 187.88, indicating a bullish trend. The MACD of 0.73 indicates Negative momentum. The RSI at 57.99 is Neutral, neither overbought nor oversold. The STOCH value of 83.60 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CH:BALN.

Baloise Holding AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ZURN	78 Outperform	$79.70B	15.82	23.97%	4.94%	-7.33%	17.93%
SREN	73 Outperform	$40.21B	13.55	17.22%	4.02%	-4.94%	-5.71%
VAHN	70 Outperform	€1.83B	12.14	6.06%	3.76%	-1.58%	4.07%
BALN	68 Neutral	CHF9.10B	20.76	―	3.99%	-9.11%	73.67%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
SLHN	68 Neutral	$24.92B	21.07	17.11%	4.01%	-1.65%	10.05%
HELN	59 Neutral	CHF10.64B	19.44	―	3.33%	-1.57%	95.56%

Baloise Holding AG Corporate Events

Baloise Wins Swiss Film Award for Innovative Advertising Film

Baloise Holding AG’s short advertising film, ‘Baloise x Tschugger: The Bank Job,’ has won first place in the ‘Corporate Communication – Branded Content’ category at the Swiss Film Award Edi. The film, created in collaboration with the creators of the Swiss TV series Tschugger, aims to increase brand awareness and creatively showcase Baloise’s Insurbanking model. The award highlights Baloise’s innovative communication strategy and strengthens its position in the financial services industry by demonstrating its unique combination of banking and insurance services.

The most recent analyst rating on (CH:BALN) stock is a Hold with a CHF217.00 price target. To see the full list of analyst forecasts on Baloise Holding AG stock, see the CH:BALN Stock Forecast page.

Baloise Study Highlights Swiss Saving Challenges and Retirement Concerns

A recent study by Baloise and YouGov reveals that less than half of the Swiss population can save money, highlighting significant regional differences and a strong emphasis on saving for unforeseen expenses. The study underscores the importance of financial education, as many Swiss feel unprepared for retirement, with a notable gap between the desire for early retirement and actual planning. Baloise emphasizes proactive financial planning to address these concerns, advocating for early engagement in retirement planning and wealth building.

The most recent analyst rating on (CH:BALN) stock is a Hold with a CHF213.00 price target. To see the full list of analyst forecasts on Baloise Holding AG stock, see the CH:BALN Stock Forecast page.

Baloise and Helvetia Secure Key Approvals for December 2025 Merger

Baloise Holding AG and Helvetia have received further regulatory approvals for their planned merger, including clearance from the Swiss Competition Commission and the European Commission’s review of the Foreign Subsidies Regulation. The merger is set to be completed on December 5, 2025, pending final regulatory approvals, with Baloise shares to be delisted and new Helvetia Baloise shares expected to trade on December 8, 2025. This merger marks a significant step in consolidating their market position and enhancing their service offerings, benefiting stakeholders by potentially increasing operational efficiencies and market reach.

The most recent analyst rating on (CH:BALN) stock is a Hold with a CHF218.00 price target. To see the full list of analyst forecasts on Baloise Holding AG stock, see the CH:BALN Stock Forecast page.

Baloise Holding’s Earnings Call Highlights Strong Growth

Baloise Holding’s recent earnings call revealed a robust financial performance, marked by strong results and effective strategic execution. Despite facing challenges in the Life segment and increased costs due to strategic initiatives, the company remains optimistic about its future prospects, particularly with the planned merger with Helvetia.

Baloise Reports Strong First Semester 2025 with Strategic Gains

Baloise in Switzerland reported a successful first semester of 2025, driven by its refocusing strategy that improved operational strength and profitability in both its insurance and banking sectors. The company achieved a significant improvement in its claims-cost ratio and increased its EBIT contribution, while the banking sector saw enhanced efficiency and a reduced cost-income ratio. Strategic personnel changes and the planned merger with Helvetia are expected to further consolidate Baloise’s market position in Switzerland, opening new growth opportunities and reaffirming its medium-term goals.

The most recent analyst rating on (CH:BALN) stock is a Buy with a CHF232.60 price target. To see the full list of analyst forecasts on Baloise Holding AG stock, see the CH:BALN Stock Forecast page.

Baloise Reports Strong Half-Year Results Amid Strategic Refocus

Baloise Holding AG reported strong half-year results for 2025, with a significant increase in shareholder profit by 25.5% to CHF 275.9 million, driven by a robust non-life business and improved financial results. The company is successfully implementing its refocusing strategy, maintaining a stable business volume, and achieving a strong return on equity of 15.5%. Despite challenges such as the rockfall in Blatten, Baloise demonstrated its commitment to social responsibility by providing swift assistance, highlighting the importance of its insurance services.

The most recent analyst rating on (CH:BALN) stock is a Buy with a CHF232.60 price target. To see the full list of analyst forecasts on Baloise Holding AG stock, see the CH:BALN Stock Forecast page.