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Banque Cantonale Vaudoise (CH:BCVN)
:BCVN
Switzerland Market

Banque Cantonale Vaudoise (BCVN) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Aug 20, 2026
Before Open (Confirmed)
Period Ending
2026 (Q2)
Consensus EPS Forecast
Last Year’s EPS
2.5
Same Quarter Last Year
Based on 0 Analysts Ratings

Earnings Call Summary

Q4 2025
Earnings Call Date:Feb 12, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call presents a largely constructive picture: revenues were stable (‑0.4%), net profit held up well at CHF 430 million (‑2%), commissions and trading income helped offset declines in core NII, capital and liquidity metrics (CET1 18%, HQLA +CHF1.3bn, shareholder equity ≈CHF4bn) are strong, and retail/mortgage volumes grew (mortgages +5%, deposits +4%). Key challenges are the decline in NII (pure NII down ~CHF31m, ≈‑5%), continued low trade finance activity, slightly higher personnel costs, and a multi-year uptick in the loan-to-deposit ratio—none of which appear to threaten the bank’s stability in the near term. Overall, positive operating resilience and strong balance-sheet metrics outweigh the headwinds.
Company Guidance
Management said it will not give formal numerical guidance, instead stressing a stable, diversified business model and directional expectations: FY25 revenues were broadly flat (-0.4%) with net profit CHF 430m (down 2% y/y) and a proposed unchanged dividend of CHF 4.40 (within the communicated CHF 4.30–4.70 interval); retail mortgage volumes +5% and retail customer deposits +4% (overall volumes up 2–6% by segment), trade finance +8%, customer deposits +0.6%, net new money CHF 3.8bn and market performance adding CHF 6bn (AUM +8%); pure NII fell from CHF 627m to CHF 596m (‑CHF31m) with NII before impairments down ~CHF 26–28m, balance‑sheet management charges ~‑CHF70m offset by trading income +CHF89m (net +CHF19m) and reported trading income CHF195m (business view CHF106m vs CHF99m); financial investments/HQLA increased CHF 1.3bn, shareholders’ equity is ~CHF 4bn and CET1 stands at 18% (described as “excessive” vs a longer‑run operating range of ~14–15%), LCR/NSFR at comfortable levels, COVID bridge loans 90% repaid (81% by customers, 9% by the Confederation), and management expects Swiss/Vaud GDP ≈1% over the next two years (0.8–1.5%) with population growth ~1.1–1.3% p.a.; BCV will target cautious, quality mortgage growth of ~4–5% and retain a prudent stance on capital and the dividend.
Revenue Stability
Group revenue essentially stable, down only 0.4% year-over-year, reflecting resilience across business lines.
Solid Net Profit
Net profit of CHF 430 million, only 2% below prior year (2024 was the second-best result in BCV history), demonstrating strong profitability in a challenging interest-rate environment.
Dividend Maintained
Proposed dividend of CHF 4.40 per share, unchanged from prior year, reflecting a conservative but shareholder-friendly distribution policy.
Commission Growth Partially Offsetting NII Decline
Net interest income (NII) declines were largely offset by higher commissions: NII before loan impairments fell by about CHF 26–31 million while commissions rose by approximately CHF 25 million.
Wealth & Trading Performance
Wealth management, trading and structured products performed well: trading income reported at CHF 195 million (stable year-over-year) and business-level trading income up to CHF 106 million from CHF 99 million (≈+7%).
Net New Money and AUM Growth
Net new money of CHF 3.8 billion and favorable market performance of CHF 6 billion; assets under management up about 8%.
Strong Capital and Liquidity Metrics
CET1 ratio at a robust 18% (Basel final provided a positive uplift of ~1.4 percentage points), shareholder equity approaching CHF 4 billion, LCR and NSFR at comfortable levels.
Retail & Mortgage Volume Growth
Retail banking volumes increased: mortgage loans up ~5% and customer deposits up ~4% in key segments; overall volume categories (mortgage, other loans, deposits, AUM) showed increases generally between 2% and 6% depending on segment.
Higher HQLA / Liquidity Reserve
Financial investments held for liquidity (HQLA) increased by CHF 1.3 billion as part of a deliberate liquidity strategy; customer deposits up 0.6%.
COVID-19 Bridge Loan Recoveries
90% of COVID-19 bridge loans repaid (81% by customers, 9% by the confederation), leaving limited residual exposure and signaling better-than-expected recovery in that program.

Banque Cantonale Vaudoise (CH:BCVN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

CH:BCVN Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Aug 20, 2026
2026 (Q2)
- / -
2.497
Feb 12, 2026
2025 (Q4)
- / 2.50
2.555-2.31% (-0.06)
Aug 21, 2025
2025 (Q2)
- / 2.50
2.574-2.99% (-0.08)
Feb 13, 2025
2024 (Q4)
- / 2.56
2.669-4.27% (-0.11)
Aug 22, 2024
2024 (Q2)
- / 2.57
2.794-7.87% (-0.22)
Feb 08, 2024
2023 (Q4)
- / 2.67
2.2319.69% (+0.44)
Aug 17, 2023
2023 (Q2)
- / 2.79
2.29221.90% (+0.50)
Feb 09, 2023
2022 (Q4)
- / 2.23
2.392-6.77% (-0.16)
Aug 18, 2022
2022 (Q2)
- / 2.29
2.01813.58% (+0.27)
Feb 17, 2022
2021 (Q4)
- / 2.39
2.01618.65% (+0.38)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

CH:BCVN Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 12, 2026
CHF107.10CHF110.90+3.55%
Aug 21, 2025
CHF93.55CHF96.95+3.63%
Feb 13, 2025
CHF90.05CHF89.72-0.37%
Aug 22, 2024
CHF87.90CHF87.38-0.60%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Banque Cantonale Vaudoise (CH:BCVN) report earnings?
Banque Cantonale Vaudoise (CH:BCVN) is schdueled to report earning on Aug 20, 2026, Before Open (Confirmed).
    What is Banque Cantonale Vaudoise (CH:BCVN) earnings time?
    Banque Cantonale Vaudoise (CH:BCVN) earnings time is at Aug 20, 2026, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
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          What is the P/E ratio of Banque Cantonale Vaudoise stock?
          The P/E ratio of Banque Cantonale Vaudoise is N/A.
            What is CH:BCVN EPS forecast?
            Currently, no data Available