Thurgauer Kantonalbank (TKBP) AI Stock Analysis

• Market Cap: €636.00M
• Dividend Yield: 2.14%
• Average Volume (3M): 984.00
• Price to Earnings (P/E): 4.0
• Beta (1Y): 0.05
• Revenue Growth: -0.48%
• EPS Growth: -0.59%
• Country: CH
• Employees: 560
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 19.13
• Shares Outstanding: 4,000,000
• 10 Day Avg. Volume: 958
• 30 Day Avg. Volume: 984
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: €175.00
• Price Target Upside: 10.06% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 77 Outperform
• Price Target: CHF175.00 ▲(10.06% Upside)

The overall score is driven by strong technical indicators and attractive valuation metrics, highlighting the stock's potential for growth and value. Financial performance is solid but tempered by revenue and cash flow challenges, which slightly impact the overall assessment.

Thurgauer Kantonalbank Business Overview & Revenue Model

Company Description

Thurgauer Kantonalbank provides various banking products and services to private individuals, businesses, companies, and public sectors in Switzerland. It offers accounts, home and personal loans, mortgages, asset management, financial planning, guarantees, cards, mobile payment, and online banking services. The company also provides investment and real estate services. It operates through a network of 28 branches and 70 ATMs. Thurgauer Kantonalbank was founded in 1871 and is headquartered in Weinfelden, Switzerland.

How the Company Makes Money

Thurgauer Kantonalbank makes money through various revenue streams typical of a full-service bank. The primary sources of income include net interest income from loans and advances provided to individuals and businesses. The bank also earns fees and commissions from services such as wealth management, payment processing, and securities trading. Additionally, TKBP generates revenue through trading activities and investments in financial markets. Being a cantonal bank, it benefits from a government guarantee, which can enhance its creditworthiness and facilitate favorable borrowing conditions, further contributing to its earnings.

Thurgauer Kantonalbank Financial Statement Overview

Summary

Thurgauer Kantonalbank shows solid profitability and a robust equity position, but faces challenges with revenue contraction and cash flow volatility, which affect its financial resilience.

Income Statement

Thurgauer Kantonalbank has demonstrated stable revenue generation with a consistent gross profit margin of 100%. However, recent revenue growth has been negative, which impacts overall performance. The EBIT and net profit margins are healthy, indicating effective cost management.

Balance Sheet

The bank maintains a strong equity base with an increasing equity ratio, enhancing financial stability. However, the debt-to-equity ratio is relatively high, suggesting a reliance on leverage, which poses some risk, particularly in volatile market conditions.

Cash Flow

Cash flow from operations has been volatile, with negative figures impacting free cash flow stability. Although recent improvements in free cash flow are encouraging, the overall cash flow situation requires careful management to ensure future liquidity.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	409.62M	426.89M	433.21M	392.87M	385.32M
Gross Profit	409.62M	414.43M	433.21M	392.87M	385.32M
EBITDA	171.76M	185.55M	173.28M	169.88M	151.39M
Net Income	158.02M	158.95M	147.85M	145.55M	139.08M
Balance Sheet
Total Assets	35.43B	32.80B	33.29B	30.13B	28.71B
Cash, Cash Equivalents and Short-Term Investments	6.02B	4.98B	6.14B	4.87B	4.45B
Total Debt	8.87B	11.12B	11.63B	9.11B	8.84B
Total Liabilities	32.60B	30.10B	30.72B	27.68B	26.33B
Stockholders Equity	2.83B	2.70B	2.56B	2.46B	2.38B
Cash Flow
Free Cash Flow	336.85M	-1.10B	376.23M	182.72M	139.98M
Operating Cash Flow	340.99M	-1.09B	388.64M	196.16M	151.32M
Investing Cash Flow	-1.52B	-938.29M	757.51M	-524.07M	997.65M
Financing Cash Flow	2.23B	-252.77M	121.65M	744.84M	207.52M

Thurgauer Kantonalbank Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 159.00
• 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:TKBP, the sentiment is Positive. The current price of 159 is above the 20-day moving average (MA) of 156.52, above the 50-day MA of 154.15, and above the 200-day MA of 137.60, indicating a bullish trend. The MACD of 1.25 indicates Negative momentum. The RSI at 60.49 is Neutral, neither overbought nor oversold. The STOCH value of 85.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CH:TKBP.

Thurgauer Kantonalbank Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TKBP	77 Outperform	€636.00M	4.02	5.60%	2.14%	-0.48%	-0.59%
Sector *	68 Neutral	$17.48B	11.72	10.44%	3.82%	10.01%	1.29%
0RE6	―	CHF2.00B	23.32	5.30%	2.98%	―	―
BSKP	―	CHF386.54M	16.62		4.29%	―	―
GRKP	―	CHF1.32B	21.70		2.70%	―	―
BCJ	70 Outperform	CHF185.70M	15.32		3.63%	-9.68%	-13.74%
BLKB	―	CHF508.06M	2.81		4.65%	―	―

Thurgauer Kantonalbank Corporate Events

Thurgauer Kantonalbank’s 2024 Reports Approved with Increased Dividend

The Thurgau Grand Council has approved TKB’s 2024 annual and sustainability reports, finalizing a dividend increase to 3.40 francs per participation certificate. The bank will distribute over 60 million francs to the canton, benefiting from strong financial results. This includes a profit distribution of 52.8 million francs and additional compensations, reflecting TKB’s robust performance and commitment to stakeholders.