Banque Cantonale Vaudoise/Fr. BCVN

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About Banque Cantonale Vaudoise

Banque Cantonale Vaudoise is a Swiss bank headquartered in Lausanne, Switzerland. It operates primarily within the banking and financial services industry, offering a range of products including retail banking, wealth management, corporate banking, and investment services. The bank was established in 1845 and is known for its strong regional presence in the Canton of Vaud. Its strategic positioning includes a focus on serving local businesses and individuals while maintaining a robust capital base. The bank leverages its deep local market knowledge and strong client relationships to sustain its competitive strength within the region.
Ticker
Fr. BCVN
Sector
Finance
Primary listing
XSWX
Employees
2,085
Headquarters
Lausanne, Switzerland
Website
www.bcv.ch

BCVN Metrics

BasicAdvanced
CHF 11B
-
-
0.01
CHF 4.40
3.40%

Bulls say / Bears say

BCV delivered solid H1 2026 earnings: revenue rose 2% to CHF 593 million, operating profit increased 5% to CHF 263 million, and net profit grew 5% to CHF 225 million despite low interest rates. (BCV)
Wealth-management momentum is a key growth driver: assets under management increased 6% to CHF 141.8 billion, net new money reached CHF 2.399 billion, and fee and commission income rose 5% to CHF 206 million in H1 2026. (BCV)
BCV combines substantial capital strength with shareholder distributions: its CET1 ratio was 17.6% at June 30, 2026, it retained AA/Aa2 ratings with stable outlooks, and shareholders approved a CHF 4.40-per-share dividend for 2025. (BCV; BCV)
Net interest income was essentially flat at CHF 268 million in H1 2026 despite loan-volume growth, indicating that the low-interest-rate environment continues to pressure lending margins. (BCV)
Operating expenses increased 2% in H1 2026 while revenue rose only 2%, limiting operating leverage and leaving earnings growth dependent on continued fee and trading momentum. (BCV)
BCV remains exposed to regional and sector-specific risks: its 2025 annual report showed a 2% decline in Corporate Banking revenue, while trade-finance activity was restrained by geopolitical tensions and the Vaud real-estate market remains important to lending growth. (BCV)
Data summarised monthly by Lightyear AI. Last updated on 10 Sept 2026.

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Market data provided by CBOE Europe and Deutsche Börse.