Overview
Swiss financing provider's net income rose 5% to CHF 180 mln, driven by strategy execution
Revenue slightly missed analyst expectations, decreasing 2% to CHF 542 mln
Company proposed ordinary dividend increase and CHF 1.00 extraordinary dividend per share
Outlook
Cembra expects 2026 net revenue growth in line with Swiss GDP growth
Company anticipates 2026 ROE of around 15%, previously ≥15%
Cembra forecasts cost reductions of CHF 15-20 mln in 2026
Result Drivers
VEHICLE FINANCING - Growth in vehicle financing contributed to net income increase
COST SAVINGS - Structural cost savings improved cost/income ratio to 45.2%
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Slight Miss*
CHF 542 mln
CHF 542.08 mln (3 Analysts)
FY Net Income
CHF 180 mln
FY Net Interest Income
CHF 372.20 mln
FY Operating Expenses
CHF 245.20 mln
FY ROE
13.70%
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the banks peer group is "buy."
Wall Street's median 12-month price target for Cembra Money Bank Ltd is CHF93.35, about 5.9% below its February 18 closing price of CHF99.20
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 14 three months ago
Press Release: ID:nEQ14m1mja
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
