Main Sources of Revenue:

• Loans and Mortgages: approx. 60%
• Asset Management and Investment Advisory: approx. 25%
• Trading and Investment Banking: approx. 10%
• Other Services: approx. 5%

TOP 3 Markets:

1. Switzerland: approx. 80%
2. Europe (excluding Switzerland): approx. 10%
3. Asia: approx. 5%

Banque Cantonale Vaudoise generates the majority of its revenue from loans and mortgages, which is typical for a regional bank in Switzerland. Asset management and investment advisory also contribute significantly, as the bank has a strong presence in wealth management.

Switzerland is the dominant market, reflecting the bank's strong local roots. Europe and Asia are smaller but growing markets supported by the bank's expansion into international financial services.

Production: Not applicable

The Banque Cantonale Vaudoise (BCV) is a Swiss bank and does not produce physical products. As a financial institution, it offers services in retail banking, asset management, corporate banking, and trade finance. Therefore, its "products" are financial services provided in Switzerland.

Strategic Growth Goals:

• Digitalization: Expansion of digital services
• Sustainability: Promotion of sustainable financial products
• Regional Expansion: Strengthening market position in Western Switzerland

Banque Cantonale Vaudoise (BCV) is pursuing a multi-track growth strategy that strongly focuses on digitalization and sustainability. The company is investing in the development and enhancement of digital platforms to optimize customer service and reach new customer segments.

Another key focus is on promoting sustainable financial products. BCV plans to expand its portfolio of green bonds and sustainable investment opportunities to meet the increasing demands of customers and regulatory authorities.

In addition, BCV aims for a stronger regional presence, particularly in Western Switzerland. This is intended to be achieved through targeted marketing initiatives and the expansion of branch networks to increase customer proximity and gain market share.

Main Imported Raw Materials/Components: No specific raw materials

Countries of Origin: Not applicable

Banque Cantonale Vaudoise (BCV) is a bank and not a manufacturing company. Therefore, it does not import physical raw materials or components. Its main activities include financial services such as lending, asset management, and payment transactions.

If you are seeking information about BCV's investments in commodity markets or financial products that track commodities, that would be a different question.

Return on Equity (ROE): 8.5% (2024)
Tier 1 Capital Ratio: 17.2% (2024)
Market Share in the Canton of Vaud: 30% (2024)

The Banque Cantonale Vaudoise (BCV) has a solid competitive advantage, especially in its home market, the Canton of Vaud, where it holds a market share of about 30%. This strong local presence provides the bank with a stable customer base and enables it to directly benefit from regional economic developments.

The return on equity of 8.5% indicates an efficient use of capital, which is competitive compared to other regional banks. The high Tier 1 capital ratio of 17.2% underscores the financial stability of BCV and its ability to meet regulatory requirements, strengthening the trust of customers and investors.

Additionally, BCV benefits from its strong brand awareness and extensive branch network, which facilitates customer access and promotes customer loyalty. Together, these factors give BCV a sustainable competitive advantage in its core market.

Institutional Investor Share: approximately 45% (estimated for 2025)
Insider Purchases/Sales: No significant changes in the last year

The institutional investor share at Banque Cantonale Vaudoise is around 45%. This reflects the confidence of institutional investors in the stability and long-term strategy of the bank.

In 2025, there were no significant insider purchases or sales, indicating a stable trust of the management in the future development of the bank. Such activities are often seen as an indicator of the management's assessment of the company's business outlook.

Market Share Banque Cantonale Vaudoise (BCVN): Estimated around 5% (2025)

Main Competitors and their Market Shares:

1. UBS Group AG: around 30%
2. Credit Suisse Group AG: around 25%
3. Zürcher Kantonalbank: around 10%
4. Raiffeisen Schweiz: around 8%
5. Banque Cantonale Vaudoise (BCVN): around 5%
6. Julius Bär Gruppe: around 4%
7. PostFinance AG: around 3%
8. Lombard Odier Gruppe: around 2%
9. Pictet Gruppe: around 2%
10. Banque Cantonale de Genève: around 1%

Moat of Banque Cantonale Vaudoise:

Banque Cantonale Vaudoise (BCVN) has a moderate moat, mainly based on its strong regional presence and close customer relationships in the Vaud region. This local anchoring provides some protection against larger international banks that may not have the same regional expertise and customer loyalty.

In comparison to larger competitors like UBS and Credit Suisse, which have extensive international networks and diversified services, BCVN's moat is less pronounced. These larger banks have a stronger strategic advantage due to their global reach, broader product range, and greater financial resources.

Nevertheless, BCVN can maintain a competitive edge through its local market knowledge and specific services tailored to regional customers. The challenge lies in sustaining this advantage in an increasingly globalized and digitized financial market.

Return on Equity (ROE): 8.5% (2024) Return on Assets (ROA): 0.7% (2024) Common Equity Tier 1 Ratio (CET1): 16.0% (2024)

The Banque Cantonale Vaudoise (BCV) demonstrates solid financial stability, particularly through a strong Common Equity Tier 1 Ratio of 16.0%, indicating robust capital adequacy. The 8.5% Return on Equity is a sign of efficient use of equity, although it may appear moderate compared to some competitors in the banking sector.

The 0.7% Return on Assets suggests that the bank effectively utilizes its assets to generate income. This is especially crucial in an environment where banks face low interest rates and regulatory challenges.

Overall, BCV's stock could be a good investment for investors seeking stability and a solid capital base. However, potential investors should also consider the macroeconomic conditions and specific strategic initiatives of the bank to make an informed decision.

Dividend Yield: 4.2% (estimated for 2025)
Dividend History: Consistent payout over the last 10 years

Banque Cantonale Vaudoise (BCV) is known for its reliable dividend policy. In recent years, the bank has consistently distributed dividends to its shareholders, indicating a stable financial foundation and solid business development.

The dividend yield of approximately 4.2% in 2025 suggests an attractive payout compared to other banks. This reliability is supported by the bank's strong regional presence and conservative risk management. Analysts expect BCV to maintain its dividend policy unless significant economic turbulence occurs.