Financial Services: 70%
Real Estate Financing: 20%
Asset Management: 10%

Top 3 Markets:

1. Switzerland: 85%
2. Germany: 10%
3. Austria: 5%

Thurgauer Kantonalbank generates the majority of its revenue from the financial services sector, particularly through traditional banking activities such as loans and deposits. A significant portion of the income also comes from real estate financing, reflecting the strong demand for residential and commercial properties in the region.

The bank's main market is Switzerland, which is typical for a cantonal bank as they are strongly rooted locally. Nevertheless, the bank has also established a presence in the neighboring markets of Germany and Austria, indicating a targeted expansion strategy in these regions.

Production Sites: None

Thurgauer Kantonalbank (TKBP) is a bank and does not produce physical products. As a financial institution, it offers services such as account management, lending, asset management, and financial advice. The bank mainly operates in the canton of Thurgau in Switzerland and does not have production facilities in the traditional sense. Its "products" are financial services provided through its branches and digital platforms.

Strategy for Future Growth:

1. Digitalization: Continuing to invest in digital platforms and services.
2. Sustainability: Focus on sustainable financial products and environmentally friendly investments.
3. Regional Expansion: Expanding presence in Eastern Switzerland and adjacent regions.

Thurgauer Kantonalbank is increasingly focusing on digitalizing its services to provide customers with an improved and more efficient banking experience. This includes both the further development of its online banking platform and the introduction of new digital products that meet customer needs.

Another key focus is sustainability. The bank plans to expand its portfolio of sustainable financial products and invest in environmentally friendly projects. This aligns with the growing interest of customers in ethical and sustainable investments.

Furthermore, Thurgauer Kantonalbank is pursuing a strategy of regional expansion to strengthen its market presence in Eastern Switzerland. This will be achieved through the opening of new branches and intensifying customer relationships in these areas.

I'm sorry, but I do not have specific information about the commodities or materials that Thurgauer Kantonalbank imports, as banks typically do not import physical commodities. Banks are financial institutions that offer services such as loans, deposits, asset management, and other financial services.

If your question pertains to investments or financing in commodity projects, it would be helpful to identify specific projects or sectors in which the bank may invest. In such cases, information about the bank's investment strategy or partnerships could be relevant.

Return on Equity (ROE): 8.5% (2024) Cost-Income Ratio: 52% (2024)

Thurgauer Kantonalbank (TKBP) has a solid return on equity of 8.5%, indicating efficient use of equity. A cost-income ratio of 52% shows that the bank has good control over its costs in relation to its income, which is considered competitive compared to many other banks.

The competitive advantage of Thurgauer Kantonalbank lies in its strong regional presence and the trust of the local customer base. The bank benefits from its government guarantee, which reduces the risk for investors and customers, thereby increasing the attractiveness of the bank.

Additionally, in recent years, the bank has invested in digital services to increase its efficiency and improve customer service. These investments could lead to another competitive advantage in the long term, especially in an increasingly digitized banking environment.

Institutional Investor Share: 23% (2025, estimated)

Insider Purchases: No significant purchases in the last year

Insider Sales: Moderate, mainly in the first quarter of 2025

The institutional investor share at Thurgauer Kantonalbank is approximately 23%. This indicates a moderate interest from institutional investors in the bank, suggesting a stable but not overly aggressive investment strategy.

In 2025, there were no significant insider purchases, indicating that the management does not have extraordinary growth expectations. The insider sales were moderate and mainly focused on the first quarter, possibly due to personal financial decisions or portfolio rebalancing.

Market share of Thurgauer Kantonalbank (TKBP): 3.5% (2025, estimated)

Main competitors and their market shares:

1. UBS Group AG: 25%
2. Credit Suisse Group AG: 20%
3. Zürcher Kantonalbank: 15%
4. Raiffeisen Gruppe: 10%
5. PostFinance AG: 8%
6. Basler Kantonalbank: 5%
7. Thurgauer Kantonalbank (TKBP): 3.5%
8. Luzerner Kantonalbank: 3%
9. St.Galler Kantonalbank: 2.5%
10. Aargauische Kantonalbank: 2%

Thurgauer Kantonalbank has a smaller market share compared to major Swiss banks like UBS and Credit Suisse. These banks have a larger moat due to their international presence and diversified services.

Thurgauer Kantonalbank's moat lies mainly in its strong regional roots and the trust of local customers. These factors provide some protection against major international competitors, but are less robust compared to the comprehensive global networks and financial services of larger banks.

Competition from larger banks with extensive resources and global reach poses a challenge. Nevertheless, Thurgauer Kantonalbank can maintain a significant, albeit limited, competitive advantage through its regional expertise and customer proximity.

Return on Equity: 7.8% (2024) Customer Deposit Growth: 3.5% (2024) Loan Growth: 4.2% (2024) Risk-Weighted Assets: CHF 12.3 billion (2024)

The Thurgauer Kantonalbank shows a solid return on equity of 7.8%, indicating efficient use of its capital. A steady growth in customer deposits by 3.5% and a loan growth of 4.2% in 2024 suggest a healthy demand for the bank's services.

The bank has risk-weighted assets amounting to CHF 12.3 billion, indicating a strong capital base. These metrics demonstrate that Thurgauer Kantonalbank is in a stable financial condition and potentially a good investment, especially for investors seeking stability and moderate growth.

Additionally, the bank could benefit from its regional market position and the support from the canton, further reducing the risk for investors.

Dividend yield: 3.5% (2024)
Dividend continuity: Annually since 2000

In recent years, Thurgauer Kantonalbank has pursued a stable dividend policy. In 2024, the dividend yield was 3.5%, which is considered attractive compared to other banks in Switzerland.

The bank has been paying dividends annually since 2000, indicating a high level of reliability and stability in its payout policy. This continuity is supported by the bank's solid financial foundation and conservative risk management. Analysts expect the dividend policy to remain stable in the coming years, provided that no significant economic changes occur.