Banque Cantonale de Geneve (BCGE) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Banque Cantonale de Geneve stock CHF 33.45, price CHF 36.00, that is 7.1% below the price, quality 48 out of 100. Rating: fairly valued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range CHF 14.12 – CHF 37.00 · fair‑value band CHF 30.58 – CHF 41.33 · the CHF 36.00 price screens above the CHF 33.45 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Banque Cantonale de Genève SA, together with its subsidiaries, provides a range of banking services in Switzerland and internationally. The company operates through three main business divisions: Individuals & Digital Banking, Corporate Banking & Trade Finance, and Wealth & Asset Management.
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The Individuals & Digital Banking division manages a network of agencies and provides retail banking products, including current and savings accounts, mortgages, personal loans, payment cards, and digital banking services.
The Corporate Banking & Trade Finance division offers commercial loans, project finance, real estate and construction financing, trade finance solutions, and services to public authorities and financial institutions, as well as commodities trading support.
The Wealth & Asset Management division provides discretionary and advisory portfolio management, investment funds, asset management, and wealth solutions tailored for private and institutional clients. It also offers structured products, research, and services for independent wealth managament.
In addition, the company engages in investment activities, business valuation and M&A advisory, asset management, private equity investments, and foreign fund representation.
The company serves private individuals, small and medium-sized enterprises, large corporates, institutional investors, and public sector entities. The company was founded in 1816 and is headquartered in Geneva, Switzerland.
Stock analysis
Banque Cantonale de Geneve (BCGE) currently trades at CHF 36.00, while our model-based Fair Value estimate is CHF 33.45, so the stock looks roughly fairly valued today (gap 7.6%).
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Valuation
Bull case: the Multiples group reads highest at a median of CHF 44.24 per share, and 2 of the 6 models we run sit above the CHF 36.00 price.
Bear case: the Dividend Discount group reads lowest at CHF 12.30, and 4 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: CHF 30.58 (bear) to CHF 41.33 (bull), the price of CHF 36.00 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 48/100 (below-average quality), in the Financial Services sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Banque Cantonale de Geneve reported revenue of CHF 746M in FY2025 versus CHF 468M in FY2021, a compound +12.4%/yr. Reported net income was CHF 221M in FY2025, compounding +15.2%/yr from FY2021.
Key figures
Market cap CHF 2.6B Mid · P/E ratio 10.6 · P/S ratio 4.56 · EPS (TTM) CHF 3.39 · Dividend yield 1.9% · Net margin 43.4% · Return on equity 9.9% · Return on assets (EBIT) 0.8% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 66 out of 100 (low confidence).
What moves the price
The share trades about 3% below its 52-week high and 53% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −7%, BCGE screens cheaper than that median.
Fair Value models
BearCHF 30.58Fair Value CHF 33.45BullCHF 41.33
Price CHF 36.00 · Downside -7.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (CHF 2.30 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+27.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+11.9%
Start year 2020 (pandemic). Over 10 years: +8.0% a year
Revenue growth 22 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.7%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
≈ +17.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year≈ +15.8%
Dividend (yield on the price)1.9%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.base effect: 15.8% / 11.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.29% → 34%
⚠ Base effect: the rate starts in the earnings trough around 2020 (starting value 1.48 per share, median 11.2 in 2015 to 2018). It measures the recovery from the trough, not lasting growth.
News mood ⓘNews mood, the average tone of recent news (8 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
AI conclusion: Record half-year profits across all business lines and strong capital ratios underscore operational strength, yet thin public signals and negative cash flows leave evidence of durable advantage limited.
Main risk: Cantonal focus together with government ownership could limit agility in a shifting environment and thereby constrain growth and operational flexibility.
BCGE delivered record half-year results with operating profit rising sharply across every business line, assets under management up and lending expanding to support Geneva's economy. Strong capital ratios provide a solid buffer. Will this broad momentum carry through the full year or will its cantonal focus and government ownership limit agility in a shifting environment?
Compare Banque Cantonale de Geneve with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 998 stocks
Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score48 · Below median
Fair Value upside−7.1% · Above median
Profitability
Return on equity (12 months)9.9% · Below median
Return on assets0.6% · Bottom 25%
Net margin (12 months)43.4% · Top 25%
Operating margin (12 months)46.4% · Above median
Growth and dividend
Revenue growth (quarter YoY)13.1% · Above median
Dividend yield (12 months)1.9% · Below median
Balance sheet
Debt / equity2.14× · Highest 25%
Valuation Multiplesvs Banks - Regional median · lower = cheaper
P/E (12 months)10.6× · Cheaper than median
P/B1.03× · Cheaper than median
P/S (12 months)4.56× · Priciest 25%
EV/EBITDA1.5× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)24· sector 8
FUTURE (revenue growth)66· sector 47
PAST (return on equity)40· sector 43
HEALTH (low debt)–
DIVIDEND (yield)39· sector 53
HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Banque Cantonale de Geneve Fair Value". https://www.fairvalue-calculator.com/stock/BCGE
Frequently asked questions
Is Banque Cantonale de Geneve (BCGE) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of CHF 33.45 versus a price of CHF 36.00, about 7% lower (fairly valued).
What is the fair value of BCGE?
Our model-based fair value for Banque Cantonale de Geneve is CHF 33.45 (as of Nov 6, 2026), built from audited fundamentals. The current price: CHF 36.00.
What is the quality score of BCGE?
Banque Cantonale de Geneve has a Quality Score of 48/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Banque Cantonale de Geneve (BCGE)?
Our model-based price target is the fair value of CHF 33.45 (as of Nov 6, 2026) from 6 valuation models. Cautious scenario CHF 30.58, optimistic scenario CHF 41.33. It is a calculation from audited fundamentals, not an analyst target.
What is the Banque Cantonale de Geneve stock forecast for 2026?
Our models put fair value at CHF 33.45, about 7% lower versus a price of CHF 36.00 (fairly valued). Cautious scenario CHF 30.58, optimistic scenario CHF 41.33. The calculation is refreshed regularly with new filings.
What is the revenue of Banque Cantonale de Geneve (BCGE)?
Banque Cantonale de Geneve reported trailing-twelve-month revenue of about CHF 566M (latest available figure, as of Nov 6, 2026).
Does Banque Cantonale de Geneve pay a dividend?
Banque Cantonale de Geneve currently shows a dividend yield of 1.95% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Banque Cantonale de Geneve (BCGE) and when is the ex-dividend date?
Banque Cantonale de Geneve pays a dividend of CHF 0.701 per share a year, a dividend yield of 1.9%. The last ex-dividend date was May 5, 2026. A dividend has been paid every year since 2005. The payout ratio is 20.7% of earnings. Our assessment: Low payout. A low payout ratio: the dividend takes at most 60 % of earnings. Whether free cash flow covers it as well, we cannot see for this company.
What is the intrinsic value of Banque Cantonale de Geneve (BCGE)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Banque Cantonale de Geneve it is CHF 33.45 per share (as of Nov 6, 2026), against a price of CHF 36.00. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Banque Cantonale de Geneve stock overvalued or undervalued in 2026?
As of Nov 6, 2026, BCGE trades above its calculated fair value: price CHF 36.00, fair value CHF 33.45, a gap of about −7% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BCGE?
No. The price is what the market pays today (CHF 36.00); the fair value is what the company's own numbers justify (CHF 33.45). For Banque Cantonale de Geneve the two are CHF 2.55 per share apart. That gap is exactly why we show both numbers side by side.
How much is Banque Cantonale de Geneve worth?
The market values Banque Cantonale de Geneve at about CHF 2.6B (market capitalisation, as of Nov 6, 2026). Per share that is CHF 36.00; our models calculate a fair value of CHF 33.45 per share.
What do the bullish and bearish scenarios say about BCGE?
Our models span a range for Banque Cantonale de Geneve: cautious scenario CHF 30.58, base CHF 33.45, optimistic CHF 41.33 per share (as of Nov 6, 2026, price CHF 36.00). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BCGE?
Banque Cantonale de Geneve trades at a price-to-earnings ratio of 10.6 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of CHF 33.45 is built from several models across several years. Other multiples: P/B 1.0, P/S 4.6, EV/EBITDA 1.5.
How solid is the balance sheet of Banque Cantonale de Geneve (BCGE)?
Balance-sheet figures for Banque Cantonale de Geneve (as of Nov 6, 2026): return on equity 9.9%, debt of 2.14 per unit of equity. They feed the Quality Score of 48/100, which measures business quality independently of the share price.
How far is BCGE from its 52-week high?
Banque Cantonale de Geneve trades at CHF 36.00, about 3% below its 52-week high of CHF 37.00 and 53% above the low of CHF 23.52 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of CHF 33.45 is for.
Which stocks are comparable to Banque Cantonale de Geneve?
From the same area (Financial Services) we also value China Merchants Bank Co, DBS Group, UniCredit S.p.A, Mizuho Financial Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Banque Cantonale de Geneve stock attractive at the current price?
The data as of Nov 6, 2026: price CHF 36.00, calculated fair value CHF 33.45 (−7%), Quality Score 48/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BCGE calculated?
We run Banque Cantonale de Geneve through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of CHF 33.45 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Banque Cantonale de Geneve itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Banque Cantonale de Geneve (BCGE)?
The closing price on Nov 6, 2026 was CHF 36.00. Our model-based fair value is CHF 33.45, about 7% lower (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Banque Cantonale de Geneve right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Banque Cantonale de Geneve (BCGE) come from?
Earnings per share at Banque Cantonale de Geneve grew +8.2 % a year from 2014 to 2025. Broken into its drivers: revenue per share +2.8 %, EBIT margin +5.5 %, tax rate +0.9 %, residual (interest, one-offs) −1.1 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Banque Cantonale de Geneve
How large is the market capitalisation of Banque Cantonale de Geneve (BCGE)?
The market capitalisation of Banque Cantonale de Geneve is CHF 2.6B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Banque Cantonale de Geneve (BCGE)?
The price-to-sales ratio of Banque Cantonale de Geneve is 4.56 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Banque Cantonale de Geneve (BCGE)?
Earnings per share at Banque Cantonale de Geneve are CHF 3.39 (price ÷ EPS = P/E 10.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Banque Cantonale de Geneve (BCGE)?
The dividend yield of Banque Cantonale de Geneve is 1.9% (payout 20.7%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Banque Cantonale de Geneve (BCGE)?
The net margin of Banque Cantonale de Geneve is 43.4% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Banque Cantonale de Geneve (BCGE)?
The return on equity (ROE) of Banque Cantonale de Geneve is 9.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Banque Cantonale de Geneve (BCGE)?
On an EBIT basis the return on assets of Banque Cantonale de Geneve is 0.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Banque Cantonale de Geneve (BCGE)?
The operating margin of Banque Cantonale de Geneve is 46.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Banque Cantonale de Geneve (BCGE)?
Revenue at Banque Cantonale de Geneve is growing +13.1% versus a year earlier (3y avg +13.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Banque Cantonale de Geneve (BCGE)?
Earnings per share at Banque Cantonale de Geneve are growing −9.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Banque Cantonale de Geneve (BCGE) generate?
The free cash flow of Banque Cantonale de Geneve is −CHF 747M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Banque Cantonale de Geneve (BCGE) carry?
The net debt of Banque Cantonale de Geneve is CHF 3.0B (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 6, 2026