Thurgauer Kantonalbank

SW:TKBP Switzerland Banks - Regional
Market Cap
$790.68 Million
CHF724.00 Million CHF
Market Cap Rank
#8262 Global
#45 in Switzerland
Share Price
CHF181.00
Change (1 day)
+0.56%
52-Week Range
CHF138.00 - CHF185.00
All Time High
CHF185.00
Categories
Companies in Switzerland Banks - Regional Banking & Financial
About

Thurgauer Kantonalbank provides various banking products and services to private individuals, small and medium-sized enterprises, companies, and public sector entities in Switzerland. The company offers accounts and service packages; debit and credit card; mortgages, loans, building and renovating, real estate pension, and property valuation; group life insurance; investment solutions, asset mana… Read more

Thurgauer Kantonalbank (TKBP) - Net Assets

Latest net assets as of June 2025: CHF1.69 Billion CHF

Based on the latest financial reports, Thurgauer Kantonalbank (TKBP) has net assets worth CHF1.69 Billion CHF as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CHF35.34 Billion) and total liabilities (CHF33.65 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets CHF1.69 Billion
% of Total Assets 4.77%
Annual Growth Rate 10.51%
5-Year Change 19.14%
10-Year Change 46.56%
Growth Volatility 28.51

Thurgauer Kantonalbank - Net Assets Trend (2012–2024)

This chart illustrates how Thurgauer Kantonalbank's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Thurgauer Kantonalbank (2012–2024)

The table below shows the annual net assets of Thurgauer Kantonalbank from 2012 to 2024.

Year Net Assets Change
2024-12-31 CHF2.83 Billion +4.73%
2023-12-31 CHF2.70 Billion +5.50%
2022-12-31 CHF2.56 Billion +4.24%
2021-12-31 CHF2.46 Billion +3.44%
2020-12-31 CHF2.38 Billion +4.46%
2019-12-31 CHF2.27 Billion +3.86%
2018-12-31 CHF2.19 Billion +4.27%
2017-12-31 CHF2.10 Billion +3.96%
2016-12-31 CHF2.02 Billion +4.60%
2015-12-31 CHF1.93 Billion +4.52%
2014-12-31 CHF1.85 Billion +4.38%
2013-12-31 CHF1.77 Billion +107.51%
2012-12-31 CHF853.01 Million --

Equity Component Analysis

This analysis shows how different components contribute to Thurgauer Kantonalbank's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 2659.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CHF2.43 Billion 85.87%
Common Stock CHF320.00 Million 11.31%
Other Comprehensive Income CHF80.00 Million 2.83%
Total Equity CHF2.83 Billion 100.00%

Thurgauer Kantonalbank Competitors by Market Cap

The table below lists competitors of Thurgauer Kantonalbank ranked by their market capitalization.

Company Market Cap
Xuzhou Handler Special Vehicle Co Ltd
SHE:300201
 		$790.76 Million
Costamare Inc
NYSE:CMRE
 		$790.89 Million
NHPCF
PINK:NHPCF
 		$790.96 Million
Cargojet Inc
PINK:CGJTF
 		$791.09 Million
COURSERA INC. DL -00001
F:90E
 		$790.62 Million
Unilumin Group Co Ltd
SHE:300232
 		$790.59 Million
Converge Technology Solutions Corp
OTCQX:CTSDF
 		$790.23 Million
PHARVARIS N.V. EO -12
F:9EN
 		$790.20 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Thurgauer Kantonalbank's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,702,614,000 to 2,830,389,000, a change of 127,775,000 (4.7%).
  • Net income of 158,020,000 contributed positively to equity growth.
  • Dividend payments of 77,246,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 2,061,026,000.
  • Other factors increased equity by 2,108,027,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CHF158.02 Million +5.58%
Dividends Paid CHF77.25 Million -2.73%
Other Comprehensive Income CHF-2.06 Billion -72.82%
Other Changes CHF2.11 Billion +74.48%
Total Change CHF- 4.73%

Book Value vs Market Value Analysis

This analysis compares Thurgauer Kantonalbank's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.26x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 0.85x to 0.26x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 CHF213.25 CHF181.00 x
2013-12-31 CHF442.53 CHF181.00 x
2014-12-31 CHF461.92 CHF181.00 x
2015-12-31 CHF482.81 CHF181.00 x
2016-12-31 CHF505.02 CHF181.00 x
2017-12-31 CHF525.04 CHF181.00 x
2018-12-31 CHF547.46 CHF181.00 x
2019-12-31 CHF568.58 CHF181.00 x
2020-12-31 CHF593.91 CHF181.00 x
2021-12-31 CHF614.33 CHF181.00 x
2022-12-31 CHF640.40 CHF181.00 x
2023-12-31 CHF675.65 CHF181.00 x
2024-12-31 CHF707.60 CHF181.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Thurgauer Kantonalbank utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 5.58%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 38.58%
  • • Asset Turnover: 0.01x
  • • Equity Multiplier: 12.52x
  • Recent ROE (5.58%) is below the historical average (6.29%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 10.31% 30.90% 0.02x 20.78x CHF2.63 Million
2013 5.64% 34.57% 0.02x 10.55x CHF-77.18 Million
2014 6.07% 35.74% 0.02x 10.63x CHF-72.63 Million
2015 6.34% 37.89% 0.02x 10.81x CHF-70.74 Million
2016 6.23% 37.73% 0.02x 10.71x CHF-76.10 Million
2017 6.16% 38.61% 0.01x 10.64x CHF-80.62 Million
2018 6.13% 39.10% 0.01x 10.61x CHF-84.81 Million
2019 5.94% 34.48% 0.02x 11.26x CHF-92.34 Million
2020 5.85% 36.09% 0.01x 12.08x CHF-98.48 Million
2021 5.92% 37.05% 0.01x 12.26x CHF-100.18 Million
2022 5.77% 34.13% 0.01x 12.99x CHF-108.31 Million
2023 5.88% 37.23% 0.01x 12.14x CHF-111.31 Million
2024 5.58% 38.58% 0.01x 12.52x CHF-125.02 Million

Industry Comparison

This section compares Thurgauer Kantonalbank's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

  • Industry: Banks - Regional
  • Average net assets among peers: $2,139,862,855
  • Average return on equity (ROE) among peers: 6.64%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Thurgauer Kantonalbank (TKBP) CHF1.69 Billion 10.31% 19.94x $790.68 Million
Banque Cantonale de Geneve (BCGE) $1.83 Billion 6.85% 14.48x $825.51 Million
Banque Cantonale Du Jura SA (BCJ) $239.43 Million 4.02% 11.56x $118.37 Million
Banque Cantonale Vaudoise (BCVN) $3.40 Billion 9.90% 11.78x $3.84 Billion
Berner Kantonalbank AG (BEKN) $3.08 Billion 5.69% 12.94x $3.61 Billion
Basellandschaftliche Kantonalbank (BLKB) $2.73 Billion 4.76% 11.72x $721.98 Million
Basler Kantonalbank (BSKP) $3.14 Billion 7.29% 11.47x $595.92 Million
St Galler Kantonalbank AG (SGKN) $2.15 Billion 6.80% 13.99x $4.00 Billion
Valiant Holding AG (VATN) $1.64 Billion 9.06% 12.95x $2.38 Billion
Banque Cantonale du Valais (WKBN) $1.05 Billion 5.35% 11.40x $755.90 Million