Thurgauer Kantonalbank (TKBP) - Net Assets

Latest as of June 2026: CHF3.00 Billion CHF ≈ $3.80 Billion USD

Based on the latest financial reports, Thurgauer Kantonalbank (TKBP) has net assets worth CHF3.00 Billion CHF (≈ $3.80 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CHF36.14 Billion ≈ $45.69 Billion USD) and total liabilities (CHF33.13 Billion ≈ $41.89 Billion USD). 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. Check TKBP PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CHF3.00 Billion
% of Total Assets	8.31%
Annual Growth Rate	5.77%
5-Year Change	-28.02%
10-Year Change	-12.44%
Growth Volatility	30.52

Thurgauer Kantonalbank - Net Assets Trend (2012–2025)

This chart illustrates how Thurgauer Kantonalbank's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see TKBP company net worth.

Annual Net Assets for Thurgauer Kantonalbank (2012–2025)

The table below shows the annual net assets of Thurgauer Kantonalbank from 2012 to 2025. Also explore TKBP shareholders equity momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	CHF1.77 Billion ≈ $2.24 Billion	-37.51%
2024-12-31	CHF2.83 Billion ≈ $3.58 Billion	+4.73%
2023-12-31	CHF2.70 Billion ≈ $3.42 Billion	+5.50%
2022-12-31	CHF2.56 Billion ≈ $3.24 Billion	+4.24%
2021-12-31	CHF2.46 Billion ≈ $3.11 Billion	+3.44%
2020-12-31	CHF2.38 Billion ≈ $3.00 Billion	+4.46%
2019-12-31	CHF2.27 Billion ≈ $2.88 Billion	+3.86%
2018-12-31	CHF2.19 Billion ≈ $2.77 Billion	+4.27%
2017-12-31	CHF2.10 Billion ≈ $2.66 Billion	+3.96%
2016-12-31	CHF2.02 Billion ≈ $2.55 Billion	+4.60%
2015-12-31	CHF1.93 Billion ≈ $2.44 Billion	+4.52%
2014-12-31	CHF1.85 Billion ≈ $2.34 Billion	+4.38%
2013-12-31	CHF1.77 Billion ≈ $2.24 Billion	+107.51%
2012-12-31	CHF853.01 Million ≈ $1.08 Billion	--

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 87.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CHF165.00 Million	9.33%
Common Stock	CHF320.00 Million	18.09%
Other Comprehensive Income	CHF2.41 Billion	135.98%
Total Equity	CHF1.77 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
Beijing North Star Co Ltd Class A SHG:601588	$650.03 Million
ZJAMP Group Co Ltd SHE:002758	$650.61 Million
Zhejiang Xinao Textiles Inc SHG:603889	$650.76 Million
2CRSI S.A. PA:AL2SI	$650.81 Million
Cubic Sensor and Instrument Co Ltd SHG:688665	$649.91 Million
Advanced Power Electronics Corp TW:8261	$649.81 Million
Talkspace Inc NASDAQ:TALK	$649.77 Million
Dexterra Group Inc TO:DXT	$649.68 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 2024 to 2025, total equity changed from 2,830,389,000 to 1,768,848,000, a change of -1,061,541,000 (-37.5%).
Net income of 162,256,000 contributed positively to equity growth.
Dividend payments of 79,321,000 reduced retained earnings.
Other comprehensive income increased equity by 2,325,326,000.
Other factors decreased equity by 3,469,802,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CHF162.26 Million	+9.17%
Dividends Paid	CHF79.32 Million	-4.48%
Other Comprehensive Income	CHF2.33 Billion	+131.46%
Other Changes	CHF-3.47 Billion	-196.16%
Total Change	CHF-	-37.51%

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: 0.37x
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 0.47x to 0.37x 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	CHF341.21	CHF161.50	x
2013-12-31	CHF708.05	CHF161.50	x
2014-12-31	CHF461.92	CHF161.50	x
2015-12-31	CHF482.81	CHF161.50	x
2016-12-31	CHF505.02	CHF161.50	x
2017-12-31	CHF525.04	CHF161.50	x
2018-12-31	CHF547.46	CHF161.50	x
2019-12-31	CHF568.58	CHF161.50	x
2020-12-31	CHF593.91	CHF161.50	x
2021-12-31	CHF614.33	CHF161.50	x
2022-12-31	CHF640.40	CHF161.50	x
2023-12-31	CHF675.65	CHF161.50	x
2024-12-31	CHF707.60	CHF161.50	x
2025-12-31	CHF442.21	CHF161.50	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): 9.17%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 28.74%
• Asset Turnover: 0.02x
• Equity Multiplier: 20.37x
Recent ROE (9.17%) is above the historical average (6.50%), indicating improving 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
2025	9.17%	28.74%	0.02x	20.37x	CHF-14.63 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: $2,017,380,295
Average return on equity (ROE) among peers: 7.93%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Thurgauer Kantonalbank (TKBP)	CHF3.00 Billion	10.31%	11.04x	$650.00 Million
Banque Cantonale de Geneve (BCGE)	$2.35 Billion	9.34%	12.82x	$2.19 Billion
Banque Cantonale Du Jura SA (BCJ)	$116.84 Million	6.70%	15.71x	$206.52 Million
Banque Cantonale Vaudoise (BCVN)	$3.22 Billion	9.33%	10.09x	$10.02 Billion
Berner Kantonalbank AG (BEKN)	$2.32 Billion	5.65%	11.07x	$3.30 Billion
Basellandschaftliche Kantonalbank (BLKB)	$2.65 Billion	5.32%	11.41x	$613.95 Million
Basler Kantonalbank (BSKP)	$3.85 Billion	4.94%	10.45x	$545.67 Million
Cembra Money Bank AG (CMBN)	$1.06 Billion	8.57%	4.80x	$2.67 Billion
Glarner Kantonalbank (GLKBN)	$415.09 Million	6.09%	19.68x	$341.55 Million
Graubuendner Kantonalbank (GRKP)	$2.76 Billion	6.27%	10.40x	$1.74 Billion
Liechtensteinische Landesbank AG (LLBN)	$1.44 Billion	17.09%	9.41x	$3.38 Billion

About Thurgauer Kantonalbank

SW:TKBP Switzerland Banks - Regional

Market Cap

$816.72 Million

CHF646.00 Million CHF

Market Cap Rank

#10969 Global

#133 in Switzerland

Share Price

CHF161.50

Change (1 day)

-0.62%

52-Week Range

CHF156.00 - CHF192.00

All Time High

CHF192.00