Subscribe

Thurgauer Kantonalbank (TKBP.SW)

CHF181.00 +1.00 (+0.56%)
CH SIX Financial Services Banks - Regional
Address Bankplatz 1 8570
Weinfelden, CH
CEO Remo Lobsiger
Website tkb.ch
IPO 2014-05-02
ISIN CH0231351104

Explore sections of this company profile

Also trades on London Stock Exchange · 0QS4.L (CHF) Swiss Exchange · TKBP.SW (CHF)
Description

Established in 1871 and headquartered in Weinfelden, Switzerland, Thurgauer Kantonalbank delivers a comprehensive suite of financial products and services. It serves a diverse clientele throughout Switzerland, including private individuals, corporations, businesses, and public sector organizations. Their offerings range from fundamental banking solutions like accounts, personal loans, and mortgages, to sophisticated services such as asset management, financial planning, guarantees, and investment advice. The bank also facilitates modern payment methods including cards, mobile payments, and online banking, alongside providing real estate services. Customers can access these services through its network of 28 branches and 70 ATMs.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
CHF181.00 +1.00 (+0.56%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
2.7K
Beta
0.04
Float Shares
797.2K
Free Float %
19.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.53% +0.53% -1.05% +3.30% +19.37% +14.63% +20.90% +51.61% +79.90% +114.86% +133.69%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
181.00
DCF (Unlevered) 3,141.99 +1,635.9%
DCF (Levered) 1,981.81 +994.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 0% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
-0.41
Distress
Piotroski F-Score
4 / 9
Average
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
  • Revenue growth
    +37.8% Q4'25: -21.5% (vs Q4'23)
  • EPS growth
    +413.4% Q4'25: +3.7% (vs Q4'23)
  • FCF margin
    Q4'25: +41.0% (vs Q4'23)
  • EBIT margin
    Q4'25: +31.5% (vs Q4'23)
  • ROIC
    Q4'25: +5.5% (vs Q4'23)
  • Share dilution
    +0.0% Q4'25: +0.0% (vs Q4'23)
  • Debt / EBITDA
    Q4'25: 28.95× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.03) × ERP
WACC = 7% × Ke + 93% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 3,141.99 Current price: 181.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
313.71M
est: 298.29M (+5.2%)
323.01M
est: 322.81M (+0.1%)
333.69M
est: 308.70M (+8.1%)
335.15M
est: 318.90M (+5.1%)
343.14M
est: 327.59M (+4.7%)
391.81M
est: 341.10M (+14.9%)
385.32M
est: 338.20M (+13.9%)
392.87M
est: 364.97M (+7.6%)
433.22M
est: 361.91M (+19.7%)
426.89M
est: 418.71M (+2.0%)
409.62M
est: 417.55M (-1.9%)
564.52M
est: 427.50M (+32.1%)
438.20M
438.20M – 438.20M
+2.5% YoY
449.80M
449.80M – 449.80M
+2.6% YoY
459.79M
459.79M – 459.79M
+2.2% YoY
EBITDA
211.25M
est: 125.57M (+68.2%)
est: 255.01M (-100.0%)
207.59M
est: 129.95M (+59.7%)
155.21M
est: 134.25M (+15.6%)
162.19M
est: 137.90M (+17.6%)
382.69M
est: 143.59M (+166.5%)
151.39M
est: 142.37M (+6.3%)
169.88M
est: 153.64M (+10.6%)
173.29M
est: 152.35M (+13.7%)
185.55M
est: 171.11M (+8.4%)
182.23M
est: 170.63M (+6.8%)
187.04M
est: 174.70M (+7.1%)
179.07M
179.07M – 179.07M
+2.5% YoY
183.81M
183.81M – 183.81M
+2.6% YoY
187.89M
187.89M – 187.89M
+2.2% YoY
EBIT
198.91M
est: 116.31M (+71.0%)
-10.70M
est: 123.39M (-108.7%)
198.15M
est: 120.37M (+64.6%)
145.76M
est: 124.35M (+17.2%)
151.35M
est: 127.74M (+18.5%)
370.90M
est: 133.00M (+178.9%)
138.52M
est: 131.87M (+5.0%)
155.74M
est: 142.31M (+9.4%)
159.84M
est: 141.12M (+13.3%)
173.09M
est: 159.44M (+8.6%)
171.76M
est: 159.00M (+8.0%)
177.14M
est: 162.79M (+8.8%)
166.86M
166.86M – 166.86M
+2.5% YoY
171.28M
171.28M – 171.28M
+2.6% YoY
175.08M
175.08M – 175.08M
+2.2% YoY
Net Income
112.14M
est: 112.00M (+0.1%)
122.38M
est: 128.30M (-4.6%)
125.91M
est: 117.00M (+7.6%)
129.40M
est: 123.80M (+4.5%)
134.17M
est: 127.90M (+4.9%)
135.09M
est: 136.00M (-0.7%)
139.08M
est: 134.60M (+3.3%)
145.55M
est: 148.00M (-1.7%)
147.85M
est: 148.00M (-0.1%)
158.95M
158.02M
est: 33.56M (+370.9%)
162.26M
est: 32.56M (+398.3%)
33.58M
33.58M – 33.58M
+3.1% YoY
35.72M
35.72M – 35.72M
+6.4% YoY
36.67M
36.67M – 36.67M
+2.6% YoY
SGA
50.35M
est: 44.47M (+13.2%)
47.73M
est: 185.07M (-74.2%)
47.79M
est: 46.03M (+3.8%)
45.77M
est: 47.55M (-3.7%)
48.19M
est: 48.84M (-1.3%)
173.72M
est: 50.86M (+241.6%)
56.60M
est: 50.42M (+12.3%)
58.23M
est: 54.42M (+7.0%)
58.73M
est: 53.96M (+8.8%)
65.44M
est: 69.33M (-5.6%)
66.16M
est: 69.14M (-4.3%)
129.45M
est: 70.78M (+82.9%)
72.56M
72.56M – 72.56M
+2.5% YoY
74.48M
74.48M – 74.48M
+2.6% YoY
76.13M
76.13M – 76.13M
+2.2% YoY
EPS
5.61
est: 5.60 (+0.2%)
6.12
est: 6.45 (-5.1%)
6.30
est: 5.85 (+7.7%)
6.47
est: 6.19 (+4.5%)
6.71
est: 6.40 (+4.9%)
33.77
est: 6.80 (+396.6%)
34.77
est: 6.73 (+416.6%)
7.28
est: 7.40 (-1.6%)
7.39
est: 7.40 (-0.1%)
7.95
7.90
est: 8.39 (-5.8%)
40.56
est: 8.14 (+398.3%)
8.40
8.40 – 8.40
+3.1% YoY
8.93
8.93 – 8.93
+6.4% YoY
9.17
9.17 – 9.17
+2.6% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-05-28 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-05-27 B+ 3/5 5/5 3/5 2/5 1/5 4/5 4/5
2026-05-26 B+ 3/5 5/5 3/5 2/5 1/5 4/5 4/5
2026-05-22 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-05-21 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-05-20 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-05-19 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-05-18 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-05-15 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-05-13 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-05-12 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-05-11 B+ 3/5 5/5 3/5 2/5 1/5 4/5 4/5
2026-05-08 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-05-07 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-05-06 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-05-05 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-05-04 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-04-30 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-04-29 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-04-28 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-04-27 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-04-24 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-04-23 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-04-22 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-04-21 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-04-20 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-04-17 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-04-16 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-451.88M
OE per share TTM
-112.96
Owner's Yield
-60.09%
Maintenance CapEx ratio
27.43%
Maint CapEx / Avg PPE
22.3%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 4 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Xtrackers - MSCI Pakistan Swap UCITS ETF XBAK.L 1.62% 375.0K 0.85%
2 iShares Core SPI(R) ETF (CH) CHSPI.SW 0.04% 2.63M 0.10%
3 State Street SPDR Portfolio Europe ETF SPEU 0.00% 32.0K 0.07%
4 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 25.2K 0.28%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
316.3K
Shares Outstanding
4.00M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Thomas Koller Chairman of Management Board & Head of Bank Management 1M male
Albert Koller Actuary & Member of the Bank Council 90.0K male
Daniel Kummer Head of Private Customers Division & Member of Management Board male
Hanspeter Hutter Head of Finance & Risk division, Chief Financial Officer, CRO and Member of Management Board male
Marcel Stauch Head of Services Division & Member of Management Board male
Remo Lobsiger Deputy Chief Executive Officer, Head of Business Customers Division & Member of Management Board male
Tobias Hilpert Head of Market Services & Member of Management Board male
Anita Schweizer Head of Corporate Communications & General Secretariat female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits