IFBC Sector Report 2022 – Swiss Banking

In this year’s report you will find our latest insights on financial performance and value creation of 55 retail and 31 private banks.

Specifically, the Sector Report – Swiss Banking addresses the following questions:

• How are the valuations of listed Swiss retail and private banks developing?
• How profitable are the Swiss retail and private banks and is economic value being created in the sector?
• Which trends and challenges are driving the Swiss retail and private banks?

For example, the operating profit of Swiss retail and private banks was analyzed. Retail as well as private banks were able to increase their operating profit per FTE in 2021. Retail banks have surpassed the pre-pandemic level while private banks are still lagging behind.

Retail banks

Development of operating profit per FTE

Private banks

Development of operating profit per FTE

The cost/income-ratio of Swiss retail banks has reached its lowest level within the observation period with a median of 61.7% at the end of 2021. The cost/income-ratio of the private banks has also improved and amounted to 80.8%. Compared to the retail banks, the median cost/income-ratio of private banks is 19 percentage points higher on average.

Retail banks

Development of cost/income ratio

Private banks

Development of cost/income ratio

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Further analyses of Swiss retail and private banks in the areas of “share price analysisand valuation”, “profitability and growth” and “value creation” can be found in our IFBC Sector Report 2022 – Swiss Banking (publication in German).

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