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PostFinance's new chairman, Beat Röthlisberger, opposes privatization and emphasizes the need to provide loans to small and medium-sized enterprises (SMEs), citing a competitive disadvantage due to current restrictions. He advocates for a proper political discussion on financing SMEs, while also acknowledging the success of Yuh, a digital banking venture, despite its limited service offerings compared to PostFinance. The institution remains committed to maintaining over-the-counter payment services, despite their financial losses, as part of its legal mandate.
An investment of CHF 10,000 in Basellandschaftliche Kantonalbank (BLKB) shares five years ago would have resulted in ownership of 11,574 shares, now valued at CHF 10,972.22, reflecting a 9.72% increase. The current share price is CHF 948.00, with a market capitalization of CHF 533.24 million.
Monika Roth has criticized Basellandschaftliche Kantonalbank (BLKB) for its subsidiary Radicant, calling it superfluous and questioning the merger with Numarics. In response, BLKB defends Radicant as a strategic investment to diversify its business and comply with regional operational mandates, emphasizing its role in balancing risk and expanding customer reach. The bank also asserts that it has communicated its objectives transparently to stakeholders.
Basellandschaftliche Kantonalbank (VTX:BLKB) will go ex-dividend on March 28, with a dividend of CHF0.42 per share payable on April 1. The bank has a trailing yield of 4.5% and paid out 57% of its earnings in dividends last year, indicating a sustainable payout level. Earnings per share increased by 4.0% over the past year, and the dividend has grown by an average of 2.4% annually over the last decade.
Basellandschaftliche Kantonalbank, a Swiss commercial bank, has raised CHF 155 million in borrowing, maturing in 2027. The bank serves both private and corporate customers, offering a range of services including private banking, real estate, investment advice, and various financial products. With around twenty branches in the canton of Basel-Landschaft, it provides comprehensive support for business start-ups and advisory services.
Basellandschaftliche Kantonalbank (BLKB) is issuing a bond worth CHF 155 million, with a coupon rate of 0.80% and an issue price of 100.069%. The bond matures in 2.675 years, on December 1, 2027, and has a yield to maturity of 0.774%. It is rated AA+ by S&P and will be listed on SIX starting March 28, 2025.
Five years ago, shares of Basellandschaftliche Kantonalbank (BLKB) were priced at CHF 926.00. An investment of CHF 100 would now be worth CHF 95.46, reflecting a loss of 4.54%. The current market valuation of BLKB stands at CHF 495.94 million.
Investing CHF 10,000 in Basellandschaftliche Kantonalbank (BLKB) shares a year ago would have resulted in 11,628 shares. As of February 12, 2025, the investment's value increased to CHF 10,441.86, reflecting a growth of 4.42%. The bank's market capitalization stands at CHF 502.73 million.
Beat Röthlisberger, head of Postfinance, aims to invest CHF 25 billion in Swiss SMEs to fill the financing gap left by Credit Suisse's collapse. However, he requires political support to amend the Postal Organization Act, which currently prohibits Postfinance from granting corporate loans. Despite structural challenges, Röthlisberger believes this move could enhance competition and provide reasonably priced financing for SMEs.
District Councillor Peter Riebli (SVP) criticizes the merger of BLKB subsidiary Radicant with fintech Numarics, arguing that BLKB should focus on its core business. He questions the CHF 100 million valuation of Radicant and sees no synergies between the companies, raising concerns about potential conflicts of interest and compatibility with the government's ownership strategy.
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