St. Galler Kantonalbank SGKN.SW
SwitzerlandFinancial Services · Banks - RegionalSIX Swiss Exchange · CHF
770.00 CHF (+9.4%)
1 analysts
XTB1.00 €affiliateOpen account ↗
Interactive Brokers7.04 €Open account ↗XTB1.00 €★ featured · affiliateOpen account ↗Interactive Brokers7.04 €Open account ↗XTB1.00 €★ featured · affiliateOpen account ↗200.00 € order · cheapest cheapest available in your country iCompare all 22 brokers →What does it do?
St. Galler Kantonalbank is a Swiss cantonal bank offering universal banking services, including retail banking, wealth management, and corporate financing, with the backing and guarantee of the canton of St.
Listed on SIX Swiss Exchange · Symbol SGKN.SW · SWX: SGKN · Currency CHF
Key points
from its scores- ✓High-quality business9.5
- ✓Favourable backdrop8.7
- ✓Good share-price trend7.0
- ✕Fragile balance sheet3.1
- ✕Demanding valuation3.4
AI analysis
bottom line, main risk, context and newsIt is a high-quality defensive stock with a stable dividend, although its growth and profitability are limited.
Gallen. St. Galler KB shows modest profitability (ROE 7.60%) but exceptional balance sheet quality (net margin 38.64%), with a reasonable valuation (P/E 18.10) and a sustainable dividend (payout 51.42%). Revenue growth is moderate (4.30%), reflecting the stability of a Swiss regional bank.
The main risk is dependence on the local economy of St. Gallen and pressure on interest margins in a low-rate environment in Switzerland, which could limit future profitability.
Context and risks
St. Galler Kantonalbank operates under a stable Swiss regulatory framework with cantonal protection, which mitigates governance risk. However, the country's risk profile (moderate) and exposure to a Swiss interest rate environment, which differs from the Fed and ECB cycles, justify a slight downward adjustment in contextual risk.
Is St. Galler Kantonalbank stock cheap or expensive?
at the analysis dateOn P/E and Price / book, it trades in line with the Financial Services median (within 15%).
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 18.1 | 13.7 | +32% |
| Price / book | 1.4 | 1.9 | −27% |
| Price / sales | 7.0 | 3.5 | +103% |
Sector: median of the 351 Financial Services companies analysed. In bold, the multiples used for the comparison.
Valuation score: 3.4 out of 10 (median for Financial Services: 5.2).
Average analyst target: 770.00 CHF, +9.4% versus the price.
Classic formulas with standard assumptions (4.4% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Financial Services medianValuation
- P/E
- 18.1
- Forward P/E
- 17.3
- Price / book
- 1.4
- Price / sales
- 7.0
- PEG
- 1.94
- Market cap
- 4.2B CHF
- Enterprise value
- 9.0B CHF
Profitability
- ROE
- 7.6%
- ROA
- 0.5%
- ROIC (approx.)
- 1.5%
- Gross margin
- 0.0%
- Operating margin
- 45.6%
- Net margin
- 38.6%
Solvency
- Total debt
- 15.5B CHF
- Net debt
- 4.8B CHF
- Cash
- 10.8B CHF
Growth
- Revenue growth
- +4.3%
- EPS (TTM)
- 38.89 CHF
- EPS (forward)
- 40.60 CHF
Dividend
- Dividend yield
- 2.8%
- Payout
- 51.4%
Risk and market
- Beta
- 0.03
- Analyst consensus
- none (1)
- Target price
- 770.00 CHF
- 52-week range
- 499.50 – 718.00
Recent news
All SGKN.SW news →Compare it with its sector
All 351 in Financial Services →Frequently asked questions about St. Galler Kantonalbank
Is St. Galler Kantonalbank stock cheap or expensive?
On P/E and Price / book, it trades in line with the Financial Services median (within 15%). Valuation score: 3.4 out of 10 (median for Financial Services: 5.2). Average analyst target: 770.00 CHF, +9.4% versus the price. This is not investment advice.
What score does St. Galler Kantonalbank get on MeridIAn Screener?
It scores 6.2 out of 10, rank 841 of 2,130 (better than 60% of the companies analysed). Its strongest category is Quality / Moat (9.5) and its weakest, Financial health (3.1). Analysis of 08/10/2026.
What is St. Galler Kantonalbank's P/E ratio?
Its P/E is 18.1: the share price equals 18.1 times earnings per share over the last 12 months. The Financial Services median is 13.7. Based on the earnings analysts expect, the forward P/E is 17.3.
How much is St. Galler Kantonalbank worth on the stock market?
Its market capitalisation is 4.2B CHF.
Does St. Galler Kantonalbank pay a dividend?
Yes: its dividend yield is 2.84% and it pays out 51% of its earnings.
How has St. Galler Kantonalbank stock performed over the last year?
It has risen 43.0% over the last year, excluding dividends. Over the last 52 weeks it has traded between 499.50 and 718.00 CHF. Past performance does not guarantee future results.
What do analysts think of St. Galler Kantonalbank?
1 analysts cover it; their average recommendation is “none” and their average target is 770.00 CHF (+9.4% versus the price). It is an estimate, not market data.