Cembra Money Bank Ltd.

CMBN

Equity

ISIN CH0225173167 / Valor 22517316

SIX Swiss Exchange (2024-12-23)

CHF 81.40+0.43%

Cembra Money Bank Ltd.
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About company

Cembra Money Bank Ltd. is a leading Swiss provider of financing solutions and services, offering consumer credit products such as personal loans, auto leases and loans, credit cards, invoice financing, and deposits and savings products. With over 2 million customers in Switzerland, the company operates through a network of branches, online distribution channels, credit card partners, independent intermediaries, and car dealers. Employing more than 900 people from over 40 different countries, Cembra has its headquarters in Zurich and has been listed as an independent Swiss bank on the SIX Swiss Exchange since October 2013. The company is rated A- by Standard & Poor’s and is included in the MSCI ESG Leaders Index and the 2023 Bloomberg Gender-Equality Index.

Summarized from source with an LLMView SourceSector: Finance

Net Income

Cembra Money Bank Ltd. reported a net income of CHF 158.0 million for the year ending December 31, 2023, compared to CHF 169.3 million in the previous year. This represents a decrease of 7% year-over-year.

Interest Income

For the year ending December 31, 2023, Cembra Money Bank Ltd. recorded total interest income of CHF 422.1 million, an increase from CHF 385.6 million in 2022. This growth was driven by higher income from personal loans and auto leases and loans.

Net Revenues

Cembra Money Bank Ltd.'s net revenues for the year ending December 31, 2023, amounted to CHF 515.7 million, up from CHF 508.9 million in 2022. The increase was primarily due to higher commission and fee income, particularly from insurance and BNPL (Buy Now, Pay Later) services.

Operating Expenses

The total operating expenses for Cembra Money Bank Ltd. in the year ending December 31, 2023, were CHF 262.6 million, a slight increase from CHF 257.5 million in 2022. This rise was mainly attributed to higher compensation and benefits costs.

Dividend

Cembra Money Bank Ltd. proposed a dividend of CHF 4.00 per share for the year ending December 31, 2023, up from CHF 3.95 per share in the previous year. This reflects the bank's commitment to returning value to its shareholders.

Summarized from source with an LLMView Source

Key figures

26.4%1Y

23.3%3Y

-25.7%5Y

Performance

17.9%1Y

22.4%3Y

30.1%5Y

Volatility