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← CockpitCompetitor Analysis › WKBN.SW Walliser KantonalbankOpen in the cockpit ↗

Walliser KantonalbankWKBN.SWCompetitor analysis, valuation and peers

Switzerland · CHF·Financials›Regional Banks

Cantonal bank of Valais offering retail, corporate and mortgage banking across the canton.

Momentum neutral 47
Mkt cap
$3.15B
US dollars, full cap
Free float
29%
of shares outstanding
$/day
$407,121
20-day average traded
P/B
1.50×
price to book
ROE
5.3%
delivered
Implied ROE
n/a
what the price asks
Close · CHFCHF 163.50
1D+0.3%
1W-1.8%
1M0.0%
3M+4.5%
6M+3.8%
YTD+22.0%
1Y+28.2%
ATR %1.4%
52w lowhigh3.5% off high

What Walliser Kantonalbank does

Cantonal bank of Valais offering retail, corporate and mortgage banking across the canton.

Earns the gap between interest on mortgages and business loans and the cost of customer deposits, with home mortgages in Valais the bulk of lending, plus fees from payments and wealth management. The canton of Valais owns most of its shares and guarantees its obligations.

Products and services

  • Retail & mortgage banking
  • Corporate/SME banking

Customers

  • Retail depositors/borrowers
  • Valais SMEs & tourism businesses

Where it sits in the supply chain

  • Financials
  • Retail & commercial banking
  • Cantonal (regional) bank

What could go right

  • Valais tourism & real estate lending
  • Regional mortgage growth

What could go wrong

  • Interest rate/margin sensitivity
  • Tourism-sector economic exposure

Moat: narrow (regulatory licence, distribution). State guarantee and dense branch presence anchor deposit funding across Valais.

Headquarters: Sion, Switzerland · Founded: 1917 · Employees: 561

Named competitors

Walliser Kantonalbank at a glance

Size Walliser Kantonalbank (WKBN.SW) is a Switzerland Financials company (Regional Banks) with a market value of $3.15B, the 76th largest of 158 Switzerland companies the cockpit tracks. Shares closed at CHF 163.50 on 6 Nov 2026.

Performance Over six months the shares gained 3.8%, against -2.4% for the median peer and +11.6% for the Switzerland market (cap-weighted) — 6th highest of 21 in its peer set.

Growth Revenue fell 11.9% over the last twelve months (peer median +1.3%); the operating margin is 36.8% (peer median 36.4%).

Valuation It trades at 1.50× book value against a peer median of 1.07× (2nd most expensive of 21).

Credit Walliser Kantonalbank has 2 bonds outstanding ($427M).

Relative performance

10010511011 May 202611 Aug 20266 Nov 2026WKBN.SW 104Peer median 98
Six months, rebased to 100: Walliser Kantonalbank against the median of its 20 peers (local-currency closes).

Walliser Kantonalbank financials

Reported figures in CHF; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCHF 350MCHF 358MCHF 438MCHF 419MCHF 278M
Revenue growth—-18%+4%+51%—
Net incomeCHF 88.5MCHF 85.9MCHF 90.5MCHF 90.4MCHF 72.9M
Free cash flown/an/aCHF 19.6MCHF 57.0MCHF 285M
Capital expendituren/aCHF 0CHF 19.3MCHF 12.6MCHF 12.5M
Total debtn/aCHF 7.25BCHF 6.97BCHF 6.67BCHF 6.14B

Quarterly statements and history in the cockpit →

Walliser Kantonalbank competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-30%-20%-10%0%+10%-20%-10%0%+10%UCOBANK601997SBCFFHBCMBNTOWN2812MCHBFFBC1389307189BANC601128FIBKCUBI8418XXI2838WKBN.SW6-month return →1-month return →
Up and to the right = strong over both horizons. Walliser Kantonalbank is the large dot.

Fundamentals: return on equity against price-to-book

0%5%10%0.50×10×1.50×UCOBANK601997SBCFFHBCMBNTOWN2812VATNMCHB1389307189BANC601128FIBKCUBI8418RNSTXXIWKBN.SWReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Walliser Kantonalbank is the large dot.

Walliser Kantonalbank competitors and peer comparison

Head to head with its named competitors (WKBN.SW vs BEKN.SW vs ZUGER.SW vs BCVN.SW)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
Walliser Kantonalbank WKBN.SW$3.15B+4%-12%5%1.50×n/a
Berner Kantonalbank BEKN.SW$5.07B+17%-4%7%1.34×n/a
Zuger Kantonalbank ZUGER.SW$4.04B+8%-10%8%2.03×n/a
Banque Cantonale Vaudoise BCVN.SW$14.4B+20%-8%12%3.07×n/a
Banque Cantonale de Geneve BCGE.SW$3.17B+12%-3%10%1.01×n/a
Luzerner Kantonalbank LUKN.SW$7.86B+28%-3%9%1.76×n/a
Valiant VATN.SW$2.93B-9%-11%6%0.86×n/a

How Walliser Kantonalbank compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Walliser Kantonalbank against its 20 peers (data as of 6 Nov 2026)
MeasureWKBN.SWPeer medianRank in peer set
1-month return0.0%+0.8%9th lowest of 21
6-month return+3.8%-2.4%6th highest of 21
Return on equity5.3%8.7%3rd lowest of 21
Price / book1.50×1.07×2nd most expensive of 21
Trailing P/E29.0×11.4×most expensive of 18
ROE delivered5.3%9.5%2nd lowest of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Walliser Kantonalbank WKBN.SWSwitzerland$3.15B+4%-12%5%1.50×n/a5.3%
UCO Bank UCOBANK.NSIndia$3.17B-13%+1%9%0.86×13.6%n/a
Bank of Guiyang 601997.SSChina$3.20B-3%-5%7%0.32×2.0%6.9%
Seacoast Banking Corporation of Florida SBCFUnited States$3.24B+8%+29%7%1.25×10.9%6.8%
First Hawaiian FHBUnited States$3.04B-9%+1%10%1.08×9.3%9.9%
Cembra Money Bank CMBN.SWSwitzerland$3.03B-9%-3%15%1.93×4.1%14.7%
TowneBank TOWNUnited States$3.36B+4%+36%13%1.08×9.0%12.9%
Taichung Commercial Bank 2812.TWTaiwan$3.38B-12%-13%11%1.16×3.9%11.2%
Valiant VATN.SWSwitzerland$2.93B-9%-11%6%0.86×n/a5.8%
Mechanics Bancorp MCHBUnited States$3.41B-1%+131%10%1.33×14.8%10.2%
First Financial Bancorp FFBCUnited States$3.43B+6%+13%11%1.19×10.9%10.7%
BNK Financial 138930.KSSouth Korea$2.88B-31%+10%8%0.39×4.1%n/a
Nishi-Nippon Financial 7189.TJapan$3.47B+3%+28%8%0.88×6.9%7.8%
Banc of California BANCUnited States$2.86B-6%-14%0%1.00×8.6%-0.3%
Jiangsu Changshu Rural Commercial Bank 601128.SSChina$3.48B-4%-1%14%0.67×2.5%13.8%
First Interstate BancSystem FIBKUnited States$3.50B+4%-4%10%1.12×9.0%9.5%
Customers Bancorp CUBIUnited States$2.82B+10%+8%14%1.29×14.7%13.6%
Yamaguchi Financial 8418.TJapan$3.54B+6%+19%6%0.84×5.8%5.7%
Renasant RNSTUnited States$3.55B-2%+20%9%0.93×9.5%8.7%
Twenty One Capital XXIUnited States$3.57B-36%n/a-12%1.38×7.6%n/a
Union Bank of Taiwan 2838.TWTaiwan$2.75B+2%-9%8%1.06×3.7%8.5%

Walliser Kantonalbank bonds and credit

Walliser Kantonalbank has 2 bonds outstanding with $427M face value.

Every bond, yield and spread in the cockpit →

Questions

Who are Walliser Kantonalbank's main competitors?
Named competitors: Berner Kantonalbank (BEKN.SW), Zuger Kantonalbank (ZUGER.SW), Banque Cantonale Vaudoise (BCVN.SW), Banque Cantonale de Geneve (BCGE.SW), Luzerner Kantonalbank (LUKN.SW), Valiant Holding (VATN.SW). The cockpit's measured peer set (industry) also includes UCO Bank (UCOBANK.NS), Bank of Guiyang (601997.SS), Seacoast Banking Corporation of Florida (SBCF), First Hawaiian (FHB), Cembra Money Bank (CMBN.SW), TowneBank (TOWN).
Is Walliser Kantonalbank expensive compared with its peers?
On price / book it trades at 1.50× against a peer median of 1.07×, 2nd most expensive of 21 in its peer set.
How has Walliser Kantonalbank stock performed?
Over six months to 6 Nov 2026 the shares returned +3.8% against -2.4% for the median peer; over one year +28.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.