Who are Zuger Kantonalbank's main competitors?

Named competitors: Berner Kantonalbank (BEKN.SW), Walliser Kantonalbank (WKBN.SW), UBS Group (UBSG.SW). The cockpit's measured peer set (industry) also includes CVB Financial (CVBF), Bank Handlowy w Warszawie (BHW.WA), Independent Bank (INDB), First Bancorp (FBP), Hirogin (7337.T), International Bancshares (IBOC).

Is Zuger Kantonalbank expensive compared with its peers?

On price / book it trades at 2.03× against a peer median of 1.27×, 4th most expensive of 21 in its peer set.

How has Zuger Kantonalbank stock performed?

Over six months to 6 Nov 2026 the shares returned +8.0% against +7.2% for the median peer; over one year +30.4%.

← CockpitCompetitor Analysis › ZUGER.SW Zuger Kantonalbank AGOpen in the cockpit ↗

Zuger Kantonalbank AGZUGER.SWCompetitor analysis, valuation and peers

Switzerland · CHF·Financials›Regional Banks

Cantonal bank of Zug providing retail, corporate and mortgage banking in a wealthy, low-tax canton.

Momentum neutral 59

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$4.04B

US dollars, full cap

Free float

50%

of shares outstanding

$/day

$742,381

20-day average traded

P/B

2.03×

price to book

ROE

8.3%

delivered

Implied ROE

n/a

what the price asks

Close · CHFCHF 11,450

1D-1.3%

1W+1.3%

1M-0.4%

3M+12.2%

6M+8.0%

YTD+29.5%

1Y+30.4%

ATR %1.6%

52w lowhigh2.1% off high

What Zuger Kantonalbank does

Cantonal bank of Zug providing retail, corporate and mortgage banking in a wealthy, low-tax canton.

Earns most from the gap between loan and mortgage interest and deposit costs, with mortgages on Zug homes and property the biggest lending line, plus fees from wealth management and payments. The canton of Zug is the owner and stands behind the bank with a guarantee.

Products and services

Retail & mortgage banking
Corporate/SME banking
Wealth management

Customers

Retail depositors/borrowers
Zug-based companies incl. holding cos

Where it sits in the supply chain

Financials
Retail & commercial banking
Cantonal (regional) bank

What could go right

Zug's corporate relocation boom
Low-tax canton wealth inflows

What could go wrong

Interest rate/margin sensitivity
Regional concentration

Moat: narrow (regulatory licence, brand, distribution). State guarantee and deep ties to Zug's wealthy, business-dense local economy.

Headquarters: Zug, Switzerland · Founded: 1892 · Employees: 521

Named competitors

Zuger Kantonalbank at a glance

Size Zuger Kantonalbank (ZUGER.SW) is a Switzerland Financials company (Regional Banks) with a market value of $4.04B, the 64th largest of 158 Switzerland companies the cockpit tracks. Shares closed at CHF 11,450 on 6 Nov 2026.

Performance Over six months the shares gained 8.0%, against +7.2% for the median peer and +11.6% for the Switzerland market (cap-weighted) — 10th highest of 21 in its peer set.

Growth Revenue fell 10.1% over the last twelve months (peer median +3.1%); the operating margin is 43.6% (peer median 43.8%).

Valuation It trades at 2.03× book value against a peer median of 1.27× (4th most expensive of 21).

Relative performance

Six months, rebased to 100: Zuger Kantonalbank against the median of its 20 peers (local-currency closes).

Zuger Kantonalbank financials

Reported figures in CHF; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CHF 401M	CHF 411M	CHF 468M	CHF 442M	CHF 284M
Revenue growth	—	-12%	+6%	+55%	—
Net income	CHF 132M	CHF 131M	CHF 122M	CHF 125M	CHF 97.2M
Free cash flow	n/a	CHF 152M	CHF 104M	CHF 162M	CHF 64.8M
Capital expenditure	n/a	CHF 16.0M	CHF 14.9M	CHF 17.8M	CHF 76.3M
Total debt	n/a	CHF 4.49B	CHF 4.29B	CHF 4.08B	CHF 4.45B

Quarterly statements and history in the cockpit →

Zuger 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

Up and to the right = strong over both horizons. Zuger Kantonalbank is the large dot.

Fundamentals: return on equity against price-to-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. Zuger Kantonalbank is the large dot.

Zuger Kantonalbank competitors and peer comparison

Head to head with its named competitors (ZUGER.SW vs BEKN.SW vs WKBN.SW vs UBSG.SW)
Company	Market cap	6M return	Revenue growth	ROE	Price / book	Implied ROE
Zuger Kantonalbank ZUGER.SW	$4.04B	+8%	-10%	8%	2.03×	n/a
Berner Kantonalbank BEKN.SW	$5.07B	+17%	-4%	7%	1.34×	n/a
Walliser Kantonalbank WKBN.SW	$3.15B	+4%	-12%	5%	1.50×	n/a
UBS UBSG.SW	$148B	+13%	-5%	11%	1.62×	8.4%

How Zuger 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.

Zuger Kantonalbank against its 20 peers (data as of 6 Nov 2026)
Measure	ZUGER.SW	Peer median	Rank in peer set
1-month return	-0.4%	+4.5%	7th lowest of 21
6-month return	+8.0%	+7.2%	10th highest of 21
Return on equity	8.3%	9.1%	8th lowest of 21
Price / book	2.03×	1.27×	4th most expensive of 21
Trailing P/E	25.0×	12.0×	2nd most expensive of 19
ROE delivered	8.3%	9.3%	7th lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	ROE	Price / book	Implied ROE	Delivered ROE
Zuger Kantonalbank ZUGER.SW	Switzerland	$4.04B	+8%	-10%	8%	2.03×	n/a	8.3%
CVB Financial CVBF	United States	$3.99B	+12%	+23%	9%	1.27×	9.8%	8.6%
Bank Handlowy w Warszawie BHW.WA	Poland	$4.09B	+7%	-22%	17%	1.72×	17.1%	16.7%
Independent Bank INDB	United States	$3.94B	+8%	+25%	9%	1.14×	9.5%	9.3%
First Bancorp FBP	United States	$3.92B	+8%	+3%	19%	2.09×	15.7%	19.4%
Hirogin 7337.T	Japan	$3.89B	+9%	+26%	8%	0.99×	7.4%	8.2%
International Bancshares IBOC	United States	$4.20B	-8%	+2%	13%	1.25×	9.8%	12.9%
BancFirst BANF	United States	$3.87B	+2%	-3%	14%	1.94×	12.7%	13.6%
Cathay General Bancorp CATY	United States	$4.24B	+12%	+3%	12%	1.39×	11.8%	12.2%
Karur Vysya Bank KARURVYSYA.NS	India	$3.80B	+18%	+14%	21%	2.32×	30.7%	21.0%
EQB EQB.TO	Canada	$3.79B	+3%	-4%	0%	1.44×	12.8%	-0.1%
Chugin Financial Group,Inc 5832.T	Japan	$3.76B	+10%	+34%	8%	0.86×	6.5%	8.3%
Bendigo & Adelaide Bank BEN.AX	Australia	$4.36B	+5%	-6%	6%	0.93×	11.0%	5.6%
WesBanco WSBC	United States	$3.70B	+13%	+17%	9%	0.96×	8.2%	8.8%
United Community Banks UCB	United States	$4.43B	+11%	-18%	4%	1.26×	10.9%	4.1%
ServisFirst Bancshares SFBS	United States	$4.49B	+2%	+5%	18%	2.21×	17.2%	17.9%
Twenty One Capital XXI	United States	$3.57B	-36%	n/a	-12%	1.38×	7.6%	n/a
Renasant RNST	United States	$3.55B	-2%	+20%	9%	0.93×	9.5%	8.7%
Alior Bank ALR.WA	Poland	$4.59B	+15%	-7%	16%	1.42×	20.0%	15.6%
Yamaguchi Financial 8418.T	Japan	$3.54B	+6%	+19%	6%	0.84×	5.8%	5.7%
First Interstate BancSystem FIBK	United States	$3.50B	+4%	-4%	10%	1.12×	9.0%	9.5%

Questions

Who are Zuger Kantonalbank's main competitors?: Named competitors: Berner Kantonalbank (BEKN.SW), Walliser Kantonalbank (WKBN.SW), UBS Group (UBSG.SW). The cockpit's measured peer set (industry) also includes CVB Financial (CVBF), Bank Handlowy w Warszawie (BHW.WA), Independent Bank (INDB), First Bancorp (FBP), Hirogin (7337.T), International Bancshares (IBOC).
Is Zuger Kantonalbank expensive compared with its peers?: On price / book it trades at 2.03× against a peer median of 1.27×, 4th most expensive of 21 in its peer set.
How has Zuger Kantonalbank stock performed?: Over six months to 6 Nov 2026 the shares returned +8.0% against +7.2% for the median peer; over one year +30.4%.