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Swissquote Group Holding

Bloomberg   SQN SW
Internet banking/Fintech  /  Switzerland  Web Site   |   Investors Relation
Licensed to conquer Europe
Upside 18.2%
Price (CHF) 167.5
Market Cap (CHFM) 2,568
Perf. 1W: 2.82%
Perf. 1M: 25.5%
Perf. 3M: 39.0%
Perf Ytd: 25.5%
10 day relative perf. to stoxx600: 9.45%
20 day relative perf. to stoxx600: 18.9%
EPS change09/08/2021

Change in EPS2021 : CHF 12.0 vs 11.2+6.61%
2022 : CHF 12.6 vs 11.0+14.9%

Following Swissquote’s H1 21 earnings release, we have raised our EPS for the coming years. We have only slightly modified our numbers for 2021 as these had already been updated in June following Swissquote’s positive profit warning. Going into 2022 and 2023, the increase is much higher as we are confident Swissquote will manage to keep decent growth despite an exceptionnal current year. Management is confident both the top-line and pre-tax profit will grow in 2022 driven by crypto-currencies trading (thanks to volatility and the institutionalisation of that asset class) as well as the buoyant ongoing opening in new accounts.


16 Jan 23 Earnings/sales releases
Swissquote meets 2022 expectations; onwards ...

10 Aug 22 Earnings/sales releases
Revenue decreased but client growth is pure dr...

17 Mar 22 Earnings/sales releases
A record year punctuated by diversification to ...

13 Jan 22 Earnings/sales releases
Buy the dip

06 Aug 21 Earnings/sales releases
Good numbers, increase in guidance, modest ...