Luzerner Kantonalbank AG

LUKN

CH1252930610

Banks

Real-time Estimate Cboe Europe Other stock markets 08:14:55 2024-04-29 am EDT			5-day change	1st Jan Change
68.6 ^CHF	+1.18%		-1.31%	-5.83%

Apr. 19	SoftwareOne seen as takeover target after board shake-up, shares rise	RE
Apr. 16	Swiss Prime Site Closes Fundamenta Group Purchase	MT

Luzerner Kantonalbank AG Reports Earnings Results for the Full Year Ended December 31, 2023

February 31, 2024 at 08:34 pm EST

Luzerner Kantonalbank AG reported earnings results for the full year ended December 31, 2023. For the full year, the company reported net interest income was CHF 427.36 million compared to CHF 404.47 million a year ago. Net income was CHF 265.4 million compared to CHF 226.6 million a year ago.

Latest news about Luzerner Kantonalbank AG

SoftwareOne seen as takeover target after board shake-up, shares rise	Apr. 19	RE
Swiss Prime Site Closes Fundamenta Group Purchase	Apr. 16	MT
Swiss Prime Site Solutions AG completed the acquisition of Fundamenta Group AG and Fundamenta Group Deutschland AG from Garcia and Marxer families, Luzerner Kantonalbank AG and the management.	Apr. 14	CI
Luzerner Kantonalbank Logs Higher Q1 Group Profit; Net Interest Income Up	Apr. 12	MT
Luzerner Kantonalbank AG Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 11	CI
Swiss Prime Site Solutions AG agreed to acquire Fundamenta Group AG and Fundamenta Group Deutschland AG from Garcia and Marxer families, Luzerner Kantonalbank AG and the management.	Mar. 13	CI
SoftwareOne founders seek to elect new board and resurrect sale plan	Feb. 05	RE
Luzerner Kantonalbank AG Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 31	CI
Luzerner Kantonalbank Logs Higher Profit in Nine Months to September	23-10-27	MT
Luzerner Kantonalbank AG Reports Earnings Results for the Nine Months Ended September 30, 2023	23-10-26	CI
Luzerner Kantonalbank AG Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-29	CI
INSTANT VIEW-Swiss National Bank raises interest rates	23-06-22	RE
Luzerner Kantonalbank AG Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-12	CI
Credit Suisse chairman's comments draw scrutiny from financial watchdog -sources	23-02-21	RE
Credit Suisse chairman's comments draw scrutiny from financial watchdog -sources	23-02-21	RE
Luzerner Kantonalbank Posts Higher FY22 Consolidated Profit Thanks to Widening Earnings Base	23-02-07	MT
Luzerner Kantonalbank AG Reports Earnings Results for the Full Year Ended December 31, 2022	23-02-06	CI
Roche's Alzheimer's drug fails to meet goal in long awaited trial	22-11-14	RE
Luzerner Kantonalbank's Q3 Profit Rises Marginally Amid Volatile Markets	22-10-28	MT
Luzerner Kantonalbank AG Reports Earnings Results for the Nine Months Ended September 30, 2022	22-10-27	CI
Luzerner Kantonalbank Opens New Branch in Sursee, Switzerland	22-10-17	MT
Luzerner Kantonalbank Completes ESG Integration In Investment, Fund Business	22-09-19	MT
Luzerner Kantonalbank AG Reports Earnings Results for the Half Year Ended June 30, 2022	22-08-24	CI
S&P Raises Luzerner Kantonalbank's Outlook To Positive On Continuous Government Support	22-05-25	MT
Luzerner Kantonalbank's Q1 Profit Jumps On Interest Income Growth	22-04-08	MT

Chart Luzerner Kantonalbank AG

Duration

Period

More charts

Company Profile

Luzerner Kantonalbank AG (LUKB) is a Switzerland-based bank. The Bank divides its operations into three business segments: Private and Business Customers, Corporate Customers and Private Banking/Institutional/Trade. Next to private customers, the Bank also offers services to small enterprises, companies, pension funds, insurances, wealth manager and banks. For private customers, it offers bank accounts, several investment products, investment advice, loans, credit cards, wealth management and other financing solutions. For business clients, it provides import-export assistance, trade financing, business formation services, support in mergers & acquisitions. The Bank operates through a network of approximately 20 branches in Switzerland.

Sector

Banks

Calendar

2024-08-21 - Q2 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

68.1 CHF

Average target price

87 CHF

Spread / Average Target

+27.75%

Consensus

Quarterly revenue - Rate of surprise

Company calendar

Sector Other Banks

	1st Jan change	Capi.
LUZERNER KANTONALBANK AG	-5.83%	3.67B
JPMORGAN CHASE & CO.	+13.75%	556B
BANK OF AMERICA CORPORATION	+12.36%	298B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+9.95%	247B
WELLS FARGO & COMPANY	+21.72%	210B
BANK OF CHINA LIMITED	+21.81%	170B
CHINA CONSTRUCTION BANK CORPORATION	+9.03%	162B
HSBC HOLDINGS PLC	+5.30%	153B
ROYAL BANK OF CANADA	+0.10%	139B
HDFC BANK LIMITED	-10.52%	138B

Other Banks