Credit Suisse Group AG (CS)

NYSE: CS · IEX Real-Time Price · USD
-0.011 (-1.23%)
At close: Mar 24, 2023, 4:00 PM
+0.004 (0.41%)
After-hours: Mar 24, 2023, 7:59 PM EDT
Market Cap 3.39B
Revenue (ttm) 16.04B
Net Income (ttm) -7.84B
Shares Out 3.94B
EPS (ttm) -2.74
PE Ratio n/a
Forward PE 9.47
Dividend $0.11 (12.58%)
Ex-Dividend Date May 9, 2022
Volume 62,982,382
Open 0.821
Previous Close 0.872
Day's Range 0.821 - 0.864
52-Week Range 0.821 - 8.290
Beta 1.28
Analysts Sell
Price Target 3.47 (+302.93%)
Earnings Date Apr 26, 2023

About CS

Credit Suisse Group AG, together with its subsidiaries, provides various financial services in Switzerland, Europe, the Middle East, Africa, the Americas, and Asia Pacific. The company offers wealth management solutions, including investment advice and discretionary asset management services; risk management solutions, such as managed investment products; and wealth planning, succession planning, and trust services. It also provides financing and lending solutions, including consumer credit and real estate mortgage lending, real asset lending r... [Read more]

Sector Financials
Founded 1856
Employees 51,680
Stock Exchange NYSE
Ticker Symbol CS
Full Company Profile

Financial Performance

In 2022, CS's revenue was 14.92 billion, a decrease of -34.26% compared to the previous year's 22.70 billion. Losses were -7.29 billion, 342.0% more than in 2021.

Financial numbers in CHF Financial Statements

Analyst Forecast

According to 28 analysts, the average rating for CS stock is "Sell." The 12-month stock price forecast is $3.47, which is an increase of 302.93% from the latest price.

Price Target
(302.93% upside)
Analyst Consensus: Sell
Stock Forecasts


Credit Suisse accessed billions in liquidity last weekend - finance minister

Credit Suisse tapped the Swiss National Bank for "a large multi-billion amount" last weekend to secure its liquidity, the country's finance minister Karin Keller-Sutter told Swiss broadcaster SRF on S...

16 hours ago - Reuters

Make Your Own Bank Run On These Blue-Chip Yields

Is it time for us contrarians to “buy the dip” in bank stocks?

Other symbols: SBNYSIVBUBS
23 hours ago - Forbes

4 banks have collapsed in less than a month. Here's what Jerome Powell, Nouriel Roubini, Elon Musk and others are saying about the turmoil.

Deutsche Bank is the latest to spark concern, and it follows the recent collapses of Silvergate, Silicon Valley Bank, Signature and Credit Suisse.

Other symbols: SBNYSISIVB
1 day ago - Business Insider

UBS's Dargan and Credit Suisse's McDonagh to lead merger -newspaper

The integration team tasked with merging Switzerland's two largest banks is to be headed by UBS's chief technology officer and Credit Suisse's chief operating officer, the Tages-Anzeiger newspaper rep...

Other symbols: UBS
1 day ago - Reuters

Deutsche Bank, Credit Suisse, and what to know about the financial turmoil — and how one company is working to boost the number of women on Wall Street

Insider's Phil Rosen interviews the CEO of Girls Who Invest, and breaks down the latest news in the ongoing banking tumult.

Other symbols: DB
1 day ago - Business Insider

Bond giants Pimco and Invesco are facing losses of hundreds of millions on rotten Credit Suisse debt

Some of the biggest names in investing held Credit Suisse's AT1 bonds, which were marked down to zero by the Swiss regulator a week ago.

Other symbols: IVZ
1 day ago - Business Insider

CREDIT SUISSE SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Credit Suisse Group AG - CS

NEW ORLEANS , March 24, 2023 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until May 8, 2023 to file lead plaintiff applications in securities c...

1 day ago - PRNewsWire

Why Credit Suisse, Deutsche Bank woes matter to the U.S. markets, economy

Yahoo Finance's Jared Blikre breaks down the importance of Credit Suisse's and Deutsche Bank's health in regard to the U.S. economy.

Other symbols: DB
1 day ago - Yahoo Finance

The Differences Between Deutsche Bank and Credit Suisse

Deutsche Bank AG became the latest focus of the banking turmoil in Europe as ongoing concern about the industry amid a slowing economy sent its shares plunging. Bloomberg's Steven Arons explains the d...

Other symbols: DB
1 day ago - Bloomberg Markets and Finance

Head of Credit Suisse talks of his profound sadness over UBS takeover

Ulrich Körner acknowledges an ‘emotional and challenging week' after deal was forced through by Swiss authorities

Other symbols: UBS
1 day ago - The Guardian

INVESTOR ACTION ALERT: The Schall Law Firm Encourages Investors in Credit Suisse Group AG with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 24, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Credit Suisse Group AG ("Credit ...

1 day ago - Accesswire

Credit Suisse, UBS and US Banks Reportedly Face DOJ Investigation

Credit Suisse, UBS and some U.S. banks are reportedly being investigated. Individuals at the two Swiss banks and the unspecified major U.S. banks were recently sent subpoenas by the U.S. Department of...

Other symbols: UBS
1 day ago - PYMNTS

Deutsche Bank is not the next Credit Suisse, analysts say as panic spreads

Central banks and regulators had hoped that the Credit Suisse rescue deal would help calm investor jitters about the stability of Europe's banks.

Other symbols: DB
1 day ago - CNBC

Confidence in European banks plunges again as profit outlook dims

Confidence in European banks deteriorated further on Friday, with the cost of insuring against a debt default rising sharply as the profit outlook for the sector dimmed.

Other symbols: DBUBS
1 day ago - Reuters

Jim Cramer on European bank troubles: Credit Suisse still has earnings power

CNBC's Jim Cramer and David Faber report on the banking crisis spreading to European firms like Deutsche Bank.

1 day ago - CNBC Television

Banks scrutinize Credit Suisse products, interactions after takeover

Some bankers and traders are grappling with how to interact with Credit Suisse across various markets including debt and foreign exchange, with some increasing their scrutiny when dealing with the Swi...

1 day ago - Reuters

CS Investors Have Opportunity to Lead Credit Suisse Group AG Securities Fraud Lawsuit

BENSALEM, Pa. , March 24, 2023 /PRNewswire/ -- Law Offices of Howard G.

2 days ago - PRNewsWire

Explainer: Why markets are in uproar over a risky bank bond known as AT1

Financial markets have been thrown a fresh curve ball by the decision to write down 16 billion Swiss francs ($17.5 billion) of Credit Suisse bonds, known as Additional Tier 1 or AT1 debt, to zero as p...

2 days ago - Reuters

European bank stocks sink as fear returns

Europe's banking stocks tumbled Friday in a sign that investors are still nervous that the recent crises at some banks could spill over into the wider sector.

Other symbols: DBUBS
2 days ago - CNN Business

‘It may well get worse before it gets better.' Analysts say UBS will face revenue pressure before it can cut Credit Suisse costs.

UBS may be able to cut costs once it buys Credit Suisse, but first it will have to grapple with declining revenue, analysts said in notes expressing caution over the deal.

Other symbols: UBS
2 days ago - Market Watch

CS SHAREHOLDER ALERT: Jakubowitz Law Reminds Credit Suisse Shareholders of a Lead Plaintiff Deadline of May 8, 2023

NEW YORK , March 24, 2023 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Credit Suisse Group AG (NYSE: CS). To receive...

2 days ago - PRNewsWire

UBS Wealth Chief Vows Retention Packages for Credit Suisse Asia Staff

UBS Group AG is trying to prevent an exodus of Credit Suisse Group AG's top talent, particularly in Asia. UBS's wealth boss Iqbal Khan told Credit Suisse staff in the region that retention packages co...

Other symbols: UBS
2 days ago - Bloomberg Markets and Finance

The Swiss claim the U.S. banking crisis ultimately toppled Credit Suisse. But are they right?

Swiss authorities placed a heavy emphasis on the role of U.S. regional banking collapses in pushing Credit Suisse to the brink.

2 days ago - CNBC

UBS offers retention packages to Credit Suisse Asia wealth bankers -sources

UBS promised retention packages to wealth management staff in Asia at Credit Suisse , two people with knowledge of the matter said, as the bank tries to stem a talent exodus after the takeover of its ...

Other symbols: UBS
2 days ago - Reuters

StanChart CEO says Credit Suisse bond wipeout had profound impact

Standard Chartered Chief Executive Bill Winters said on Friday Credit Suisse's $17 billion Additional Tier 1 bonds wipeout had "profound" implications for global bank regulations.

2 days ago - Reuters