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Credit Suisse Group AG (CS)

NYSE: CS · IEX Real-Time Price · USD
10.55
-0.02 (-0.19%)
After-hours:Oct 15, 2021 7:44 PM EDT
10.57
0.14 (1.34%)
At close: Oct 15, 4:00 PM
Market Cap25.49B
Revenue (ttm)25.44B
Net Income (ttm)3.03B
Shares Out2.41B
EPS (ttm)0.09
PE Ratio122.91
Forward PE7.02
Dividend$0.08 (0.73%)
Ex-Dividend DateDec 3, 2020
Volume3,491,277
Open10.56
Previous Close10.43
Day's Range10.53 - 10.63
52-Week Range9.18 - 14.87
Beta1.58
AnalystsBuy
Price Target15.69 (+48.5%)
Est. Earnings DateNov 4, 2021

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 private banking and wealth management solutions, including advisory, investment, financial planning, succession planning, and trust services; and financing and lending, and multi-shore platform solutions. It also provides traditional and structured lending, payment, foreign exchange, capital goods leasing, merger and acquisition, syndication, structured fi...

IndustryCapital Markets
Founded1856
CEOThomas Gottstein
Employees49,240
Stock ExchangeNYSE
Ticker SymbolCS
Full Company Profile

Financial Performance

In 2020, CS's revenue was 22.39 billion, a decrease of -0.42% compared to the previous year's 22.48 billion. Earnings were 2.67 billion, a decrease of -21.94%.

Financial numbers in millions CHFFinancial Statements

Analyst Forecast

According to 2 analysts, the average rating for CS stock is "Buy." The 12-month stock price forecast is 15.69, which is an increase of 48.46% from the latest price.

Price Target
$15.69
(48.46% upside)
Analyst Consensus: Buy

News

Credit Suisse waives fees for clients hit by Greensill funds collapse

Crisis-ridden Credit Suisse is going on the offensive under new Chairman Antonio Horta-Osorio by providing free services for investors in collapsed supply chain finance funds linked to Greensill, a pers...

3 days ago - Reuters

GlobalFoundries Files for Capital Raise Amid Chip Boom

GlobalFoundries looks set to join the 2021 capital-raising boom, filing for an IPO amid a pandemic-driven global chip shortage.

3 days ago - Investopedia

Credit Suisse looks to recoup supply chain finance fund recovery costs

Credit Suisse is looking to recoup the external costs it is incurring to recover money for investors in its insolvent supply chain finance funds linked to Greensill, the Swiss bank said on Thursday.

1 week ago - Reuters

Credit Suisse strategy unveil on track after "relentless" work - chairman

ZURICH (Reuters) -Credit Suisse remains on track to lay out its strategic overhaul this year after "working relentlessly to solve the issues that have been holding us back", Chairman Antonio Horta-Osori...

2 weeks ago - Reuters

Scandal-hit Credit Suisse names new interim heads of internal audit - memo

ZURICH (Reuters) -Credit Suisse has appointed company veterans Nitesh Patel and Roger Senteler as interim co-heads of group internal audit, Switzerland's second-biggest bank told employees as it tries t...

2 weeks ago - Reuters

Investors set to get another $400 million from Credit Suisse supply chain funds

Credit Suisse is set to pay back another $400 million this week to investors in insolvent supply chain finance funds linked to Greensill, the Swiss bank said on Monday.

2 weeks ago - Reuters

Credit Suisse extends time-off benefits for Swiss staff

Credit Suisse will extend time off for childcare and holidays and will let senior managers take sabbaticals under new rules for Swiss staff to take effect next year, Switzerland's second-biggest bank sa...

2 weeks ago - Reuters

Credit Suisse board backs CEO, chairman tells SonntagsBlick

Credit Suisse's board of directors is convinced Chief Executive Thomas Gottstein is the right person to strategically realign the bank by curbing risk appetite, the Swiss bank's chairman said in a newsp...

2 weeks ago - Reuters

UK Value: Lloyds Banking - Picking Up the Baton

One of the gurus I most like to follow is David Herro (Trades, Portfolio). Whenever he talks to the media, I find his words insightful.

Other symbols:BCSLYG
4 weeks ago - GuruFocus

5 Chinese Stocks Broadly Sold by Gurus in Past Quarter

According to the Aggregated Portfolio of Gurus, a Premium feature, five China-based stocks broadly sold by gurus over the past three months include Baidu Inc. ( BIDU , Financial), New Oriental Education...

Other symbols:BABABIDUEDUJDTALVIPS
1 month ago - GuruFocus

Credit Suisse preparing further insurance claims for Greensill-linked funds

A first insurance claim has been filed and more are being prepared in Credit Suisse's efforts to recover funds from its insolvent supply chain finance linked to Greensill, the Swiss bank said on Tuesday.

1 month ago - Reuters

This Healthcare Benefits Company Is About to Shake the Ground With Its New Footprint

A proprietary, technology-based platform is attracting consumers and providers.

Other symbols:BHGCLOVCOWNGSOSCRUNH
1 month ago - The Motley Fool

UBS and Credit Suisse have opposing views on gold

(Kitco News) - According to data collected by Goldreporter, Credit Suisse sold off around 37 percent of its holdings in SPDR Gold Shares ETF, the is the world's largest gold exchange-traded fund. This h...

Other symbols:UBS
1 month ago - Kitco

HSBC Agrees to Buy AXA Singapore Insurance Assets for $575M

HSBC agrees to acquire AXA Singapore insurance assets for $575 million as part of its efforts to expand its wealth business in Asia.

Other symbols:BACHSBCUBS
1 month ago - Zacks Investment Research

Credit Suisse Considers Adding Risk Experts to Board

Swiss bank Credit Suisse said on Friday (Aug. 13) it wants to add two risk experts to its non-executive board in the wake of a pair of recent scandals.  Credit Suisse lost $5.5 billion as it tried to un...

2 months ago - PYMNTS

Credit Suisse proposes adding two risk experts to its board

Credit Suisse wants to appoint two risk experts to its non-executive board, Switzerland's second biggest bank said on Friday, as it seeks to repair the damage caused by the Archegos and Greensill affairs.

2 months ago - Reuters

Credit Suisse's Refunds To Greensill Investors Now Total $5.9B

Credit Suisee has has paid $400 million more to investors affected by the Greensill-linked fund mess, bringing the total to nearly $6 billion, Reuters reported. Greensill Capital provided supply chain f...

2 months ago - PYMNTS

Credit Suisse to repay another $400 million to Greensill-linked fund investors

Credit Suisse will repay another $400 million to investors in its Greensill-linked supply chain finance funds, the Swiss bank said on Friday.

2 months ago - Reuters

Credit Suisse chairman doubles down with $1 million stock purchase

Credit Suisse Chairman Antonio Horta-Osorio has bought another 1 million Swiss francs ($1.1 million) worth of shares in the group as he tries to restore order to Switzerland's second-biggest bank.

2 months ago - Reuters

Hear no evil, see no evil: How Credit Suisse ignored Archegos warnings

Weeks before Archegos collapsed, Credit Suisse received what would turn out to be one of its final warnings from a junior analyst about the hedge fund's impending disaster. Just as with earlier red flag...

2 months ago - Reuters

Credit Suisse CEO expects wrap-up of FINMA 'Spygate' query, Archegos just warming up

Credit Suisse expects Swiss watchdog FINMA's proceedings over the bank's 2019 spying scandal to wrap up soon, Chief Executive Thomas Gottstein said on Thursday, while its discussions with the supervisor...

2 months ago - Reuters

Accident like Archegos must not happen again, Credit Suisse CEO says

Credit Suisse CEO Thomas Gottstein discusses the lender's independent investigation into Archegos and how the bank is retaining staff following the scandal. He speaks with CNBC's Geoff Cutmore.

2 months ago - CNBC International TV

Credit Suisse CEO: Achieved second-quarter goals despite Archegos challenges

Credit Suisse CEO Thomas Gottstein discusses the Swiss lender's second-quarter earnings and the fallout from the Archegos scandal. He speaks with CNBC's Geoff Cutmore.

2 months ago - CNBC International TV

Credit Suisse posts 78% second-quarter net profit decline

Credit Suisse on Thursday posted a 78% fall in second-quarter net profit, as a steep drop in its investment banking revenues sharpened the blow from recent Archegos and Greensill scandals.

2 months ago - Reuters

Credit Suisse Stock To Miss The Earnings Consensus In Q2, Revenues To Beat Expectations

It was unable to capitalize on it and reported negative net income due to the impact of the Archegos Capital crisis – the hedge fund collapsed after having borrowed extensively from several banks to fin...

2 months ago - Forbes