Credit Suisse Group AG (CS)
| 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]
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 StatementsAnalyst 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.
News
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...
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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...
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.
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.
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...
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.
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...
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
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 ...
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...
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.
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.
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.
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...
CS Investors Have Opportunity to Lead Credit Suisse Group AG Securities Fraud Lawsuit
BENSALEM, Pa. , March 24, 2023 /PRNewswire/ -- Law Offices of Howard G.
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...
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.
‘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.
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...
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...
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.
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 ...
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.