Banque Cantonale Vaudoise (XSWX:BCVN)
CHF 93.85 0.35 (0.37%) Market Cap: 8.06 Bil Enterprise Value: 3.24 Bil PE Ratio: 17.18 PB Ratio: 2.09 GF Score: 69/100

Full Year 2021 Banque Cantonale Vaudoise Earnings Call Transcript

Feb 17, 2022 / 02:00PM GMT
Release Date Price: CHF79.1 (+2.46%)
Operator

Ladies and gentlemen, welcome to the BCV Full Year 2021 Results Conference Call and Live Webcast. I'm Sasha, the Chorus Call operator. (Operator Instructions) The conference must not be recorded for publication or broadcast. For the call today, the speakers will refer to the slides, which are available for viewing on the IR section on the BCV website since this morning.

At this time, it's my pleasure to hand over to Mr. Pascal Kiener, CEO of BCV. Please go ahead.

Pascal Kiener
Banque Cantonale Vaudoise - CEO & Member of Management Board

Thank you very much. Good afternoon. Let me jump directly to Page 4. I think those are the key messages in the excellent results. So the first point is also to show that we did a good job but we were helped by the economic environment. It was very good as well as the financial market. As you know, we are very good in 2021. So that helped us. Also many banks, if you look at the result, we are not the only one posting very good results.

The revenue is up, net profit is up 14% to a record level. Let me just

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