Banque Cantonale Vaudoise (FRA:B1V1)
€ 68.3 0 (0%) Market Cap: 9.30 Bil Enterprise Value: 4.67 Bil PE Ratio: 16.71 PB Ratio: 2.03 GF Score: 64/100
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Full Year 2023 Banque Cantonale Vaudoise Earnings Call Transcript

Feb 08, 2024 / 01:00PM GMT
Release Date Price: €68.3
Operator

Ladies and gentlemen, welcome to the BCV 2023 Full-Year Results Conference Call and Live Webcast. I'm Andre, your chorus call operator. (Operator Instructions) And the conference is being recorded. (Operator Instructions) 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 Pascal Kiener, CEO. Please go ahead, sir.

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

Thank very much. Good afternoon, everybody. Good morning for those of you calling from the U.S. Let me jump directly on Page 4. So you see the 4 key messages we are trying to communicate this morning to the press, as well as to you, the financial community. So basically, good business activity at BCV in a very resilient economy. Our revenues are up 12%, mostly driven by the normalization of interest rate, if I can speak so. And you see a record financial result being at operating profit level or the net profit of CHF 469

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