The Swiss regulator FINMA has closed its enforcement case against Julius Baer over the private debt loans and money-laundering failures. The bank has asked for approval of a share buyback, but all shareholder payments will need advanced approval by FINMA.
Julius Baer is the largest publicly listed pure-play private bank. Its growth prospects and profitability are not diluted by other slow-growing, unprofitable, or more risky business units. Most other listed private banks' shares suffer from low liquidity and are much smaller.
Wealth management is becoming a crowded space with multiple new entrants that are putting pressure on margins.
|
Metric
|
BAER
|
DWS
|
UBS
|
|---|---|---|---|
Price/Earnings (Normalized) | 11.72 | 12.79 | 14.48 |
Price/Book Value | 1.99 | 1.81 | 1.63 |
Price/Sales | 3.30 | 2.65 | 3.02 |
Price/Cash Flow | 9.14 | 15.77 | 5.80 |
|
Metric
|
BAER
|
DWS
|
UBS
|
|---|---|---|---|
Quick Ratio | — | 0.52 | — |
Current Ratio | — | 0.52 | — |
Interest Coverage | — | — | — |
|
Metric
|
BAER
|
DWS
|
UBS
|
|---|---|---|---|
Return on Assets (Normalized) | 1.04% | 7.05% | 0.70% |
Return on Equity (Normalized) | 16.06% | 11.24% | 12.93% |
Return on Invested Capital (Normalized) | — | 10.96% | — |
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1-Day Chart
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Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
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United States