(TKBP) Thurgauer Kantonalbank - Ratings and Ratios

Thurgauer Kantonalbank (TKBP) is a Swiss regional bank established in 1871, headquartered in Weinfelden. It specializes in providing comprehensive financial services to private individuals, SMEs, larger corporations, and public institutions. The banks product portfolio includes current and savings accounts, mortgages, loans, insurance solutions, investment products, and wealth management services. Additionally, it offers corporate banking solutions such as cash management, trade finance, and foreign exchange services. TKBP is known for its strong local presence and commitment to serving the Thurgau region, focusing on long-term client relationships and tailored financial solutions. The bank also emphasizes digital banking, offering mobile payment options and online banking platforms to meet modern client needs.

TKBP operates with a strong emphasis on sustainability and community engagement, often supporting local economic initiatives. Its investment services include retirement planning and pension solutions, catering to both individual and corporate clients. The banks mortgage offerings include fixed-rate and adjustable loans, tailored to the Swiss real estate market. Corporate clients benefit from specialized advisory services, including risk management and international trade financing. TKBPs digital banking tools provide real-time account management, secure transactions, and personalized financial insights, ensuring clients can manage their finances efficiently.

3-Month Forecast

From a technical perspective, TKBPs stock is currently in an uptrend, with the 20-day SMA crossing above the 50-day SMA. The stock is trading above its 200-day SMA, indicating long-term bullish momentum. The ATR of 2.19 suggests moderate volatility, which may persist in the coming months. If the stock maintains its current trajectory, it could test resistance levels near 140.00 CHF. Support is likely to hold around the 125.00 CHF mark, given the 200-day SMAs current level.

Fundamentally, TKBPs low P/B ratio of 0.34 indicates that the stock may be undervalued relative to its book value. The P/E ratio of 15.93 is in line with industry averages, suggesting reasonable valuation. The return on equity (RoE) of 11.49% reflects solid profitability. Over the next three months, expect TKBP to maintain its stable financial performance, supported by its strong regional franchise and prudent risk management. The banks focus on digital transformation and customer-centric services is expected to drive further growth in its client base and revenue streams.

Combining both technical and fundamental analysis, TKBP is well-positioned for moderate upside in the next quarter. The stocks valuation metrics and positive momentum suggest a target price range of 135.00 to 140.00 CHF over the next three months. Investors seeking exposure to the Swiss banking sector with a focus on regional stability and growth may find TKBP an attractive option.