Does this latest Credit Suisse news make the stock viable?

caustic

caustic

Vitals Metrics for CS from latest Credit Suisse

Vitals Metrics for CS from latest Credit Suisse news

This stock listed in the United States has shown a material weakness for many years. These Credit Suisse shares have shown strong weakness, as you can see in the returns of the latest rob price move.

rets20=-0.2341103313851205

rets50=-0.07945903080022043

rets200=-0.7353057128078653

aroonup=50.0

aroondown=64.28571428571429

volatity=0.49278259554211334

just alone on these results shows that its financial reporting has been fairly weak. Over the years, numerous identified material weaknesses in this bank led to upper management’s incompetence in executing any formal plan.

It is now up to the Swiss regulator, the central bank known as the SNB, and the Swiss National Bank. They have offered to provide a multi-billion dollar loan to save this weak bank Credit Suisse. Many investors would have shocked themselves by reading the annual report. But unfortunately, it might have been the Saudi National Bank that may have backed out of saving Credit Suisse.

As said, it takes decisive action from the S NP to provide several billion Swiss francs to keep this bag alive. It might have been better to allow a free market of mergers and acquisitions from a private bank to keep it going. Overall, European banking, like Deutsche Bank, seems to make the general market stronger than other global regions. I would have Societe Generale. Have you seen a decent take over Canada as well?

Recent Buy signal on 2-week view

Rating

SymbolDateRatingRating scoreRating recommendationRatingdetailsdcfscoreRatingdetailsdcfrecommendationRatingdetailsroescoreRatingdetailsroerecommendationRatingdetailsroascoreRatingdetailsroarecommendationRatingdetailsdescoreRatingdetailsderecommendationRatingdetailspescoreRatingdetailsperecommendationRatingdetailspbscoreRatingdetailspbrecommendation
CS2023-03-14A-4Buy5Strong Buy3Neutral3Neutral5Strong Buy2Sell3Neutral

ESG Rating

SymbolCikCompany nameIndustryYearEsgriskratingIndustry rank
CS0001159510CREDIT SUISSE GROUP AGSECURITY BROKERS, DEALERS & FLOTATION COMPANIES2021B46 out of 71
CS0001159510CREDIT SUISSE GROUP AGSECURITY BROKERS, DEALERS & FLOTATION COMPANIES2020B33 out of 69
CS0001159510CREDIT SUISSE GROUP AGSECURITY BROKERS, DEALERS & FLOTATION COMPANIES2019B40 out of 69

ESG Sector Benchmark

YearSectorEnvironmental scoreSocial scoreGovernancescoreEsgscore
2022NATURAL GAS TRANSMISSION69.4164.063.2165.54
2022SHIP & BOAT BUILDING & REPAIRING57.462.6266.1662.06
2022CALCULATING & ACCOUNTING MACHINES (NO ELECTRONIC COMPUTERS)71.1868.6368.0569.29
2022SURGICAL & MEDICAL INSTRUMENTS & APPARATUS58.6363.2865.3662.42
2022COOKIES & CRACKERS65.3858.3162.4862.06

ESG Sector Data

SymbolCikCompany nameForm typeAccepted dateDateEnvironmental scoreSocial scoreGovernancescoreEsgscoreUrl
CS0001159510CREDIT SUISSE GROUP AG20-F2022-03-10 12:36:592021-12-3155.8764.0362.4460.78https://www.sec.gov/Archives/edgar/data/1159510/000137036822000019/0001370368-22-000019-index.htm
CS0001159510CREDIT SUISSE GROUP AG20-F2021-03-18 17:17:192020-12-3156.6465.0263.1461.6https://www.sec.gov/Archives/edgar/data/1159510/000137036821000024/0001370368-21-000024-index.htm
CS0001159510CREDIT SUISSE GROUP AG20-F2020-03-30 07:03:312019-12-3154.9164.8863.7161.17https://www.sec.gov/Archives/edgar/data/1159510/000137036820000045/0001370368-20-000045-index.htm
CS0001159510CREDIT SUISSE GROUP AG20-F2019-03-22 07:39:112018-12-3158.1966.4663.8162.82https://www.sec.gov/Archives/edgar/data/1159510/000137036819000020/0001370368-19-000020-index.htm
CS0001159510CREDIT SUISSE GROUP AG20-F2018-03-23 11:57:362017-12-3158.6268.0263.763.45https://www.sec.gov/Archives/edgar/data/1159510/000137036818000015/0001370368-18-000015-index.htm

Upgrade Downgrades Consensus

As one can see, this troubled Swiss lender appears to have no cell recommendations but is overloaded with solid buys and buys. This is what makes this bank a unique opportunity to invest in.

SymbolStrongbuyBuyHoldSellStrong sellConsensus
CS02200Buy

Stock Dividend Calendar

DateLabelAdjdividendSymbolDividendRecord datePayment dateDeclaration date
2020-09-11September 11, 205.913FBGKX5.913NoneNoneNone
2020-09-11September 11, 200.18AME0.182020-09-142020-09-302020-08-06
2020-09-11September 11, 200.438TDJ0.438NoneNoneNone

Profile

SymbolPriceLastdivBetaCompany nameDescriptionCountry
CS2.160.10Credit Suisse Group AGCredit 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 relating to ship, and aviation financing for UHNWI; standard and structured hedging, and lombard lending solutions, as well as collateral trading services; and investment banking solutions, such as global securities sales, trading and execution, capital raising, and advisory services. In addition, the company offers banking solutions, such as payments, accounts, debit and credit cards, and product bundles; asset management products; equity and debt underwriting, and advisory services; cash equities, equity derivatives, and convertibles, as well as prime services; and fixed income products, such as credit, securitized, macro, emerging markets, financing, structured credit, and other products. Further, it provides HOLT, a framework for assessing the performance of approximately 20,000 companies, and equity and fixed-income research services. The company serves private and institutional clients; ultra-high-net-worth individuals, high-net-worth individuals, and affluent and retail clients; corporate clients, small and medium-sized enterprises, external asset managers, financial institutions, and commodity traders; and pension funds, hedge funds, governments, foundations and endowments, corporations, entrepreneurs, private individuals, financial sponsors, and sovereign clients. As of December 31, 2021, it operated through a 311 offices and branches network. The company was founded in 1856 and is based in Zurich, Switzerland.CH

Marketcap

SymbolDateMarketcap
CS2023-03-158513207931

Stock Peers

SymbolPeerslist
CS[‘RKT’, ‘SHG’, ‘MKL’, ‘WRB’, ‘RJF’, ‘SYF’, ‘KEY-PK’, ‘KB’, ‘CFG’, ‘RF’]

Stock News

SymbolPublished DateTitleImageSiteTextUrl
CS2023-03-15 17:28:17Stock Market Off Lows Despite Contagion Fears; Gold Climbs While Crude Oil Plummetshttps://cdn.snapi.dev/images/v1/7/r/bank33-1799121.jpgInvestors Business DailyThe spreading crisis stoked fears of a global financial shock wave, similar to 1997’s “Asian Contagion.” The post-Stock Market Off Lows Despite Contagion Fears; Gold Climbs While Crude Oil Plummets appeared first on Investor’s Business Daily.Source link
CS2023-03-15 17:23:30Stocks moving in extended trading: Credit Suisse, Adobe, Five Belowhttps://cdn.snapi.dev/images/v1/p/9/stocks-moving-in-extended-trading-credit-suisse-adobe-five-below-1799127.jpgYahoo FinanceYahoo Finance anchor Seana Smith reports on some of the most active stocks in after-hours trading.https://www.youtube.com/watch?v=bYHHB1IAhkc
CS2023-03-15 16:54:32Credit Suisse: A Falling Knifehttps://cdn.snapi.dev/images/v1/u/g/bank31-1799068.jpgGuruFocusThe banking sector came into the spotlight last week with the collapse of SVB Financial Group ( SIVB, Financial). Unfortunately, things did not get any better, with Signature Bank ( SBNY, Financial) caving in amid a run on the bank, with customers withdrawing more than $10 billion in deposits last Friday, marking the third-largest bank failure in U.S. history.https://www.gurufocus.com/news/1964497/credit-suisse-a-falling-knife

Grade

SymbolDateGrading CompanyPrevious gradeNewgrange
CS2021-11-05Deutsche BankBuyHold
CS2021-10-19Kepler CheuvreuxHoldBuy
CS2021-07-15Jefferies Hold
CS2021-04-28UBSNeutralBuy
CS2021-04-07Exane BNP ParibasOutperformNeutral

Earning Surprises

DateSymbolActualearningresultEstimated earning
2021-11-04CS0.170.15
2014-02-06CS1.110.5
2013-07-25CS0.550.59
2012-10-25CS0.160.47
2012-07-18CS0.480.58

Analyst Estimates

SymbolDateEstimatedrevenueavgEstimatedebitdaavgEstimatedebitavgEstimatednetincomeavgEstimatedsgaexpenseavgEstimatedepsavgNumberanalystestimatedrevenueNumberanalystsestimatedeps
CS2023-12-313186763319371812716410-691978874027970035772-0.440000000000000061313
CS2022-12-312963746883164027946650-645832083526052081498-0.35499999999999991919
CS2011-12-31563779492352301262602462481112222686319514.3799999999999991212
CS2010-12-31578102152731689951804680998422194279458384.2951515

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