Banque Cantonale Vaudoise: directors' dealings · Switzerland · SIX SER

About Banque Cantonale Vaudoise

Banque Cantonale Vaudoise (BCV), listed on the SIX Swiss Exchange (SMI/SPI) in Switzerland, is one of the country’s leading financial institutions and a benchmark name in the Canton of Vaud. Founded on 19 December 1845 by the Vaud Cantonal Parliament, BCV has a long-standing public-law heritage and a deeply entrenched regional franchise. Its headquarters are in Lausanne. The Canton of Vaud remains the majority shareholder with roughly 67% of share capital, underscoring the bank’s strong public backing and its role as a strategic pillar of the local economy. BCV also emphasizes that its obligations are not covered by a state guarantee, which is relevant for investors assessing the bank’s standalone credit profile and risk discipline. BCV operates as a universal bank with several core business lines: retail banking, private banking, asset management, corporate banking, and real estate/hypothecary financing. The group serves a broad customer base that includes households, SMEs, large corporates, institutional clients, and affluent individuals, with a primary focus on the Swiss domestic market and especially the Canton of Vaud. Its dense branch network, complemented by digital and multichannel capabilities, supports strong local penetration and client retention. Key products and services include mortgage lending, SME and corporate financing, trade finance, cash management, payment services, investment solutions, wealth planning, portfolio management, and online trading through TradeDirect. From a competitive standpoint, BCV holds a robust leadership position in its home market. The bank’s franchise is supported by recurring retail and mortgage activity, strong SME relationships, and a diversified revenue mix across its core businesses. In recent company disclosures, BCV describes itself as the leading bank in Vaud for both individuals and companies and one of Switzerland’s major cantonal banks. Its size, local brand equity, and breadth of offering make it a relevant regional competitor against both cantonal peers and major national banks. BCV’s strategic profile combines traditional banking with selective innovation. The bank has been investing in digital channels and client experience, while also maintaining a prudent focus on profitability in asset management, onshore private banking, SME lending, and large corporates/trade finance. In 2026, BCV joined a consortium of major Swiss banks to launch a CHF stablecoin sandbox, highlighting early engagement with digital money use cases and the broader evolution of Switzerland’s financial infrastructure. On 12 February 2026, BCV reported 2025 net profit of CHF 430 million and later approved an ordinary dividend of CHF 4.40 per share at its 30 April 2026 AGM. For investors, BCV offers a combination of regional defensiveness, franchise stability, and moderate innovation exposure within the Swiss listed banking universe.