Cembra Money Bank AG
SIX:CMBN

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Cembra Money Bank AG Logo
Cembra Money Bank AG
SIX:CMBN
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Price: 99.35 CHF 0.66% Market Closed
Market Cap: 3B CHF

Cembra Money Bank AG
Investor Relations

Nestled in the heart of Switzerland's bustling financial landscape, Cembra Money Bank AG has carved out a formidable presence in the consumer lending sector. Originating from the familiar banking culture of Zurich, Cembra primarily thrives on its knack for providing personal loans, auto leases, and credit cards to a diverse clientele. Essentially, it functions as a pivotal financial artery for many, offering solutions that cater to both individual needs and small business aspirations. The bank's strategic emphasis on convenient and accessible lending plays a vital role in its business model, earning the trust and loyalty of numerous customers who seek reliable, yet flexible financing options.

What truly sets Cembra apart in its income-generating pursuits is its dexterity in balancing traditional banking practices with technological innovations. By leveraging robust risk management frameworks and tailored customer service, the bank efficiently mitigates potential credit risks while enhancing its service offerings. Additionally, its diversified portfolio extends beyond traditional loans, with engagements in insurance and savings products, further broadening its revenue streams. This comprehensive approach, immersive in both prudence and modernity, allows Cembra Money Bank to not only remain competitive in the Swiss market but also to chart a course of sustainable profitability amidst a constantly evolving financial landscape.

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Last Earnings Call
Fiscal Period
Q2 2022
Call Date
Jul 21, 2022
AI Summary
Q2 2022

Strong Growth: Cembra reported net income of CHF 90.6 million for H1 2022, up 15% year-over-year, driven by profitable growth across all business lines.

Revenue Increase: Net revenues rose 6% to CHF 250 million, with strong rebounds in fees and commissions as consumer activity recovered post-COVID restrictions.

Excellent Credit Quality: Loss ratio remained exceptionally low at 0.5%, benefiting from cautious credit risk policies and favorable one-off items.

Cost Efficiency: Operating expenses fell 2%, reducing the cost/income ratio to 48.8% from 52.6% a year ago.

Strategic Progress: Key initiatives, including the successful launch of the Certo! credit card and a new app, are on track; partnerships and buy now pay later (Swissbilling) also showed strong momentum.

Stable Guidance: Management reaffirmed full-year guidance for a stable cost/income ratio and ROE of 13–14%.

Outlook Maintained: Despite some expected cost and revenue headwinds in H2, the company confirmed its targets and ongoing strategic investments.

Key Financials
Net Income
CHF 90.6 million
Net Revenue
CHF 250 million
Loss Ratio
0.5%
Cost/Income Ratio
48.8%
Return on Equity (ROE)
15.3%
Net Financing Receivables
CHF 6.4 billion
Tier 1 Capital Ratio
18.8%
Commission and Fees Income
CHF 72 million
Swissbilling Billing Volume
CHF 191 million
Swissbilling Fee Income
CHF 6.5 million
Deposit Base
CHF 3.4 billion
Funding Portfolio
CHF 5.9 billion
Other Earnings Calls
2022

Management

Mr. Peter Schnellmann
Business Unit Leader of Lending & Member of the Management Board
No Bio Available
Mr. Volker Gloe
Chief Risk Officer & Member of Management Board
No Bio Available
Ms. Alona Eiduka
COO & Member of Management Board
No Bio Available
Mr. Eric Anliker
General Counsel & Member of the Management Board
No Bio Available
Sandra Babylon
CTO & Member of the Management Board
No Bio Available
Christian Stolz
Business Unit Leader of Payments & Member of the Management Board
No Bio Available
Mr. Andreas Schindler
Chief Auditor
No Bio Available
Edina Jung
Senior Legal Counsel & Corporate Secretary
No Bio Available

Contacts

Address
ZUERICH
Zurich
Baendliweg 20
Contacts
+41444398111.0
www.cembra.ch