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Voting Results of The Annual General Meeting of Compagnie Financière Tradition
Thu 22 May 25, 04:17 PMNotice of the Annual General Meeting of Compagnie Financière Tradition SA
Wed 30 Apr 25, 04:39 PM| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 183.16M | 153.50M | 127.20M | 120.07M | 85.00M |
| Minority interest | -8.51200M | -7.71900M | -6.63600M | -8.30700M | -6.24600M |
| Net income | 134.24M | 115.60M | 94.42M | 89.11M | 65.26M |
| Selling general administrative | 80.80M | 82.05M | 79.09M | 77.46M | 68.88M |
| Selling and marketing expenses | - | - | 634.86M | - | - |
| Gross profit | 1097.95M | 302.95M | 273.13M | 267.39M | 219.47M |
| Reconciled depreciation | 21.18M | 23.34M | 23.13M | 26.57M | 26.70M |
| Ebit | 192.62M | 161.15M | 134.88M | 130.20M | 81.39M |
| Ebitda | 213.82M | 184.49M | 158.01M | 156.77M | 108.09M |
| Depreciation and amortization | 21.19M | 23.34M | 23.13M | 26.57M | 26.70M |
| Non operating income net other | - | - | - | - | - |
| Operating income | 161.57M | 125.38M | 105.49M | 94.23M | 73.20M |
| Other operating expenses | 957.57M | 926.22M | 869.22M | 853.23M | 813.63M |
| Interest expense | 9.47M | 7.65M | 7.68M | 10.19M | 9.61M |
| Tax provision | 40.38M | 30.18M | 26.14M | 22.65M | 13.49M |
| Interest income | 9.21M | 10.81M | 8.61M | 1.43M | 0.47M |
| Net interest income | -0.24500M | 3.10M | 0.94M | -8.78100M | -9.14800M |
| Extraordinary items | - | - | - | - | - |
| Non recurring | - | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | 40.40M | 30.18M | 26.14M | 22.65M | 13.49M |
| Total revenue | 1119.14M | 1051.60M | 974.71M | 947.40M | 873.61M |
| Total operating expenses | 936.38M | 177.57M | 166.71M | 173.22M | 159.49M |
| Cost of revenue | 21.19M | 748.65M | 701.58M | 680.01M | 654.14M |
| Total other income expense net | 21.59M | 28.12M | 21.71M | 25.84M | 11.80M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | 142.69M | 123.32M | 101.06M | 97.42M | 71.51M |
| Net income applicable to common shares | - | - | - | - | 65.26M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 1161.01M | 1298.32M | 983.21M | 1077.28M | 1594.64M |
| Intangible assets | 14.81M | 12.72M | 12.61M | 12.07M | 14.14M |
| Earning assets | - | - | - | - | - |
| Other current assets | 9.28M | 17.73M | 328.42M | 12.38M | 12.64M |
| Total liab | 649.26M | 792.37M | 557.23M | 634.76M | 1164.90M |
| Total stockholder equity | 489.98M | 483.00M | 405.07M | 416.80M | 407.47M |
| Deferred long term liab | - | - | - | - | - |
| Other current liab | -103.63800M | 257.25M | 203.26M | 226.33M | 210.41M |
| Common stock | 20.03M | 20.23M | 19.37M | 19.14M | 19.06M |
| Capital stock | 20.02M | 20.23M | 19.37M | 19.14M | 19.06M |
| Retained earnings | 798.09M | 734.33M | 660.94M | 613.18M | 564.93M |
| Other liab | - | - | - | - | 26.91M |
| Good will | 34.23M | 35.48M | 37.59M | 31.71M | 28.57M |
| Other assets | - | - | -357.01900M | - | 77.53M |
| Cash | 329.19M | 394.54M | 325.04M | 308.27M | 306.18M |
| Cash and equivalents | - | - | - | - | - |
| Total current liabilities | 25.81M | 557.56M | 290.87M | 358.38M | 882.85M |
| Current deferred revenue | - | - | 1.15M | 179.46M | 161.51M |
| Net debt | -72.20960M | -44.24000M | -68.78700M | -27.12400M | 75.91M |
| Short term debt | 25.81M | 142.59M | 27.75M | 25.59M | 126.95M |
| Short long term debt | 13.53M | 128.25M | 0.42M | 9.85M | 112.11M |
| Short long term debt total | 256.98M | 350.30M | 256.25M | 281.14M | 382.09M |
| Other stockholder equity | -9.24643M | -4.21500M | 12.57M | -215.51000M | -176.51700M |
| Property plant equipment | - | - | - | - | 69.62M |
| Total current assets | 813.12M | 988.24M | 682.06M | 739.36M | 1248.89M |
| Long term investments | - | - | - | - | - |
| Net tangible assets | - | - | - | - | 364.76M |
| Short term investments | 29.44M | 98.58M | 28.60M | 25.85M | 84.82M |
| Net receivables | 445.21M | 477.39M | 324.83M | 294.57M | 844.85M |
| Long term debt | 179.57M | 179.43M | 209.55M | 209.38M | 209.20M |
| Inventory | - | - | - | - | - |
| Accounts payable | 103.64M | 147.44M | 46.56M | 106.46M | 545.49M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | - | - | - | - |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | -318.89581M | -267.34300M | -287.81000M | - | - |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | - | - | - | - | - |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | - | - | - | - | - |
| Treasury stock | - | - | - | - | - |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | 47.90M | 139.16M | 419.76M | 136.76M | 261.01M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 347.88M | 310.07M | 658.17M | 337.91M | 345.75M |
| Capital lease obligations | 63.76M | 42.63M | 46.28M | 61.92M | 60.78M |
| Long term debt total | - | - | - | - | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | 65.33M | -59.49800M | 8.44M | 62.07M | -69.20000M |
| Change to liabilities | - | - | - | - | 0.00000M |
| Total cashflows from investing activities | 44.77M | -59.49800M | 8.44M | - | -65.95500M |
| Net borrowings | -115.30500M | 96.91M | -8.00000M | - | 53.65M |
| Total cash from financing activities | -216.19560M | 7.32M | -79.90000M | -177.70000M | 10.31M |
| Change to operating activities | - | - | - | - | -23.67000M |
| Net income | 134.24M | 153.50M | 94.42M | 120.07M | 85.00M |
| Change in cash | -15.36918M | 68.92M | 18.20M | 2.42M | 8.63M |
| Begin period cash flow | 344.56M | 324.62M | 306.42M | 303.99M | 295.37M |
| End period cash flow | 329.19M | 393.54M | 324.62M | 306.42M | 303.99M |
| Total cash from operating activities | 135.45M | 107.79M | 120.64M | 135.73M | 64.17M |
| Issuance of capital stock | 0.37M | 1.05M | 0.62M | 0.46M | 0.50M |
| Depreciation | 21.19M | 23.34M | 23.13M | 26.57M | 26.70M |
| Other cashflows from investing activities | -0.60029M | 13.49M | 18.45M | - | 9.71M |
| Dividends paid | 51.83M | 46.27M | 40.68M | -37.78000M | -37.11000M |
| Change to inventory | - | - | - | - | - |
| Change to account receivables | - | - | - | - | - |
| Sale purchase of stock | -26.95792M | -22.07800M | -12.05800M | -18.16800M | -4.09200M |
| Other cashflows from financing activities | -22.42074M | -22.29300M | -12.62200M | -24.42200M | 132.02M |
| Change to netincome | - | - | - | - | -4.13200M |
| Capital expenditures | 13.66M | 7.57M | 6.63M | 5.79M | 6.52M |
| Change receivables | - | - | - | - | - |
| Cash flows other operating | - | - | - | - | - |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | - | - | - | - | - |
| Change in working capital | -36.25237M | -18.62700M | 15.01M | 33.29M | 1.95M |
| Stock based compensation | 2.04M | 1.76M | 4.73M | 1.12M | 1.01M |
| Other non cash items | 16.27M | -52.18400M | -16.65100M | -45.32100M | -50.50200M |
| Free cash flow | 121.79M | 100.23M | 114.00M | 129.94M | 57.64M |
Sector: Financial Services Industry: Capital Markets
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| CFNCF Compagnie Financière Tradition SA |
- -% | 360.25 | 17.70 | 9.77 | 2.52 | 4.72 | 1.81 | 9.98 |
| GS Goldman Sachs Group Inc |
9.81 0.89% | 1106.37 | 17.21 | 16.00 | 4.47 | 2.26 | 11.15 | |
| MS Morgan Stanley |
3.92 1.76% | 227.09 | 16.50 | 13.76 | 2.80 | 1.65 | ||
| SCHW Charles Schwab Corp |
0.33 0.36% | 92.03 | 22.86 | 17.39 | 6.14 | 4.28 | ||
| CIIHF CITIC Securities Company Limited |
- -% | 3.50 | 12.33 | 7.94 | 0.69 | 1.13 | 7.69 |
Compagnie Financière Tradition SA operates as an interdealer broker of financial and non-financial products worldwide. The company provides capital market products, including basis swaps, credit and currency derivatives, inflation products, Latin American derivatives, non-deliverable swaps, overnight index swaps, short dates, and Turkish fixed income and money market, as well as interest rate derivatives, options, and swaps. It offers energy and commodity products, such as coal, electricity, environmental products, natural gas, oil, precious metals, property derivatives, pulp and paper, refined products, soft commodities, tradition energy, weather, LNG, petroleum and LPG, and renewable energy credits. In addition, the company provides equities comprising cash and preferred equities, equity derivatives, ETFs, institutional cash equities, single-stock options, delta-one products, exotics, post-reorg equities, index variance and equity finance swaps, and dividend swaps; and fixed income products consisting of asset swaps credit, floating rate notes, futures and options, mortgages, repurchase agreements, and securities, as well as corporate, covered, and government bonds. Further, it offers foreign exchange (FX) products, such as emerging markets, FX listed futures and options, FX options, ParFX, spot and forward FX, and FX exotics; market data products; and money market products, including arbitrage, cash fund management, commercial paper, deposits and certificates of deposits, forward rate agreements, bank bills, federal funds, and short dates. Additionally, the company provides private equity secondaries, hedge fund secondaries, real estate secondaries, non-traditional secondaries, structured products, and GCC fixed income. The company was incorporated in 1959 and is based in Lausanne, Switzerland. Compagnie Financière Tradition SA is a subsidiary of FinanciÈRe Vermeer N.V.
11, rue de Langallerie, Lausanne, Switzerland, 1003
| Name | Title | Year Born |
|---|---|---|
| Mr. Patrick Combes | Chairman of Board, Chairman of Exec. Board & CEO | 1953 |
| Mr. Michael Saul Leibowitz J.D. | COO of Americas & EMEA and Member of Exec. Board | 1966 |
| Mr. Francois Brisebois | Group CFO & Member of Exec. Board | 1974 |
| Ms. Dominique Velter | Director of Strategic Marketing & Member of Exec. Board | 1965 |
| Mr. Adrian Bell | COO of Asia & Pacific and Member of Exec. Board | 1961 |
| Mr. Larry Rosenshein | COO of Tradition Americas & Member of Exec. Board | 1962 |
| Mr. Michael Anderson | CEO of Tradition London Group & Affiliated Offices in EMEA and Member of Exec. Board | NA |
| Mr. Yann L'huillier | Group Chief Information Officer | NA |
| Mr. William Wostyn | Group Chief Legal Officer & Sec. | 1974 |
| Mr. Patrick Combes | Chairman of Board, President, Chairman of Executive Board & CEO | 1953 |
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