CS - Credit Suisse Group AG

NYSE - NYSE Delayed Price. Currency in USD
16.97
+0.68 (+4.17%)
At close: 4:02PM EDT

17.24 +0.26 (1.56%)
Pre-Market: 8:10AM EDT

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Previous Close16.29
Open17.15
Bid17.22 x 9000
Ask17.25 x 10500
Day's Range16.92 - 17.15
52 Week Range13.28 - 19.98
Volume3,656,147
Avg. Volume3,029,045
Market Cap43.534B
Beta1.42
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.70 (4.30%)
Ex-Dividend Date2017-05-08
1y Target EstN/A
Trade prices are not sourced from all markets
  • O'Sullivan, Kettner on What the ECB Meeting May Mean for Investors
    Bloomberg Video3 hours ago

    O'Sullivan, Kettner on What the ECB Meeting May Mean for Investors

    Apr.26 -- Michael O'Sullivan, chief investment officer for Europe, Middle East and Africa at Credit Suisse, and Max Kettner, cross asset strategist at Commerzbank, discuss European Central Bank monetary policy and EU economic data. They speak with Francine Lacqua on "Bloomberg Surveillance."

  • Facebook Prepares for Earnings and 4 Other Stories You Must Know Wednesday
    TheStreetyesterday

    Facebook Prepares for Earnings and 4 Other Stories You Must Know Wednesday

    Here's everything you must know before Wednesday's opening bell :  Shire said it was willing to recommend a revised $64 billion offer from Takeda Pharmaceutical .  Credit Suisse posted its strongest quarterly earnings in three years as new cash poured into its wealth management division.  Texas Instruments' first quarter profit jumped 37%. Investors will analyze earnings from Facebook , Qualcomm and more.   U.S. stock futures pointed toward further losses and global stocks slumped.  Subscribe to our Youtube Channel for extended interviews, Cramer Replays, feature content, and more!

  • The Wall Street Journal8 hours ago

    [$$] Credit Suisse Starts Last Year of Revamp With Rise in Profit

    Credit Suisse Group AG on Wednesday posted a strong rise in first-quarter net profit, beating expectations and bolstering evidence that the Swiss lender’s yearslong restructuring has put it back on track to growth. Net profit grew 16% to 694 million Swiss francs ($709.1 million) as revenue rose 1.8% to 5.64 billion francs. Analysts had expected Credit Suisse to report net profit of 653 million francs on revenue of 5.49 billion francs.

  • Thomson Reuters StreetEvents15 hours ago

    Edited Transcript of CSGN.VX earnings conference call or presentation 25-Apr-18 6:15am GMT

    Q1 2018 Credit Suisse Group AG Earnings Call

  • European shares fall as bond yields rise, metals prices slide
    Reuters20 hours ago

    European shares fall as bond yields rise, metals prices slide

    Worries over rising bond yields and falling metals prices trumped well-received earnings updates from Kering and Credit Suisse on Wednesday, sending European shares to a one-week low. Concern remained over higher bond yields after the yield on the U.S. 10-year Treasury breached 3 percent level on Tuesday, making equities relatively less attractive. Caterpillar's results drove European industrials, after the company said it would steel tariffs would make it harder to pass on higher raw-material costs.

  • MarketWatch20 hours ago

    DAX drops 1% after lift in bond yields spooks Wall Street

    Credit Suisse shares rally after earningsVCG via Customers wait outside Gucci Store in Shanghai. Investors shoved European stocks lower Wednesday in the wake of a selloff on Wall Street where equities were spooked by rising bond yields and mixed earnings reports. Germany’s DAX 30 index (^GDAXI) was the worst performing among the major national indexes.

  • Associated Press23 hours ago

    Credit Suisse: 1Q Earnings Snapshot

    The Zurich-based bank said it had earnings of 27 cents per share. Earnings, adjusted for restructuring costs, were 31 cents per share. The bank posted revenue of $8.97 billion in the period. Its adjusted ...

  • The Wall Street Journalyesterday

    [$$] Credit Suisse Finds Right Formula for Fickle Markets

    Credit Suisse has spent the past couple of years focusing on what it could control and worrying less about what it couldn’t: that approach is bearing fruit.

  • Reutersyesterday

    Credit Suisse fully compliant on sanctions: CEO

    Swiss bank Credit Suisse complies with sanctions regimes wherever it does business, Chief Executive Tidjane Thiam said after two U.S. senators demanded big banks disclose any links to rich Russians. Swiss banks practically never comment on individual clients given confidentiality laws that helped make Switzerland the world's biggest center for managing offshore wealth. The neutral country has now begun to exchange information on bank clients with foreign tax authorities.

  • Reutersyesterday

    Credit Suisse fully compliant on sanctions - CEO

    Swiss bank Credit Suisse complies with sanctions regimes wherever it does business, Chief Executive Tidjane Thiam said after two U.S. senators demanded big banks disclose any links to rich Russians. Swiss banks practically never comment on individual clients given confidentiality laws that helped make Switzerland the world's biggest centre for managing offshore wealth. The neutral country has now begun to exchange information on bank clients with foreign tax authorities.

  • Credit Suisse CEO Thiam on Earnings, New Asset Growth
    Bloombergyesterday

    Credit Suisse CEO Thiam on Earnings, New Asset Growth

    Credit Suisse Group AG Chief Executive Officer Tidjane Thiam discusses the lender's first-quarter earnings which beat estimates, with net new money coming in at 14.4 billion francs ($14.7 billion) -- the ...

  • Bloombergyesterday

    Credit Suisse Counts on Stock Traders to Make $6 Billion Goal

    The pressure is on for Credit Suisse Group AG’s traders, especially those dealing in stocks.

  • Credit Suisse Benefits From Complex Deals Boosting Stock Trading
    Bloombergyesterday

    Credit Suisse Benefits From Complex Deals Boosting Stock Trading

    Credit Suisse Group AG, the Swiss lender trying to rebuild its stock-trading business, is benefiting from large, complex derivatives deals -- one-off trades that can lose banks money when bets backfire. Switzerland’s second-largest lender struck "landmark" deals in the first quarter that offset declines in more straightforward equity trading businesses, the company said on Wednesday. “You have to really design very customized bespoke products” for clients who want both “some downside protection and also some upside,” Chief Executive Officer Tidjane Thiam said on Bloomberg TV.

  • Credit Suisse delivers best quarter since Thiam's revamp
    Reutersyesterday

    Credit Suisse delivers best quarter since Thiam's revamp

    Credit Suisse delivered its best quarterly results on Wednesday since Chief Executive Tidjane Thiam launched his restructuring plan for Switzerland's second-biggest bank in 2016, driven by its wealth management business. After 6.6 billion Swiss francs ($6.7 billion) of losses in 2015 and 2016, and a big tax writedown that wiped out gains last year, Credit Suisse posted 694 million francs in first-quarter net income, beating expectations. The results showed the bank gaining from Thiam's three-year plan to focus on wealth management over investment banking and settle legal cases.

  • Credit Suisse delivers best quarter since Thiam's revamp
    Reutersyesterday

    Credit Suisse delivers best quarter since Thiam's revamp

    Credit Suisse (CSGN.S) delivered its best quarterly results on Wednesday since Chief Executive Tidjane Thiam launched his restructuring plan for Switzerland's second-biggest bank in 2016, driven by its wealth management business. After 6.6 billion Swiss francs (4.8 billion pounds) of losses in 2015 and 2016, and a big tax writedown that wiped out gains last year, Credit Suisse posted 694 million francs in first-quarter net income, beating expectations. The results showed the bank gaining from Thiam's three-year plan to focus on wealth management over investment banking and settle legal cases.

  • Reutersyesterday

    Credit Suisse delivers best quarter since Thiam's revamp

    Credit Suisse delivered its best quarterly results on Wednesday since Chief Executive Tidjane Thiam launched his restructuring plan for Switzerland's second-biggest bank in 2016, driven by its wealth management business. After 6.6 billion Swiss francs ($6.7 billion) of losses in 2015 and 2016, and a big tax writedown that wiped out gains last year, Credit Suisse posted 694 million francs in first-quarter net income, beating expectations. The results showed the bank gaining from Thiam's three-year plan to focus on wealth management over investment banking and settle legal cases.

  • TheStreet.comyesterday

    Credit Suisse Surges After Strong Q1, Record Wealth Management Inflows

    Credit Suisse had its best quarter in three years, cementing the case for CEO Tidjane Thiam's turnaround plans and possibly muting calls from activist shareholders to break up the Swiss investment bank....

  • Financial Timesyesterday

    [$$] Credit Suisse pledges ‘year of acceleration’ as profits leap 57%

    promised a “year of acceleration” after reporting a 57 per cent rise in pre-tax profits for the first quarter as its Swiss and Asia-Pacific divisions delivered strong performances. Credit Suisse’s share price was up more than 4 per cent at SFr16.87 by lunch time in Swiss trading — but it remained below January’s peak.

  • Credit Suisse Sues to Recoup Part of $4.8 Billion Bank Bonus Tax
    Bloombergyesterday

    Credit Suisse Sues to Recoup Part of $4.8 Billion Bank Bonus Tax

    Credit Suisse Group AG is seeking to reclaim hundreds of millions in taxes from a controversial U.K. bonus levy that hit banker compensation in 2010.

  • Bloombergyesterday

    Credit Suisse Lands a Heavy Blow On a Swiss Hedge Fund

    Credit Suisse AG's first-quarter results have given CEO Tidjane Thiam ammunition against activists calling for more radical surgery. Despite a fairly weak quarter for the investment bank, the CEO's focus on wealth management while cutting costs and dumping unwanted assets is paying off. The shares rose 4 percent in response. Credit Suisse's bid to follow in the footsteps of arch-rival UBS Group AG by shrinking its trading arm and going big on wealth hasn't exactly been smooth sailing of late.

  • Financial Timesyesterday

    [$$] Credit Suisse posts stronger than expected Q1 profits

    Credit Suisse posted a stronger-than-expected 57 per cent rise to SFr1.1bn in reported pre-tax income in the first quarter of 2018, which Tidjane Thiam, chief executive, said would be the Swiss bank’s “third and final year” of restructuring. Mr Thiam, who took over as Credit Suisse’s boss in 2015, has shifted the bank towards managing the wealth of the world’s richest, and streamlined its investment banking and trading activities. Adjusted pre-tax income rose by 36 per cent compared with a year earlier to SFr 1.2bn.

  • Bloombergyesterday

    Thiam's Wealth Drive Accelerates as Credit Suisse's Assets Soar

    Tidjane Thiam’s push into wealth management is accelerating with the fastest addition of net new assets in seven years. Credit Suisse Group AG’s new assets at its combined wealth-management businesses were 14.4 billion francs, above analyst estimates. Profit at the key International Wealth Management division rose 66 percent to 484 million francs, beating expectations.

  • Credit Suisse Reaps Wealth Management Rewards as Assets Soar
    Bloombergyesterday

    Credit Suisse Reaps Wealth Management Rewards as Assets Soar

    Tidjane Thiam is reaping the rewards of Credit Suisse Group AG’s pivot to wealth management after the bank attracted new assets at the fastest pace in seven years. Net new assets at the combined wealth management businesses were 14.4 billion francs ($14.7 billion) in the first quarter, beating analyst estimates, with key contributions from the Asia-Pacific and international wealth management divisions.

  • Financial Timesyesterday

    [$$] Credit Suisse: rich pickings

    The rich are getting richer. Global wealth is up $60tn since the onset of the financial crisis. Credit Suisse wants a larger share of that under management. This strategy — described by boss Tidjane Thiam ...

  • The Zacks Analyst Blog Highlights: Amazon.com, Credit Suisse and Berkshire Hathaway
    Zacks2 days ago

    The Zacks Analyst Blog Highlights: Amazon.com, Credit Suisse and Berkshire Hathaway

    The Zacks Analyst Blog Highlights: Amazon.com, Credit Suisse and Berkshire Hathaway