Report
Johann Scholtz
EUR 100.00 For Business Accounts Only

New CSGN Company Report

Credit Suisse reported net profit of CHF 749 billion for the first quarter of 2019, which is 8% higher than the first quarter of 2018 and 11% higher than consensus expectations for the first quarter. The increase was, however, solely the result of a lower tax rate--pretax profits of CHF 1.1 billion was stable compared with the first quarter of 2018. We are looking for a full-year increase of 39% in pretax profits, which may look a bit rich considering the flat first quarter. We do, however, high...
Underlying
Credit Suisse Group ADS

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Johann Scholtz

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