Maerki Baumann Bank

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Martin Everson

Offshore Retiree
Staff member
Mentor Group Gold
Elite Member
They are a small and not exactly a hugely profitable bank. Maybe that's why the pivot to crypto. If they can only make 7.7m CHF on 10.2bn CHF of client assets they are desperate in my eyes. That's like a profit margin of 0.00075% on those assets :confused:. How can a bank be so unprofitable?

Maybe crypto is a game changer for them. Let us know how it goes :D.
 

JohnnyDoe

Mentor Group Gold
They are a small and not exactly a hugely profitable bank. Maybe that's why the pivot to crypto. If they can only make 7.7m CHF on 10.2bn CHF of client assets they are desperate in my eyes. That's like a profit margin of 0.00075% on those assets :confused:. How can a bank be so unprofitable?

Maybe crypto is a game changer for them. Let us know how it goes :D.
Being a privately owned company with 90% of the shares owned by two siblings, they can do whatever they want with it, and it is possible that they don’t want to book profits for a variety of reasons. So I wouldn’t consider this an indicator that the bank is desperate.
 

JackAlabama

Entrepreneur
Being a privately owned company with 90% of the shares owned by two siblings, they can do whatever they want with it, and it is possible that they don’t want to book profits for a variety of reasons. So I wouldn’t consider this an indicator that the bank is desperate.
That ownership structure does not sound much confidence instilling.
 

JohnnyDoe

Mentor Group Gold
That ownership structure does not sound much confidence instilling.
They inherited the bank from their parents, it shouldn’t be a negative indicator. Actually, I prefer a bank that is closely held, so that its owners have real skin in the game and the management cannot play games.
 

Martin Everson

Offshore Retiree
Staff member
Mentor Group Gold
Elite Member
Being a privately owned company with 90% of the shares owned by two siblings, they can do whatever they want with it, and it is possible that they don’t want to book profits for a variety of reasons. So I wouldn’t consider this an indicator that the bank is desperate.

Don't want to book profits...lol? Look at their gross income then doh948"". What they are doing is not earning much money sadly and they are not a startup. If as a bank you attract new assets but are unable to make money of it then what you are doing is being desperate just to win business sadly.

I hope crypto works out for them. They said it has attracted new younger clients to the bank
thu&¤#
. Hopefully they can make more margin on crypto.

P.S I think there is only a handful of family owned banks left in Switzerland. I remember two of the family owned Swiss banks I used to use disappeared on me i.e Frey and Hottinger...lol. And Hottinger was around since 1786.
 

JohnnyDoe

Mentor Group Gold
Don't want to book profits...lol?

If I owned a bank I would keep profits low (on paper) and do other things to benefit from operations.

Look at their gross income then doh948"". What they are doing is not earning much money sadly and they are not a startup. If as a bank you attract new assets but are unable to make money of it then what you are doing is being desperate just to win business sadly.
Banking is supposed to be a dull business. We all know where those big profitable banks ended…
I hope crypto works out for them. They said it has attracted new younger clients to the bank
thu&¤#
. Hopefully they can make more margin on crypto.
It’s inevitable for banks to deal with crypto, this shows that they are not lagging behind.
P.S I think there is only a handful of family owned banks left in Switzerland. I remember two of the family owned Swiss banks I used to use disappeared on me i.e Frey and Hottinger...lol. And Hottinger was around since 1786.
I don’t know about those banks.
Last experience I had with a family owned bank was Meinl in Vienna, sad story cry&¤
 

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