Bâloise Holding AG (BLHEY)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Bâloise Holding AG (BLHEY) trades at $23.50. Bâloise Holding AG is a diversified insurance and banking group based in Switzerland, with operations spanning across Europe. Market cap: $1.07B, Sector: Financial services.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for BLHEY: BLHEY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates BLHEY against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
BLHEY: 1/1 perspectives are bearish.
How is this calculated? →Bâloise Holding AG (BLHEY) Financial Services Profile
Bâloise Holding AG is a diversified European financial services provider specializing in insurance and banking, offering non-life and life insurance, asset management, and banking solutions to individuals and SMEs, primarily operating in Switzerland, Germany, Belgium, and Luxembourg, with a current dividend yield of 4.09%.
What Is the Investment Thesis for BLHEY?
Bâloise Holding AG presents a mixed investment thesis. The company's diversified business model across insurance and banking provides stability, evidenced by a beta of 0.45. A dividend yield of 4.09% offers an income stream for investors. However, a relatively high P/E ratio of 20.39 compared to peers suggests a premium valuation. Growth catalysts include expansion of digital insurance offerings and strategic partnerships. Potential risks include regulatory changes in the financial services sector and economic downturns affecting insurance demand. The company's ability to maintain profitability (5.3% profit margin) and adapt to evolving market conditions will be crucial for long-term value creation.
Based on FMP financials and quantitative analysis
BLHEY Key Highlights
- Market capitalization of $1.07B reflects the company's current valuation in the market.
- A P/E ratio of 20.39 indicates the price investors are willing to pay for each dollar of earnings.
- Profit margin of 5.3% demonstrates the company's ability to generate profit from its revenue.
- Gross margin of 31.6% shows the profitability of the company's core business activities before operating expenses.
- Dividend yield of 4.09% provides a return to investors through dividend payments.
Who Are BLHEY's Competitors?
BLHEY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AEGOF Aegon N.V. | $8.39 | +0.00% | $12.62B | 66 |
| AGESF ageas SA/NV | $75.19 | +0.00% | $15.47B | 47 |
| AGESY ageas SA/NV | $80.84 | +0.29% | $16.63B | 64 |
| BBSEY BB Seguridade Participações S.A. | $7.56 | +1.92% | $14.68B | 50 |
| HELNF Helvetia Holding AG | $253.55 | +0.00% | $13.41B | 59 |
| TLLXY Talanx AG | $60.33 | +0.00% | $31.16B | 64 |
| XZO Exzeo Group, Inc. | $18.71 | +0.11% | $1.70B | 64 |
| AIVAF Aviva plc | $8.45 | +0.00% | $25.28B | 64 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are BLHEY's Key Strengths?
- Diversified business model across insurance, banking, and asset management.
- Strong presence in key European markets.
- Established brand reputation and long operating history.
- Healthy dividend yield of 4.09%.
What Are BLHEY's Weaknesses?
- Relatively high P/E ratio compared to peers.
- Profit margin could be improved.
- Limited geographic diversification outside of Europe.
- Dependence on traditional insurance products.
What Could Drive BLHEY Stock Higher?
- Digital transformation initiatives aimed at improving customer experience and operational efficiency.
- Potential strategic partnerships or acquisitions to expand product portfolio and geographic reach.
- Development and launch of innovative insurance products catering to emerging risks.
- Efforts to strengthen asset management capabilities and attract new clients.
- Regulatory changes in the financial services sector that could create new opportunities.
What Are the Key Risks for BLHEY?
- Financial-distress signal — its Altman Z-Score of 0.29 sits in the distress zone (elevated bankruptcy risk).
- Increasing regulatory scrutiny in the financial services sector.
- Economic downturns affecting insurance demand and investment returns.
- Intense competition from established players and fintech disruptors.
- Exposure to currency risk due to international operations.
- Adverse claims experience impacting profitability.
What Are the Growth Opportunities for BLHEY?
- Expansion of Digital Insurance Offerings: Bâloise can leverage the growing trend of digital insurance solutions to reach a wider customer base and improve operational efficiency. The global digital insurance market is projected to reach $400 billion by 2027, offering significant growth potential. By investing in user-friendly digital platforms and personalized insurance products, Bâloise can attract tech-savvy customers and gain a competitive edge. Timeline: Ongoing, with continuous platform updates and feature enhancements.
- Strategic Partnerships and Acquisitions: Bâloise can pursue strategic partnerships and acquisitions to expand its product portfolio and geographic reach. Collaborating with fintech companies or acquiring specialized insurance providers can enhance its capabilities and market position. The insurance M&A market is expected to remain active, providing opportunities for Bâloise to consolidate its position. Timeline: Ongoing, with potential deals evaluated on a case-by-case basis.
- Development of Innovative Insurance Products: Bâloise can focus on developing innovative insurance products that cater to emerging risks and customer needs. This includes cyber insurance, parametric insurance, and usage-based insurance. The demand for these specialized insurance products is growing rapidly, driven by increasing cyber threats, climate change, and the sharing economy. Timeline: 1-3 years, with new product launches planned based on market research and customer feedback.
- Strengthening Asset Management Capabilities: Bâloise can enhance its asset management capabilities to generate higher returns and diversify its revenue streams. This includes expanding its investment offerings, improving its investment performance, and attracting new clients. The global asset management industry is expected to continue growing, driven by increasing wealth and demand for investment solutions. Timeline: Ongoing, with continuous investment in talent and technology.
- Geographic Expansion within Europe: Bâloise can explore opportunities for geographic expansion within Europe, targeting markets with attractive growth prospects and favorable regulatory environments. This includes expanding its presence in existing markets or entering new markets through partnerships or acquisitions. The European insurance market is diverse, with varying levels of competition and regulatory frameworks. Timeline: 3-5 years, with market entry decisions based on thorough due diligence and market analysis.
What Opportunities Does BLHEY Have?
- Expansion of digital insurance offerings.
- Strategic partnerships and acquisitions.
- Development of innovative insurance products.
- Strengthening asset management capabilities.
What Threats Does BLHEY Face?
- Increasing regulatory scrutiny in the financial services sector.
- Economic downturns affecting insurance demand.
- Intense competition from established players and fintech disruptors.
- Exposure to currency risk due to international operations.
What Are BLHEY's Competitive Advantages?
- Established brand reputation and long operating history dating back to 1863.
- Diversified business model across insurance, banking, and asset management.
- Strong presence in key European markets, particularly Switzerland, Germany, Belgium, and Luxembourg.
- Extensive distribution network and partnerships with brokers and agents.
What Does BLHEY Do?
Founded in 1863 and headquartered in Basel, Switzerland, Bâloise Holding AG has evolved into a diversified financial services group with a strong presence in Europe. The company operates through four primary segments: Non-Life, Life, Asset Management & Banking, and Other Activities. Its Non-Life segment provides a comprehensive suite of insurance products, including accident, health, general liability, motor, fire, marine, credit protection, and legal expenses coverage. The Life segment offers various life insurance products, such as endowment policies, group life insurance, term insurance, and annuities. Bâloise Bank SoBa, a Swiss bank, operates within the Asset Management & Banking segment, offering banking services and asset management solutions. The company also holds interests in equity investment companies, real estate firms, and financing companies, catering to individuals, SMEs, and industrial clients. Bâloise Holding AG aims to provide integrated financial solutions to its customer base across its core markets.
What Products and Services Does BLHEY Offer?
- Provides non-life insurance products covering accident, health, liability, motor, property, and marine risks.
- Offers life insurance products, including endowment policies, group life insurance, and annuities.
- Operates Baloise Bank SoBa, offering banking services in Switzerland.
- Provides asset management services to individuals and institutions.
- Invests in equity investment companies, real estate firms, and financing companies.
- Offers credit protection and legal expenses insurance.
How Does BLHEY Make Money?
- Generates revenue through insurance premiums from non-life and life insurance policies.
- Earns interest income and fees from banking operations through Baloise Bank SoBa.
- Derives income from asset management services, including investment management fees.
- Receives returns on investments in equity investment companies, real estate, and financing companies.
What Industry Does BLHEY Operate In?
Bâloise Holding AG operates within the diversified insurance industry, which is characterized by increasing regulatory scrutiny and evolving customer expectations. The industry is undergoing digital transformation, with companies investing in fintech solutions to enhance customer experience and operational efficiency. Competition is intense, with established players like AEGOF and AGESF vying for market share. Bâloise Holding AG's focus on integrated financial solutions and its strong presence in key European markets position it to capitalize on growth opportunities within this dynamic landscape.
Who Are BLHEY's Key Customers?
- Individuals seeking personal insurance and banking services.
- Small and medium-sized enterprises (SMEs) requiring commercial insurance and financial solutions.
- Industrial clients needing specialized insurance coverage and risk management services.
Company Profile
Bâloise Holding AG operates in the Insurance - Diversified industry within the Financial Services sector. It is headquartered in Basel, CH. The company is led by CEO Michael Muller. BLHEY has traded publicly since 2009.
Bâloise Holding AG Financial Trajectory
Bâloise Holding AG (BLHEY) reported $3.05B in revenue for Q2 2025, a decline of 9.5% compared to the prior quarter. The company recorded net income of $275.9M, with diluted EPS of $0.61. Quarter-over-quarter revenue has been mixed, typical for a small-cap company operating in Financial Services.
How Bâloise Holding AG Is Valued
Bâloise Holding AG carries a market capitalization of $1.07B, placing it in the small-cap category.
ROE 13%Key Financial Metrics
Return on equity for Bâloise Holding AG stands at 13.2%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.6%, showing how much profit it generates from its asset base. BLHEY trades at a trailing price-to-earnings ratio of 20.39, above the Financial Services sector average of ~18x. Its free cash flow yield is 9.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 5.48 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 4.9%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 4/9Financial Health
Bâloise Holding AG's Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.29 places it in the distress zone, a signal of elevated financial risk.
FY2026 estForward Outlook
Wall Street analysts project Bâloise Holding AG revenue of about $9.13B for fiscal 2026, with EPS near $1.17.
BLHEY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2024
Bull Case vs Bear Case
Bull Case
- Diversified business model across insurance, banking, and asset management.
- Strong presence in key European markets.
- Established brand reputation and long operating history.
- Healthy dividend yield of 4.09%.
Bear Case
- Relatively high P/E ratio compared to peers.
- Profit margin could be improved.
- Limited geographic diversification outside of Europe.
- Dependence on traditional insurance products.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2025 | $3.05B | $276M | $0.61 |
| Q4 2024 | $3.37B | $165M | $0.36 |
| Q2 2024 | $2.99B | $220M | $0.48 |
Based on FMP financials and quantitative analysis
BLHEY Latest News
No recent news available for BLHEY.
BLHEY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for BLHEY.
Price Targets
Wall Street price target analysis for BLHEY.
BLHEY MoonshotScore
What does this score mean?
The MoonshotScore rates BLHEY's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Michael Muller
CEO
Michael Muller is the CEO of Bâloise Holding AG, leading a workforce of 7693 employees. His background includes extensive experience in the financial services industry, with a focus on insurance and banking. Prior to joining Bâloise, he held various leadership positions at other prominent financial institutions, contributing to his deep understanding of the market dynamics and regulatory landscape. He is known for his strategic vision and commitment to innovation.
Track Record: Under Michael Muller's leadership, Bâloise Holding AG has focused on digital transformation and expanding its product offerings. Key achievements include the launch of new digital insurance platforms and the implementation of strategic partnerships to enhance customer experience. He has also overseen the company's efforts to strengthen its asset management capabilities and expand its geographic reach within Europe. His tenure has been marked by a commitment to sustainable growth and shareholder value.
Bâloise Holding AG ADR Information Unsponsored
An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company that trades on U.S. stock exchanges. BLHEY is an ADR representing shares of Bâloise Holding AG, allowing U.S. investors to invest in the company without directly dealing with foreign exchanges. The ADR is denominated in U.S. dollars, simplifying trading and settlement.
- Home Market Ticker: SIX Swiss Exchange, Switzerland
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: BLHE
BLHEY OTC Market Information
The OTC Other tier represents the lowest tier of the over-the-counter (OTC) market, indicating that Bâloise Holding AG (BLHEY) may not meet the minimum financial standards required for higher tiers like OTCQX or OTCQB. Companies on this tier often have limited reporting requirements, which can make it more difficult for investors to obtain reliable information. Trading on the OTC Other tier generally involves higher risks compared to trading on major exchanges like the NYSE or NASDAQ due to lower liquidity and less regulatory oversight.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure increases information asymmetry and the potential for fraud.
- Low trading volume and wide bid-ask spreads can lead to significant price volatility.
- Lack of regulatory oversight increases the risk of mismanagement and corporate malfeasance.
- Potential for difficulty in exiting positions due to limited liquidity.
- Higher risk of inaccurate or outdated information.
- Verify the company's financial statements and audit reports from independent sources.
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Understand the regulatory environment in which the company operates.
- Evaluate the company's risk factors and potential liabilities.
- Consult with a financial advisor before investing.
- Confirm the legitimacy of the ADR and its custodian.
- The company is a well-established European financial services provider.
- Bâloise Holding AG is a publicly traded company on the SIX Swiss Exchange (BLHE).
- The company has a long operating history dating back to 1863.
- The company provides insurance and banking services to a diverse customer base.
- The company has a market capitalization of over $1 billion.
Common Questions About BLHEY (Financial Services)
What does Bâloise Holding AG do?
Bâloise Holding AG is a diversified financial services group that operates in the insurance and banking sectors. The company offers a range of non-life and life insurance products, banking services through Baloise Bank SoBa, and asset management solutions. Its primary markets are Switzerland, Germany, Belgium, and Luxembourg, where it serves individuals, SMEs, and industrial clients. The company aims to provide integrated financial solutions to its customer base, leveraging its established brand reputation and extensive distribution network.
What are the main risks for BLHEY?
Bâloise Holding AG faces several risks, including increasing regulatory scrutiny in the financial services sector, which could lead to higher compliance costs and operational constraints. Economic downturns could negatively impact insurance demand and investment returns. Intense competition from established players and fintech disruptors poses a threat to market share. Exposure to currency risk due to international operations could affect profitability. Adverse claims experience in the insurance business could also impact financial performance.
How sensitive is BLHEY to interest rate changes?
As a financial institution with banking operations through Baloise Bank SoBa, Bâloise Holding AG is sensitive to interest rate changes. Higher interest rates can increase the net interest margin for the bank, boosting profitability. However, rising rates can also dampen demand for loans and mortgages. Conversely, lower interest rates can compress the net interest margin but may stimulate borrowing. The company's asset management business is also affected by interest rate movements, which can impact the value of fixed-income investments.
How is Bâloise Holding AG adapting to fintech disruption?
Bâloise Holding AG is actively adapting to fintech disruption by investing in digital transformation initiatives and developing user-friendly digital platforms. The company is focused on enhancing customer experience through personalized insurance products and streamlined online services. Strategic partnerships with fintech companies are also being pursued to leverage innovative technologies and expand its digital capabilities. These efforts aim to maintain competitiveness and attract tech-savvy customers in the evolving financial services landscape.
What are the key factors to evaluate for BLHEY?
Evaluate BLHEY on fundamentals, analyst consensus, and risk factors. Not financial advice.
How frequently does BLHEY data refresh on this page?
BLHEY prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven BLHEY's recent stock price performance?
Bâloise Holding AG (BLHEY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diversified business model across insurance, banking, and asset management. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider BLHEY overvalued or undervalued right now?
Valuing Bâloise Holding AG (BLHEY) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis pending for BLHEY may provide further insights.
- OTC market data may be less reliable than exchange-listed data.