Credit Suisse Group AG is a financial services firm based in Zurich, Switzerland. The company’s stock is traded on the NYSE under the symbol ‘CS’. According to the latest available data, Credit Suisse Group AG has a market capitalization of 12.3 billion dollars as of 3 February 2023.
Looking at historical figures, we can observe that the market cap of Credit Suisse Group AG has been varied over time. On 1 February 2023 it was 14.4 billion dollars, on 2 February it was 14.6 billion and on 3 February it was 14.1 billion dollars. This shows that the market cap of this company has decreased by more than a billion dollars in one year from its peak of 9.1 billion recorded in January 2022.
Overall, Credit Suisse Group AG appears to be struggling financially and its market capitalization is significantly lower than what it used to be a year ago. This could be due to several factors such as decreasing demand for financial services or increasing competition from other companies operating in the same space. It will be interesting to see how this company responds and if they can turn around their financial situation in the coming months and years.
