Graubündner Kantonalbank (GRKP) investor relations material

Executive summary

• Consolidated profit for the first half of 2026 reached CHF 137.2 million, up 18.2% year-over-year, marking the best half-year result in the bank's history.

• Operating income increased by 11.2% to CHF 286.3 million, with all income components contributing to growth.

• Equity capital stood at CHF 3.0 billion, highlighting strong financial resilience.

Financial highlights

• Net interest income rose by CHF 14.6 million (+9.3%) year-over-year, supported by growth in client loans and equity investment strategy.

• Net fee and commission income increased by CHF 11.3 million (+13.5%), driven by investment volume acquisition and favorable market performance.

• Cost/income ratio improved to 46.8% from 48.0% year-over-year, reflecting high productivity.

• Return on equity (ROE) rose to 9.1% from 7.9% year-over-year.

• CET1 ratio increased to 20.2%, up 0.2 percentage points from year-end 2025.

Outlook and guidance

• The bank raised its outlook for 2026, now expecting a year-on-year increase in profit based on strong first-half results.

• Above-average capital base enables strategic flexibility and further consolidation of its market position.