St Galler Kantonalbank (SGKN) H1 2025 earnings summary

Executive summary

• Net profit for H1 2025 increased by 13.6% year-over-year to CHF 114.1 million, driven by higher interest and commission income.

• Total assets rose to CHF 47.2 billion as of June 30, 2025, reflecting growth in customer loans and deposits.

• Share price appreciated by 10.17% in H1 2025, closing at CHF 482.00.

Financial highlights

• Operating income grew by 9.8% year-over-year to CHF 301.8 million in H1 2025.

• Operating expenses increased by 6.8% to CHF 159.8 million.

• Earnings per share reached CHF 19.07, up from CHF 16.77 in the prior year period.

• Return on equity improved to 7.7% from 7.1% year-over-year.

• Cost/income ratio improved to 52.4% from 54.1% year-over-year.

Outlook and guidance

• Dividend per share maintained at CHF 19.00 for the 2024 financial year.

• Management signals continued focus on efficiency and capital strength.