Walliser Kantonalbank (WKBN) H1 2026 earnings summary

Executive summary

• Net profit for the first half of 2026 increased by 4.4% to CHF 63.6 million.

• Total assets increased by 3.4% to CHF 22.8 billion as of June 30, 2026.

• Operating income rose by 2.9% to CHF 72.5 million compared to the same period last year.

• Total revenues rose 2.6% to CHF 147.1 million year-over-year.

Financial highlights

• Net interest income remained stable at CHF 103.5 million, a slight decrease of 0.2% year-over-year.

• Commission and service fee income increased by 9.6% to CHF 28.2 million year-over-year.

• Trading income grew by 2.4% to CHF 9.8 million compared to the first half of 2025.

• Operating expenses increased by 2.4% to CHF 68.1 million year-over-year.

• Other ordinary income surged 26.5% to CHF 5.6 million.

Outlook and guidance

• No significant events after June 30, 2026, are expected to impact financial position or results.

• Economic growth in Switzerland is forecast at 0.9% for 2026, with inflation at 0.6%.

• The bank expects continued strong results for 2026, barring further geopolitical deterioration.