Compagnie Financière Tradition (CFT) Q2 2026 TU earnings summary

Executive summary

• Revenue grew 10.4% at constant exchange rates in H1 2026, reaching CHF 646.2 million, reflecting continued growth momentum.

• Consolidated revenue, including joint ventures, increased by 2.2% at current exchange rates year-over-year.

• Q2 2026 revenue growth was 3.6% at constant exchange rates, but declined 1.1% at current rates due to currency effects.

• July business activity maintained the positive trend from H1 2026.

Financial highlights

• H1 2026 reported revenue (IFRS) was CHF 597.8 million, up 3.1% at current rates and 11.0% at constant rates year-over-year.

• Interdealer broking (IDB) revenue reached CHF 623.3 million, up 2.6% at current rates and 10.4% at constant rates.

• Retail investors (Non-IDB) revenue was CHF 22.9 million, down 6.7% at current rates but up 8.9% at constant rates.

• Q2 2026 reported revenue (IFRS) was CHF 283.6 million, down 0.6% at current rates but up 3.8% at constant rates.

Segment performance

• Interdealer broking business (IDB) drove most of the revenue growth, with strong performance at constant exchange rates.

• Retail investor segment saw a decline at current rates but grew at constant rates, indicating underlying demand.