Walliser Kantonalbank (WKBN) H2 2025 earnings summary

Executive summary

• Achieved the third-best result in history despite a challenging environment with falling interest rates and economic uncertainties.

• Balance sheet grew to CHF 22 billion (+5.7% year-over-year), with strong increases in client loans and deposits.

• Net profit reached CHF 85.9 million (-5.1% year-over-year), and operational result remained high at CHF 142.1 million.

• Board proposes a dividend of CHF 4 per share for the 2025 financial year.

Financial highlights

• Net interest income contracted by 9.4% to CHF 204.5 million, reflecting the impact of lower rates.

• Commission and service income rose 10.4% to CHF 53.5 million, driven by wealth management.

• Trading income increased 18.7% to CHF 20.1 million.

• Total revenues stood at CHF 283.6 million (-3.8% year-over-year).

• Operating expenses increased slightly by 1% to CHF 129.6 million.

Outlook and guidance

• 2026 expected to see continued business momentum, barring major geopolitical deterioration.

• Swiss GDP growth forecast at 1.1% for 2026; Valais region expected to grow by 1.3%.