6 hours ago
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(AWP Alliance News) - BLKB posted a first-half 2026 net profit of CHF 96.5 million, up 5.3% from the prior-year period, as operating income climbed to CHF 117.5 million. Operating revenue rose 4.2% to CHF 248.9 million, supported by gains in securities and investment activities and in the interest business.
Net interest income increased 3.3% to CHF 177 million, while commission income advanced 5.2% to CHF 49.5 million. Assets under management grew CHF 1.4 billion, or 4.8%, since Dec. 31 to CHF 30.8 billion, while the cost-income ratio narrowed 1.6 percentage points to 54.4%.
The group reiterated expectations for a comparable full-year performance versus last year excluding a one-off effect, while the wind-down of radicant is progressing as planned and BLKB Fund Management plans a capital increase in the second half.
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Disclaimer: This news brief was created using generative artificial intelligence. BLKB - Basellandschaftliche Kantonalbank published the original content used to generate this news brief on August 12, 2026, and is solely responsible for the information contained therein.