Glarner Kantonalbank H1 FY26 net profit climbs 40.2% to CHF 13.2 million; operating income rises 11.2% to CHF 52.6 million

(AWP Alliance News) - Glarner Kantonalbank reported a strong first half of 2026, with net profit up 40.2% to CHF 13.2 million as operating income rose 11.2% to CHF 52.6 million. Net interest income climbed 21% to CHF 38.1 million, with interest income down 10.8% to CHF 50.4 million on sharply lower interest expense of CHF 25.1 million (-33.5%).

Commission and services revenue increased 5.9% to CHF 9.4 million, driven by investment business and credit servicing income from bitubi, while trading income fell 23.8% on lower FX revenue. Total assets edged up to CHF 9.2 billion and mortgages grew 1.8% to CHF 112.5 million, with liquidity at CHF 1.5 billion and the total capital ratio at 14.6% after the early call of a CHF 150 million Tier-2 bond and placement of a new CHF 125 million Tier-2 issue.

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Disclaimer: This news brief was created using generative artificial intelligence. Glarner Kantonalbank published the original content used to generate this news brief via EQS News on August 13, 2026, and is solely responsible for the information contained therein.