13. Aug 2026
Description
(AWP Alliance News) - Thurgauer Kantonalbank expects full-year 2026 operating profit to come in slightly below 2025, despite a solid business trend and a resilient Thurgau economy. The bank pointed to an uncertain outlook for equity and financial markets, even as it described the local property market as functioning well.
In the first half, operating profit rose 9.2% to CHF 124 million, supported by a 2.3% increase in net interest income to CHF 156.9 million. Net profit edged up 0.9% to CHF 82 million, while the cost-income ratio held at 44.5% and the capital ratio stood at 21.3%.
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Disclaimer: This news brief was created using generative artificial intelligence. Thurgauer Kantonalbank AG published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein.