In the first half of 2025, Freiburger Kantonalbank achieved an operating result of 112.8 million Swiss francs – significantly more than the bank had expected, as stated in a press release published on Friday.

Net profit amounted to 87,9 million francs, representing a decline of 9,5 percent compared to the previous year. The bank allocated 20 million francs to reserves for general banking risks.

The interest business remains the bank’s main source of income, contributing 154,9 million francs, though it was impacted by the Swiss National Bank’s interest rate cuts, resulting in a decline of 18,2 million francs. On the positive side, the commission and service business grew by 7,5 percent to 21,9 million francs, and trading income reached 5,1 million francs.

Cautiously Optimistic Outlook

Customer loans increased by 300 million francs to 23,8 billion francs (+1,3 percent), while the balance sheet total grew by 1,9 percent to 29,2 billion francs. Customer deposits also rose to 17,2 billion francs (+1,4 percent). Operating expenses increased moderately by 5,9 percent to 67,8 million francs, remaining within budget.

In an economic environment still marked by uncertainty and market tensions, FKB expects the current trend to continue in the second half of the year and remains confident about achieving its full-year targets.