The consolidated profit of the LLB Group reached 166,5 million francs in 2025. Compared with the previous year, this represents a decrease of 0,4 percent.

According to a statement released on Friday, the result was supported by the diversified business model, the consistent implementation of the strategy and targeted growth initiatives. In addition, the former ZKB Österreich was included in the annual financial statements for the first time for the full year.

Income from the interest business declined by 8,3 percent to 122,9 million francs. After expected credit losses, income fell by around 14 percent year-on-year to 123,5 million francs.

Client assets increased by 12,2 percent, or 11,9 billion francs, to 108,9 billion francs. Of this amount, 3,2 billion francs are attributable to the acquisition of ZKB Österreich. Net new money inflows again rose to 3,7 billion francs, corresponding to a growth rate of 3,8 percent. Net new loans amounted to 540 million francs, representing growth of 3,3 percent.

Other Divisions Increase Earnings

By contrast, income from services and commission business rose by 21 percent to 259,2 million francs. Trading income was also clearly positive, increasing by 9,9 percent to 219,7 million francs.

Overall, operating income totalled 611,6 million francs, an increase of 8,1 percent.

Costs rose more sharply than income. While personnel expenses increased by 9,1 percent, general and administrative expenses rose by around 16 percent. Total operating expenses amounted to 410,4 million francs, up 11 percent.

Business volume exceeded the 125 billion francs mark for the first time in 2025. The LLB said it had sustainably strengthened its position in its core markets, driven by strong organic growth, the integration of ZKB Österreich and the positive development of financial markets.

Focus on Efficiency

«The consistent implementation of our ACT-26 strategy delivered results in 2025 and sustainably strengthens the position of the LLB Group,» said Chairman of the Board of Directors Georg Wohlwend. «Achieving a solid annual result in what remains a challenging environment demonstrates the resilience of our business model.»

Shareholders will be proposed an unchanged dividend of 2,80 francs per share.

The Principality of Liechtenstein received 64,6 million francs in dividends and taxes for the 2025 financial year.

The outlook does not provide specific guidance. In the final year of the strategy period, the focus will be on efficiency. Geopolitical tensions and a volatile market environment are expected to persist. The bank anticipates a «solid result.»