1 Interest income
in CHF 1,000 | 2025 | 2024 | Variance absolute | Variance in % |
Discount income | 5,294 | 7,320 | –2,026 | –27.7 |
Loan commissions with the character of interest | 473 | 569 | –96 | –16.9 |
Interest income from banks | 15,581 | 50,885 | –35,304 | –69.4 |
Interest income from customers | 119,544 | 160,718 | –41,174 | –25.6 |
Interest income from financial instruments measured at amortised cost | 41,010 | 42,943 | –1,933 | –4.5 |
Interest income from financial liabilities | 39 | 10 | 29 | 290.0 |
Total interest income from financial instruments at amortised cost | 181,941 | 262,445 | –80,504 | –30.7 |
Interest-rate instruments | –41 | 239 | –280 | –117.2 |
Forward components from foreign currency contracts1 | 95,253 | 94,138 | 1,115 | 1.2 |
Hedge accounting | 0 | 5 | –5 | –100.0 |
Total other interest income1 | 95,212 | 94,382 | 830 | 0.9 |
Total interest income1 | 277,153 | 356,827 | –79,674 | –22.3 |
Interest expenses on amounts due to banks | 336 | 1,337 | –1,001 | –74.9 |
Interest expenses on amounts due to customers | 130,665 | 200,375 | –69,710 | –34.8 |
Interest expenses on medium-term notes | 446 | 471 | –25 | –5.3 |
Interest expenses on debentures issued | 948 | 1,603 | –655 | –40.9 |
Interest expenses from financial assets | 22 | 11 | 11 | 100.0 |
Interest expenses on right-of-use assets | 206 | 274 | –68 | –24.8 |
Total interest expenses using the effective interest method | 132,623 | 204,071 | –71,448 | –35.0 |
Total net interest income1 | 144,530 | 152,756 | –8,226 | –5.4 |
Fair-value hedges | ||||
Movements arising from hedges | 35 | –465 | 500 | 107.5 |
Micro fair-value hedges | 35 | –465 | 500 | 107.5 |
Movements in underlying transactions | –35 | 470 | –505 | –107.4 |
Micro fair-value hedges | –35 | 470 | –505 | –107.4 |
Total hedge accounting2 | 0 | 5 | –5 | –100.0 |
1Changes to presentation (note 3 and principles underlying financial statement reporting). The prior-year comparative figures were increased accordingly by CHF 50.5 million and reduced in income from trading activities (note 3).
2Hedge ineffectiveness, disclosed in the income statement: further details in note 37.