Key figures of VP Bank Group

In what continues to be a challenging environment, VP Bank Group generated group net income of CHF 28.8 million in the first half of 2025.

28.8mn.

Net income

in CHF

56.5bn.

Client assets

in CHF

175.4mn.

Total operating income

in CHF

81.5%

Cost/income Ratio

2.1bn.

Net new money

in CHF

26.1%

Tier 1 Ratio

Key figures of VP Bank Group

30.06.2025

30.06.2024

31.12.2024

Variance to 30.06.2024 in %

Key income statement data in CHF million1, 2

Total net interest income

73.2

75.9

152.8

–3.6

Total net income from commission business and services

69.0

68.3

137.1

1.1

Income from trading activities

18.9

14.6

30.9

29.5

Income from financial instruments

8.8

3.5

5.1

150.0

Total operating income

175.4

162.6

330.5

7.8

Operating expenses

142.8

148.8

308.3

–4.0

Group net income

28.8

11.5

18.5

150.2

30.06.2025

30.06.2024

31.12.2024

Variance to 31.12.2024 in %

Key balance-sheet data in CHF million1, 2

Total assets

11,382.9

11,651.9

10,635.6

7.0

Due from banks

992.8

1,107.5

850.7

16.7

Due from customers

5,938.6

5,752.2

5,941.3

–0.0

Due to customers

9,383.9

9,706.1

8,948.5

4.9

Total shareholders’ equity

1,126.9

1,107.1

1,116.8

0.9

Equity ratio (in %)

9.9

9.5

10.5

–5.7

Tier 1 ratio (in %)

26.1

26.1

25.9

0.9

Leverage ratio (in %)

9.3

9.1

9.9

–6.1

Liquidity coverage ratio (in %)

160.9

309.5

165.3

–2.7

Net stable funding ratio (NSFR) (in %)

152.7

143.0

144.5

5.7

Total client assets under management in CHF million

51,878.2

50,418.9

50,749.2

2.2

On-balance-sheet customer deposits (excluding custody assets)

9,170.0

9,607.6

8,602.9

6.6

Fiduciary deposits (excluding custody assets)

455.3

609.7

454.9

0.1

Client securities accounts

42,252.9

40,201.6

41,691.4

1.3

Custody assets in CHF million

4,669.4

4,312.0

5,645.2

–17.3

Total client assets in CHF million

56,547.6

54,730.9

56,394.3

0.3

Business volume in CHF million3

57,816.8

56,171.1

56,690.4

2.0

Net new money in CHF million

2,114.6

518.0

463.6

356.1

Key operating indicators2

Return on equity (in %)1, 4

5.2

2.0

1.7

Cost/income ratio (in %)5

81.5

91.5

93.3

Headcount (expressed as full-time equivalents)6

924.8

1,000.1

945.4

Key indicators related to shares of VP Bank in CHF1

Group net income per registered share A7

4.63

1.86

2.98

Group net income per registered share B7

0.46

0.19

0.30

Shareholders’ equity per registered share A on the balance-sheet date

180.51

178.55

179.99

Shareholders’ equity per registered share B on the balance-sheet date

18.05

17.86

18.00

Quoted price per registered share A

81.40

75.00

77.40

Quoted price per registered share B

8.10

7.50

7.70

Market capitalisation (in CHF million)8

538

496

512

Price/earnings ratio per registered share A

8.79

20.14

25.93

Rating by Standard & Poor’s

A–/Negative/A–2

A–/Negative/A–2

A–/Negative/A–2

1The key figures and ratios are calculated and reported on the basis of the consolidated net income and equity attributable to the shareholders of VP Bank AG, Vaduz.

2Details in the notes to the consolidated income statement and consolidated balance sheet.

3Assets under management and due from customers.

4Net income / average shareholders’ equity less dividend.

5Total operating expenses / total operating income.

6In accordance with legal requirements, apprentices are to be included in headcount statistics as 50 per cent of equivalent full-time employees.

7Based on the weighted average number of shares (registered share A) (note 11).

8Including registered shares B.

The definitions are available at vpbank.com/apm