Income from commission business and services - VP Bank Semi-annual report 2026

2 Income from commission business and services

in CHF 1,000	01.01.– 30.06.2026	01.01.– 30.06.2025	Variance absolute	Variance in %
Commission income from credit business	747	480	267	55.6
Asset management and investment business¹	37,084	30,846	6,238	20.2
Brokerage fees¹	20,952	14,894	6,058	40.7
Securities account fees¹	2,724	8,733	–6,009	–68.8
Fund management fees	13,827	14,841	–1,014	–6.8
Fiduciary commissions	578	1,100	–522	–47.5
Other commission and service income¹	10,288	8,534	1,754	20.6
Total income from commission business and services	86,200	79,428	6,772	8.5
Brokerage expenses	562	574	–12	–2.1
Other commission and services-related expenses	11,258	9,836	1,422	14.5
Total expenses from commission business and services	11,820	10,410	1,410	13.5
Total net income from commission business and services	74,380	69,018	5,362	7.8

1Due to new fee structures, there were shifts within these income items compared with the same period last year. The figures from the previous year remain unchanged.

The following table shows which components are included within the income position “asset management and investment business“:

in CHF 1,000	01.01.– 30.06.2026	01.01.– 30.06.2025	Variance absolute	Variance in %

Fees for securities settlement¹	18,682	6,071	12,611	207.7
Administration commissions¹	14,632	15,613	–981	–6.3
Management fees	3,645	3,502	143	4.1
Brokerage fees	6,795	9,192	–2,397	–26.1
Securities account fees	2,046	1,572	474	30.2
Administration fees	2,146	1,347	799	59.3
All-in fees¹	2,369	7,778	–5,409	–69.5
Miscellaneous fees	1,401	1,384	17	1.2
Asset management and investment business	37,084	30,846	6,238	20.2

1Due to new fee structures, there were shifts within these income items compared with the same period last year. The figures from the previous year remain unchanged.