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Glarner Kantonalbank shares rise amid calls for shareholder action

Glarner Kantonalbank has shown a strong performance in mid-February 2025, with shares priced at EUR 24.05, reflecting a 3% growth over the past month and a market capitalization of EUR 324.7 million. The forecast P/E ratio for 2025 stands at 13.12, indicating a reasonable valuation, while shares are 54.26% above their 52-week low and just under 2.08% from their high. Recent analyses suggest shareholders may need to consider urgent actions regarding buying or selling their shares.

Glarner Kantonalbank shares rise amid mixed financial performance in 2025

Glarner Kantonalbank's share price reached EUR 24.05 in mid-February 2025, marking a 3.00% increase over the past month. Despite a profit decline in 2024, the bank maintains a solid market position with a P/E ratio of 13.12 and a price/cash flow ratio of 4.49, trading 54.26% above its 52-week low.

Glarner Kantonalbank faces profit decline amid changing interest rate landscape

Glarner Kantonalbank experienced a significant profit decline in the 2024 financial year, primarily due to the impact of SNB's interest rate cuts. The current market capitalization is 324.7 million euros, with shares priced at 24.05 euros, reflecting a 54.26% increase from the 52-week low. Recent analyses indicate an urgent need for action among shareholders regarding whether to buy or sell.

Glarner Kantonalbank reports mixed financial results amid changing interest rates

In 2024, Glarner Kantonalbank reported a net interest income of CHF 58.5 million, down 12.8% from the previous year, amid a challenging interest rate environment. Operating expenses rose only 0.3%, while total assets increased by 3.1% to CHF 9.1 billion, driven by strong mortgage growth. The Board proposed a dividend of CHF 1.00 per share, reflecting a payout ratio of 55.6%, with CHF 14.9 million allocated to the public sector.

Glarner Kantonalbank reports lower profits and reduced dividends for 2024

Glarner Kantonalbank reported a 9.6% decline in operating profit for 2024, totaling 28.8 million francs, with net profit down 6.6% to 24.3 million francs. Shareholders will receive a reduced dividend of 1.00 franc per share, down from 1.20 francs last year. While total operating income fell by 3.6%, the bank saw a 2.2% increase in commission and services income and a 4.3% rise in trading income, despite rising costs and value adjustments due to default risk.

Glarner Kantonalbank reports profit decline amid rising interest expenses

Glarner Kantonalbank has reported a profit decline to CHF 24.3 million, primarily due to a significant increase in interest expenses. The bank's cost/income ratio stands at a concerning 65.8%, leading to a surprising reduction in shareholder payouts.

Glarner Kantonalbank reports decreased profit and reduced dividend for 2024

Glarner Kantonalbank reported a lower profit for 2024, with net profit declining by 6.6% to CHF 24.3 million, impacted by SNB key interest rate cuts. Operating profit fell 9.6% to CHF 28.8 million, leading to a reduced dividend of CHF 1.00 per share. While total operating income decreased by 3.6%, the bank saw a 2.2% increase in commission and services income.

Glarner Kantonalbank reports growth despite interest rate challenges in 2024

Glarner Kantonalbank reported positive growth for 2024 despite challenges from Swiss National Bank interest rate cuts. The current share price stands at EUR 24.35, reflecting a 4.28% monthly increase, with a market capitalization of 328.7 million euros. Shareholders are urged to consider their positions as new analyses suggest urgent action may be needed.

Glarner Kantonalbank reports decline in profit and reduced dividend for 2024

Glarner Kantonalbank reported a 9.6% decline in operating profit to 28.8 million francs for 2024, with net profit down 6.6% to 24.3 million francs. Shareholders will receive a reduced dividend of 1.00 franc per share, down from 1.20 francs last year, as the bank navigated lower interest income and rising default risk adjustments. However, income from commission and services rose by 2.2% to 17.3 million francs, aided by increased customer activity in the investment sector and the "Bitubi" division.

Glarner Kantonalbank reports lower profit and reduces dividend payout

Glarner Kantonalbank reported a 6.6% decline in net profit for 2024, totaling 24.3 million francs, prompting a reduction in the dividend from CHF 1.10 to CHF 1.00 per share. Operating income fell by 3.6% to 98.5 million francs, with net interest income down nearly 13% despite increased lending volumes. The bank managed to control material costs, which decreased by 5.6%, while total operating expenses rose slightly by 0.3%.
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