LUKB has set ambitious growth targets for 2025 to offset anticipated declines in interest income. The bank aims to increase new money in its mandated investment business by over CHF 1 billion, achieve non-interest income of at least CHF 215 million, and maintain credit growth between 2.0% and 3.75%.
The shares of cantonal banks in St. Gallen, Lucerne, and Vaud have experienced significant declines this year, despite strong financial performance. While LUKB reported record profits amid falling interest rates, investor concerns about a potential drop in net interest income have negatively impacted share values.
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