St. Galler Kantonalbank (SGKB) reported a 3.8% increase in consolidated profit to CHF 215.1 million for 2024, despite a 6.9% drop in operating profit due to declining net interest income, which fell by 10.4%. The bank saw significant growth in customer loans and commission income, while managing to attract CHF 3.1 billion in new money. Looking ahead, SGKB anticipates a cautious outlook for 2025, expecting results to remain at the previous year's level amid uncertainties in interest rates and market reactions.