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Banque cantonale vaudoise reports mixed results amid falling interest rates

Banque cantonale vaudoise reported a decline in net interest income by 7% to CHF 554 million, while fee and commission income rose by 9% to CHF 369 million. The bank experienced an 8% increase in its mortgage business, benefiting from strong demand and the market shift following Credit Suisse's exit. Operating expenses rose by 3%, leading to a distribution of CHF 286 million to the canton of Vaud.
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Swiss Franc Credit Suisse High Yield Bond Fund, Inc. Cembra Money Bank AG Banque Cantonale Vaudoise CHE Sandra Hauser Ingrid Deltenre Thomas Paulsen Pascal Kiener Show more
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