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Zuger Kantonalbank reports slight profit decline but maintains dividend distribution

Zuger Kantonalbank reported a slight profit decline of 2.0% to CHF 122.4 million in 2024, despite a 0.9% increase in net operating income to CHF 142.1 million. The Board of Directors proposed an unchanged dividend of CHF 220 per share, while operating expenses rose by 6.6% due to new hires. Looking ahead, the bank anticipates solid business development in 2025, driven by a favorable investment environment.

Luzerner Kantonalbank reports record profit and increases dividend payout

Luzerner Kantonalbank (LUKB) reported a record profit of CHF 286.6 million for 2024, marking an 8% increase from the previous year. The Board of Directors proposed a higher dividend of CHF 2.60 per share, up from CHF 2.50, despite challenges from interest rate cuts. For 2025, the bank anticipates a profit between CHF 265 million and CHF 285 million.

zuger kantonalbank reports stable performance and modest profit decline in 2024

Zuger Kantonalbank (ZGKB) concluded 2024 positively, with a 0.9% increase in operating income to 142.1 million Swiss francs, driven by growth in investment and asset management. However, Group profit saw a slight decline of 2% to 122.4 million due to the absence of last year's exceptional results. Looking ahead, ZGKB anticipates a solid performance in 2025 despite ongoing geopolitical tensions.

efg international shares face pressure but maintain strong market position

EFG International AG experienced a slight price decline of 0.27% to EUR 15.03 on February 3, 2025, amidst a monthly drop of 0.92%. Despite this, the bank maintains a strong market position with a market capitalization of EUR 4.7 billion and a price/earnings ratio of 13.41 for 2025, reflecting solid valuation. Shareholders are urged to consider their options as new analysis suggests a critical decision point for buying or selling.

zuger kantonalbank reports slight profit decline but maintains dividend payout

Zuger Kantonalbank reported a slight decline in profit for 2024, falling 2% to CHF 122.4 million, attributed to the absence of extraordinary gains from the previous year. Despite this, operating income rose by 0.9% to CHF 142.1 million, and the board proposed an unchanged dividend of CHF 220 per share. The bank anticipates solid business growth in 2025, driven by a favorable investment environment and plans to expand its market position with private and corporate clients.

Luzerner Kantonalbank reports record profit and increases dividend for shareholders

Luzerner Kantonalbank (LUKB) reported a record profit of CHF 286.6 million for 2024, an 8.0% increase from the previous year, leading to a proposed dividend of CHF 2.60 per share. Despite four interest rate cuts, net income from key interest business rose by 5.1% to CHF 444.0 million, while operating income increased by 5.8% to CHF 650.5 million. For 2025, the bank anticipates a profit between CHF 265 million and CHF 285 million, contingent on no unforeseen events.

the case for phasing out additional tier 1 capital instruments

Additional Tier 1 (AT1) notes, designed to bolster bank capital during crises, have proven ineffective, as highlighted by the Credit Suisse collapse. With significant legal uncertainties and risks of market contagion, regulators, including Australia’s, are moving to phase them out to enhance banking stability. The focus is shifting towards simpler, more effective capital structures that do not rely on these complex instruments.

Goldman Sachs raises HSBC target price amid positive net interest income outlook

Goldman Sachs has raised its target price for HSBC Holdings to $93, citing upside risks to net interest income due to sustained high policy rates in developed markets. The firm also noted the new CEO's cost-saving plan, which aims to cut $800 million by streamlining senior staff, while emphasizing the need to assess the Corporate and Institutional Banking division's internal processes and interdepartmental relationships.

HSBC Holdings sees bullish trade as Goldman Sachs raises price target

HSBC Holdings executed a bullish block trade of 136,000 shares at $79.55, resulting in a turnover of $10.819 million. Goldman Sachs has raised the target price for HSBC to $93, citing potential upside risks in market net interest income forecasts. Additionally, HSBC repurchased 2.5 million shares for approximately $200 million last Tuesday.

raiffeisen bank shares show strong growth amid market challenges

Raiffeisen Bank International (RBI) has shown a strong performance in early 2025, with share prices reaching a 12-month high of EUR 22.00 on January 31, reflecting a market capitalization of EUR 7.2 billion. Despite facing challenges, including a court ruling in Russia, the bank's shares have generally trended upward, with significant monthly gains reported.
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