The Swiss National Bank (SNB) is projected to report a net profit of CHF 5 to 10 billion for Q3, following a CHF 55 billion profit in the first half of the year. This could bring total earnings for the first nine months to between CHF 60 and 65 billion, allowing for potential payments to cantons and the Confederation by year-end.However, market volatility due to the U.S. presidential election and Middle East conflicts may impact fourth-quarter performance. In 2023, the SNB recorded a loss of CHF 3.2 billion, which, along with a negative reserve of CHF 39.5 billion, hindered contributions to public authorities.
