Earnings release
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Press release Ad hoc announcement pursuant to Art. 53 of the Listing Rules BCGE – An unprecedented half-year performance Geneva, 25 August 2026 – In the first half of 2026, BCGE delivered a record-high performance, with operating profit up 24.7% to CHF 138 million and net profit up 26.2% to CHF 119 million. This performance was driven by all of the Bank’s business lines. Assets under management and administration rose by 3.7% to CHF 41.9 billion. BCGE fully fulfilled its mission to support Geneva’s economy, with lending up 2.1% to CHF 21.8 billion. Shareholders’ equity continued to grow, reaching nearly CHF 2.6 billion (+2.6%) to provide an equity coverage ratio of 16.5%, well above the regulatory requirement of 12.7%. The Bank expects to improve upon its 2025 results this year. Its 2026 results will be published on 16 March 2027. Key consolidated figures for the first half of 2026 Results (in CHF thousands) 30.06.2026 30.06.2025 Change in 2026 vs. 2025 Operating income 310,467 276,480 33,987 12.3% Operating expenses 156,875 151,797 5,078 3.3% Operating profit 138,304 110,878 27,426 24.7% Half-year profit 118,585 94,000 24,585 26.2% ROE (return on equity in %) 9.48% 8.05% 143 basis points 17.7% Balance sheet volumes (in CHF thousands) 30.06.2026 31.12.2025 Change in 2026 vs. 2025 Total assets 35,563,210 34,905,076 658,134 1.9% Mortgage loans 15,416,177 14,948,433 467,744 3.1% Assets under management and administration 41,908,041 40,398,157 1,509,884 3.7% Shareholders’ equity 2,563,581 2,499,409 64,172 2.6% Tier 1 capital ratio 15.83% 16.08% -25 basis points -1.6% Ratio of regulatory capital available 16.48% 16.90% -42 basis points -2.5% Staff (full-time equivalents) 972 958 14 1.4% Record-high results driven by all of the Bank’s business lines. BCGE’s half-year results showed robust growth, with operating profit up 24.7% to CHF 138 million and net profit up 26.2% to CHF 119 million. These results – as well as the increase in revenues, which rose by 12.3% to CHF 310 million – reflect strong business momentum, as BCGE’s market share grew across its strategic business lines. All of the Bank’s core business segments contributed to this growth: net interest income was up 10.1% to CHF 181 million, fee and commission income rose by 11.1% to CHF 85 million, trading income increased 11.1% to CHF 23 million and other income was up 45.5% to CHF 21 million.
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BCGE’s international business activities remained strong, with 27.4% of revenue generated in EUR and USD. Expenses were under control, up only 3.3% to CHF 157 million. Investments continued to grow steadily and the Bank further improved its operational efficiency with a cost/income ratio of 50.5% (-4.4%). BCGE Group’s workforce consists of 972 full-time equivalents (+14). Lending on the rise, supported by a diversified loan portfolio Corporate and personal lending grew by 2.1% to CHF 21.8 billion, comprising CHF 15.4 billion in mortgage loans and CHF 6.4 billion in client loans. While mortgage loans increased by CHF 468 million, they only make up 43% of the balance sheet total, reflecting a high level of diversification in the Bank’s asset base. The Bank has over 258,000 clients, including 23,577 businesses that actively work with BCGE. Steady inflow of assets under management and administration The Bank continued to attract new assets under management and benefited from favourable market conditions. Assets under management and administration rose by 3.7% to CHF 41.9 billion, attesting to BCGE’s strong market position and confirming clients’ trust in the Bank. This growth is underpinned by an increase in asset management activities, business generated through independent asset managers and online trading activities. Shareholders’ equity as a growth driver Shareholders’ equity rose by CHF 64 million in the first half of the year and currently stands at CHF 2,564 million. This strong capital position underpins the Bank’s growth and lending activities. The Group’s consolidated equity ratio stands at 16.5%, well above the regulatory requirement of 12.7%. The Bank's AA-/A-1+/Stable rating from Standard & Poor's reflects its solid risk profile. BCGE’s share price approaches its underlying book value BCGE’s share price posted significant gains over the first half of the year, closing the period at CHF 34.0. This represents 95% of the share’s book value, which stood at CHF 35.6 as at 30 June 2026. The Bank’s free float remained stable, underpinned by nearly 15,000 individual and institutional shareholders. Outlook for 2026 The Bank expects to improve upon its 2025 results in 2026. For further information, please contact: Press Relations Investor Relations Gregory Jaquet Jérémy Linder +41 22 809 32 39 +41 22 809 38 11 gregory.jaquet@bcge.ch jeremy.linder@bcge.ch This press release is sent outside the opening hours of the Swiss Exchange (SIX) in order to comply with the ad-hoc publicity provisions of the Listing Rules. The information it contains reflects the state of affairs as at the date indicated in the introductory heading of this press release. Only the French version of this document is authentic. BCGE: We strive to fulfil the dreams of others Banque Cantonale de Genève (BCGE) was founded in 1816 as a universal bank and is part of the BCGE Group, which provides high- quality banking services to retail, corporate and institutional clients. The Group’s business lines include day-to-day banking services, private banking, asset management, investment funds, pension planning, mortgages, and corporate and public lending. The Group runs a trading room and offers services in financial engineering, business valuation and transfers, private equity and trade finance. The BCGE Group is based in Geneva and has offices in Zurich, Lausanne, Basel, Paris, Lyon, Annecy, Dubai and Hong Kong. It employs 972 people (full-time equivalents, as at 30 June 2026). BCGE is listed on the SIX Swiss Exchange (ISIN No.: 148 589 935) and is rated AA-/A-1+/stable by Standard & Poor’s (S&P).