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The latest update is out from Glarner Kantonalbank ( (CH:GLKBN) ).
Glarner Kantonalbank has once again been awarded a very strong AA long-term rating with a stable outlook and an A-1+ short-term rating by Standard & Poor’s, underscoring the bank’s first-class credit quality. The agency highlights the bank’s strong capitalization, its leading role in serving private and corporate customers in the Glarus region, and its close ties to the canton, supported by a state guarantee. Being counted among the best-capitalized banks worldwide rated by S&P reinforces Glarner Kantonalbank’s robust financial profile and supports confidence among investors and clients in the stability and resilience of its business model.
More about Glarner Kantonalbank
Glarner Kantonalbank is a Swiss cantonal bank headquartered in Glarus, focusing on private and corporate clients in the canton of Glarus and surrounding region. Benefiting from a state guarantee and strong regional anchoring, the bank operates with a solid capital base and is listed on the BX Berne eXchange and SIX Swiss Exchange.
Average Trading Volume: 6,661
Current Market Cap: CHF288.9M
Learn more about GLKBN stock on TipRanks’ Stock Analysis page.