Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Thurgauer Kantonalbank ( (CH:TKBP) ) has shared an announcement.
Thurgauer Kantonalbank reported a solid half-year performance in 2025, with business success rising by 5 percent compared to the previous year. The bank saw growth in customer loans and revenues, with a notable increase in mortgage volumes and managed customer assets. Despite a slight dip in half-year profit, the bank maintained a strong operational performance, supported by increased revenue in interest and commission businesses. TKB is implementing organizational changes to strengthen its position in investment and pension banking, aiming to enhance digitalization and internal collaboration without altering its workforce size.
More about Thurgauer Kantonalbank
Thurgauer Kantonalbank (TKB) is a prominent financial institution in Switzerland, serving as the market leader in Thurgau. Established in 1871, it offers a wide range of financial services to private individuals, companies, businesses, and the public sector. TKB is a significant employer in the region, with 900 employees, and is actively involved in community sponsorships. The bank is owned by the Canton of Thurgau and holds a strong credit rating from S&P Global Ratings.
Average Trading Volume: 1,231
Technical Sentiment Signal: Buy
Current Market Cap: CHF636M
Learn more about TKBP stock on TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money