Revenue Stability
Group revenue essentially stable, down only 0.4% year-over-year, reflecting resilience across business lines.
Solid Net Profit
Net profit of CHF 430 million, only 2% below prior year (2024 was the second-best result in BCV history), demonstrating strong profitability in a challenging interest-rate environment.
Dividend Maintained
Proposed dividend of CHF 4.40 per share, unchanged from prior year, reflecting a conservative but shareholder-friendly distribution policy.
Commission Growth Partially Offsetting NII Decline
Net interest income (NII) declines were largely offset by higher commissions: NII before loan impairments fell by about CHF 26–31 million while commissions rose by approximately CHF 25 million.
Wealth & Trading Performance
Wealth management, trading and structured products performed well: trading income reported at CHF 195 million (stable year-over-year) and business-level trading income up to CHF 106 million from CHF 99 million (≈+7%).
Net New Money and AUM Growth
Net new money of CHF 3.8 billion and favorable market performance of CHF 6 billion; assets under management up about 8%.
Strong Capital and Liquidity Metrics
CET1 ratio at a robust 18% (Basel final provided a positive uplift of ~1.4 percentage points), shareholder equity approaching CHF 4 billion, LCR and NSFR at comfortable levels.
Retail & Mortgage Volume Growth
Retail banking volumes increased: mortgage loans up ~5% and customer deposits up ~4% in key segments; overall volume categories (mortgage, other loans, deposits, AUM) showed increases generally between 2% and 6% depending on segment.
Higher HQLA / Liquidity Reserve
Financial investments held for liquidity (HQLA) increased by CHF 1.3 billion as part of a deliberate liquidity strategy; customer deposits up 0.6%.
COVID-19 Bridge Loan Recoveries
90% of COVID-19 bridge loans repaid (81% by customers, 9% by the confederation), leaving limited residual exposure and signaling better-than-expected recovery in that program.