Luzerner Kantonalbank AG
LUKN
ISIN CH1252930610 / Valor 125293061
Luzerner Kantonalbank AG
UMushroom community rating:
About company
Luzerner Kantonalbank AG (LUKB), established in 1850, is a prominent financial institution in Canton Lucerne, Switzerland, and ranks among the country's ten largest banks. As a full-service bank, LUKB provides a comprehensive range of financial services, including real estate and business financing, pension provision, and asset advisory and management. The bank is particularly recognized for its strong relationships with small and medium-sized enterprises (SMEs) in German-speaking Switzerland, bolstered by a state guarantee that enhances its credibility and trustworthiness. LUKB Expert Fondsleitung AG, a subsidiary, specializes in investment fund administration, offering services such as fund issuance and management in compliance with the Swiss Collective Investment Schemes Act. Since 2001, LUKB has operated as a joint stock company, with Canton Lucerne holding a majority stake of approximately 61 percent, while the remaining shares are publicly owned. The bank's extensive network includes 23 branches, ensuring a significant presence in the region, and it maintains a robust financial standing with a balance sheet totaling 59.46 billion Swiss Francs and equity capital exceeding 3 billion Swiss Francs.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (23.02.2026):
Luzerner Kantonalbank AG — results for the first to third quarter of 2025: consolidated profit was CHF 223.3 million (up 3.4% year‑on‑year) on operating income of CHF 516.2 million (up 6.8%). Growth came from all main income pillars (interest, commission and trading), the cost‑income ratio remained low at 46.2%, and the bank has raised its 2025 consolidated profit forecast to “slightly higher” than 2024 (2024: CHF 286.6 million).
Consolidated profit
Consolidated profit after nine months: CHF 223.3 million (+CHF 7.3m; +3.4% vs. 9M 2024). Operating result after three quarters: CHF 252.4 million (+6.4%).
Income mix and growth
Operating income CHF 516.2 million (+6.8%). Net result from interest operations CHF 346.2 million (+5.6%), commission & services CHF 105.0 million (+9.5%), trading and fair value CHF 55.8 million (+23.3%).
Interest environment and lending
Policy rate cut to 0% in June 2025, but net interest income proved resilient (only CHF 3.5m QoQ decline into Q3). Loans to clients increased by CHF 1,761 million since start of year (+4.1%).
Wealth management and client assets
New money in advisory/asset management mandates CHF 882 million (near annual target >CHF 1bn). Client assets under management CHF 41.081 billion (up CHF 1.592 billion, including performance).
Costs and efficiency
Operating expenses CHF 241.5 million (+6.0%); personnel expenses CHF 163.0 million (+4.5%); headcount at 1,218.5 FTE (+37.5 FTE YTD). Cost‑income ratio 46.2%, below the ≤50% strategic target.
Capital & risk metrics
CET1 ratio 14.3% (vs 13.9% at 31 Dec 2024); total capital ratio 20.2%; leverage ratio 7.8%. Impairments remain at a very low level.
Outlook
LUKB raised its 2025 consolidated profit forecast to be slightly higher than 2024 (2024: CHF 286.6 million), citing resilient net interest income, diversified income growth and low impairments despite weaker policy rates and higher uncertainty.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
6575 M
Market cap (USD)
10,152
Daily traded volume (Shares)
63.6 / 63
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
Vincenzo Amedeo Lo Manto
EQUITIES OF THE SAME SECTOR
