Luzerner Kantonalbank AG

LUKN

Equity

ISIN CH1252930610 / Valor 125293061

SIX Swiss Exchange (2026-05-05)

CHF 101.70-1.55%

Luzerner Kantonalbank AG
UMushroom community rating:

4.00 1 votes No rating yet

NegativeNeutralPositive

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: Finance

Consolidated profit

Consolidated profit: CHF 295.5 million (+3.1% vs. 2024), the highest result in LUKB's history; operating profit up 5.0% year-on-year.

Income pillars

Interest income: CHF 458.1 million (+3.2%). Commission & service income: CHF 143.2 million (+10.1%). Net trading income: CHF 76.0 million (+34.5%). Total operating income: CHF 691.0 million (+6.2%). Non-interest income: CHF 232.9 million (well above the 2025 target).

Lending, AUM and net new money

Loans to clients: CHF 46.4 billion (+6.9%); mortgages CHF 40.9 billion (+7.0%). Assets under management: CHF 42.601 billion. Net new money: CHF 1.285 billion; new money in advisory/asset management mandates: CHF 1.1 billion.

Capital position & efficiency

Core capital ratio (CET1): 14.7% (up from 13.9% at end‑2024). Total capital ratio: 20.6%. Cost‑income ratio: 46.1% (stable). Headcount: 1,206 FTE; operating expenses CHF 326.4 million (+6.5%).

Shareholder distribution & public benefit

Board proposes distribution of CHF 2.70 per registered share (one half dividend, one half tax‑exempt distribution from capital reserves); payout ratio 45.2%. Canton of Lucerne to receive CHF 100.8 million in total benefit (dividend, taxes, compensation).

Outlook and 2026 targets

2026 guidance: consolidated profit of at least CHF 295 million; non‑interest income ≥ CHF 240 million; performance‑adjusted net growth in advisory/asset management mandates ≥ CHF 1.2 billion; lending growth 3.5%–5.5%; maintain cost‑income ratio <50%. Long‑term (2030) ambitions include consolidated profit > CHF 340 million and non‑interest income > CHF 310 million.

Summarized from source with an LLMView Source

Key figures

44.9%1Y

28.8%3Y

19.6%5Y

Performance

15.0%1Y

14.4%3Y

13.4%5Y

Volatility