VP Bank AG

Latest Results (18.09.2025):

VP Bank AG has reported its semi-annual financial results for the first half of 2024, recording a group net income of CHF 18.5 million. The bank remains on track with its efficiency measures aimed at enhancing operational performance and accelerating growth.

Net New Money Inflow

Adjusted for forced outflows and write-offs totaling CHF 1.2 billion, VP Bank AG achieved a net new money inflow of CHF 1.7 billion, reflecting a growth rate of 3.6 percent.

Client Assets Under Management

Client assets under management saw a significant increase of 9.5 percent, reaching CHF 50.7 billion.

Loan Volume Growth

The loan portfolio expanded by 8.7 percent, rising from CHF 5.5 billion at the end of 2023 to CHF 5.9 billion.

Operating Income Decline

Operating income decreased by 9.3 percent to CHF 330.5 million, primarily due to a 23.5 percent drop in net interest income. However, the decline moderated in the second half of the year.

Cost Reduction Efforts

Operating expenses were reduced by 1.7 percent to CHF 308.3 million, including restructuring and one-off pension fund expenses. Excluding these, costs fell by 5.2 percent.

Strong Capitalisation and Liquidity

VP Bank AG maintains a robust capital position with a tier 1 ratio of 25.9 percent and a liquidity coverage ratio of 165.3 percent.

Efficiency Measures Progress

The bank is progressing with its efficiency measures, aiming to achieve a minimum cost reduction of CHF 20 million by the end of 2026, which is expected to improve the cost/income ratio to 93.3 percent by the end of 2024.

Proposed Dividend

The Board of Directors has proposed a dividend payout of CHF 4.00 per registered share A and CHF 0.40 per registered share B for the annual general meeting on April 25, 2025.