LGT Group reported a 17% increase in net profit for the first half of 2026, rising to 281.6 million Swiss francs from the same period a year earlier. The Liechtenstein-based private bank, owned by the Princely House of Liechtenstein, attributed the gain to a 5% rise in total revenues to 1.49 billion francs and disciplined cost management.
Revenue growth was driven primarily by a 7% increase in commission and service income, reflecting higher client activity, while net interest income edged up 1% and trading income rose marginally by 1%. Operating expenses increased by 2%, outpaced by revenue growth.
Net new money inflows totaled 12.3 billion francs, translating to an annualized growth rate of 6.4%. Contributions came from both private banking and asset management segments. Assets under management expanded by 7% to a record 412.6 billion francs, supported by net inflows, strong market and investment performance, and favorable currency effects.
LGT highlighted ongoing efforts to consolidate its global presence in existing markets and realize synergies from recent growth and technology investments. The bank noted that while it remains optimistic, geopolitical uncertainty and volatile financial market conditions continue to pose challenges to forward planning.
