PostFinance reported a first-half net profit of 103 million Swiss francs for 2026, down 7 million francs or 6.3% from the prior-year period. Operating profit fell to 113 million francs from 134 million francs, while revenue declined to 613 million francs from 649 million francs, according to figures released on Thursday.
Customer assets under management rose 3.7 billion francs to 117.5 billion francs since year-end 2025, with non-interest-bearing assets increasing 9% to 25.3 billion francs. New inflows into investment products doubled year-over-year to 500 million francs, driven by demand for asset-management services, E-trading and the PostFinance Debit Card.
Net interest income, the bank’s largest revenue source, declined 34 million francs to 285 million francs. PostFinance noted that a one-time gain of 37 million francs in the prior-year period had artificially boosted the comparison. Adjusting for that effect, net interest income edged higher, the bank said.
Commission and service income rose to 171 million francs from 168 million francs, while trading income increased to 107 million francs from 103 million francs. Costs fell 11 million francs to 466 million francs, attributed to organizational restructuring and tighter spending controls. The branch-based payment business remained a drag, posting a 65 million-franc loss.
PostFinance completed the full divestment of its stake in Swissquote during the period, following an initial reduction in December 2025. The bank also allocated 60 million francs to general banking risk reserves, leaving its total capital ratio at 27.6%—well above regulatory requirements.
The bank will reorganize its executive management in 2027, splitting Risk and Compliance & Legal into separate units with dedicated board-level representation. Heidi Steiger will continue to lead Risk, while a new executive will be appointed to head Compliance. Sandra Lienhart will step down from the executive board in spring 2027 but remain with the company.
