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LLB Annual Report 2024 de

Information unaudited Information ungeprüftConsolidated income statement

in CHF thousands

Note

2024

2023

+/- %

Interest Income

1

496’874

458’383

8.4

Interest expenses

1

– 362’772

– 293’991

23.4

Net interest income

1

134’103

164’393

– 18.4

Expected credit losses

9’228

– 199

Net interest income after expected credit losses

143’331

164’193

– 12.7

Fee and commission income

2

347’688

327’242

6.2

Fee and commission expenses

2

– 133’692

– 127’197

5.1

Net fee and commission income

2

213’996

200’045

7.0

Net trading income

3

199’854

173’171

15.4

Net income from financial investments

4

6’231

7’262

– 14.2

Other income

5

2’375

– 2’904

Total operating income

565’788

541’768

4.4

Personnel expenses

6

– 234’715

– 209’463

12.1

General and administrative expenses

7

– 98’445

– 99’936

– 1.5

Depreciation

8

– 36’352

– 39’006

– 6.8

Total operating expenses

– 369’512

– 348’405

6.1

Operating profit before tax

196’275

193’363

1.5

Tax expenses

9

– 29’035

– 28’630

1.4

Net profit

167’240

164’733

1.5

Of which attributable to:

Shareholders of LLB

167’106

164’570

1.5

Non-controlling interests

32

133

163

– 18.1

Earnings per share attributable to the shareholders of LLB

Basic earnings per share (in CHF)

10

5.47

5.37

1.9

Diluted earnings per share (in CHF)

10

5.45

5.34

2.0