Switzerland · Delayed Price · Currency is CHF Cembra Money Bank AG Earnings Call Transcripts
Fiscal Year 2026
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Net income rose 6% to CHF 92.3 million, with improved cost efficiency and stable NIM at 5.4%. The acquisition of Santander's Swiss auto financing business will add scale and is expected to be EPS accretive from 2027, with a strong capital position maintained.
Fiscal Year 2025
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Net income rose 5% to CHF 180 million, driven by efficiency gains and strategic focus on secured lending. Cost-income ratio improved to 45.2%, with further cost reductions and stable margins expected in 2026. Dividend increased and capital position remains strong.
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Net income rose 11% year-over-year, with improved ROE and cost-income ratio, driven by efficiency gains and stable revenues. Guidance for 2025 and 2026 is reaffirmed, with continued focus on quality growth, innovation, and capital management.
Fiscal Year 2024
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Record 2024 results with net income up 8% and net revenue up 7%, driven by strong net interest margin and payments growth. Cost-to-income ratio improved to 48.1%, with further efficiency gains and asset growth targeted for 2025. Dividend up 6% to CHF 4.25.
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Net income rose 4% to CHF 78.3 million and revenues grew 6% in H1 2024, driven by repricing, selective growth, and strong payments performance. Cost income ratio improved, loss rate normalized to 1%, and midterm targets, including a 5.5% NIM and dividend policy, are confirmed.