Thurgauer Kantonalbank Income Statement

Financials in millions CHF. Fiscal year is January - December.

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	462.28	529.86	524.3	303.35	274.82	282.33
Interest Income on Investments	10.89	10.02	8.35	5.75	4.52	4.99
Total Interest Income	473.17	539.88	532.65	309.1	279.34	287.32
Interest Paid on Deposits	165.93	239.26	236.08	45.82	11.44	22.53
Net Interest Income	307.24	300.61	296.57	263.28	267.9	264.79
Net Interest Income Growth (YoY)	4.54%	1.36%	12.64%	-1.72%	1.17%	6.80%
Income From Trading Activities	43	44.97	61.42	40.98	29.7	26.15
Gain (Loss) on Sale of Assets	0.04	0.04	-	-	-	-
Gain (Loss) on Sale of Investments	-10	-10.72	-12.47	0.02	-11.3	0.03
Gain (Loss) on Sale of Equity Investments	-	-	-	-	1.96	-
Other Non-Interest Income	87.18	84.14	78.54	74.1	69.18	64.2
Total Non-Interest Income	122.16	120.41	129.37	117.18	91.52	92.38
Non-Interest Income Growth (YoY)	-4.14%	-6.93%	10.40%	28.04%	-0.93%	-1.93%
Revenues Before Loan Losses	429.4	421.02	425.94	380.46	359.42	357.17
Provision for Loan Losses	10.79	11.4	11.51	7.85	7.45	15.5
Revenue	418.61	409.62	414.43	372.61	351.97	341.67
Revenue Growth (YoY)	3.04%	-1.16%	11.22%	5.87%	3.01%	0.18%
Salaries and Employee Benefits	128.05	125.97	120.38	112.82	110.29	107.75
Occupancy Expenses	-	-	-	13.44	-	12.88
Selling, General & Administrative	66.18	66.48	65.73	58.93	58.52	56.6
Other Non-Interest Expense	52.74	45.41	55.21	28.31	27.41	25.58
Total Non-Interest Expense	246.98	237.86	241.32	213.5	196.22	202.8
EBT Excluding Unusual Items	171.63	171.76	173.1	159.11	155.75	138.87
Other Unusual Items	0.15	0.03	-0.02	0.73	0.11	0.12
Pretax Income	171.78	171.79	173.09	159.84	155.74	138.52
Income Tax Expense	14.36	13.77	14.14	12	10.19	-0.57
Net Income	157.42	158.02	158.95	147.85	145.55	139.08
Net Income to Common	157.42	158.02	158.95	147.85	145.55	139.08
Net Income Growth	-1.57%	-0.58%	7.51%	1.58%	4.65%	2.96%
Basic Shares Outstanding	20	20	20	20	20	20
Diluted Shares Outstanding	20	20	20	20	20	20
EPS (Basic)	7.87	7.90	7.95	7.39	7.28	6.95
EPS (Diluted)	7.87	7.90	7.95	7.39	7.28	6.95
EPS Growth	-1.57%	-0.58%	7.51%	1.58%	4.65%	2.96%
Dividend Per Share	3.400	3.400	3.300	3.100	3.100	3.000
Dividend Growth	3.03%	3.03%	6.45%	-	3.33%	7.14%
Effective Tax Rate	8.36%	8.02%	8.17%	7.51%	6.54%	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.