The Swiss National Bank published provisional 2025 annual result figures indicating a profit in the order of CHF 26 billion, enabling a CHF 15 per share dividend and a profit distribution of CHF 4 billion to the Confederation and the cantons. The result includes a loss of around CHF 9 billion on foreign currency positions, a valuation gain of CHF 36.3 billion on gold holdings, and a CHF 0.9 billion loss on Swiss franc positions. The allocation to provisions for currency reserves is set at CHF 12.7 billion; after taking into account the distribution reserve of CHF 12.9 billion, net profit is expected to be around CHF 26 billion. Distribution will follow the 29 January 2021 agreement between the Federal Department of Finance and the SNB, with one-third of the CHF 4 billion paid to the Confederation and two-thirds to the cantons; the distribution reserve is projected to stand at around CHF 22 billion after the payments. The SNB will release definitive annual result figures on 2 March 2026 and publish its Annual Report on 17 March 2026.
Swiss National Bank 2026-01-09
Swiss National Bank expects around CHF 26 billion profit for 2025 and plans CHF 4 billion distribution to Confederation and cantons
The Swiss National Bank reported provisional 2025 annual results with a profit of approximately CHF 26 billion, enabling a CHF 15 per share dividend and a CHF 4 billion distribution to the Confederation and cantons. The results include a CHF 9 billion loss on foreign currency positions, a CHF 36.3 billion gain on gold holdings, and a CHF 0.9 billion loss on Swiss franc positions, with definitive figures to be released on 2 March 2026.