Switzerland's Leonteq posts FY 2025 net loss on lower fee income

Leonteq AG

12/02/2026 05:39

Overview

Swiss fintech firm's FY 2025 net loss due to lower fee income and trading results

Company maintained strong CET1 ratio of 16.9%

Felix Oegerli nominated as new Chairman, pending election at 2026 AGM

Outlook

Leonteq expects positive pre-tax results for H1 and full-year 2026

Revenue growth in 2026 driven by recurring fee income and market expansion

Operating expenses projected at CHF 200 mln for 2026

Result Drivers

LOWER FEE INCOME - Leonteq's net fee income declined significantly, impacting overall operating income

EXPENSE REDUCTION - Operating expenses decreased by 11% due to reduced personnel expenses and lower provisions

CLIENT MOMENTUM - Improved client business momentum in H2 2025, despite lower market volatility affecting hedging contributions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Turnover
CHF 28.30 bln
FY Net Income
-CHF 33.70 mln
FY Operating Expenses
-CHF 205 mln
FY Operating Income
CHF 172.30 mln


Analyst Coverage

The one available analyst rating on the shares is "hold"

The average consensus recommendation for the financial technology (fintech) peer group is "buy."

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nEQ3SjCzYa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)