Brief: Luzerner Kantonalbank Consolidated Profit After First Nine Months Up 9.1% Y-O-Y

Luzerner Kantonalbank AG

25/10/2024 05:40

Oct 25 (Reuters) - LUZERNER KANTONALBANK  LUKN.S :
    * REPORTS CONSOLIDATED PROFIT OF CHF 216.0 MLN AFTER FIRST
NINE
MONTHS OF 2024, UP 9.1% Y-O-Y
    * 9M NET INTEREST INCOME CHF 328.0 MLN, UP 4.7% Y-O-Y
    * TRADING RESULT DOWN CHF 45.3 MLN 8.5% Y-O-Y
    * EXPECTS CONSOLIDATED PROFIT "AT THE TOP MARGIN" OF PROFIT
FORECAST
    * ANNOUNCES THREE GROWTH TARGETS FOR 2025
    * TARGET 2025: NEW MONEY IN MANDATED INVESTMENT BUSINESS
HIGHER
THAN CHF 1 BLN
    * TARGET 2025: NON-INTEREST INCOME HIGHER THAN CHF 215 MLN
    * TARGET 2025: LOAN GROWTH 2.00% TO 3.75% 

        
 Further company coverage:  LUKN.S  

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