As part of Swiss Post’s annual results presented on Thursday, Postfinance also published its 2025 annual report. As in previous years, the systemically important bank remains a key pillar for the group. Swiss Post’s profit declined by 20 million francs to 315 million francs. Group CEO Pascal Grieder said: «Without the contribution from Postfinance, the group’s operating result would be close to break-even.»

Postfinance reported a profit of 282 million francs, compared with 120 million francs in the previous year. The number of clients declined slightly, from 2,40 million to 2,39 million, while client assets increased from 106,6 billion to 112,8 billion francs, of which 20,3 billion and 23 billion francs respectively are attributable to interest-insensitive business. The balance sheet total remained close to the previous year’s level at 104,4 billion francs (previous year: 104,8 billion francs). The number of employees decreased slightly from 3’527 to 3’464.

In interest business, Postfinance increased net income from 457 million to 583 million francs. In contrast, and somewhat counter-cyclical given the strong stock market performance, income from commission and services business declined from 404 million to 343 million francs. Trading income was also slightly lower at 216 million francs, compared with 230 million francs the previous year.

Yuh and Swissquote Generate Extraordinary Income

While personnel expenses rose from 509 million to 527 million francs, operating expenses declined significantly from 500 million to 408 million francs. Operating profit doubled to 222 million francs. The cost-income ratio improved from 84,1 percent to 74,6 percent.

In 2025, Postfinance expanded its offering with passive pension funds, fractional trading and an expanded range of cryptocurrencies including staking. At the same time, the bank divested its stake in Yuh for strategic reasons. Together with the sale of Swissquote shares – reducing its stake from 5 percent to 1,5 percent – this generated extraordinary income of 285 million francs, far above the previous year’s level of 39 million francs. Without this one-off effect, the bank might not have posted a profit at all.

Requests Addressed to Finma

Changes in payment behaviour are also reflected in the annual report. Counter cash deposits declined by 10 percent in 2025, while cash withdrawals fell by 8 percent. This partly explains the decline in commission and services income.

With regard to the revision of Switzerland’s too-big-to-fail regulation, Postfinance is calling for «criteria such as business model, risk profile and company size to be appropriately taken into account, and for existing legal requirements to remain in place.»