The current PostFinance Ltd Interim Report
The first half of 2025 saw something of a new development for PostFinance: an SNB policy rate of 0 percent for the first time since the interest rate turnaround began. For PostFinance, this means that interest income is falling and expectations for future income are lower. At the same time, geopolitical tensions, volatile markets and stricter regulation are having a significant impact on our result.
In the first six months of the year, PostFinance generated profit as per the accounting rules for banks (ARB) of 110 million francs. This represents an increase of 46 million francs compared with the prior-year period. Net interest income was higher due to changes in the interest rate environment, value adjustments in our investment portfolio in the prior-year period and a one-off positive changeover effect. Other operating income and operating expenses also declined as a result of the transfer of Postomat operations to PostalNetwork. Personnel expenses increased due to a higher headcount, higher expenses for employee benefits and increased salary costs. Strategically, PostFinance continues to invest in the simplification and digitization of processes for the benefit of private and business customers. This approach and a focus on achieving the greatest possible impact in terms of the strategy will continue to be consistently implemented. Expenses in operations and for projects were reduced accordingly. The sale of a participation generated extraordinary income of 36 million francs in the previous year. No participations were sold in the first half of 2025.
Despite the challenging environment, PostFinance has a clear strategic focus. With the new organizational structure taking effect in December 2025 and a sharper focus on non-interest income and customer centricity, we are creating the conditions for stability and impact.