LGT Reports 17% Rise in First-Half Profit with Record Assets Under Management
LGT Group reported first-half profit of SFr281.6 million for the period ending June 30, 2026, representing a 17% increase compared to the same period last year. The group's assets under management reached a record level of SFr412.6 billion during this time, driven by net new inflows of SFr12.3 billion and an annualised growth rate of 6.4%. Despite geopolitical tensions and economic uncertainty in financial markets, LGT recorded positive returns across the first half. Operating income for the group rose to SFr1.49 billion year-on-year (+5%), with trading and other operating income up by 1% to SFr325.9 million while net interest income declined slightly (-2%) to SFr156.6 million. Operating expenses increased modestly by 2%, reaching SFr1.09 billion in the first half of 2026. LGT remains optimistic for the remainder of the year, with expansion efforts ongoing across Europe, Australia and Asia. The group has also strengthened its venture capital platform through the addition of Sapphire Partners' core team.
Topics: assets_under_management financial_performance profit