
Swiss National Bank confirms CHF81 billion profit in 2024

The Swiss National Bank (SNB) has confirmed that it recorded a profit of CHF80.7 billion ($89.5 billion) for 2024. As previously announced, it will resume distributions to the federal government and cantons, amounting to CHF3 billion.
+Get the most important news from Switzerland in your inbox
The SNB’s final profit for 2024 is slightly higher than reported at the beginning of the year. In detail, the Swiss central bank made a profit of CHF67.3 billion on its foreign currency positions and CHF21.2 billion on its gold holdings, but a loss of CHF7.4 billion on its Swiss franc positions. Meanwhile, operating expenses amounted to CHF400 million.

More
Swiss central bank chief rejects holding bitcoin in reserves
After allocating CHF11.6 billion to the provisions for currency reserves and taking into account the negative distribution reserve of CHF53.2 billion, this results in a balance sheet profit of CHF15.9 billion.
This enables a dividend payment of CHF15 per share and a profit distribution to the federal government and cantons amounting to CHF3 billion. After these payments, the distribution reserve will amount to CHF12.9 billion.
Adapted from German by DeepL/sb
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.
If you want to know more about how we work, have a look here, if you want to learn more about how we use technology, click here, and if you have feedback on this news story please write to english@swissinfo.ch.

In compliance with the JTI standards
More: SWI swissinfo.ch certified by the Journalism Trust Initiative
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.