Leonteq Achieves Profitability in First Half of 2026

Leonteq AG recorded a return to profitability in the first half of 2026, aligning with its prior guidance. The company's total operating income was CHF 111.6 million, reflecting a 10% increase in net fee income alongside positive contributions from hedging activities. Operating expenses decreased by 10% year-on-year, amounting to CHF 99.2 million following a cost-programme initiation. This led to a significant 37% rise in group net profit, reaching CHF 12.7 million.

The firm's "Resize, Optimise, Expand" strategy spurred growth across all regions, notably with a 57% rise in fee income from Asia and the Middle East. Platform turnover increased by 10% to CHF 15.9 billion, with net new money growing at an annualised rate of 9%. The company also progressed its retail flow business, witnessing a turnover increase to CHF 170 million.

Looking forward, Leonteq aims to maintain its strategic focus on growth, with plans for a share buyback in early 2027, contingent on sustaining a CET1 ratio above 15%.