LLB Group Registers Record Growth in 2024

On 21 February 2025, Liechtensteinische Landesbank (LLB) reported significant growth in 2024, marking its best performance in 15 years. The business volume surpassed CHF 110 billion, achieving CHF 113.5 billion—a new record. Client assets rose to an unprecedented CHF 97 billion. The bank benefited from substantial new money inflows of CHF 2.8 billion and a 7.4% increase in loans.

Operating income recorded a 4.4% increase, amounting to CHF 565.8 million. However, operating expenses surged by 6.1%, primarily due to increased personnel costs. Despite the higher expenditure, the group net profit reached CHF 167.2 million, up by 1.5% compared to the previous year.

The bank plans a dividend increase from CHF 2.70 to CHF 2.80 per share, resulting in a 4% dividend yield. Moving forward, LLB anticipates a lower business result in 2025 due to integration costs from its expansion strategy.