Banking Barometer 2026 (Swiss Bankers Association)

Summary

• In 2025, real growth of the Swiss economy reached 1.5%, remaining below its multi-year average.p.3
• The consolidated result of banks in Switzerland rose by 5.8% compared to 2024 to reach a historic peak of CHF 73.8 billion.p.4
• Annual net profit of the Swiss banking sector increased by 16.3% to CHF 20.6 billion in 2025.p.4
• Total consolidated balance sheets of all banks in Switzerland decreased slightly by 0.9% in 2025 to CHF 3 191.3 billion.p.4
• Assets under management grew by 4.8% in 2025 to reach a record amount of CHF 9 729 billion.p.5
• At the end of 2025, banks in Switzerland employed 92 002 full-time equivalents, which is 2 345 fewer than a year earlier.p.5
• Assets under management crossed the CHF 10 000 billion mark for the first time during the first semester of 2026, reaching CHF 10 119.5 billion.p.8

Key insights

1. The Swiss Federal Council's Bank Stability project focuses on updating regulatory requirements across capital, liquidity, corporate governance, and resolution.p.4
2. Commission business and service operations grew by 6.5% to CHF 21.8 billion, acting as the primary contributor to consolidated results.p.16
3. Mortgage claims remained the largest asset class on bank balance sheets in 2025, representing 39.6% of total bank assets.p.24
4. Client deposit accounts represented 59.5% of total bank liabilities at the end of 2025.p.30
5. Cantonal banks maintained the largest market share in the Swiss domestic mortgage market at 40.4%, followed by big banks at 22.7%.p.29
6. Securities portfolios held in custody for clients accounted for approximately 88% of total assets under management in 2025.p.36
7. The Swiss franc remained the primary currency of investment in client custody accounts, accounting for 52.0% of total holdings at the end of 2025.p.39
8. Job reductions of 2 345 full-time positions in 2025 occurred exclusively within big banks, while all other bank categories increased headcount.p.41