Advance information on the 2021 annual result
Vaduz, 20 January 2022. The LLB Group expects a net profit of approximately CHF 138 million for the 2021 business year (+26 % over the previous year).
The LLB Group’s successful growth momentum continued in the 2021 business year. In the second half of 2021, its business volume grew by a further CHF 4 billion to CHF 106 billion (31 December 2020: CHF 92.9 billion).
Operating income was CHF 476 million (2020: CHF 430.3 million). Operating expenses amounted to CHF 313 million (2020: CHF 306.7 million). Net profit rose to approximately CHF 138 million from CHF 109.8 million in the previous year. This reflects the growth momentum, the increased earnings quality in client business, as well as strict cost management.
The figures have not yet been audited. The LLB Group will present its audited accounts and its financial report on 25 February 2022. The annual report of the LLB Group will be published on 25 March 2022.
Brief portrait
Liechtensteinische Landesbank AG (LLB) is the longest established financial institute in the Principality of Liechtenstein. The majority of the company’s share capital is held by the Principality of Liechtenstein. LLB’s shares are listed on the SIX Swiss Exchange (symbol: LLBN). The LLB Group offers its clients comprehensive wealth management services as a universal bank, in private banking, asset management and fund services. With 1'213 employees (full-time equivalent positions), LLB is represented in Liechtenstein, Switzerland, Austria, Germany and the United Arab Emirates. As per 31 December 2023, the business volume of the LLB Group stood at CHF 102.2 billion.
Important dates
- 23 April 2024, ex-dividend date
- 25 April 2024, distribution dividend
- 26 August 2024, presentation of 2024 interim business result
Contact
Liechtensteinische Landesbank AG
Dr. Cyrill Sele
Head of Group Corporate Communications & Sustainability
Telephone +423 236 80 99
Internet llb.li
