Bank Frick achieves half-year profit of 4.3 million francs
Bank Frick generated a net profit of 4.3 million francs in the first half of the year. As a result, the bank met its financial targets and remains on track to achieve its full-year profit guidance of 8.4 million francs.
With a net profit of 4.3 million francs, Bank Frick met its budgeted targets. “The first-half result is in line with our expectations. Our diversified business model provides a solid foundation, even in a challenging market environment,” notes CEO Edi Wögerer.
Costs and revenues
Total net income for the first half-year stood at 37.7 million francs, down approximately 18.4% compared with the same period last year. While net fee and commission income rose slightly to 10.2 million francs, net trading income (CHF 10.4 million) and net interest income (CHF 17.1 million) had a dampening effect.
The first half was characterised by lower client deposits and a reduced loan portfolio. Market performance and heightened competition in the crypto market also impacted the income position. Solid cost performance contributed to the stable result.
Assets under management and net new money
As at the half-year reporting date, Bank Frick managed client assets of 6.9 billion francs, compared with 7.6 billion francs at year-end. Market movements, foreign exchange effects, and net new money outflows from individual clients (CHF -485 million) contributed to the decline of approximately 9%. At the same time, the asset base remains strong, forming a good foundation for B2B business across both traditional and blockchain banking.
Outlook for the second half of the year
For the second half of the year, Bank Frick continues to expect an environment shaped by geopolitical uncertainties and high market volatility. “Our diversified revenue base provides a sound foundation. We are reaffirming our full-year profit guidance of around 8.4 million francs,” says CFO Melanie Mündle.
About Bank Frick
Bank Frick is a pioneer of regulated blockchain banking and was the first bank in Europe to offer such services in 2018. In addition to traditional banking, it has deep expertise in innovative areas: it tokenises assets, develops fund solutions and supports capital market issuances. Another strength lies in credit card acquiring. Bank Frick is the only Liechtenstein bank with acquiring licences from Visa and Mastercard, enabling it to process card payments for payment service providers and their online merchants worldwide. In 2025, Bank Frick also obtained the internationally recognised ISO 27001 certification, demonstrating its strong commitment to the highest information security standards.
Bank Frick has been family-owned since it was established in 1998. It employs some 300 people in Balzers and also operates a branch in London as well as a branch in Dubai (DIFC). Bank Frick impresses with its innovative strength and ability to translate regulatory requirements into marketable products at an early stage. It maintains close partnerships with fintechs and positions itself as a bridge-builder between the traditional financial world and digital business models.
Would you like to find out more?
Related Articles
Thomas Aebli joins Bank Frick’s Board of Directors
Bank Frick has expanded its Board of Directors with the appointment of Thomas Aebli. Bringing over 15 years of executive leadership experience from regulated Swiss financial institutions, Aebli’s commercial focus and product specialisms will support the Bank’s strategic positioning.
Bank Frick reports net profit of 9.2 million francs
In a challenging market environment, Bank Frick generated a profit of 9.2 million francs in 2025 and slightly exceeded its budgeted targets. Through targeted investments in strategic projects, products, and personnel, the Bank continued to pursue its growth strategy.
Bank Frick expands its Board of Directors with Marzia Thüring-Menegon
At the proposal of the Chair of the Board of Directors, Dr Mario Frick, the Annual General Meeting of Bank Frick appointed an additional board member. With Marzia Thüring-Menegon, the Bank gains the Board of Directors’ preferred candidate, who will reinforce the strategic direction with her experience particularly in payment transactions, IT and transformation.
Bank Frick awards architecture contract for new head office
Bank Frick has closed the architectural competition for its new head office in Unterbendern. It will realise the designs of a planning team led by Bernardo Bader Architekten – with construction to begin in early 2028.
Bank Frick receives licence and opens branch in Dubai
Bank Frick has received its requested licence from the Dubai Financial Services Authority (DFSA) for a branch in Dubai. This strengthens its position as a product leader and enables it to tap into the strong growth potential of this financial centre.
Bank Frick is playing in the Champions League with its offering for its employees
In Space 4U, Bank Frick has created a place where employees can come together across departments, try out new things and inspire one another. Be it exercise, creativity or shared experiences: the offering is diverse and actively shaped by employees. A multifunctional room offers contemporary training facilities and space for creative exchange. Experts agree: this makes Bank Frick a pioneer throughout Switzerland and Liechtenstein.
Bank Frick extends its sponsorship of the LieMudRun by five years
Almost all tickets for this year’s LieMudRun were already sold out. Due to the continued high demand and great popularity of the obstacle run, Bank Frick is extending its sponsorship for another five years.
Bank Frick wins two Gold Dolphins in Cannes
Bank Frick bags two awards at the Cannes Corporate Media & TV Awards 2025 with its “Doing things differently” corporate film.
Bank Frick generates net profit of 4.5 million francs
Bank Frick generated a net profit of 4.5 million francs in the first half of 2025. It is thus achieving its budget targets and generating stable income in a difficult market environment. This performance confirms that the Bank is on the right track: Bank Frick is still forecasting an annual profit of 9 million francs.
Bank Frick achieves good annual results of 9.5 million francs
Bank Frick achieved good results in the 2024 financial year with a net profit of 9.5 million francs and continued its growth and investment strategy. In addition to net new money of 732 million francs, client assets under management also developed very well, recording strong growth of 37.62 percent.