Leonteq Reports 2025 Loss, Nominates New Chairman

Leonteq AG released its full-year 2025 results, disclosing a loss attributed to reduced net fee income and trading results. Despite these challenges, the company maintained a robust CET1 ratio of 16.9% and initiated cost-cutting measures. The latter half of 2025 saw increased client engagement, aiding in a CHF 90.5 million net fee income for the second half. The first half saw positive hedging, yet this reversed as market volatility diminished.

Operating income stood at CHF 172.3 million, a decline from the previous year, while expenses were reduced by 11% to CHF 205 million. In light of these outcomes, the board decided against a 2025 dividend, opting instead for a share buyback in 2027, contingent on capital framework optimization.

In strategic developments, Felix Oegerli is slated to be the new Chairman, pending approval at the 2026 AGM. Leonteq aims for profitability in 2026, focusing on expanding its retail flow business and enhancing its product offerings.