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March 31, 2015 11:33 PM ET

Banks

Company Overview of Luzerner Kantonalbank AG

Company Overview

Luzerner Kantonalbank AG provides retail, corporate, and private and institutional banking services in Switzerland and internationally. It focuses on basic banking services, including supply of cash, savings accounts, and credit cards; mortgages; financing for small and medium-sized businesses; and wealth management advice. The company also offers various private banking services comprising financial planning and investment management services; portfolio management; investment advice; securities trading; precious metals; derivatives; formation and administration of establishments, anstalts, and trusts; advice and support in the executorship of wills and administration of estates; and payment...

Pilatusstrasse 12

Postfach

Luzern,  6002

Switzerland

Founded in 1850

Phone:

41 84 482 28 11

Fax:

41 41 206 20 90

Key Executives for Luzerner Kantonalbank AG

Luzerner Kantonalbank AG does not have any Key Executives recorded.

Luzerner Kantonalbank AG Key Developments

Luzerner Kantonalbank AG, 2014 Earnings Call, Feb 03, 2015

Luzerner Kantonalbank AG, 2014 Earnings Call, Feb 03, 2015

Luzerner Kantonalbank Names Daniel Salzmann as its New CEO, Effective July 1, 2014

Luzerner Kantonalbank AG named Daniel Salzmann as its new CEO, effective July 1. Salzmann has been interim CEO since January, after Bernard Kobler stepped down from the role controversy surrounding an extramarital affair. Before taking up the interim role, Salzmann was a member of the bank's executive board, with responsibility for the retail and commercial business.

Luzerner Kantonalbank Reports Earnings Results for the First Quarter of 2014; Provides Earnings Guidance for 2014

Luzerner Kantonalbank announced that its first-quarter net profit increased 7.2% to CHF 47 million (USD 53.1 million/EUR 38.57 million), helped by higher interest income. Interest income rose 4.8% to CHF 82.8 million. Total operating income grew 3.8% to CHF 114.9 million. Commission income gained 9.5% to CHF 21.3 million, while trading income plummeted one-third to CHF 5.3 million. The bank reiterated its 2014 forecast for a profit at last year's level. In 2013, the lender booked a profit of CHF 179.3 million.

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