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TKBP: Net profit up 1.2% to CHF 81.5m, driven by mortgage growth and high efficiency

TKBP: Net profit up 1.2% to CHF 81.5m, driven by mortgage growth and high efficiency

Thurgauer KantonalbankAugust 15, 20243
TKBP: Net profit up 1.2% to CHF 81.5m, driven by mortgage growth and high efficiency

About this update from Thurgauer Kantonalbank

Net profit rose 1.2% to CHF 81.5m despite a 4.1% drop in income, with strong mortgage growth and efficiency gains. Full-year profit is expected to be lower than 2023 as interest income normalizes.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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