Speaking of BancaStato's financial results for 2025, it's important to immediately state that the institution closed the year with solid indicators, confirming its ability to maintain high revenues and growing volumes despite a more challenging financial environment than in previous years.

The financial year ends with a profit of Group Amounting to 60,1 million francs, with a payment of 57,4 million to the Ticino public coffers. This contribution remains essentially in line with the previous year and confirms the cantonal bank's role as a key economic player for the region.

Overall, the operating profit stood at 110,7 million francs. This figure is lower than the levels recorded in 2023 and 2024—years characterized by exceptionally favorable macroeconomic conditions for the banking sector—but, when viewed over a long-term perspective, confirms the institution's revenue growth trajectory.

BancaStato's 2025 financial results translate into a significant contribution to cantonal finances

The payment of €57,4 million to the public coffers represents one of the most significant elements of the 2025 budget.

The figure is slightly down from the 60,1 million of the previous year, but remains significant considering the more restrictive economic environment and the normalization of interest rates.

Over the past ten years, the total contribution to the Ticino region has reached 464,8 million francs. This figure underscores the cantonal bank's institutional role and its public mandate.

The Ticino State Councillor also spoke during the presentation of the results Christian Vitta, director of the Department of Finance and Economy, who emphasized how the institute's good performance continues to generate concrete benefits for the canton's finances.

High revenues despite pressure on margins

On the income side, 2025 was characterized by a progressive reduction in the prime rate to zero and a consequent compression of trade margins.

Despite these dynamics, the Group managed to maintain high net revenues of 321,1 million francs.

Net income from interest operations—the main source of income—stood at €228,9 million, down 12,7% compared to 2024. Conversely, some areas of activity recorded growth:

  • commission and service transactions rose to 65 million (+2,6%);

  • the result from trading activities reached 23,8 million (+9,6%).

Taken together, these components helped to partially offset the erosion of the interest margin.

Rising costs to strengthen organization and risk management

In 2025, operating expenses increased by 2,9%, reaching 197 million francs.

The increase is mainly due to the strengthening of the organizational structure and risk management systems, interventions deemed necessary in a context of business growth and increasingly stringent regulatory requirements.

Write-downs and amortizations, on the other hand, dropped slightly to 13,2 million.

Despite the growth in operating costs, efficiency indicators remain at levels considered solid for the banking sector.

Mortgage loans and balance sheet totals grow

The core of the Group's activities remains real estate financing.

In 2025, mortgage loans reached 12,8 billion francs, up 3,6% from the previous year. Overall, the total volume of loans granted stood at 15,7 billion.

Other key financial statement figures include:

  • Total commitments to customers: 12,3 billion (+1,5%)

  • Balance sheet total: 19,8 billion (+2,8%)

  • Own funds: 1,63 billion (+3%)

At the same time, assets under management increased by 711 million, reaching 24,1 billion francs.

Capital strength above regulatory thresholds

Capital ratios remain well above the regulatory requirements set by Basel III rules.

At the end of 2025:

  • il Core Tier 1 (CET1) stands at 15,0%;

  • il Tier 1 ratio at 15,4%;

  • la capital adequacy al 17,7%.

The ratio between available and required capital reaches 221,9%, well above the regulatory requirement of 150% set for banks in the same supervisory category.

Growing assets under management and the role of the group

A significant contribution to the group's results continues to come from Axion SWISS Bank SA, a private bank specializing in wealth management and part of the BancaStato group.

According to the Chairman of the Board of Directors of Axion, Marco Tini, 2025 also confirmed a positive progression in managed assets, albeit with results slightly lower than the peaks of the previous two years.

Tini himself also announced his intention to step down from the bank's operational leadership in the second half of 2026, after a decade in charge. The process of selecting his successor has already begun.

Sponsorships and support for the territory

In addition to its financial results, the institute continues to invest in supporting the canton's social, cultural, and sporting life.

In 2025, the group allocated 5,6 million francs to local initiatives and associations, bringing the total amount of sponsorships over the last five years to 22,4 million.

A bank increasingly rooted in Ticino

According to the president of the general management Fabrizio Cieslakiewicz, the 2025 results demonstrate the resilience of the institution's business model, capable of maintaining high levels of profitability even in a context of more compressed margins.

The Chairwoman of the Board of Directors Michela Ferrari-Testa Instead, he emphasized that the results are the fruit of customer trust and the group's commitment to reconciling financial objectives and its public mandate.

From this perspective, the contribution to the cantonal coffers represents only one aspect of a broader commitment that includes support for local communities, cultural initiatives, and economic activities.

The 2025 budget thus confirms the cantonal bank's role as a key financial player in the Ticino economy, combining strong capital, growth in volumes, and a tangible contribution to the region.

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