Luzerner Kantonalbank AG

Founded in 1850, Luzerner Kantonalbank AG is a universal bank, providing retail and corporate banking products mainly to the canton residents (natural persons and legal entities). Traditionally for cantonal banks, Luzerner Kantonalbank AG is especially strong in savings and mortgage products. Like most of the cantonal banks, Luzerner Kantonalbank AG has full state guarantee of its liabilities.

Bank Category
Cantonal banks

Services
Retail Banking
Corporate Banking

Luzerner Kantonalbank AG is the 11th largest bank in Switzerland in terms of total assets. In 2016 its total assets were 34 854,75 mln CHF, providing the bank with the market share of 1.13%. Luzerner Kantonalbank AG is the 3rd largest cantonal bank in Switzerland (out of 24 banks) having market share of 6.30% amongst the banks of this category.

Rank in Switzerland
11th largest bank

Total Assets (2016)
34 854.75 mln CHF  (+4.76%)
Number of Employees (2015)
943  (-0.53%)

Luzerner Kantonalbank AG is headquartered in Luzern.

Address
Pilatusstrasse 12, 6002, Luzern, Switzerland
P.O. Box
3567
Phone
0844 822 811
Fax
041 206 20 90
Website
http://www.lukb.ch
E-Mail
info@lukb.ch
BIC (SWIFT)
LUKBCH2260A
Company Number
CHE-105.845.092
Founded
1850

Business Summary

Business Focus
universal banking for natural persons and legal entities residing in the canton
Services
retail banking
corporate banking
Products
savings products
mortgage loans
Area Served
mainly the canton

Financial Positions

Total Assets (2016)
34 854.75 mln CHF  (+4.76%)

In 2016 total assets of Luzerner Kantonalbank AG were 34 854.75 mln CHF. Growth compared to the previous period (2015) was 4.76%. The evolution of the total assets of Luzerner Kantonalbank AG is shown at Chart 1 below.

Total Assets of Luzerner Kantonalbank AG.

Chart 1. Total Assets of Luzerner Kantonalbank AG.

Recent changes in total assets of Luzerner Kantonalbank AG and its main components are shown in Table 1.

2015 2016 % change
Cash and deposits with Central Banks 3 745.3 4 349.0 +16.12%
Claims to banks 729.4 309.4 -57.59%
Claims to customers 3 358.6 3 535.9 +5.28%
Mortgages 22 130.6 23 284.2 +5.21%
Total Assets 33 270.8 34 854.8 +4.76%
Table 1. Recent changes in total assets of Luzerner Kantonalbank AG (mln CHF).

Recent changes in total liabilities of Luzerner Kantonalbank AG and its main components are shown in Table 2.

2015 2016 % change
Amount owed to banks 1 726.6 2 347.6 +35.97%
Amount owed to customers 21 014.0 21 656.7 +3.06%
Total Liabilities 33 270.8 34 854.8 +4.76%
Table 2. Recent changes in total liabilities of Luzerner Kantonalbank AG (mln CHF).

Profit and Loss

Annual Profit (2016)
186.57 mln CHF  (+3.58%)

Recent changes in gross profit of Luzerner Kantonalbank AG and its main components are shown in Table 3.

2015 2016 % change
Net Interest Income 303.6 318.9 +5.04%
Net Commission Income 82.7 82.4 -0.26%
Net Income from Trading Operations 22.5 29.6 +31.81%
Table 3. Recent changes in gross profit of Luzerner Kantonalbank AG (mln CHF).

In 2016 annual profit of Luzerner Kantonalbank AG was 186.57 mln CHF. Growth compared to the previous period (2015) was 3.58%. The evolution of the annual profit of Luzerner Kantonalbank AG is shown at Chart 2 below.

Annual Profit of Luzerner Kantonalbank AG.

Chart 2. Annual Profit of Luzerner Kantonalbank AG.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
11th (market share 1.13%)

In 2016 Luzerner Kantonalbank AG was the 11th largest bank in Switzerland in terms of total assets, having 1.13% of market share.

Market share of Luzerner Kantonalbank AG

Chart 3. Market share of Luzerner Kantonalbank AG

Several banks with market shares closest to Luzerner Kantonalbank AG are shown below.

RankNameTotal AssetsMarket Share
10 Migros Bank AG42752.24 mln CHF1.38%
11 Luzerner Kantonalbank AG34854.75 mln CHF1.13%
12 St.Galler Kantonalbank AG32123.87 mln CHF1.04%
 

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 CHF per depositor)
State Guarantee
full

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Switzerland are obliged to participate in Swiss deposit guarantee scheme.

In the case of Luzerner Kantonalbank AG failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, commercial enterprises and public-sector offices
Covered Accounts  credit balances (e.g. personal accounts, savings accounts, investment accounts, salary accounts, numbered accounts, deposit accounts and current accounts)
Covered Currencies  all
Maximum Protected Amount  100 000 CHF
Paid In Currency  CHF
State Guarantee  full

Further Information

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Luzerner Kantonalbank AG and its components are shown in the table below.

BIC  LUKBCH2260A
Bank BIC Code  LUKB
Country Code  CH (Switzerland)
Location Code  22
Branch Code  60A

Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Number  CHE-105.845.092

Domestic Presence

Branches (2015)
26