St.Galler Kantonalbank AG reported earnings results for the first half ended June 30, 2016. For the period, the company reported operating income of $219.4 million compared to $224.6 million a year ago. Operating profit was $90 million compared to $84 million a year ago. Profit was $74 million compared to $84.6 million a year ago.

With the pleasing half year results of 2016, the business of St.Galler Kantonalbank is well under way. The bank is still committed to its year forecast presented at the beginning of the fiscal year expecting a slightly higher consolidated profit than in 2015.