The SNB’s annual financial statements and profit
The National Bank Act sets out regulations for the determination and distribution of profits. The profit distribution agreement between the Federal Department of Finance and the SNB governs the amount of the annual distributions to the Confederation and cantons over a certain period. You can access all reports, regulations and documents relevant to the SNB’s financial statements and profit here.
Income statement and appropriation of profit for 2022
In CHF millions
Profit and distribution of profits
Art. 30 NBA contains a special provision governing the determination of profits, which stipulates that the SNB shall set up provisions permitting it to maintain the currency reserves at a level necessary for monetary policy. In so doing, it takes into account the development of the Swiss economy. The distribution of profits is regulated as follows (art. 31): A dividend not exceeding six percent of the share capital is paid out from net profit. One-third of any net profit remaining after the distribution accrues to the Confederation and two-thirds to the cantons.
Publications on the profit distribution agreements
The Swiss Federal Department of Finance and the SNB agree on the annual amount of profit distribution to the Confederation and the cantons over a specified period of time with the aim of balancing these distributions in the medium term.