Profit distribution & participation

For 155 years, we have been making an important contribution to the public budget of our canton.

We support the canton and municipalities

As the legal entity, the parent company (Zürcher Kantonalbank excluding subsidiaries) is decisive for the appropriation of profits.

The Canton of Zurich and the municipalities participate in the profit of Zürcher Kantonalbank with a total of CHF 581 million – this corresponds to CHF 19 million more than in the previous year. The canton will receive a total of CHF 406 million (2024: CHF 392 million), which includes the dividend for the canton of CHF 181 million, the dividend to cover actual costs to canton of CHF 22 million, the OECD minimum tax of CHF 169 million and compensation for the state guarantee of CHF 34 million. The municipalities receive dividends totalling CHF 175 million (2024: CHF 170 million).

The remaining amount of CHF 840 million is allocated to reserves as retained earnings.

Profit distribution & participation

in CHF million	2025	2024
Total participation	581	562
of which dividends to cover actual costs to canton	22	21
of which dividends for the benefit of the canton	181	184
OECD minimum tax for the benefit of the canton	169	156
Compensation for state guarantee for the benefit of the canton	34	31
of which dividends for the benefit of the municipalities	175	170

Profit retained

Reverse allocation in CHF million	2025	2024
of which allocated to statutory retained earnings reserves	-	-
of which allocated to voluntary retained earnings reserves	840	740
Profit carried forward	3	2

Detailed information on the balance sheet and income statement can be found in our annual reports in the "Financial report" section.

Reporting

Find out more about our business operations in our reporting.

View annual reports

Reporting

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