Cembra Money Bank

Cembra is offering up to 601,801 of its own shares (about 2% of capital) in an accelerated bookbuilding to help finance the partial purchase of Santander’s Swiss vehicle financing business. Settlement is planned for around 28 July 2026; price and final share count will be announced after completion. The acquisition includes a portfolio of about CHF 800 million and nine partner relationships, with closing expected in November 2026. The transaction is expected to be covered by roughly CHF 680 million of debt financing and about CHF 120 million of equity; Cembra has committed to a 90-day lock-up. » More on finanzen.net

Cembra increased net profit in the first half of 2026 by 6% to CHF 92.3m thanks to a 9% reduction in operating expenses and improved the cost-to-income ratio to 43.5%. Net loans rose 2% to CHF 6.7bn, the loss rate remained solid at 1.1% and the tier-1 ratio at 17.7%. Cembra has agreed to acquire the bulk of Santander’s Swiss vehicle-financing business (portfolio about CHF 800m, nine partner relationships); closing is expected in November 2026. The transaction is expected to boost earnings per share from 2027 and increase return on equity from 2028 by around 25 basis points, while one-off effects in 2026 will temporarily depress RoE. » More on de.investing.com

Cembra will introduce a streamlined leadership structure as of 1 August 2026 to strengthen customer focus and accelerate operational execution. A Sales division will be created under Peter Schnellmann; Christoph Glaser will take on responsibility for Risk in addition to his role as CFO; and Annekathrin Krügel-Falkenberg will head the merged Corporate Functions and join executive management. Eric Anliker will become chief compliance officer, while Volker Gloe and Christian Stolz will retire early. The changes are intended to balance growth, operational performance and control. » More on de.investing.com