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.

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.

Profit distribution agreement for 2021

FDF and SNB enter into new profit distribution agreement
FDF and SNB enter into new profit distribution agreement
Agreement between the Federal Department of Finance and the Swiss National Bank on the SNB's profit distributions of 29 January 2021 Agreement between the Federal Department of Finance and the Swiss National Bank on the SNB's profit distributions of 29 January 2021
Agreement between the Federal Department of Finance and the Swiss National Bank on the SNB's profit distributions of 29 January 2021
Notes on the profit distribution agreement of 29 January 2021 between the FDF and the SNB for 2020 to 2025 Notes on the profit distribution agreement of 29 January 2021 between the FDF and the SNB for 2020 to 2025
Notes on the profit distribution agreement of 29 January 2021 between the FDF and the SNB for 2020 to 2025

2016 profit distribution agreement

FDF and SNB enter into supplementary agreement regarding SNB profit distribution
FDF and SNB enter into supplementary agreement regarding SNB profit distribution
Supplementary agreement between the Federal Department of Finance and the Swiss National Bank on the distribution of the Swiss National Bank's profits for the 2019 and 2020 financial years Supplementary agreement between the Federal Department of Finance and the Swiss National Bank on the distribution of the Swiss National Bank's profits for the 2019 and 2020 financial years
Supplementary agreement between the Federal Department of Finance and the Swiss National Bank on the distribution of the Swiss National Bank's profits for the 2019 and 2020 financial years
Notes on the supplementary agreement between the FDF and the SNB on the distribution of the SNB's profits for 2019 and 2020 Notes on the supplementary agreement between the FDF and the SNB on the distribution of the SNB's profits for 2019 and 2020
Notes on the supplementary agreement between the FDF and the SNB on the distribution of the SNB's profits for 2019 and 2020
FDF and SNB enter into new profit distribution agreement
FDF and SNB enter into new profit distribution agreement
Agreement of 9 November 2016 between the Federal Department of Finance and the Swiss National Bank on the distribution of the Swiss National Bank’s profits Agreement of 9 November 2016 between the Federal Department of Finance and the Swiss National Bank on the distribution of the Swiss National Bank’s profits
Agreement of 9 November 2016 between the Federal Department of Finance and the Swiss National Bank on the distribution of the Swiss National Bank’s profits
Notes on the profit distribution agreement of 9 November 2016 between the Federal Department of Finance and the Swiss National Bank for the period 2016-2020 Notes on the profit distribution agreement of 9 November 2016 between the Federal Department of Finance and the Swiss National Bank for the period 2016-2020
Notes on the profit distribution agreement of 9 November 2016 between the Federal Department of Finance and the Swiss National Bank for the period 2016-2020

2011 profit distribution agreement

New agreement on the distribution of the SNB profit
New agreement on the distribution of the SNB profit
Agreement between the Federal Department of Finance and the Swiss National Bank regarding the distribution of Swiss National Bank profits (in German) Agreement between the Federal Department of Finance and the Swiss National Bank regarding the distribution of Swiss National Bank profits (in German)
Agreement between the Federal Department of Finance and the Swiss National Bank regarding the distribution of Swiss National Bank profits (in German)
Notes on the new profit distribution agreement of 21 November 2011 between the Federal Department of Finance and the Swiss National Bank (in German) Notes on the new profit distribution agreement of 21 November 2011 between the Federal Department of Finance and the Swiss National Bank (in German)
Notes on the new profit distribution agreement of 21 November 2011 between the Federal Department of Finance and the Swiss National Bank (in German)

Questions and answers on the annual financial statements and profit

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