Banque Cantonale Vaudoise announced audited consolidated and parent earnings results for the year ended December 31, 2012. For the year, the parent company reported net interest income of CHF 509.9 million against CHF 523.0 million for the same period last year. Operating profit was CHF 474.9 million against CHF 475.0 million for the same period last year. Profit on ordinary banking operations before extraordinary items and taxes was CHF 392.5 million against CHF 387.6 million for the same period last year. Profit for the year was CHF 320.2 million against CHF 313.7 million for the same period last year. Total income from ordinary banking operations was CHF 928.1 million against CHF 939.2 million for the same period last year. For the year, the group reported net interest income of CHF 519.3 million against CHF 533.1 million for the same period last year. Operating profit was CHF 485.8 million against CHF 485.7 million for the same period last year. Profit on ordinary banking operations before extraordinary items and taxes was CHF 395.7 million against CHF 382.0 million for the same period last year. Net profit for the year was CHF 311.0 million against CHF 302.1 million for the same period last year. Total income from ordinary banking operations was CHF 1,009.8 million against CHF 1,017.2 million for the same period last year. Net cash inflow from operations was CHF 247 million against CHF 102 million for the same period last year. Purchase of other tangible fixed assets was CHF 25 million, compared to CHF 24 million for the same period last year. The Board of Directors will propose an ordinary dividend of CHF 22 per share as well as a special distribution of CHF 10 per share out of paid-in reserves at Annual Shareholders’ Meeting to be held on April 25, 2013 to be payable on May 3, 2013. Ex-dividend date is April 29, 2013. Dividend record date is May 2, 2013.

Banque Cantonale Vaudoise, 2012 Earnings Call, Feb 14, 2013

Banque Cantonale Vaudoise reported consolidated earnings results for the year ended December 31, 2012. For the period, the company reported net interest income of CHF 519.3 million against CHF 533.1 million for the same period a year ago. Operating profit was CHF 485.8 million against CHF 485.7 million for the same period a year ago. Profit on ordinary banking operations before extraordinary items and taxes were CHF 395.7 million against CHF 382.0 million for the same period a year ago. Net profit before minority interests was CHF 311.1 million against CHF 301.1 million for the same period a year ago. Net profit was CHF 311.0 million against CHF 302.1 million for the same period a year ago. The company's solid results in an uncertain market environment attest to the Bank's strong franchise and firm position. Business development for 2013 is expected to trend along the same lines as in 2012.