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Swissquote cuts full-year guidance as 1H crypto income plunges, shares slide

CryptoInfo Editorial Team  ·  Published on August 13, 2026 at 13:41  ·  Updated on August 13, 2026  ·  1 min read

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Key Takeaways

  • Swissquote cut its full-year revenue and profit forecasts due to decreased crypto trading levels
  • The bank's first-half crypto income has slumped, impacting its overall financial forecasts
  • Swissquote's shares have slid in response to the reduced forecasts
Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Swissquote, an online bank, has reduced its full-year revenue and profit forecasts after experiencing a decline in crypto trading levels during the first half of the year.

This change in forecast is a result of the slumped crypto trading levels, which have impacted the bank's income from cryptocurrency-related activities.

The news has affected the company's shares, which have slid in response to the reduced forecasts, as reported by CoinDesk.

Source: CoinDesk ↗