SIX Swiss Exchange · Financial Services
Invest in Glarner Kantonalbank stock from India
Indian and foreign residents can buy Glarner Kantonalbank (GLKBN) shares directly through Paasa.
By Paasa · Updated
Glarner Kantonalbank at a glance
- Price
- CHF 26.40+CHF 0.60 (2.33%)
- Market cap
- CHF 356.40M
- Day range
- CHF 25.70 – CHF 26.60
- P/E
- 15.71
- Dividend yield
- 3.79%
- Volume
- 24.74K
- 1 month
- +2.72%
- 6 months
- +13.79%
- YTD
- +21.10%
- 1 year
- +24.53%
- 5 years
- -5.71%
Glarner Kantonalbank statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | CHF 169.9M | CHF 204.1M | CHF 195.7M | CHF 104.1M | CHF 91.6M |
| Gross profit | CHF 100.6M | CHF 95.9M | CHF 99.0M | CHF 88.5M | CHF 85.1M |
| Operating income | CHF 26.0M | CHF 28.8M | CHF 30.9M | CHF 29.3M | CHF 29.2M |
| Net income | CHF 21.8M | CHF 24.3M | CHF 26.0M | CHF 25.3M | CHF 24.5M |
| Earnings per share | CHF 1.62 | CHF 1.80 | CHF 1.93 | CHF 1.87 | CHF 2.12 |
| EBITDA | CHF 26.0M | CHF 28.8M | CHF 36.3M | CHF 35.1M | CHF 35.1M |
| Total assets | CHF 9.2B | CHF 9.1B | CHF 8.8B | CHF 8.6B | CHF 7.8B |
| Total debt | CHF 3.0B | CHF 2.9B | CHF 2.9B | CHF 2.4B | CHF 2.0B |
| Cash and short-term investments | CHF 1.6B | CHF 1.6B | CHF 1.4B | CHF 1.2B | CHF 1.3B |
| Shareholders' equity | CHF 445.0M | CHF 436.7M | CHF 427.2M | CHF 415.1M | CHF 403.1M |
| Operating cash flow | CHF 18.8M | CHF 54.0M | CHF 72.3M | −CHF 93.7M | CHF 157.1M |
| Free cash flow | CHF 15.6M | CHF 50.3M | CHF 66.2M | −CHF 98.5M | CHF 150.5M |
| Capital expenditure | −CHF 3.3M | −CHF 3.7M | −CHF 6.1M | −CHF 4.8M | −CHF 6.6M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in CHF; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Basellandschaftliche Kantonalbank | BLKB.SW | CHF 1,190.00 | CHF 670.28M |
| Thurgauer Kantonalbank | TKBP.SW | CHF 162.00 | CHF 648.00M |
| VP Bank | VPBN.SW | CHF 92.60 | CHF 578.45M |
| Basler Kantonalbank | BSKP.SW | CHF 99.30 | CHF 506.40M |
| Leonteq | LEON.SW | CHF 19.96 | CHF 353.37M |
| Schweizerische Nationalbank | SNBN.SW | CHF 3,180.00 | CHF 318.00M |
| Hypothekarbank Lenzburg | HBLN.SW | CHF 4,260.00 | CHF 306.06M |
| Banque Cantonale du Jura | BCJ.SW | CHF 80.00 | CHF 239.45M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Glarner Kantonalbank from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CHF when you buy.
Step 3
Search GLKBN and buy
Find Glarner Kantonalbank by name or by its ticker, GLKBN, and place your order.
Why invest in Glarner Kantonalbank from India
What Glarner Kantonalbank does
Glarner Kantonalbank offers a comprehensive suite of financial solutions, catering to both individual and business clients primarily within the Canton of Glarus and its adjacent economic regions. Its product portfolio encompasses various deposit accounts, including savings, current, and pension options, alongside personal financing, comprehensive mortgage solutions, and home equity products. Glarner Kantonalbank operates in the Banks - Regional industry within the Financial Services sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Glarner Kantonalbank stock from India?
Yes. Indian residents and NRIs can buy Glarner Kantonalbank (GLKBN) shares directly through Paasa. Glarner Kantonalbank is listed on the SIX Swiss Exchange, in the Banks - Regional industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
What tax do I pay in India when I sell Glarner Kantonalbank shares?
In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CHF/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.