But the full-year outlook was overshadowed by a long-running legal dispute at its Winterthur insurance unit that may cost the bank more than a billion Swiss francs ($776.4 million) before the year is out, depending on the results of a settlement.
The bank has set a goal of 8 billion francs net profit by 2007 as it corrects ill-conceived strategic moves from the past in which it veered into insurance and sought a place among the global elite in investment banking.
"While the results we reported were satisfactory we know we have the potential to do better over time," Chief Financial Officer Renato Fassbind said in a conference call.
Net new money into CS's core private banking business, which caters to wealthy families, rose to 14.3 billion francs, twice the expected amount and up from 3.8 billion a year ago as investment in foreign markets, especially Asia, are paying off.
Net revenues in CS's investment bank, which it is in the process of integrating into its main operations, rose 29 percent from the second quarter of the year to 4.3 billion francs, mirroring sound results from investment banks around the world.