Banque Profil de Gestion, a private bank based in Geneva, issued a profit warning for the first nine months of the year.

After posting a loss in the first half of 2019, Banque Profil de Gestion hasn’t been able to turn its business around: the Swiss unit of Italy’s Banca Profilo will report a nine-month result worse than last year’s, according to a statement.

The bank will publish the nine-month report in early November. Banque Profil de Gestion didn’t give reasons for the drop. The bank is listed on the Swiss stock exchange.