Julius Baer Reports 2025 Half-Year Results Amidst Challenges

Julius Baer Group has reported its half-year results for 2025, highlighting significant financial movements amid challenging market conditions. Net new money inflows more than doubled to CHF 7.9 billion, showcasing strong client momentum. However, assets under management (AuM) decreased to CHF 483 billion from CHF 497 billion, influenced by global equity market trends and the impact of a weaker US dollar.

The Group's IFRS net profit fell by 35% to CHF 295 million, primarily due to increased loan loss allowances and a one-time impact from the sale of its Brazilian unit. On the upside, underlying net profit rose by 11% to CHF 511 million, demonstrating resilience in operational efficiency with an improved cost/income ratio of 68.2%.

Capital ratios remain strong, with a CET1 ratio at 15.6% and total capital ratio at 22.3%, indicating robust financial backing. Despite a decline in IFRS operating income, the underlying figures showed a 5% growth, driven by a rise in client activity and revenues from financial instruments.