Switzerland · Delayed Price · Currency is CHF Vontobel Holding AG Earnings Call Transcripts
Fiscal Year 2025
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Net profit rose 5% to CHF 280 million, with AuM up 5% to CHF 241 billion despite FX and rate headwinds. Efficiency gains improved the cost-income ratio, and the CET1 ratio reached 19.7%, supporting a CHF 3 per share dividend.
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Profit before tax declined 15% year-over-year amid macro headwinds, but assets under management grew to €233 billion with strong private client inflows and a CET1 ratio of 16.7%. Efficiency gains and new product launches support a positive outlook.
Fiscal Year 2024
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Profit before tax rose 32% to CHF 354 million, with strong revenue growth and positive net new money inflows. CET1 ratio remains robust at 16.1%, and two strategic acquisitions were completed. Efficiency gains improved the cost/income ratio by nearly 5 percentage points.
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Reaffirmed commitment to an investment-led, client-centric model, with strong organic growth in private clients and a focus on efficiency, digitalization, and scalable solutions. Expanded private markets and sustainable offerings, while maintaining a capital-light, low-risk profile and robust capital management.
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Profit before tax rose 12% to CHF 173 million, with AUM up 9% to CHF 226 billion and strong private client inflows. Efficiency measures are progressing, with a cost/income ratio improvement and strategic expansion via the Ancala acquisition.