Julius Baer's first-half profit more than doubled on sustained money inflows, rebounding from prior-year losses tied to credit provisions and a Brazilian divestment. The Swiss wealth manager reported IFRS net profit of SFr673 million for the six months to June 2026, up 128 percent from SFr295 million in the first half of 2025. IFRS operating income rose 26 percent to SFr2.27 billion, while net interest income climbed 80 percent to SFr130 million. Assets under management grew 5 percent year-to-date to SFr547 billion, and net new money totalled SFr5.7 billion, equal to an annualised 2.2 percent, with inflows recorded across all regions. The group is aiming for gross efficiency gains of SFr130 million by 2028 and reaffirmed its mid-term targets.
Julius Baer Gruppe AGFirst-half profit more than doubled on strong inflows, beating prior-year losses.