Key figures

  30.06.2024 30.06.2023 31.12.2023
Assets under management (CHF bn)* 473.8 440.7 427.4
Net new money (in period, CHF bn) 3.7 7.1 5.4
Total assets (CHF m) 100,165.5 100,210.2 96,786.3
Total equity (CHF m) 6,173.1 6,252.4 6,163.2
Total capital ratio* 26.3% 24.7% 24.0%
CET1 capital ratio* 16.3% 15.5% 14.6%
Number of employees 7,484 7,185 7,425
Number of relationship managers 1,344 1,305 1,343

*In between the half-yearly financial reporting, updates on these figures are published in the 4-month and 10-month Interim Management Statements. 

Further information can be found in the Key figures table below.

Julius Baer’s medium-term financial targets

Medium-term financial targets 2023 - 2025

All targets are based on adjusted results1 Medium-term targets
Cost/income ratio <64%
by 2025
Pre-tax margin 28-31bp
by 2025
Profit before taxes >10% growth p.a.
over 2023-25 cycle
RoCET1 >30%
over 2023-25 cycle

1) Adjusted: Excluding expenses related to acquisitions or divestments (M&A-related expenses) and the taxes on those respective items. For definitions and more details please refer to the Alternative Performance Measures section of the Half-Year Report 2024, available at www.juliusbaer.com/en/media-investors/financial-information/financial-reporting.

The Group’s own floors are as follows:

  • Total Capital Ratio2: >15%
  • CET1 Capital Ratio3: >11%

2) Total Capital Ratio: Total eligible capital divided by risk-weighted assets in %
3) CET1 Capital Ratio: CET1 eligible capital divided by risk-weighted assets in %

Agency ratings

Currently, Moody’s assigned ratings and outlook to Bank Julius Baer & Co. Ltd. as follows:

  • Long-Term Deposit Rating: A1
  • Short-Term Deposit Rating: Prime-1 (representing the highest possible short-term rating)
  • Long-Term Senior Unsecured and Issuer Rating: A3
  • Counterparty Risk Assessment: A1(cr) for the long term, Prime-1(cr) for the short term
  • Outlook: Negative