Key figures
| 31.12.2024 | 31.12.2023 | |
|---|---|---|
| Assets under management (CHF bn)* | 497.4 | 427.4 |
| Net new money (CHF bn) | 14.2 | 12.5 |
| Total assets (CHF m) | 105,071.5 | 96,786.3 |
| Total equity (CHF m) | 6,828.8 | 6,163.2 |
| Total capital ratio* | 26.4% | 24.0% |
| CET1 capital ratio* | 17.8% | 14.6% |
| Number of employees | 7,595 | 7,425 |
| Number of relationship managers | 1,380 | 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 2024 Annual Report, available at www.juliusbaer.com/reports.
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: Stable