Skip to main content

Key Figures


Key figures of the Julius Baer Group¹

  H1 2019
CHF m
H1 2018
CHF m
 H2 2018
CHF m
Change
to H1 2018 in %
Consolidated income statement
Operating income 1,699.0 1,788.8 1,579.0 -5.0
Adjusted operating expenses 1,229.2 1,206.1 1,184.7 1.9
Profit before taxes 469.8 582.7 394.4 -19.4
Adjusted net profit for the Group 390.5 479.6 330.0 -18.6
IFRS net profit for the Group2 342.9 443.8 291.6 -22.7
 
Cost/income ratio3 71.0% 67.3% 74.3% -
Pre-tax margin (basis points) 23.0 29.8 19.9 -
 
  30.06.2019 30.06.2018 31.12.2018 Change
to 31.12.2018 in %
Assets under management (CHF bn)
Assets under management 412.3 399.9 382.1 7.9
Net new money (in period) 6.2 9.9 7.5 -
 
Consolidated balance sheet (CHF m)
Total assets 103,654.9 103,540.2 102,898.3 0.7
Total equity 6,086.7 5,788.7 6,041.9 0.7
BIS total capital ratio 20.7% 20.2% 18.7% -
BIS CET1 capital ratio 13.1% 13.7% 12.8% -
Return on tangible equity (RoTE) annualised4 25% 33% 22% -
Return on common equity Tier 1 capital (RoCET1)5 28% 36% 24% -
 
Personnel (FTE)
Number of employees 6,768 6,643 6,693 1.1
Number of relationship managers 1,490 1,475 1,501 -0.7
 
Capital structure
Number of shares 223,809,448 223,809,448 223,809,448 -
Market capitalisation (CHF m) 9,727 13,044 7,836 24.1
 
Moody's rating Bank Julius Baer & Co. Ltd.
Long-term deposit rating Aa2 Aa2 Aa2  
Short-term deposit rating Prime-1 Prime-1 Prime-1  
 
Listing
Zurich, Switzerland SIX Swiss Exchange, under the securities number 10 248 496.
Member of the Swiss Leader Index SLI.
 
Ticker symbol       BAER

1 Adjusted results derived by excluding from the revised IFRS financial statements the integration and restructuring expenses as well as the amortisation of intangible assets related to previous acquisitions or divestments and the taxes on those respective items.
2 Reconciliation with adjusted net profit for the Group is detailed in the table below.
3 Calculated using adjusted operating expenses, excluding provisions and losses.
4Adjusted net profit attributable to shareholders/(half-yearly) average shareholders' equity less goodwill and other intangible assets.
5Adjusted net profit attributable to shareholders/(half-yearly) average CET1 capital. 

Reconciliation consolidated financial statement¹ IFRS to adjusted net profit

  H1 2019
CHF m
H1 2018
CHF m
H2 2018
CHF m
Change
to H1 2018 in %
IFRS net profit attributable to shareholders of Julius Baer Group Ltd. 343.1 443.8 291.6 -22.7
Non-controlling interests -0.2 - -0.1 -
IFRS net profit for the Group 342.9 443.8 291.6 -22.7
Amortisation of intangible assets related to previous acquisitions or divestments2 43.2 36.2 37.4 19.3
Total adjustment to personnel expenses 2.0 1.1 1.5 73.7
Total adjustment to general expenses 7.2 2.9 4.2 148.8
Integration and restructuring expenses 9.1 4.0 5.6 127.8
Adjustments to operating expenses and profit before taxes 52.3 40.2 43.0 30.1
Tax impact -4.7 -4.3 -4.6 9.1
Adjustments to net profit 47.6 35.9 38.5 32.7
Adjusted net profit for the Group 390.5 479.6 330.0 -18.6

1 Detailed financial statements are available in the Half-Year Report 2019
2 Further details on transaction-related amortisation can be found in the presentation to investors, analysts and media

Contact Investors

Alexander Van Leeuwen
  • Alexander van Leeuwen
  • Investor Relations
  • Head Investor Relations
  • Tel: +41 (0)58 888 5256
  • > Send Email

Contact Media

Valeria Ancarani
  • Jan Vonder Muehll
  • Global Media Relations
  • Head Media Relations
  • Tel: +41 (0)58 888 8888
  • > Send Email

Welcome to Julius Baer

Landing Pages

Julius Baer Services