Julius Baer Reports Record Operating Income Amid Strong Market Performance

Julius Baer Group Ltd. announced record operating income for the first four months of 2026, driven by a peak in assets under management (AuM) and remarkable client activity. The AuM increased to CHF 528 billion, boosted by equity market performance and net new money inflows of CHF 3 billion. Gross margin rose to 90 basis points, reflecting elevated client activity.

The firm's cost/income ratio improved to 62%, accompanied by a rise in pre-tax profit margin to 32 basis points. The balance sheet remains robust with a CET1 capital ratio of 18.1%, surpassing regulatory requirements. The corporation further consolidated its executive board with new appointments, underscoring a focus on strategic growth.

Though client activity tempered in April, the solid performance sets the stage for a stronger IFRS net profit in the first half of 2026 compared to the same period in 2025. Julius Baer maintains its trajectory towards medium-term goals with ongoing efficiency improvements.