Brief: Vontobel H1 Operating Income CHF 689 Million

Vontobel Holding AG

24/07/2025 06:14

July 24 (Reuters) - VONTOBEL HOLDING AG VONN.S:

H1 OPERATING INCOME CHF 689 MILLION

H1 ASSETS UNDER MANAGEMENT WERE HIGHER AT CHF 233 BILLION

H1 COST/INCOME RATIO SLIGHTLY HIGHER AT 77.9 PERCENT AND PROFIT BEFORE TAX DOWN 15 PERCENT TO CHF 148 MILLION

Q2 NET NEW MONEY TOTALLED CHF 2.0 BILLION

H1 NET NEW MONEY CHF 2.0 BILLION

H1 OPERATING INCOME WAS AT CHF 689 MILLION (-5% YEAR-ON-YEAR)

H1 OPERATING INCOME DECREASE DRIVEN BY LOWER INTEREST RATES AND A SHARP DECLINE IN THE US DOLLAR

SAYS EFFICIENCY PROGRAM ON TRACK LEADING TO LOWER COST BASE

H1 CET1 RATIO OF 16.7% AFTER ABSORBING BASEL III REQUIREMENTS AND RECENT ACQUISITIONS

Source text: ID:nPLX37244D

Further company coverage: VONN.S

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