Switzerland's Vontobel 2025 profit rises 5%

Vontobel Holding AG

06/02/2026 06:06

Overview

Switzerland-based financial firm's net profit rose 5% to CHF 280 mln in 2025

Assets under management increased 5% to CHF 241 bln, driven by market performance and inflows

Company's cost-income ratio improved to 74.2% due to efficiency program

Outlook

Vontobel plans to open a new office in Los Angeles in H1 2026

Company is redeploying resources to markets with highest demand, particularly in Asia

Vontobel's CHF 100 mln efficiency program is ahead of schedule, completing by end of 2026

Result Drivers

ASSETS UNDER MANAGEMENT - Increased to CHF 241 bln due to market performance, IHAG Private Bank integration, and net new money inflows, partially offset by FX effects

EFFICIENCY PROGRAM - Cost-income ratio improved to 74.2% due to efficiency program, with 84% targeted efficiencies realized by end 2025

NET NEW MONEY - Driven by inflows in Private Clients and Fixed Income, with Private Clients NNM at CHF 5.8 bln

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Net Income
CHF 280 mln
FY Operating income
CHF 1.43 bln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the investment management & fund operators peer group is "buy."

Wall Street's median 12-month price target for Vontobel Holding AG is CHF66.00, about 1.2% above its February 5 closing price of CHF65.20

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)