EFG International AG

Latest Results (05.04.2026):

EFG International AG — full‑year 2025 results (year ended 31 December 2025): the bank reported record net profit of CHF 325.2 million and all‑time high Assets under Management of CHF 185.0 billion. Strong net new assets of CHF 11.3 billion (6.8% growth) and record operating income of CHF 1,669.0 million drove operating profit to CHF 493.1 million, while the group proposed a record ordinary dividend of CHF 0.65 per share.

Assets under Management & Net New Assets

AUM rose 12% year‑on‑year to CHF 185.0bn at end‑2025, supported by CHF 11.3bn of net new assets (highest since 2007) and CHF 11.7bn added from 2025 acquisitions; favourable markets added ~CHF 9.0bn while FX reduced AUM by ~CHF 11.7bn.

Revenue and Profitability

Operating income reached a record CHF 1,669.0m (+11% YoY), revenue margin was 98 bps, operating profit was CHF 493.1m (+26% YoY) and reported IFRS net profit was a record CHF 325.2m (+1% YoY). Excluding exceptional items, net profit would be CHF 339.3m (+6% YoY).

Costs and Efficiency

Operating expenses increased 6% to CHF 1,175.9m (partly acquisition‑related). Cost/income improved to 69.8% (72.2% excl. an insurance recovery gain). EFG exceeded its Simplicity programme target, delivering CHF 66m of efficiencies by end‑2025.

Capital, Liquidity and Balance Sheet

CET1 ratio was 14.0% at end‑2025 (down from 17.7% at end‑2024) due to acquisitions, legacy provision impacts and FX; Total Capital Ratio was 17.3%. Liquidity Coverage Ratio strengthened to 270%. Management floor for CET1 is 12%.

Legacy matter & Exceptional items

EFG recorded a pre‑tax provision of CHF 72.3m (CHF 59.5m net of tax) for a previously disclosed legacy UK matter; this was partially offset by an insurance recovery that generated a one‑off gain (CHF 45.4m contributing to 2025 results).

Dividend & Shareholder returns

The Board proposes an ordinary dividend of CHF 0.65 per share for 2025 (an 8% increase vs. 2024), the fifth consecutive increase. A share buyback programme of up to 9 million shares through July 2027 was also announced to fund deferred employee compensation.

M&A, hiring and outlook

EFG completed acquisitions (ISG, Cité Gestion) in 2025 adding CHF 11.7bn AUM and agreed to acquire Quilvest Switzerland in Jan 2026 (~CHF 3.9bn AUM). CRO headcount increased (763 CROs at end‑2025) and the bank expects continued organic growth, targeted CHF 70–80m cost savings over 2026–2028 and some near‑term macro headwinds.