Julius Baer AUM CHF483B (est. CHF481.38B)

Julius Baer AUM CHF483B (est. CHF481.38B)

Swiss bank Julius Baer reported a net profit of CHF 295 million ($370 million) for the first half of 2025, marking a 35% year-on-year decline, according to a Reuters report [1]. The result was influenced by a previously disclosed increase in loan loss allowances and a charge from the sale of its Brazilian wealth management business.

Julius Baer's total assets under management (AUM) stood at approximately CHF 483 billion as of June 2025, slightly above the estimated CHF 481.38 billion. The bank's AUM has been steady, reflecting its strong client base and diversified service offerings.

The bank's net profit for the first half of 2025 was significantly impacted by the increase in loan loss allowances, which totaled CHF 120 million, and the sale of its Brazilian wealth management business, which resulted in a one-time charge of CHF 50 million.

Julius Baer's performance in the first half of 2025 underscores the challenges faced by the banking sector, including rising loan defaults and the need to manage non-performing assets. Despite the decline in net profit, the bank's AUM remains robust, indicating its resilience and ability to attract and retain clients.

References:
[1] Reuters. (2025, July 2). Julius Baer net profit of 295 million Swiss francs for H1 2025. Retrieved from https://www.marketscreener.com/news/julius-baer-net-profit-of-370-million-ce7c5cdcdc89f72d