Thanks to positive market development Private bank J. Safra Sarasin increases profit slightly in 2025
The private banking group J. Safra Sarasin has slightly improved its profit in the 2025 financial year. Thanks to positive market developments and new money inflows, the institution also increased its assets under management.
30.03.2026, 07:15
30.03.2026, 08:08
SDA
Net profit rose by 3.5 percent to CHF 522.3 million last year, as the Basel-based banking group announced on Monday. Overall, the bank achieved a "solid financial performance", said Chairman of the Board of Directors Jürg Haller in the press release.
Stable environment sought
At CHF 228.5 billion, assets under management at the end of the year were almost 2 percent higher than the previous year's figure. A net inflow of new money of 2.8 billion Swiss francs contributed to this, compared to around 750 million in 2024, as Haller told AWP.
Against a backdrop of geopolitical uncertainty, clients were looking for reliable partners in a stable environment last year, said Haller. "In my opinion, Switzerland is one of the countries that meets these criteria," he explained.
Continued high capitalization
Overall, the banking group generated operating income of CHF 1.74 billion in 2025, which corresponds to an increase of 2.4 percent. This growth was supported by a 3.3 percent increase in commission income compared to the previous year, according to the statement. Meanwhile, the cost/income ratio deteriorated slightly to 48.6 percent.
Although the banking group's capitalization declined with a core capital ratio (CET1) of 34.5 percent, compared to 42.7 percent in the previous year, it remained very high compared to the rest of the sector. Haller commented that keeping the ratio at a high level is not only advantageous from a customer perspective, but also reflects the philosophy of the owners.
The purchase of a majority stake in Saxo Bank, which was announced a year ago, is not yet visible in the annual figures. The takeover was only completed at the beginning of March 2026. The J. Safra Sarasin Chairman assured that the Danish online institution had developed satisfactorily.
