EFG International Achieves Record Profit, AUM
Zurich-based EFG International registered record highs in the first 10 months of the year, including net profit and assets under management.
EFG International saw net profit reach a record 320 million Swiss francs ($396 million) in the first 10 months of 2025, according to the bank’s financial results.
In addition to a double-digit percentage year-on-year increase in net banking income, commission income and other income, the Swiss lender also benefited from a one-time contribution of 45 million francs from a previously announced insurance recovery. Operating expenses were up slightly due to the cost of the Cité Gestion and Investment Services Group (ISG) acquisitions.
Net new assets totalled 9.3 billion francs and when combined with the more than 10 billion francs in fresh funds from acquisitions, assets under management reached 183.7 billion francs at the end of October – an all-time high for EFG.
«We have consistently delivered against our 2025 financial targets and are exceeding our 2025 ambition,» said EFG International CEO Giorgio Pradelli. «Supported by our resilient and well diversified topline and thanks to our disciplined approach to cost, we have consistently generated operating leverage and have built scale by achieving our highest-ever Assets under Management.»