Press releases
BANQUE HERITAGE REPORTS SOLID RESULTS IN A CHALLENGING ENVIRONMENT
Geneva, 17 July 2025 – For the first half of 2025, consolidated net operating income reached CHF 40.2 million, up 2% compared to the same period last year.
Geneva, 17 July 2025 – For the first half of 2025, consolidated net operating income reached CHF 40.2 million, up 2% compared to the same period last year. Operating expenses rose by 7%, primarily due to the expansion of commercial teams and significant investments in IT solutions. Nevertheless, net profit reached CHF 7.5 million for the first six months.
In a difficult macroeconomic environment, these results highlight the Group’s resilience. Growth of assets under management helped offset the impact of the Swiss franc’s significant appreciation against the US dollar, as well as a generally less favourable interest rate environment.
Strong net new money inflows of CHF 445 million, combined with broadly rising financial markets, compensate for adverse currency effects on client assets denominated in US dollars. The Group’s assets under management increased by 4%, reaching CHF 5.08 billion as of 30 June 2025.
“These results confirm the relevance of our operating model in a complex and demanding environment. They also reflect the renewed trust of our clients and the unwavering commitment of our teams,” said Marcos Esteve, CEO of Banque Heritage.
Given this strong interim performance, Banque Heritage is confident about the second half of 2025 and anticipates solid full-year results once again.
Banque Heritage is a Swiss private banking group based in Geneva, with offices in Basel, Sion and Zurich and a fully owned subsidiary in Montevideo, Uruguay. The origins of the bank go back to the commodities trading activities where the family businesses are among the global market leaders. The Bank provides a comprehensive range of services, from traditional Private Banking and Wealth Management for its founding families, its entrepreneurial and individual clients, to solutions for External Asset Managers, Family Offices, and Fund Representatives.
For more information: www.heritage.ch
Press:
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BANQUE HERITAGE Sylvia Demeyrier +41 58 220 0312 |
VOXIA Thomas Blozovski +41 22 591 22 81 thomas.blozovski@voxia.ch |
July 17, 2025
Press releases
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Press releases
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