The first major test has been passed, for now. Julius Baer generated net profit of 673 million Swiss francs in the first half of 2026, the highest ever recorded for a six-month period. Compared with 295 million francs in the same period last year, this represents an increase of 128 percent, as the bank reported on Tuesday.
However, that comparison is significantly flattered by elevated credit losses and one-off effects in the prior-year period. A more meaningful measure is adjusted net profit, which rose 32 percent from the underlying 511 million francs recorded in the first half of 2025 to 673 million francs.
The result marks an important milestone for CEO Stefan Bollinger following the difficult transition year of 2025.
«Overall, we delivered a strong operating performance in the first half of 2026 and achieved record Group net profit,» Bollinger said in the statement released Tuesday.
Assets Under Management Reach Record High
