Julius Baer reports strong fiscal 2024 profit & AuM growth, proposes stable dividend, extends cost program

From Nasdaq: 2025-02-03 01:31:27

Swiss banker Julius Baer Group Ltd. reported significant growth in fiscal 2024 profit and Assets under management. The Board of Directors will propose an unchanged ordinary dividend of 2.60 Swiss francs per share for the financial year 2024. The company decided not to pursue a new share buy-back program and extended the ongoing cost program to deliver further savings. In 2024, IFRS net profit attributable to shareholders climbed 125 percent to 1.022 billion francs. Assets under management increased to 497.4 billion francs, up 16 percent from the previous year. Monthly average AuM rose 7 percent year on year.



Read more at Nasdaq: Julius Baer FY24 Profit, AuM Climb; Proposes Stable Dividend, Extends Cost Program