Julius Baer Company profile
About Julius Baer Gruppe AG
Julius Baer Gruppe AG (the Group) is a Switzerland-based private banking group, with an exclusive focus on servicing and advising private clients and independent asset managers. The Group has a global presence with approximately 50 locations in more than 25 countries and jurisdictions. Julius Baer Gruppe AG was established through spin off from Julius Baer Holding AG’s businesses into two independent entities, namely the Company, together with its subsidiaries, comprising Bank Julius Baer & Co Ltd as its principal operating entity, and GAM Holding, together with its subsidiaries, comprising GAM and the Julius Baer-branded asset management business, which includes the private label funds business that formerly was part of Julius Baer Holding Ltd’s Bank Julius Baer segment. The Group diversifies its operations into geographical segments, including Switzerland, rest of Europe, Americas, and Asia and Other Countries.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Julius Baer Gruppe AG interest income decreased 8% to SF758.6M. Net interest income after loan loss provision increased 7% to SF625.2M. Net income applicable to common stockholders increased 55% to SF1.08B. Net interest income after loan loss provision reflects Other Interest or Dividend Income increase of 44% to SF39.2M.
Equity composition
10/2012, Rights Issue, 3 new shares for every 29 shares held @ CHF24.2 (Factor: 1.02362).