BCGE Group 2025 Annual Results: Net income and dividend on the rise Dienstag, 17. März 2026 - 06:58

In 2025, BCGE Group’s performance was driven by a well-diversified business model and strong commercial momentum, as well as disciplined cost control. Assets under management and administration increased 9.3% to CHF 40.4 billion, while loans and advances to clients and mortgage loans rose 3.9% to CHF 21.4 billion. Expenses are fully under control and the cost/income ratio has settled at 53.7% Operating profit dropped by 9.6% to CHF 233 million, while net profit was up 0.8% to CHF 221 million. Equity capital grew by 6.5% to CHF 2.5 billion and the equity coverage ratio continued its upward trend, reaching 16.9%, well above the regulatory requirement of 12.7%. The dividend proposed to the General meeting of shareholders will therefore be increased to CHF 0.70 per share. In 2026, we expect to deliver a similar performance, even in a challenging business environment.

 

 

 

Net profit growth driven by strong commercial momentum

Revenue came in at CHF 554 million (-5.4%), underpinned by robust commercial activity, and is increasingly diversified, generated by a mix of sources: net interest income was down 18.6% to CHF 307 million, fees and commissions increased 4.9% to CHF 155 million, trading grew 5.3% to CHF 44 million and other income rose 155% to reach CHF 48 million. BCGE Group’s growing international footprint is reflected in the share of revenue generated in EUR and USD revenue, which stood at 28.1%.

Operating expenses were well under control, declining 1.5% to CHF 298 million. The cost/income ratio stood at 53.7%, which is in line with the Bank’s long-term targets. BCGE Group has 958 employees (full-time equivalents). Operating profit was down 9.6% to CHF 233 million, while net profit grew by 0.8% to CHF 221 million, reflecting a strong performance underpinned by the Group’s robust commercial growth, despite a challenging interest rate environment and fragile economic climate.

 

Lending continues to grow

Loans to companies and individuals were up 3.9% to CHF 21.4 billion, with CHF 15.0 billion in mortgage loans and CHF 6.4 billion in loans and advances to clients. Mortgage loans account for 43% of the balance sheet total, reflecting a high level of diversification. The Bank has over 258,632 clients, including 23,429 companies (673 more than the previous year), who all place their trust in BCGE.

 

Strong inflow of new assets

The Bank attracted a record level of new client assets. Assets under management and administration grew 9.3% to CHF 40.4 billion. This growth reflects BCGE’s commercial success and the trust shown by its clients. Notably, nearly two thirds of this growth was driven by client inflows.

 

Equity capital boosted

Equity capital rose by CHF 153 million, nearing CHF 2.5 billion. The consolidated equity ratio grew to 16.9%, well above the regulatory requirement of 12.7%. As a result, the Bank boasts a robust risk profile, which is reflected in its AA-/A1+/stable rating (confirmed by S&P on 29 October 2024).

 

Split and performance of the BCGE share

The BCGE share remained stable over the period under review, closing the year at CHF 24.60, or 71% of the share’s intrinsic value, which, relative to the Bank’s equity capital, stands at CHF 34.71 per share. The BCGE share underwent a 10-for-1 split in October, making it more accessible for investors. The Bank’s private and institutional shareholder base continued to grow, with 15,290 shareholders as at 31 December 2025. Free float shares are broadly distributed, with 82% of shareholders holding between 1 and 500 shares.

 

Outlook for 2026

In 2026, we expect to deliver a similar performance, even in a challenging business environment.

 

 [1] Proposal to be submitted to the General shareholders’ meeting on 28 April 2026.

 [2] The amount of the dividend for 2024 has been adapted to take into account the stock split that took place on 15 October 2025.