J. Safra Sarasin Group has reported a net profit of SFr 522.3m ($653m) in 2025, up 3.5% from SFr 504.5m in the previous year.
Assets under management totalled SFr 228.5bn at the end of December 2025, growing by 2.1% from the year before, helped by new client inflows and market gains.
Operating income rose by 2.4%, reaching more than SFr 1.7bn.
The group’s net commission income was also higher, with a year-on-year improvement of 3.3%.
Operating expenses increased to SFr 847.0m in 2025, from SFr 811.9m in 2024.
The balance sheet total at the end of December stood at SFr 42.2bn, slightly lower than the previous year, while liquid assets with central banks were reported at SFr 10.5bn.
Shareholders’ equity was SFr 5.5bn, while the CET1 ratio was 34.5% at year-end.
The group operates in over 30 locations worldwide and increased its workforce to 2,652 full-time employees by the end of the year, up from 2,558 in 2024.
J. Safra Sarasin Group chairman Jacob J. Safra: “We are pleased to report another year of strong results for the Group. The steady growth in profitability and assets under management reflects the strength of our business model, the trust placed in us by our clients and our disciplined long-term approach. The acquisition of a majority stake in Saxo Bank also marks an important milestone for the Group, underscoring our strategic commitment to reshaping the client experience in financial services.”
Recently, Safra Sarasin Group completed the purchase of a majority interest in Saxo Bank, after securing all required regulatory clearances.
The transaction involves J. Safra Sarasin acquiring about 71% of Saxo Bank shares, which were previously owned by Geely Financials Denmark A/S, Mandatum Group, and other minority investors.
Kim Fournais, one of Saxo Bank’s founders, retains approximately 28% ownership.
