EFG: Appetite Comes with Eating

In the first ten months EFG International generated a profit of around 320 million Swiss francs. In the same period last year, profit was 260 million francs. This year's result was boosted by a one-off gain from announced insurance payments totaling 45 million. The bank has also published its  2028 strategy, which it is presenting at today’s Investor Day. EFG’s registered shares are listed on SIX Swiss Exchange.

Assets under management reached 183.7 billion francs at the end of October, a marked increase from 162.3 billion francs at the end of June. This was driven by net new money inflows of 9.3 billion francs as well as the first-time consolidation of the acquired Cité Gestion and Investment Services Group (ISG).

71 New Client Advisors

The cost-income ratio came in at 69 percent for the first ten months. It was 72.9 percent for full-year 2024 and improved to 66.7 percent in the first half of 2025. Over the same period, EFG added 71 new relationship managers, excluding hires from the two acquisitions.

EFG CEO Giorgio Pradellis commented: «In the first ten months of the year, we once again achieved a record profit and maintained strong business momentum in the second half of 2025. Our robust organic growth was complemented by the strategic acquisitions of Cité Gestion and ISG, which increased our assets under management by more than 10 billion francs. We are entering the new 2026–2028 strategic cycle from a position of strength.»

15 Percent Profit Growth

Under its 2026–2028 strategic plan, EFG aims to maintain double-digit profit growth of around 15 percent per year. The bank plans to pursue strong organic growth while also considering M&A opportunities, using its excess capital and capital generation capacity. It has set a range of financial targets for 2028.

Pradelli added: «Over the past seven years, we have achieved strong growth and converted that growth into profitability, delivering attractive returns to our shareholders. We will remain focused on capturing operational leverage and delivering consistent profit growth. At the same time, we continue to look for opportunities to expand further through targeted mergers and acquisitions in markets where we already operate.»