Against a backdrop of continued interest rate cuts, the Group’s revenue amounted to CHF 135.4 million in the first half of 2026, comprising mainly CHF 101 million in fee and commission income, CHF 13.5 million in trading income and CHF 13.6 million in net interest income. By comparison, revenue stood at CHF 143.5 million in the first half of 2025. This development was offset by the impact of the efficiency measures implemented in recent years and disciplined management of operating expenses, which fell to CHF 111.8 million from CHF 125.7 million in the first half of 2025. In addition, the Group recorded an exceptional impact of CHF 11.5 million relating to the resolution of a long-standing matter.
In this context, consolidated net profit remained stable at CHF 12.3 million, compared with CHF 12.1 million in the same period of the previous year, confirming the Group’s ability to sustain its performance while continuing to roll out its growth strategy across its Wealth Management and Asset Management activities.
During the first half of the year, Mirabaud reached several important milestones in the implementation of this strategy. The Group continued to focus its resources on its priority markets: Switzerland, Europe, the Middle East and Latin America. In particular, it completed the consolidation of its European booking centre operations in Luxembourg, further enhancing the efficiency of its model, and opened an office in Lausanne to strengthen its presence in its historic home market. At the same time, Mirabaud continued to invest in modernising its technology infrastructure to strengthen its capabilities and operational efficiency and further enhance its level of service to Clients.
This momentum was accompanied by an 8% increase in assets under management, which reached CHF 32.4 billion as at 30 June 2026, compared with CHF 30.0 billion as at 30 June 2025. This growth reflects the combined impact of financial market developments and the Group’s commercial activity.
As at 30 June 2026, the consolidated balance sheet total remained stable at CHF 2.2 billion. The Group also reported a CET1 ratio of over 20% and a liquidity coverage ratio (LCR) of 195%. These levels, well above regulatory requirements, reflect the strength of Mirabaud’s balance sheet, its prudent risk management and its ability to support its Clients over the long term.
Lionel Aeschlimann, Senior Managing Partner of the Mirabaud Group, comments: “In an ever-challenging environment, we continue to execute our strategy consistently. The growth in our assets under management, the strengthening of our presence in Switzerland through the opening of our Lausanne office, the optimisation of our model in Europe and our investments in technology infrastructure all illustrate this momentum. Supported by the strength of our balance sheet and our long-term vision, we enter the second half of the year with confidence and remain fully committed to supporting our Clients.”
