Pictet announces full-year results for 2025
For the financial year ending 31 December 2025, the Pictet Group reported operating result of CHF 846 million, up 3.7% from year-end 2024, leading to consolidated profit of CHF 667 million. Operating income reached CHF 3.21 billion, a year-on-year increase of 1.5%.
Assets under management or custody rose 4.5% to a record CHF 757 billion as at 31 December 2025, compared with CHF 724 billion as at 31 December 2024. This growth reflects strong market and investment performance as well as significant net new money inflows across all business lines. Net new money totalled CHF 19 billion in 2025.
The Group continues to maintain a solid equity base, as well as robust total capital and liquidity ratios. As at 31 December 2025, the Group’s equity stood at CHF 3.28 billion. At 191%, the liquidity coverage ratio exceeded the 100% requirement under Basel III. The total capital ratio stood at 21.6%, well above the 12% requirement set by the Group’s Swiss regulator, FINMA.
Commenting on the results, Marc Pictet, Senior Managing Partner of the Pictet Group, said: “Pictet delivered solid results once again in 2025. In a dynamic market environment, the Group lifted assets under management to a new high through strong investment performance and a substantial inflow of net new money – underscoring the resilience and enduring strength of our long-term business model.”
Note to editors
The Pictet Group is a partnership of owner-managers, with principles of succession and transmission of ownership that have remained unchanged since its foundation in 1805. The Group focuses exclusively on wealth management, asset management, alternative investments and related asset services. It does not engage in investment banking, nor does it extend commercial loans.
With CHF 757 (EUR 813/USD 955/GBP 710) billion in assets under management or custody as at 31 December 2025, the Pictet Group is today one of Europe’s leading independent wealth and asset managers for private clients and institutional investors.
Founded and headquartered in Geneva, Switzerland, the Pictet Group currently employs some 5,500 people. It has 31 offices worldwide, in Amsterdam, Barcelona, Basel, Brussels, Dubai, Frankfurt, Geneva, Hong Kong, Lausanne, Lisbon, London, Luxembourg, Madrid, Milan, Monaco, Montreal, Munich, Nassau, New York, Osaka, Paris, Rome, Shanghai, Singapore, Stuttgart, Taipei, Tel Aviv, Tokyo, Turin, Verona and Zurich.
