What is the profit of Pictet?

Pictet has unveiled its financial performance for the first half of 2024, revealing a robust net profit of CHF 320 million. This figure underscores the company's continued success and financial stability.

In terms of assets, Pictet boasts an impressive portfolio with assets under management or custody reaching CHF 694 billion as of 30 June 2024. This represents a significant growth of 10% compared to the end of 2023, highlighting the group's ability to attract and manage substantial assets.

The Pictet Group's financial health is further evidenced by its strong total equity and total capital ratio. As of 30 June 2024, the group's total equity stood at CHF 3.8 billion, indicating a solid financial foundation and resilience.

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