Julius Baer : H1 2019 earnings – savings plan confirmed
>Earnings better than expected - Earnings beat expectations, mainly thanks to margin levels:Underlying net profit = CHF 391m vs consensus = CHF 363mRevenues = CHF 1.699bn vs consensus = CHF 1.649bn. The average margin on assets came in at 83.0bp vs 81.9bp expected. We think that this trend can only be partly extrapolated, bearing in mind that client risk aversion still looks high with 21% of assets in cash.Cost/Income = 71.0% vs 72.5% expected despite c...Julius Baer is engaged in private banking activities primarily in Switzerland, Europe, Asia and South America. Co. focuses in private banking, which includes certain internal supporting functions which serve entirely the core business activities.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.