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EFG International AG, a Swiss private banking firm, reported a net profit of CHF 321.6 million for 2024. The company manages assets for both private individuals and institutions, operating in approximately 40 locations across Europe, Asia-Pacific, the Americas, and the Middle East.
EFG International AG, a Swiss private banking firm, reported a net profit of CHF 321.6 million for 2024. The company manages assets for both private individuals and institutions, operating in approximately 40 locations across Europe, Asia-Pacific, the Americas, and the Middle East.
EFG International AG is trading at EUR 14.96 with a market capitalization of EUR 4.7 billion, reflecting a slight decline of 2.35% last month but a year-on-year increase of 23.47%. The company is set to announce its fourth-quarter results for 2024 on February 19, 2025, and currently has a P/E ratio of 13.39, prompting investors to consider their next moves regarding the stock.
EFG International AG is experiencing a subdued market performance, with its share price at EUR 15.02, reflecting a monthly loss of 1.96%. The private banking group has a market capitalization of EUR 4.7 billion and a price/earnings ratio forecasted at 13.11 for 2025, indicating a complex investment landscape. Recent analyses suggest shareholders may need to take urgent action regarding their investments.
Romain Pasche, Global Head of Investment Content at EFG International, emphasizes the bank's cautious stance on cryptocurrencies, likening Bitcoin to volatile 19th-century private currencies. While clients can invest in crypto via ETFs, EFG prioritizes structured products for diversification, urging clients to manage concentration risks in their portfolios. Despite strong interest in ESG, actual implementation remains low, reflecting a gap between client interest and action.
Romain Pasche, Global Head of Investment Content at EFG International, emphasizes the importance of diversification in asset allocation, particularly in light of concentration risks from tech giants. While clients show interest in cryptocurrencies and ESG investing, actual implementation remains low, reflecting a gap between interest and action. EFG maintains a cautious stance on cryptocurrencies, recommending only assets that can be thoroughly analyzed and understood.
EFG International AG maintains a strong market position with a market capitalization of EUR 4.7 billion, despite a slight decline in share price to EUR 14.89. The upcoming release of fourth-quarter results on February 19, 2025, is highly anticipated, with a forecast P/E ratio of 13.11 indicating the bank's valuation. Recent analyses suggest shareholders may need to take urgent action regarding their investments.
EFG International has relocated to new offices in Vaduz, Liechtenstein, and Gstaad, Switzerland. The Vaduz office, led by Tobias Wehrli, is expanding rapidly, while the Gstaad team, under Manuel Blanco, has moved into a new three-floor chalet-style branch.
EFG International AG is demonstrating stable financial performance, with a current share price of EUR 14.90 and a market capitalization of EUR 4.7 billion. Despite a slight monthly decline of 1.65%, the share has seen a year-on-year increase of 24.06%, indicating a solid market position. Investors are urged to consider their options, as the bank's valuation appears balanced with a current P/E ratio of 3.25 and a forecast P/E ratio of 12.73 for 2025.
EFG International has opened new offices in Vaduz, Liechtenstein, and Gstaad, Switzerland, on February 6 and 7, 2025, respectively. The modern premises aim to enhance client service in these strategically important regions, with leadership from Tobias Wehrli in Vaduz and Manuel Blanco in Gstaad. Franco Polloni emphasized the bank's commitment to expanding its client service as part of its growth strategy.
EFG International AG
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efg international reports net profit growth to 321.6 million chf in 2024
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