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EFG International's share price slightly declined by 0.07% to EUR 14.27 on March 15, 2025, yet it boasts a year-on-year gain of 15.08%. The stock is currently 24.39% above its 52-week low and 10.44% below its high, with a market cap of EUR 4.5 billion. Key upcoming events include the Annual General Meeting on March 21, where CEO Giorgio Pradelli's salary increase will be voted on, and the bonus dividend détachement on March 25, prompting investors to consider their positions.
EFG International's share price fell slightly by 0.07% to EUR 14.27 on March 15, 2025, yet it boasts a nearly 13% annual increase and a market cap of EUR 4.5 billion. The upcoming Annual General Meeting on March 21 may spark debate over a proposed salary increase for CEO Giorgio Pradelli amid ongoing strategic realignment. Investors are urged to consider recent analyses regarding whether to buy or sell shares.
EFG International AG's CEO Giorgio Pradelli received a total compensation of CHF7.4m for 2024, a 35% increase from the previous year, significantly above the industry median of CHF1.9m. Despite a strong total shareholder return of 123% over three years and solid earnings growth, some shareholders may still question the high pay relative to industry standards at the upcoming AGM on March 21.
EFG International's CEO, Giorgio Pradelli, saw his salary rise by 35% to CHF 7.4 million in 2024, reflecting the bank's successful year with a profit of CHF 321 million. The Executive Board's total remuneration increased by nearly 50% to CHF 20.9 million, while the Chairman's fee remained at CHF 1.58 million.
EFG International's CEO Giorgio Pradelli saw his salary rise to CHF 7.3 million in 2024, a 35% increase from the previous year, reflecting the bank's strong performance with a profit of CHF 321 million. The Executive Board's total remuneration also surged by nearly 50%, reaching CHF 20.9 million. Shareholders will vote on the remuneration report at the upcoming Annual General Meeting on March 21.
EFG International achieved record profits in 2024, with assets under management rising 16% to 165.5 billion Swiss francs and a net new money inflow of 10.1 billion francs, surpassing its growth target. The acquisition of Geneva-based Cité Gestion, managing CHF 7.5 billion, enhances EFG's position in the Swiss market, particularly among high-net-worth clients. EFG plans to increase dividends and expand its workforce, reflecting confidence in its growth strategy amid a challenging market environment.
EFG International reported a record profit of SFr321.6 million for 2024, a 6% increase from the previous year, alongside net new assets of SFr10.1 billion. The bank announced plans to acquire Cité Gestion and proposed a dividend increase to SFr0.60 per share. Additionally, four new board members were nominated for election at the upcoming Annual General Meeting.
EFG International reported a 6% increase in net profit for 2024, reaching CHF 321.6 million, and plans to raise its dividend by 5 centimes to CHF 0.60 per share. The acquisition of Cité Gestion, expected to close in late 2025, will enhance earnings per share from 2026, while assets under management rose by 16.3% to CHF 165.5 billion.
EFG International reported a net profit of 321.6 million Swiss francs for 2024, a 6% increase from the previous year, and announced the acquisition of Cité Gestion, which has 7.5 billion francs in assets under management. The transaction, expected to close in the second half of 2025, will boost EFG's total assets to approximately 175 billion francs. CEO Giorgio Pradelli expressed confidence in exceeding future growth targets and indicated plans for further acquisitions.
EFG International achieved record financial results in 2024, with net income rising 6% to 321.6 million Swiss francs and pre-tax profit up 14% to 381.4 million Swiss francs. The bank reported net new asset inflows of 10.1 billion Swiss francs, boosting total assets under management to 165.5 billion Swiss francs, a 16% increase. A proposed dividend of 0.60 Swiss francs per share marks a 9% rise from the previous year, while the acquisition of Cité Gestion is set to enhance EFG's market presence, pending regulatory approval.
Giorgio Pradelli
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