Swissquote released its FY25 preliminary results, showing net revenues of 720 million CHF, a 9 % jump that nudges past the 700 million target. Profit before tax sits at 420 million CHF, including a 50 million‑CHF one‑off, while underlying earnings rise 7 % to 370 million CHF. The figures align with market consensus and reinforce the bank’s growth trajectory.

Net new money reached 8.5 billion CHF, matching the 7–8 billion target range, with 5.2 billion collected in the first half. Client assets hit a record 89 billion CHF, buoyed by inflows and market gains. Analysts note a solid customer base and a more attractive valuation at roughly 21× earnings for investors and growth today.

Shares slipped about 1 % after the announcement, reflecting short‑term market sentiment. Kepler Cheuvreux’s Baptiste de Leudeville sees potential catalysts in rising volatility and a crypto‑related rebound. Investors will watch next quarter’s earnings and any regulatory shifts that could lift the bank’s valuation further for long‑term growth in the financial services.