As of the end of June, the family-owned banking group, headquartered in Geneva, managed assets totalling 32,4 billion francs, according to a statement released on Thursday. This represents an increase of 8 percent compared with 30,0 billion francs a year earlier. The growth was said to have been driven by both financial market performance and the group's business activity.

Consolidated net profit amounted to 12,3 million francs, compared with 12,1 million francs in the same period a year earlier. Revenues, however, declined to 135,4 million francs, down from 143,5 million francs in the first half of 2025. Mirabaud attributed the decrease primarily to the environment of falling interest rates.

Lower Costs Support Earnings

Operating expenses fell to 111,8 million francs, compared with 125,7 million francs in the previous year. In addition, a special effect of 11,5 million francs related to the resolution of a legacy matter also impacted the result.

Strong Capital Position

According to the bank, the consolidated balance sheet remained broadly stable at 2,2 billion francs as of the end of June.

Its Common Equity Tier 1 (CET1) ratio was reported to have remained above 20 percent, while its Liquidity Coverage Ratio (LCR) reached 195 percent.

Expansion in Switzerland

Mirabaud also said it had continued its strategic investments during the first half of the year. These included the opening of a new office in Lausanne and the consolidation of its European booking centre activities in Luxembourg. At the same time, the group continued to invest in the modernisation of its technological infrastructure to improve operational efficiency.

The bank expressed confidence for the second half of the year. «In a still challenging environment, we continue to implement our strategy consistently,” Senior Managing Partner Lionel Aeschlimann said in the statement. “Thanks to our strong balance sheet and our long-term approach, we look forward to the second half of the year with confidence.»