Lombard Odier reported a 25% year-over-year increase in net profit for the first half of 2026, reaching CHF 138 million, alongside record client assets and managed funds.
The Geneva-based private bank said operating income rose 9% to CHF 740 million, while operating expenses remained stable despite ongoing investments in technology and staffing. Total client assets grew 5% from the end of 2025 to CHF 367 billion, marking a new high. Managed assets, or assets under management (AuM), surged 7% since the start of the year to CHF 239 billion, also a record.
The bank attributed the gains to strong net new money inflows and solid investment performance across multiple strategies. Lombard Odier did not disclose the specific amount of net new inflows in its half-year report.
Capital strength remained robust, with a hard core Tier 1 (CET1) ratio of 31% at the end of June—more than double the regulatory minimum. The bank’s balance sheet totaled CHF 17 billion.
Hubert Keller, Senior Managing Partner of Lombard Odier Group, said client confidence reflected the bank’s investment expertise and stability. The results underscore the firm’s resilience amid shifting market conditions.
