Swissquote Reports Financial Year 2023 as a Record Year
Liquidity Finder - Sam LowJanuary 11, 2024 - In an ad hoc statement today, Swiss online bank Swissquote announced a record set of financial numbers for 2023 ahead of its full release in March:
▪️ Net revenues amounted approximately to CHF 530 million.
▪️ Pre-tax profit is expected at least at CHF 255 million.
▪️ Client assets reached CHF 58 billion as of 31 December 2023.
▪️ Net new monies reached the counter value of CHF 5 billion in 2023.
The company says that the better than anticipated pre-tax profit was achieved in challenging market conditions.
The full report for the 2023 financial year will be published on 14 March 2024.
In August last year, Swissquote reported strong first-half results that “surpassed its initial projections”, and raised its guidance for the full year 2023.
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