Results for the 2019 business year

Tuesday, 17 March 2020

4

There is more and more a need to disclose and communicate actively how corporate social responsibility is reflected in the strategy ("non-financial" reporting).

Today2021

+

existing

Comprehensive

ESG efforts

ESG reporting

First release of Sustainability Report in March 2021 as a part of the annual report 2020.

Sustainability and corresponding

values are part of Swissquote's DNA and mentality.

6

8

230.6

9

10

11

12

CHF million

13

14

16

17

  • Benefit from strikes at pip precision
  • Maturities form between 1 day and 12 months

45 new instruments added

18

20

-

1,312.0

1,312.0

840.0

2,516.8

2,516.8

2,211.7

2,718.3

2,718.3

3,118.3

1,630.9

1,630.9

1,229.4

1,439.5

1,439.5

1,254.9

1,254.9

1,097.6

657.4

334.9

334.9

318.3

695.3

558.6

695.3

338.7

338.7

271.2

329.3

329.3

374.8

352.2

374.8

244.3

-

2019

2018

2019

2018

22

24

12 months ended 31 December

Comparison with previous half year

In CHF thousand, except where indicated

2019

2018

Change

Change in %

H2-2019

H1-2019

Change Change in %

Net fee & commission income

92,915.0

99,513.7

(6,598.7)

-6.6%

Interest income, net¹

40,093.8

33,204.5

6,889.3

20.7%

eForex income, net

85,508.9

71,831.9

13,677.0

19.0%

Trading income, net²

21,361.1

20,871.3

489.8

2.3%

Unrealised fair value

309.0

(1,864.4)

2,173.4

116.6%

Cost of negative interest rates (excluding FX swaps)

(9,547.3)

(9,033.1)

514.2

5.7%

Payroll & related expenses

(84,211.7)

(73,227.1)

10,984.6

15.0%

Other operating expenses and provisions

(46,375.2)

(43,840.3)

2,534.9

5.8%

Depreciation

(26,056.9)

(21,008.7)

5,048.2

24.0%

Marketing expenses

(23,408.5)

(22,686.8)

721.7

3.2%

Income taxes

(5,934.6)

(9,157.8)

(3,223.2)

-35.2%

Pre-tax profit margin (%)

21.9%

25.1%

Net profit margin (%)

19.4%

20.8%

25

In CHF thousand, except where indicated

31.12.2019

31.12.2018

Change

Change in %

31.12.2019

30.06.2019

Change

Change in %

Trading accounts

281,814

256,565

25,249

9.8%

281,814

264,267

17,547

6.6%

Saving accounts

19,717

21,831

(2,114)

-9.7%

19,717

19,962

(245)

-1.2%

eForex accounts

54,719

47,972

6,747

14.1%

54,719

51,974

2,745

5.3%

Robo-Advisory (ePB) accounts

3,362

2,732

630

23.1%

3,362

2,969

393

13.2%

Trading client assets

31,296.5

22,958.5

8,338.0

36.3%

31,296.5

29,587.0

1,709.5

5.8%

Saving client assets

265.5

306.3

(40.8)

-13.3%

265.5

269.7

(4.2)

-1.6%

eForex client assets

447.0

365.2

81.8

22.4%

447.0

439.8

7.2

1.6%

Robo-Advisory (ePB) assets

231.9

191.7

40.2

21.0%

231.9

223.8

8.1

3.6%

Assets under custody (CHF m)

31,183.3

22,983.1

8,200.2

35.7%

31,183.3

29,528.5

1,654.8

5.6%

Net new money (CHF m)

4,558.4

3,115.0

1,443.4

46.3%

1,141.3

3,417.1

(2,275.8)

-66.6%

eForex volume (USD bn)

1,217.8

1,179.8

38.0

3.2%

627.0

590.8

36.2

6.1%

Total equity (CHF m)

374.8

352.2

22.6

6.4%

374.8

356.9

17.9

5.0%

Capital ratio (%)

21.7%

29.0%

-7.3%

-25.2%

21.7%

22.4%

-0.7%

-3.1%

Total headcounts / average headcounts (FTE)

722 / 692

662 / 628

60 / 64

9.1% / 10.2%

722 / 710

698 / 680

24 / 30

3.4% / 4.4%

26

27

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Swissquote Group Holding Ltd. published this content on 17 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 March 2020 08:00:07 UTC