Clarity on Performance
of Swiss Private Banks
Some limited change. Not radical enough.
Clarity in 100 seconds
Number of Swiss private banks
Operating income margin fell to its lowest level in the past six years in 2016. At a median of 89bps, this had the effect of dragging down the industry’s gross profit.
Interactive tool: Benchmarking against your peers
Leveraging our private banking database consisting of financial data from 93 Swiss private banks - covering 83% of the market - KPMG's interactive benchmarking tool contains more than 50 key performance indicators. The tool enables a detailed comparison with your peers so that you can identify opportunities for performance improvement. Using the tool in a workshop setting delivers the best results as we help you identify specific performance improvement areas and outline practical and effective implementation strategies.
Return on Equity
Despite falling gross profit margins, net profit levels have stayed stable
Net New Money Growth
It’s difficult to find enough new clients to realize growth
Cost-income ratio development
Cost-income ratio rose to its highest level in the past seven years
Banks are struggling to cut costs sufficiently to match the pace of falling operating income margins. The result: Cost-income ratio rose to its highest level in the past seven years, at 84%. Whilst some banks have started with radical change to increase income margins and reduce costs, most of the banks have not. (Median cost-income ratio development 2010 to 2016)