Swissquote Unveils Several Record Financial Figures for 2023

Swissquote, the market leader in online banking in Switzerland, has today unveiled its financial results for the full year 2023, revealing several record-breaking figures for the period.

According to the official announcement, the net revenue of Swissquote reached approximately CHF 530 million for 2023, a significant increase of 29.9% compared to CHF 408 million in 2022.

The pre-tax profit is expected to be at CHF 255 million, up 37.1% compared to CHF 186 million in the prior year, surpassing the anticipated pre-tax profit. Additionally, client assets amounted to CHF 58 billion as of December 31, 2023.

Earlier, Fazzaco reported that Swissquote registered a net revenue of CHF 265.6 million with a 32.8% YoY increase for the first half of 2023​, reaching a record high.

In today's announcement, the banking giant also mentioned that the full report for the 2023 financial year will be published on 14 March 2024. Fazzaco will follow up promptly.