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CBH Compagnie Bancaire Helvétique 2024 annual results

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GENEVA, March 26, 2025 /PRNewswire/ — CBH Bank reports sustained AuM and revenue growth in 2024.

16.3 B 

 200.8 M   

    84.2 M

39.8 %

 445 M

Assets Under Management

Total Revenues

Operating Income

Tier 1 Capital Ratio

Consolidated Shareholder Equity

Figures in CHF as at December 31st, 2024

 

Assets under management on the rise

CBH continued its growth trajectory in 2024 with assets under management reaching CHF 16.3 billion, an increase of nearly 14% from CHF 14.3 billion at the end of 2023. This performance was driven by an exceptional year for financial markets and a net-new-money inflow of CHF 619 million.

Growth of revenues and steady operating income

Total revenues for the year grew by 9% to CHF 200.8 million, up from CHF 183.5 million in the previous year, reflecting the Bank’s sustained development. Operating expenses rose by 17% year-on-year to CHF 95.4 million, driven primarily by capital expenditure – particularly in human capital across all sectors – which accounted for 70% of the total increase. This has led to a steady operating income of CHF 84.2 million. After allocations to the general reserves for banking risks, the Group posted a net result of CHF 36.2 million, a slight increase compared with 2023.

Financial strength and lasting stability

With a Tier 1 ratio of 39.8% and consolidated equity (including 2024 profit) of CHF 445 million compared to CHF 372 million at the end of 2023, CBH’s capitalization grew further in 2024 demonstrating enduring stability. The quality of the Group’s balance sheet and its financial strength were also reaffirmed by S&P’s BBB/A-2 credit rating.

“Our results are a testament to the dedication of our teams and the high standards we uphold across all areas of the Bank” said Simon Benhamou, Chief Executive Officer. “This commitment to excellence, combined with a culture of collaboration and innovation, has been key to navigating a year of economic divergence. Looking ahead, we will continue to focus on talent and digitalization, which are central to sustain success and drive future growth.”

About CBH | Compagnie Bancaire Helvétique

CBH Compagnie Bancaire Helvétique is a family-owned, international and diversified banking group founded in 1975. Headquartered in Geneva, the Group currently counts close to 330 professionals in 10 locations around the world. As at December 31, 2024 client assets totaled CHF 16.3 billion and the Group’s Tier 1 ratio was 39.8%, placing it among the best capitalized banks in Switzerland compared to its peers.

CBH Group provides wealth management services to private and institutional clients, as well as several complementary business lines, including family office solutions, asset services & structuring, exclusive private markets expertise, and bespoke daily banking and card solutions.

The Group operates with a technology-driven entrepreneurial culture and mindset, and has developed a comprehensive digital ecosystem entirely in-house, serving both clients and relationship managers, increasing automation and leading to greater efficiency and productivity.

CBH Compagnie Bancaire Helvétique is licensed as a bank in Switzerland and is authorized and regulated by the Swiss Financial Market Supervisory Authority (FINMA). Its affiliated companies are regulated by the CSSF in Luxembourg, the FCA in the United Kingdom, the Central Bank of The Bahamas, the SFC in Hong Kong and the CVM in Brazil.

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Resolution Medical Billing Announces Acquisition of Claims Express LLC

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Resolution Medical Billing  looks forward to working with Claims Express Clients current clients and envisions a smooth and seamless transition

WANAQUE, N.J., April 1, 2025 /PRNewswire/ — Resolution Medical Billing, considered one of the nation’s premier medical billing and practice management companies that help physicians improve their cash flow through a custom solutions platform designed to improve your practice’s reimbursement process is excited to announce the acquisition of Claims Express LLC, a new Hampshire based billing service provider dedicated to serving physician practices throughout the New England region.

“We are excited to add the Claims Express Team to the RMB family,” commented Chantelle Duffy, Vice President of Client Services.  “We look forward to working with their current clients and envision a smooth and seamless transition for them to our operational platform.”

Since 1994 Claims Express has operated as a privately owned medical billing service provider to a variety of medical offices in the northeast. Over the years the business has been built based on a large referral network which is evidence of the care and dedication the Claims Express team delivered to their valued clients. These are the same values the Resolution Medical Billing team sees as its core mission – deliver first in class medical billing services with a strong focus on client satisfaction.

Offering a suite of services that cover all aspects of the medical billing process from denial management, patient billing, medical credentialing, accounts receivable follow-up and revenue cycle management, the RMB team utilizes a state-of-the-art platform that is adaptable to any medical practice specialty.

About Resolution Medical Billing

Founded and started by two medical billing experts with more than 50 years of experience in all aspects of efficient practice management across a wide variety of medical practices, the Resolution Medical Billing company offers a large team of dedicated professionals that are well versed and trained in all aspects of the billing and reimbursement process. RMB offers a service platform that uses the most up to date technology and covers every medical specialty currently available in the marketplace. The entire team is committed to client service and will work diligently to help you improve your practice flow and improve revenue generation in a cost-effective manner. Services are offered nationwide through a network of interconnected offices.

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SOURCE Resolution Medical Billing

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RapDev Ranks #31 on Inc. Regionals Northeast Fastest-Growing Companies 2025 List

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BOSTON, April 1, 2025 /PRNewswire/ — RapDev has been named one of the fastest-growing private companies, earning the #31 spot on the 2025 Inc. Regionals Northeast list. This recognition underscores RapDev’s rapid growth and industry impact in reshaping enterprise DevOps, IT automation, and cloud engineering.

The Inc. Regionals Northeast list ranks companies based on revenue over a two year growth period. All honorees undergo Inc.’s editorial review to ensure credibility and impact.

“Our success isn’t just about growth—it’s about delivering real impact for customers who trust us to modernize their technology-driven services and operations,” said Tameem Hourani, Founder and CEO of RapDev. “This achievement belongs to our team, who push boundaries daily, and to our customers, who challenge us to keep innovating.”

Since its founding, RapDev has evolved from a specialized consultancy into a trusted engineering partner for global enterprises, financial institutions, and cloud-native organizations. RapDev’s patented innovations in ServiceNow automation, like CSDM as Code, which simplifies data model adoption, and Tag Generator (Patent Pending), which enhances cloud infrastructure governance, continue to redefine enterprise operations. These solutions, along with their Managed Datadog and Managed SOC services, enable organizations to modernize their technology-driven services and operations more effectively.

With this milestone, RapDev remains focused on advancing AI-powered solutions, expanding into new markets, and delivering solutions that drive efficiency for operations worldwide.

About RapDev
Founded in 2019, RapDev is the go-to partner for Fortune 1000 organizations looking to accelerate and optimize their Datadog and ServiceNow implementations. As a trusted Datadog Premier Partner and ServiceNow Elite Partner, RapDev offers unparalleled expertise in implementation at scale. RapDev expertly guides organizations through their Engineering and DevOps transformations from beginning to end. For more information, visit www.rapdev.io.

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SOURCE RapDev

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Vectorworks Supercharges Academic Licenses with Full Cloud Services and AI Tools

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Students and Educators Now Have Access to All Professional Features — Including AI Visualizer and Premium Training.

COLUMBIA, Md., April 1, 2025 /PRNewswire-PRWeb/ — Global design and BIM software provider Vectorworks, Inc. is thrilled to announce a major upgrade to its educational licensing program to include all capabilities of Vectorworks Cloud Services, such as game-changing tools like the AI Visualizer and the ability to generate 3D models from iOS photos. In addition, educational licenses now come with access to premium training content on Vectorworks University.

“Vectorworks Cloud Services is an essential tool in today’s digital design landscape, and we’re thrilled to make its full functionality available to the academic community.”

Cloud-based collaboration just got better with room scanning, real-time markups, and interactive presentations only a tap away. Need heavy rendering power? The Cloud can do the heavy lifting, freeing up hardware for other creative tasks. And with the AI Visualizer, students can instantly generate design imagery from their Vectorworks models or drawings or even just a text prompt, bringing design ideas to life faster than ever before. Those looking for more information on the AI Visualizer can find an overview here and an FAQs page in the Vectorworks Community Forum.

“Enhancing educational licenses underscores our commitment to providing students and educators with access to professional-grade Vectorworks software,” said Tyler French, academic marketing manager at Vectorworks. “Vectorworks Cloud Services is an essential tool in today’s digital design landscape, and we’re thrilled to make its full functionality available to the academic community.”

This update to educational licenses is available with the release of Vectorworks 2025 Update 4 on March 18, 2025. Students and educators can request a free educational license at customer.vectorworks.net/education. Additionally, with an educational license, students and educators can use code EDU40 for discounts on professional certifications and https://www.vectorworks.net/training-courses?utm_campaign=academic&utm_medium=pr&utm_source=cision&utm_content=2025-vcs-academic [in-person classroom training __title__ in-person classroom training]. Discover how Vectorworks empowers the educational community with free software, training, and other resources at vectorworks.net/education.

About Vectorworks, Inc.
Vectorworks, Inc. is an award-winning design and BIM software provider serving the architecture, landscape architecture and design, and entertainment industries in 85 countries. Professionals worldwide are using Vectorworks on Mac and Windows to create, connect, and influence the next generation of design. Built with designers in mind since 1985, Vectorworks software offers you the freedom to follow your imagination wherever it leads you. Headquartered in Columbia, Maryland, with offices in the UK, Canada, Australia, and Japan, Vectorworks is a part of the Nemetschek Group. Learn how you can design without limits at vectorworks.net or follow @Vectorworks.

Media Contact

Kamica Price, Vectorworks, Inc., 443-542-0606, kprice@vectorworks.net, vectorworks.net 

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SOURCE Vectorworks, Inc.

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