UBS Group AG (UBS)
| Market Cap | 97.36B |
| Revenue (ttm) | 48.61B |
| Net Income (ttm) | 33.15B |
| Shares Out | 3.21B |
| EPS (ttm) | 9.30 |
| PE Ratio | 3.47 |
| Forward PE | 35.59 |
| Dividend | $1.05 (3.46%) |
| Ex-Dividend Date | May 1, 2024 |
| Volume | 851,430 |
| Open | 30.29 |
| Previous Close | 30.02 |
| Day's Range | 30.21 - 30.39 |
| 52-Week Range | 18.77 - 32.13 |
| Beta | 1.04 |
| Analysts | Buy |
| Price Target | 32.18 (+6.07%) |
| Earnings Date | May 7, 2024 |
About UBS
UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through five divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, Investment Bank, and Non-core and Legacy. The company offers investment advice, estate and wealth planning, investing, corporate and banking, and investment management, as well as mortgage, securities-based, and structured lending solutions. It also provides personal banking products and services, such as deposits, credit and... [Read more]
Financial Performance
In 2023, UBS Group AG's revenue was 40.83 billion, an increase of 18.14% compared to the previous year's 34.56 billion. Earnings were 27.85 billion, an increase of 264.99%.
Financial numbers in CHF Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for UBS stock is "Buy." The 12-month stock price forecast is $32.18, which is an increase of 6.07% from the latest price.
News
UBS Provides a Reminder Around the Upcoming Maturity of the UBS AG FI Enhanced Large Cap Growth ETNs
NEW YORK--(BUSINESS WIRE)--UBS AG provided a reminder today regarding the upcoming maturity of the UBS-issued UBS AG FI Enhanced Large Cap Growth ETNs due June 19, 2024 (the “ETNs”), as set forth in t...
These 4 European bank stocks have risen as strong earnings boost sentiment, should you buy?
European banks are having something of a renaissance currently. Bolstered by a mostly positive earnings season, and by optimism about the EU getting rate cuts soon, many banks on the continent have ou...
UBS's CEO criticises the Swiss bank's public perception
UBS's CEO lamented the perception that the lender is too big for Switzerland and pushed back against the need for tougher regulation at an event held at the University of Zurich on Wednesday.
Thirty-three UBS Financial Advisors in Southern California and Hawaii named to Forbes Best-in-State Wealth Advisors list
SAN DIEGO & NEWPORT BEACH, Calif. & HONOLULU--(BUSINESS WIRE)-- #BestAdvisorsHawaii--33 UBS Financial advisors from SoCal & Hawaii make the Forbes 2024 Best in State Wealth Advisors list. See full lis...
UBS must be capable of being wound up: Swiss financial regulator
The head of Switzerland's financial regulator, FINMA, said on Tuesday the country's largest bank, UBS , needs to be capable of being wound up if necessary.
Forget U.S. stocks — UBS says Europe's are a better bet. Here's why
In a bold "U-turn," UBS says European stocks are now more attractive than their U.S. counterparts.
Sixteen UBS Financial Advisors in Arizona Named to Forbes Best-in-State Wealth Advisors List
PHOENIX--(BUSINESS WIRE)-- #ArizonaAdvisors--16 UBS financial advisors in Arizona named to Forbes Best-in-State Wealth Advisors list for 2024, with Steven Schultz, ranked #1 in Arizona.
UBS chief Sergio Ermotti worries about potential ‘systemic risk' from inflation
UBS Group AG Chief Executive Sergio Ermotti said Monday that he continues to worry about the long-term impact of inflation, but added that the global economy remains mostly stable for now.
UBS CEO talks technology, job cuts and his own future
UBS CEO Sergio Ermotti on Monday laid out some of the risks to the bank's ongoing integration of former rival Credit Suisse, while also discussing his own future, generative AI and whether the lender ...
UBS announces equity conversion provision for almost $5 billion in AT1 debt
UBS on Monday said almost $5 billion worth of Additional Tier 1 (AT1) bonds, a form of debt, have been made available for equity conversion following a decision by shareholders of the Swiss bank last ...
UBS Stock Is Up 4.5% Since The Q1 Results, What To Expect Next?
UBS' stock (NYSE: UBS) has lost 7% YTD, as compared to a 9% rise in the S&P500 over the same period. That said, the stock price has improved 4.5% since May 6 vs a 3.4% gain in the broader index.
UBS Weighs Investment Banker Bonus for Rich Client Referrals
UBS Group AG is reportedly considering introducing referral fees for investment bankers who attract new clients to the firm's wealth management business. Charlie Wells reports on Bloomberg Television.
Eurozone stocks are at their highest in 16 years. UBS now prefers Europe over U.S. equities.
The iShares MSCI Eurozone ETF EZU registered its highest close since June 2008, and other European benchmarks including the Stoxx Europe 600 XX:SXXP, the German DAX DX:DAX and U.K. FTSE 100 UK:UKX are...
Credit Suisse Announces Expected Coupon Payments on Credit Suisse X-Links® Exchange Traded Notes (the "ETNs")
NEW YORK , May 8, 2024 /PRNewswire/ -- On May 1, 2024, Credit Suisse announced expected coupon payments for the following ETNs: ETNTicker ETN Name ClosingIndicative Value on 4/30/24 Ex-Date Record Dat...
UBS Jumps as Swiss Lender Returns to Profit
UBS Group (UBS) shares soared in intraday trading Tuesday after the Swiss bank returned to a quarterly profit as it continued to integrate former rival Credit Suisse, which it absorbed in a government...
UBS CEO: Europe still has scope for domestic banking consolidation
Sergio Ermotti, the CEO of UBS, speaks to CNBC's Silvia Amaro.
UBS CEO: We are making very good progress in our Credit Suisse integration plans
Sergio Ermotti, the CEO of UBS, speaks to CNBC's Silvia Amaro after the bank's first-quarter results.
UBS CEO says job cuts in Switzerland to start in late 2024
UBS's CEO on Tuesday said the majority of job cuts in its home market, Switzerland, will start from around the end of the year and continue into 2025 and 2026.
UBS shares surge as bank returns to profit following takeover of Credit Suisse
UBS on Tuesday posted a return to profit from two consecutive quarters of losses, as the Swiss bank massively outstripped analysts' forecasts while benefiting from its ongoing takeover of rival Credit...
UBS earnings: Numbers 'heavily influenced' by integration of Credit Suisse, analyst says
Johann Scholtz of Morningstar discusses UBS' first-quarter results, and says its integration of Credit Suisse makes it "tricky" to compare numbers across periods.
UBS Beats Forecasts as Integration-Related Costs Fall
UBS returned to profit in the first quarter and booked $27 billion in new assets into its key global wealth management business.
UBS's Ermotti: We See 'Inflows Across Our Businesses'
UBS CEO Sergio Ermotti discusses the lender's performance and outlook after returning to profit following two loss-making quarters. Speaking to Bloomberg's Francine Lacqua in Zurich, Ermotti said the ...
UBS Back to Profit After Two Quarters
UBS said its net income in the first quarter was $1.8 billion, compared with analysts estimates of $598 million. The Zurich-based bank returned to profit after two loss-making quarters, with both weal...
UBS Group records robust Q1 FY24 revenue of $2.7 billion
UBS Group AG, the Swiss multinational investment bank and financial services firm, released its quarterly earnings report for Q1 of FY24 on 7 May 2024. The company reported a net profit of $1.8 billio...
UBS swings back to profit and smashes earnings expectations for the first quarter
It is the Swiss banking giant's first earnings report in the black since it completed the acquisition of fallen rival Credit Suisse.