UBS Group AG (UBS)
| Market Cap | 90.23B |
| Revenue (ttm) | 48.61B |
| Net Income (ttm) | 33.15B |
| Shares Out | 3.21B |
| EPS (ttm) | 9.26 |
| PE Ratio | 3.31 |
| Forward PE | 35.59 |
| Dividend | $0.35 (1.25%) |
| Ex-Dividend Date | May 1, 2024 |
| Volume | 2,169,819 |
| Open | 28.00 |
| Previous Close | 28.11 |
| Day's Range | 27.96 - 28.36 |
| 52-Week Range | 18.71 - 32.13 |
| Beta | 1.02 |
| Analysts | Buy |
| Price Target | 32.18 (+14.44%) |
| 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 3 analysts, the average rating for UBS stock is "Buy." The 12-month stock price forecast is $32.18, which is an increase of 14.44% from the latest price.
News
Exclusive: UBS shuts some China private funds, will lay off staff, sources say
UBS is shutting down some of its China private funds business and will lay off one-third of the staff as the Swiss bank cuts operating costs in the country, said three sources with direct knowledge of...
UBS plans next round of layoffs in Credit Suisse integration, Bloomberg News reports
UBS Group is planning another round of job cuts after its takeover of Credit Suisse that is expected to affect over a hundred positions across the group's global investment bank, Bloomberg News report...
UBS Plans Another Round of Job Cuts
UBS Group AG is planning another round of job cuts as the firm continues to trim headcount following its rescue of Credit Suisse, according to people with knowledge of the matter. Katherine Doherty ha...
European bank stocks are a better bet than U.S. peers, says JPMorgan
Investors should consider buying European bank stocks ahead of their U.S. counterparts, according to analysts at JPMorgan.
UBS increasing capital by $25 bln is right level, say Swiss authorities
Forcing UBS to hold some $25bn more in capital would be the “right” level, according to Swiss lawmakers.
UBS publishes restated historical segment-level financial data
Switzerland's UBS on Tuesday published restated historical segment-level financial data reflecting previously-announced changes that it said would have no impact on its Group results.
UBS added capital needs of $15-25 bln are realistic, Swiss minister says
Estimates that Swiss bank UBS will require another $15 billion to $25 billion in capital under government proposals aimed at making the banking sector more robust are about right, Switzerland's financ...
13 UBS advisors in the Philadelphia D.C. Wealth Management Market named to the Barron's Top 1200 Financial Advisors list
PHILADELPHIA--(BUSINESS WIRE)--UBS today announced that 13 advisors in the firm's Philadelphia D.C. wealth management market have been named to the Barron's Top 1200 Financial Advisors list for 2024. ...
New capital requirements for Swiss banks will slow growth at UBS, says finance minister
The Swiss government's proposed tougher capital requirements for the banking industry will impact UBS's ability to grow, the country's finance minister said in an interview published on Saturday.
UBS Private Wealth Management hires Regina Bronson and Alex Gitomer in New York City
NEW YORK--(BUSINESS WIRE)--UBS Private Wealth Management today announced that Regina Bronson and Alex Gitomer will be joining the firm as Managing Directors and Private Wealth Advisors in New York Cit...
UBS could need $10 bln-$15 bln in extra capital to meet new Swiss rules, analyst says
UBS might need to retain $10 billion to $15 billion in excess capital after Switzerland's government this week laid out plans for tougher capital requirements for the enlarged lender, Autonomous Resea...
UBS shares move lower after politicians request strong capital requirements
CNBC's Silvia Amaro reports on the "Too Big To Fail" report from Switzerland, which calls for strong capital requirements from banking giant UBS after the absorption of Credit Suisse.
'Lose-lose situation': New Swiss bank laws could derail UBS challenge to Wall Street giants
Beat Wittman, partner at Porta Advisors, reviews new Swiss banking regulation and its potential impact on UBS in the wake of its absorption of Credit Suisse.
Swiss banking plan leaves 'relieved' UBS out of immediate firing line
UBS could take years to feel the bite of new regulations after the Swiss government set out plans aimed at keeping the "monster bank" in line that were light on detail and heralded a tortuous politica...
Swiss call for change to 'unrealistic' bank liquidity rules
Switzerland called on Wednesday for changes to global measures to prevent liquidity crunches which were introduced after the global financial crisis, to make bank runs less calamitous.
Swiss minister criticises big bank bonuses as UBS set for stricter rules
Switzerland's finance minister took aim at bonus excesses and inflated salaries at banks on Wednesday as she unveiled 22 proposals designed to strengthen the Swiss financial sector after the implosion...
Switzerland Moves to Hike UBS Capital Requirements
Switzerland said UBS will have to hold substantially more capital under new rules aimed at preventing a repeat of Credit Suisse's near-collapse last year.
Swiss government backs tougher rules for banks, causing UBS shares to drop
Switzerland's government on Wednesday put forward plans that would see the country's top banks subject to new rules aimed at preventing a repeat of the crisis that crashed Credit Suisse in March 2023,...
Swiss plans to make banks safer after Credit Suisse collapse
Switzerland put forward on Wednesday proposals for UBS and three other systemically relevant banks aimed at protecting the country from a repeat of last year's Credit Suisse collapse.
UBS to face tougher rules in Swiss response to Credit Suisse rescue
Switzerland's government said on Wednesday that UBS and three other systemically relevant banks must face tougher capital requirements to shield the country's wider economy, a year after the rescue of...
Up 50% In The Last 12 Months, Where Is UBS Stock Headed?
UBS' stock (NYSE: UBS) has gained 1% YTD, whereas S&P500 has increased 9% over the same period. Further, at the current price of $31 per share, it is trading at par with its fair value – Trefis' estim...
UBS weighs Credit Suisse China stake swap with Beijing government, Bloomberg News reports
UBS Group is in discussions to attain full ownership of its China platform by swapping its holding in Credit Suisse's onshore securities venture with a Beijing government investment fund, Bloomberg Ne...
UBS JV to acquire Credit Suisse Japan wealth management business
UBS said on Monday its Japanese wealth management joint venture with SuMi TRUST Wealth Management Co, will acquire Credit Suisse's wealth management business in Japan following the Swiss bank's absorp...
UBS on the brink of Switzerland's 'too big to fail' reckoning
Since UBS rescued its stricken rival Credit Suisse a year ago, it has been waiting to hear how authorities will protect Switzerland from the risk of the country's only remaining big bank also implodin...
UBS CEO says Credit Suisse integration will be a 'case study' for the global banking industry
Speaking at the Ambrosetti Spring Forum, UBS CEO Sergio Ermotti discusses the Swiss bank's integration process with Credit Suisse and how European banks can improve their competitiveness with U.S. pee...