UBS Group AG (UBS)
| Market Cap | 101.28B |
| Revenue (ttm) | 47.21B |
| Net Income (ttm) | 4.52B |
| Shares Out | 3.19B |
| EPS (ttm) | 1.35 |
| PE Ratio | 22.41 |
| Forward PE | 14.96 |
| Dividend | $1.05 (3.30%) |
| Ex-Dividend Date | May 1, 2024 |
| Volume | 1,481,439 |
| Open | 31.86 |
| Previous Close | 31.85 |
| Day's Range | 31.61 - 31.91 |
| 52-Week Range | 25.98 - 33.34 |
| Beta | 1.00 |
| Analysts | Hold |
| Price Target | 32.18 (+1.1%) |
| Earnings Date | Oct 30, 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 $39.61 billion, an increase of 15.53% compared to the previous year's $34.29 billion. Earnings were $27.85 billion, an increase of 264.99%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for UBS stock is "Hold." The 12-month stock price forecast is $32.18, which is an increase of 1.10% from the latest price.
News
UBS boss Ermotti flags Credit Suisse client migration challenge
UBS CEO Sergio Ermotti said on Monday that moving Credit Suisse clients in Switzerland onto the bank's own platform from next year promises to be the main challenge of the toughest phase in integratin...
UBS Hires Ryan Lurie to Lead Arizona Wealth Management Market
PHOENIX--(BUSINESS WIRE)-- #BestWealthManagement--Ryan Lurie, APMA™ has been appointed by UBS to lead its Arizona offices. He'll be based in the Scottsdale office to oversee staff.
Exclusive: US scrutinizes Russia accounts UBS took over from Credit Suisse, sources say
The United States is pursuing an inquiry into Russian clients that UBS took on when it bought Credit Suisse, three people familiar with the matter said, heightening scrutiny of one of the world's bigg...
UBS Hires Financial Advisor Anibal Drelichman in Washington, D.C.
WASHINGTON--(BUSINESS WIRE)--UBS today announced the hiring of Financial Advisor Anibal Drelichman in Washington, D.C. Anibal and his team join the UBS Philadelphia D.C. Wealth Management Market, led ...
UBS AG Published its 3Q24 Financial Report (Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules)
ZURICH--(BUSINESS WIRE)--Regulatory News: UBS AG (NYSE:UBS) (SWX:UBSN) today published its third-quarter 2024 financial report and Pillar 3 report. UBS Group AG previously reported its third-quarter r...
EU court dismisses Credit Agricole, Credit Suisse challenges against EU cartel fines
Europe's second top court on Wednesday dismissed challenges by Credit Suisse (CSAG.UL), now part of UBS , and Credit Agricole against million-euro fines issued by EU antitrust regulators in 2021 for t...
Resolvability key to UBS capital requirements, minister says
How much capital UBS needs to hold under new stability measures being considered by Swiss authorities will depend on the resolvability of the bank, Finance Minister Karin Keller-Sutter said on Thursda...
UBS Hires Financial Advisor Denise Meulebrouck in Birmingham, MI
BIRMINGHAM, Mich.--(BUSINESS WIRE)--UBS Wealth Management USA today announced that Denise Meulebrouck has joined the firm as a Financial Advisor based in Birmingham, Michigan. She brings more than 27 ...
Systemically important banks have enough capital, UBS chairman says
Banks regarded as too big to fail are sufficiently capitalized, UBS Chairman Colm Kelleher said on Thursday, as his bank seeks to avoid regulations currently taking shape in Switzerland that could hur...
UBS Global Wealth Management: market still 'supportive for equities', but not overpriced
Brenda O'Connor Juanas expects solid earnings in the tech space, adding that the macro environment remains supportive for equities, and financials and utilities look attractive from a valuation standp...
UBS Group AG (UBS) Q3 2024 Earnings Call Transcript
UBS Group AG (NYSE:UBS) Q3 2024 Earnings Conference Call October 30, 2024 4:00 AM ET Company Participants Sarah Mackey – Head, IR Sergio Ermotti - Group CEO Todd Tuckner - Group CFO Conference Call P...
UBS remains in discussion with Swiss govt over capital plans, CEO says
UBS remains in "technical discussions" with the Swiss government about its plans for the bank to hold more capital but is yet to receive feedback, CEO Sergio Ermotti said on Wednesday.
Stocks have rarely been this expensive versus bonds. Now, UBS expects that to change.
Stocks are now expected to weaken versus bonds, argue UBS strategists.
U.S. election won't be an 'uneventful event' for global markets, UBS chief says
"We do expect, no matter who wins and the outcome, we do expect some market movements. And it remains to be seen how investors will react," Ermotti added.
UBS Ermotti: Brace For Volatility as Markets Expect Trump Win
Investors around the world are betting on a Donald Trump victory in US elections next week, but whatever the outcome more volatility is in store, UBS CEO Sergio Ermotti said. Read more: https://www.bl...
UBS smashes forecasts with bumper profit, warns of volatility around U.S. elections
The Swiss bank's profits were boosted by the ongoing integration of wealth management accounts previously run by its main rival Credit Suisse
UBS CEO Sergio Ermotti on Earnings and Why He's Wary of US Election Risks
UBS CEO Sergio Ermotti discusses the integration of Credit Suisse, the US election and the outlook for inflation. He also comments on share buybacks, capital requirements and the prospects for UBS's A...
U.S. election will not be an 'uneventful event' for markets, UBS chief Sergio Ermotti warns
UBS CEO Sergio Ermotti discusses the market outlook for the fourth-quarter, from macroeconomic and geopolitical uncertainty to the impact of the upcoming U.S. elections.
UBS reports $1.4bn profit in Q3
UBS posts $1.4bn in Q3 net profit as the lender accelerated the integration of former rival Credit Suisse. Standard Chartered almost doubles its quarterly pre-tax profit which prompts the London-based...
UBS and Standard Chartered surpass Q3 profit expectations, signal growth amid strategic shifts
European banking giants UBS and Standard Chartered reported robust third-quarter earnings, outperforming market expectations and showcasing strategic growth across wealth management and international ...
UBS Net Profit Beats Expectations
UBS reported a third-quarter net profit that beat analysts' expectations, lifted by its investment bank and wealth-management arm and lower expenses from the integration of former rival Credit Suisse.
UBS posts bigger-than-expected net profit in third quarter
UBS Group on Wednesday reported a forecast-beating quarterly net profit of $1.4 billion helped by cost reductions and revenue growth as the bank carried out its first wave of client migrations from Cr...
Swiss bank UBS smashes third-quarter expectations with $1.4 billion in profit
Swiss banking titan UBS on Wednesday posted a large profit beat, after completing its first wave of client migrations following its integration of collapsed domestic rival Credit Suisse.
UBS reports $1.4 bln net profit attributable to shareholders in Q3
UBS Group on Wednesday reported a net profit of $1.4 billion attributable to shareholders in the third quarter, which compared with the $740 million forecast by analysts in a company-provided poll.
UBS reports 3Q24 net profit of USD 1.4bn with 6.2trn in invested assets; delivering for clients, executing on integration at pace and investing for growth (Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules)
ZURICH--(BUSINESS WIRE)--Regulatory News: UBS (NYSE:UBS) (SWX:UBSN): Key highlights 3Q24 PBT of USD 1.9bn and underlying1 PBT of USD 2.4bn demonstrating the strength of our client franchises, diversif...