UBS Group AG (UBS)
| Market Cap | 96.26B |
| Revenue (ttm) | 48.61B |
| Net Income (ttm) | 33.15B |
| Shares Out | 3.21B |
| EPS (ttm) | 9.35 |
| PE Ratio | 3.47 |
| Forward PE | 35.59 |
| Dividend | $1.05 (3.50%) |
| Ex-Dividend Date | May 1, 2024 |
| Volume | 1,346,516 |
| Open | 29.62 |
| Previous Close | 29.94 |
| Day's Range | 29.59 - 30.03 |
| 52-Week Range | 19.26 - 32.13 |
| Beta | 1.02 |
| Analysts | Buy |
| Price Target | 32.18 (+7.2%) |
| 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 7.20% from the latest price.
News
UBS Advisor David Schachter Named to the Forbes Best-In-State Wealth Advisors list
LOS ANGELES--(BUSINESS WIRE)--UBS Wealth Management USA announced today that David Schachter, a Financial Advisor in the firm's Los Angeles Market, has been named to the Forbes Best-in-State Wealth Ad...
UBS completes merger of Swiss business with Credit Suisse
Swiss bank UBS has completed the merger of its domestic unit with Credit Suisse's operations in its home market, the bank said on Monday, adding that the head of the Credit Suisse business was leaving...
UBS completes merger of UBS Switzerland AG and Credit Suisse (Schweiz) AG
ZURICH--(BUSINESS WIRE)--Regulatory News: Ad hoc announcement pursuant to Article 53 LR. UBS (NYSE:UBS) (SWX:UBSN) announces today that it has completed the merger of UBS Switzerland AG and Credit Sui...
The Matthews Group at UBS Ranked a Top Wealth Management Team by Barron's, Forbes
BELLEVUE, Wash.--(BUSINESS WIRE)--UBS Private Wealth Management today announced that financial advisor team The Matthews Group has been named to the Barron's 2024 Top 250 Private Wealth Management Tea...
UBS's new wealth management co-leaders announce reshuffle
UBS is making changes to its wealth management arm, the division's new co-leaders Rob Karofsky and Iqbal Khan said in their first internal memo sent on Thursday and seen by Reuters.
UBS bolsters Middle East wealth management business with 10 new hires
UBS has strengthened its wealth management team in the Middle East with 10 new hires, it said on Tuesday, as the Swiss bank moves to tap into the influx of expatriates and growing population of rich i...
UBS appoints Ryann Kilgore to lead Greater New England Market
HARTFORD, Conn.--(BUSINESS WIRE)--UBS Wealth Management USA today announced that Ryann Kilgore has been appointed Market Executive for the firm's Greater New England Wealth Management Market. Ryann br...
Foreign banks target Switzerland after UBS takeover of Credit Suisse
As Credit Suisse fades into history following its takeover by UBS last year, global banks are expanding in Switzerland to take advantage of companies' desire to spread their business.
UBS to sell partial stake of a joint venture to Beijing state asset manager
UBS is selling a partial stake in one of its securities joint ventures to Beijing State-owned Asset Management(BSAM), a key step for the Swiss bank as it consolidates China operations after its merger...
Diversification is key right now: UBS Global Wealth Management
Jin Yee Young, co-head of UBS Global Wealth Management APAC explains the shift into developed markets fixed income and the growth of private markets investment in Asia.
UBS GWM CIO breaks down the potential impact of the U.S. presidential election
Mark Haefele of UBS Global Wealth Management says a second Trump presidency will benefit some bank and commodity stocks, but be "less good" for consumer staples and renewables stocks.
GIST Impact, a leading impact data and analytics provider, receives investment from UBS Next
ZURICH--(BUSINESS WIRE)--GIST Impact, a leading impact data and analytics provider, receives investment from UBS Next.
Credit Suisse collapse showed weakness in regulatory framework: SNB
The collapse of Swiss bank Credit Suisse last year has highlighted weaknesses in the regulatory framework, the Swiss National Bank said on Thursday.
Swiss financial regulator closes UBS antitrust probe after Credit Suisse merger
Switzerland's financial regulator, FINMA, on Wednesday said it would not further investigate UBS's market dominance after it rescued Credit Suisse last year.
LatAm allocation a 'must' for portfolios, UBS EM Americas CIO says
A spate of political reforms and economic cycles has elevated Argentinian dollar-denominated sovereign bonds and Latin American corporate bonds to rank among key "areas of interest," the chief investm...
UBS CEO pushes back against Swiss critics of bank's size
UBS's CEO on Tuesday hit out at suggestions Switzerland should set tougher regulations for the bank after its 2023 takeover of Credit Suisse, saying "fear" and "populist" critics were doing down the b...
UBS Announces Payment at Maturity of the UBS AG FI Enhanced Large Cap Growth ETNs
NEW YORK--(BUSINESS WIRE)--UBS AG announced today the Payment at Maturity of the UBS-issued UBS AG FI Enhanced Large Cap Growth ETNs due June 19, 2024 (the “ETNs”), as set forth in the following table...
UBS begins major share buy-back programme
UBS has begun a share buyback program announced earlier this year, and repurchased 44.8 million Swiss francs ($50.21 million) worth of shares last week, the Swiss bank said on Monday.
UBS Offers to Pay 90% on Funds Hit by Greensill Collapse
UBS will offer investors in Credit Suisse funds linked to the collapse of Greensill Capital a redemption at 90% of the net asset value on Feb. 25, 2021, as the Swiss bank looks to clear through the le...
UBS to book $0.9 bln provision linked to inherited Greensill funds
UBS expects to record a provision of around $0.9 billion, the Swiss bank said on Monday, in connection to Credit Suisse's funds linked to collapsed supply chain financing firm Greensill Capital.
Inflation in India is on a decelerating path, says UBS
Tanvee Gupta Jain of the bank says it expects inflation in India to be below 4% by the September quarter, but could rise again in the second half of financial year 2025.
St James's Place hires UBS executive as CFO
British wealth manager St James's Place said on Thursday it had hired UBS executive Caroline Waddington to be its chief financial officer, succeeding Craig Gentle who plans to retire.
Fighting food inflation: UBS' Michael Lasser on the end of one-stop grocery shop
Michael Lasser, UBS retail analyst, joins 'Squawk Box' to discuss the state of rising grocery prices, which retailers stand most to benefit as consumers look for alternatives to fight inflation, and m...
See Two Fed Cuts This Year, UBS' Baweja Says
UBS Chief Strategist Bhanu Baweja says he sees two Fed cuts this year being shown in the latest dot plot from the Federal Reserve, but if the dots only show one cut he thinks the FOMC won't move rates...
US 10-Year Can Decline 20-25 Bps by End of Year: UBS's Baweja
Bhanu Baweja, chief strategist at UBS, says bond yields are “fairly attractive at these levels” as he discusses his expectations for declines in US 2-Year and 10-Year Treasuries. -------- More on Bloo...