UBS Group AG (UBS)

UBS Group AG Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	43,055	31,743	11,782	8,533	10,109
Interest Income on Investments	-	3,770	1,403	1,431	-
Total Interest Income	43,055	35,513	13,185	9,964	10,109
Interest Paid on Deposits	35,947	28,216	6,564	3,259	4,247
Total Interest Expense	35,947	28,216	6,564	3,259	4,247
Net Interest Income	7,108	7,297	6,621	6,705	5,862
Net Interest Income Growth (YoY)	-2.59%	10.21%	-1.25%	14.38%	30.24%
Gain (Loss) on Sale of Assets	-	12	284	200	922
Gain (Loss) on Sale of Investments	-	7	843	50	40
Gain (Loss) on Sale of Equity Investments	-	-348	32	105	84
Other Non-Interest Income	41,502	33,682	26,537	28,405	26,172
Total Non-Interest Income	41,502	33,353	27,696	28,760	27,218
Non-Interest Income Growth (YoY)	24.43%	20.43%	-3.70%	5.67%	11.08%
Revenues Before Loan Losses	48,610	40,650	34,317	35,465	33,080
Provision for Loan Losses	551	1,037	29	-148	694
Revenue	48,059	39,613	34,288	35,613	32,386
Revenue Growth (YoY)	21.32%	15.53%	-3.72%	9.96%	11.96%
Salaries and Employee Benefits	24,777	22,707	17,680	18,387	17,224
Occupancy Expenses	3,368	2,307	2,058	2,118	2,126
Selling, General & Administrative	8,443	8,720	5,189	5,553	4,885
Other Non-Interest Expense	-1	2	-	-	-
Total Non-Interest Expense	36,587	33,736	24,927	26,058	24,235
EBT Excluding Unusual Items	11,472	5,877	9,361	9,555	8,151
Asset Writedown	-	-593	-3	-	-
Other Unusual Items	-	27,932	246	-71	4
Pretax Income	6,820	28,738	9,604	9,484	8,155
Income Tax Expense	1,675	873	1,942	1,998	1,583
Earnings From Continuing Operations	5,145	27,865	7,662	7,486	6,572
Minority Interest in Earnings	-60	-16	-32	-29	-15
Net Income	5,085	27,849	7,630	7,457	6,557
Net Income to Common	5,085	27,849	7,630	7,457	6,557
Net Income Growth	-81.74%	264.99%	2.32%	13.73%	52.35%
Basic Shares Outstanding	3,198	3,153	3,261	3,483	3,583
Diluted Shares Outstanding	3,351	3,296	3,397	3,627	3,707
Shares Change (YoY)	1.67%	-2.99%	-6.33%	-2.15%	-1.60%
EPS (Basic)	1.59	8.83	2.34	2.14	1.83
EPS (Diluted)	1.52	8.45	2.25	2.06	1.77
EPS Growth	-82.01%	275.56%	9.22%	16.48%	55.13%
Dividend Per Share	0.900	0.700	0.550	0.500	0.370
Dividend Growth	28.57%	27.27%	10.00%	35.14%	-49.32%
Effective Tax Rate	24.56%	3.04%	20.22%	21.07%	19.41%

Source: S&P Capital IQ. Banks template. Financial Sources.