The UBS Group AG office successful Zurich, Switzerland, connected Wednesday, July 30, 2025.
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Swiss banking elephantine UBS connected Wednesday reported stronger-than-expected third-quarter nett profit, citing important momentum successful its halfway businesses.
Net nett attributable to shareholders came successful astatine $2.5 cardinal for the three-month period, up 74% from $1.43 billion successful the aforesaid play of past year. Analysts had expected third-quarter nett net of $1.85 billion, according to an LSEG-compiled consensus.
Switzerland's largest slope posted third-quarter revenues of $12.76 billion, somewhat supra expert expectations of $12.68 billion.
The results travel arsenic UBS continues to navigate the complex integration of Credit Suisse, with the Zurich-headquartered slope acceptable to implicit the process by the extremity of adjacent year. UBS formally completed the ineligible takeover of its home rival arsenic portion of a state-backed rescue successful 2023.
However, the slope present faces a perchance important summation successful its mandatory superior requirements arsenic the authorities seeks to larn from Credit Suisse's illness and trim risks for taxpayers and the economy.
UBS, for its part, said successful June that portion it supports astir of the regulatory proposals outlined by the Swiss Federal Council, it "strongly disagrees" with what it described arsenic the "extreme" summation successful superior requirements.
Shares of UBS are up much than 11% truthful acold this year.
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