{"id":57427,"date":"2026-04-29T05:34:43","date_gmt":"2026-04-29T05:34:43","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/57427\/"},"modified":"2026-04-29T05:34:43","modified_gmt":"2026-04-29T05:34:43","slug":"ubs-profits-rocket-80-to-3-billion-for-first-quarter-beat","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/57427\/","title":{"rendered":"UBS profits rocket 80% to $3 billion for first quarter beat"},"content":{"rendered":"<p>UBS generated a net profit attributable to shareholders of $3 billion for the first quarter, up 80% year-on-year and surpassing the $2.8 billion estimated by analysts, according to an LSEG-compiled consensus poll.  <\/p>\n<p>The Swiss banking and asset management giant&#8217;s common equity tier (CET) 1 capital ratio \u2014 a gauge of a bank&#8217;s solvency \u2014 also increased, reaching 14.7% during the period, up from 14.4% the previous quarter.<\/p>\n<p>The bank remains on track to buy back $3 billion in shares ahead of its next earnings report for the second quarter, having repurchased $900 million of shares during the three-month period.<\/p>\n<p>Underlying profits before tax totaled $3.9 billion, up 54% year-on-year and beating analyst expectations of $3.2 billion. <\/p>\n<p>Stock Chart IconStock chart icon<img decoding=\"async\" src=\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\" class=\"Collapsible-dismissButton\" alt=\"hide content\"\/><\/p>\n<p>UBS.<\/p>\n<p>This is a breaking news story, please check for further updates.<\/p>\n<p><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"UBS generated a net profit attributable to shareholders of $3 billion for the first quarter, up 80% year-on-year&hellip;\n","protected":false},"author":2,"featured_media":57428,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[129],"tags":[1712,166,8752,223,880],"class_list":{"0":"post-57427","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ubs","8":"tag-banks","9":"tag-business-news","10":"tag-dividends","11":"tag-ubs","12":"tag-ubs-group-ag"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116486371030563093","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/57427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=57427"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/57427\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/57428"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=57427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=57427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=57427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}