{"id":57716,"date":"2026-04-29T14:25:16","date_gmt":"2026-04-29T14:25:16","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/57716\/"},"modified":"2026-04-29T14:25:16","modified_gmt":"2026-04-29T14:25:16","slug":"ubs-q1-2026-earnings-profit-rises-80-on-record-trading","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/57716\/","title":{"rendered":"UBS Q1 2026 earnings: profit rises 80% on record trading"},"content":{"rendered":"\n

First-quarter net profit at UBS came in at $3 billion for 2026, a figure that represented an 80% increase from the same period a year earlier, the company said. An LSEG-compiled consensus poll of analyst estimates had put the figure at $2.8 billion, meaning the bank came in ahead of expectations, CNBC<\/a> reported.<\/p>\n

Total reported revenues reached $14.2 billion for the quarter, up 13% year-over-year. The investment bank was the standout division, with reported revenues of $4.1 billion, up 27%.<\/p>\n

Records were set across equities and foreign exchange, rates, and credit within the Global Markets trading arm, pushing its underlying revenues to $3.3 billion \u2014 a figure UBS described as an all-time high for that unit. Equity capital markets was a particularly strong performer, contributing to a 30% rise in underlying revenues for the advisory and capital markets unit.<\/p>\n

Net new assets in Global Wealth Management totaled $37.4 billion, equivalent to annualized growth of 3.1%, with transaction-based income for the division up 17% compared with the year-ago period. The bank’s asset management unit added $14 billion in net new money.<\/p>\n

Group invested assets stood at $6.9 trillion at the end of the quarter.<\/p>\n

A target of $3 billion in total share repurchases is expected to be reached before second-quarter results are published, with $900 million of buybacks already completed in the first three months of the year, UBS said. Beyond that, further buybacks before year-end remain an objective, though the bank indicated that parliamentary progress on Swiss capital rules, along with broader financial conditions and sustaining an approximate 14% CET1 ratio, would factor into any such decision. At quarter-end, the CET1 ratio was 14.7%, compared with 14.4% three months earlier.<\/p>\n

Looking ahead, UBS cautioned that net interest income in its Personal & Corporate Banking and Global Wealth Management businesses is unlikely to move materially from first-quarter levels.<\/p>\n

CEO Sergio Ermotti said UBS had delivered “excellent financial results” and remains on track to meet its financial objectives for 2026. “We saw all our business delivering double-digit growth in profitability,” Ermotti told CNBC<\/a>.<\/p>\n

The strong quarterly results come as UBS faces a proposed overhaul of Swiss banking regulations. Under legislation recently advanced by the Swiss government, UBS’s foreign subsidiaries would need to be fully capitalized on a standalone basis \u2014 a requirement that analysts and the bank itself have estimated would translate into roughly $20 billion in additional core capital, Reuters<\/a> reported. Combined with capital requirements stemming from its acquisition of Credit Suisse, the total additional CET1 capital requirement at the UBS AG standalone level would reach about $37 billion, UBS said.<\/p>\n","protected":false},"excerpt":{"rendered":"First-quarter net profit at UBS came in at $3 billion for 2026, a figure that represented an 80%…\n","protected":false},"author":2,"featured_media":57717,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[129],"tags":[18582,26864,2464,32097,223],"class_list":{"0":"post-57716","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ubs","8":"tag-capital-rules","9":"tag-equity-capital-markets","10":"tag-global-wealth-management","11":"tag-reported-revenues","12":"tag-ubs"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116488458891194045","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/57716","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=57716"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/57716\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/57717"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=57716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=57716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=57716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}