UBS beats profit forecast but shares fall as buyback plan fails to impress
Fourth-quarter profit at UBS Group well exceeded forecasts on Tuesday but the lender's shares fell as its buyback plans, contingent on no changes to Swiss capital rules, failed to impress investors. Francis Maguire reports.
Q4 2024 Earnings Call Transcript February 4, 2025 Operator: Ladies and gentlemen, good morning. Welcome to the UBS Full Year ...
Shares of the banking giant UBS Group AG (UBS) dropped nearly 6% in pre-market trading, despite reporting strong Q4 profits.
UBS Group AG exceeds Q4 expectations, plans for cost cuts and improved RoCET1, faces challenges post Credit Suisse takeover.
UBS Group AG says it would have to fund any new capital requirement from the Swiss government through higher profit retention ...
Goldman Sachs analyst Chris Hallam maintained a Buy rating on UBS Group AG (UBS – Research Report) today and set a price target of CHF42.70.
UBS said that it plans to repurchase $1 billion worth of its shares in the first half of this year, and an additional $2 ...
UBS reports 4Q24 net profit of USD 0.8bn and FY24 net profit of USD 5.1bn; proposes USD 0.90 dividend per share and continuation of share repurchases; continuing to invest for long-term growth ...
UBS Group AG Chief Executive Officer Sergio Ermotti warned that markets may not fully reflect the inflationary risk posed by ...
CEO Sergio Ermotti highlighted the strong fourth-quarter and full-year 2024 performance, with a net profit of $5.1 billion and underlying return on CET1 capital of 8.7%. Ermotti emphasized the ...
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UBS Reports Strong Q4, Upto $3B Buyback: But Potential Drag Due To Swiss Banking Reforms Dampens Wall Street MoodNYSE-listed shares of Swiss giant UBS Group AG declined nearly 5% pre-market Tuesday after the lender reported strong ...
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