UBS Buyback Plans Fail to Cheer Investors Awaiting Capital Rule
UBS Group AG said it aims to buy back up to $3 billion of its own shares this year, with Chief Executive Officer Sergio Ermotti returning more cash to investors amid progress in integrating Credit Suisse.
UBS Turns To Profit In Q4, Hikes Dividend, Plans $3 Bln Buyback; But Stock Down
UBS Group AG reported Tuesday a profit in its fourth quarter, compared to prior year's loss, benefited by increased revenues. The
UBS trounces profit forecasts, US$3 billion share buyback conditional on capital rules
UBS Group on Tuesday (Feb 4) posted fourth-quarter profit that beat forecasts by a wide margin and said it would buy back up to US$3 billion in shares this year if there were no major changes to bank capital rules in Switzerland in the near term.
UBS trounces profit forecasts, conditional $4 billion buyback unveiled
Investors have warmed to the Credit Suisse takeover, with UBS’s shares rising by more than 80 per cent since. Read more at straitstimes.com.
UBS Reports Strong Q4 Profit Growth, Warns Of Interest Income Decline
UBS Group AG shares down after reporting $11.6B sales, 7% Y/Y growth & EPS of $0.23, beating consensus. Global Wealth Management's net new assets rose 10% Y/Y.
UBS plans $3 billion buyback as it awaits Swiss Capital ruling
UBS said that it plans to repurchase $1 billion worth of its shares in the first half of this year, and an additional $2 billion in the second.
UBS Earnings: UBS Shares Drop 6% Despite Strong Q4 Profits and Buyback
Shares of the banking giant UBS Group AG (UBS) dropped nearly 6% in pre-market trading, despite reporting strong Q4 profits. The bank’s $3
UBS Aims to Boost Buybacks as Net Profit Beats Expectations
The group plans to repurchase $1 billion of its stock in the first half and buy back up to an additional $2 billion in the second.
Swiss giant UBS posts fourth-quarter profit beat, reveals up to $3 billion buyback
Swiss banking giant UBS on Tuesday posted $770 million in fourth-quarter net profit, compared with a mean forecast of $886.4 million in a LSEG poll of analysts and with a $483 million estimate in a company-provided estimate.
Swiss Regulator Finma Leans Against UBS Plea on Competitiveness
The chief executive of Switzerland’s financial regulator signaled that he’s resisting pressure to accept the competitiveness ...
Why UBS Group AG (UBS) Went Down on Tuesday
We recently compiled a list of the 10 Firms Fall Amid Disappointing Earnings Performance. In this article, we are going to take a look at where UBS Group AG (NYSE:UBS) stands against the other stocks.
UBS Group: Regulatory Overhang Dampens Q4 Earnings Beat
UBS Group AG exceeds Q4 expectations, plans for cost cuts and improved RoCET1, faces challenges post Credit Suisse takeover.
UBS Absorbs Tougher Swiss Trading Rules While Global Peers Delay
UBS Group AG said it managed to offset the effect of tougher rules on its trading operations which Switzerland had introduced ...
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Markets not fully pricing in inflation risk from tariffs, warns UBS chief
UBS Group AG Chief Executive Officer Sergio Ermotti warned that markets may not fully reflect the inflationary risk posed by ...
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UBS Reports Strong Q4, Upto $3B Buyback: But Potential Drag Due To Swiss Banking Reforms Dampens Wall Street Mood
NYSE-listed shares of Swiss giant UBS Group AG declined nearly 5% pre-market Tuesday after the lender reported strong ...
UBS targets 2025 return on CET1 capital of 10% amid integration progress
Q4 2024 Management View 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%.