UBS reports quarterly net profit of $3 billion

Published on April 29, 2026

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UBS once again earned significantly more than expected in the first quarter of 2026. The integration of Credit Suisse is almost complete. The Swiss bank earned $3.04 billion in profits in the first three months of 2026, 80% than in the previous year, it announced on Wednesday. Analysts had expected an average of just $2.43 billion. UBS had already earned more than the experts' estimates in each of the last few quarters. + Get the most important news from Switzerland in your inbox Adjusted for integration costs, UBS reports a pre-tax profit for the period of $3.99 billion (+54%). Meanwhile, the bank's income rose by 13% to $14.24 billion, while expenses remained more or less stable at $10.33 billion. The cost/income ratio, which is important for a bank, thus improved significantly to 70.2% on an adjusted basis. High inflow of new money In its core business - global asset management - the bank attracted $37 billion net in new money in the first quarter. Nevertheless, assets under ... Full story here Are you the author?

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