Stock Analysis
UBS Group (VTX:UBSG) First Quarter 2024 Results
Key Financial Results
- Revenue: US$12.6b (up 45% from 1Q 2023).
- Net income: US$1.76b (up 71% from 1Q 2023).
- Profit margin: 14% (up from 12% in 1Q 2023).
- EPS: US$0.52 (up from US$0.34 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
UBS Group Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 7.4%. Earnings per share (EPS) also surpassed analyst estimates by 172%.
Looking ahead, revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Capital Markets industry in Switzerland.
Performance of the Swiss Capital Markets industry.
The company's shares are up 10% from a week ago.
Risk Analysis
We should say that we've discovered 4 warning signs for UBS Group (1 makes us a bit uncomfortable!) that you should be aware of before investing here.
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Find out whether UBS Group is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About SWX:UBSG
UBS Group
Provides financial advice and solutions to private, institutional, and corporate clients worldwide.
Excellent balance sheet with proven track record and pays a dividend.