UBS Group AG

NYSE:UBS Stock Report

Market Cap: US$162.3b

UBS Group Past Earnings Performance

Past criteria checks 3/6

UBS Group's earnings have been declining at an average annual rate of -3.2%, while the Capital Markets industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 9.8% per year. UBS Group's return on equity is 10.7%, and it has net margins of 17.9%.

Key information

-3.21%

Earnings growth rate

-1.75%

EPS growth rate

Capital Markets Industry Growth10.26%
Revenue growth rate9.85%
Return on equity10.69%
Net Margin17.95%
Next Earnings Update28 Oct 2026

Recent past performance updates

Recent updates

Seeking Alpha • Jul 26

UBS Is Being Overvalued - Here Is Why And My New Target

Summary UBS is fundamentally strong but currently overvalued, trading at a premium to book and peers. I assign UBS a 'HOLD' rating, with a forward fair value estimate of 48 CHF and an attractive entry at 32 CHF. Current market optimism overstates UBS's near-term growth, with risks from Credit Suisse integration and regulatory uncertainty. UBS offers quality and safety, but risk/reward is not compelling at present valuations; better opportunities exist elsewhere. Read the full article on Seeking Alpha
Seeking Alpha • Mar 25

UBS Group AG: Regulatory Tightness May Increase

Summary UBS faces tighter potential regulation due to its existential importance for the Swiss economy. UBS's profitability is relatively low compared to competitors, yet it trades at higher multiples than American, Eurozone banks of comparable size. CET1 requirements might be increased materially, potentially limiting dividends and buybacks, and possibly even necessitating an equity raise. Read the full article on Seeking Alpha
Seeking Alpha • Feb 04

UBS Group: Regulatory Overhang Dampens Q4 Earnings Beat

Summary UBS Group AG exceeded Q4 expectations with $11.6 billion in revenues and $770 million in net profit. UBS plans to achieve a 15% RoCET1 and cut $5.5 billion in costs by 2026, but buyback plans failed to boost sentiment. The Credit Suisse takeover hasn't significantly increased shareholder value, with UBS facing challenges in client retention and regulatory scrutiny. Despite uncertainties, UBS's fair valuation suggests upside potential at $45.5 per share, presenting an attractive risk/reward profile for investors. Read the full article on Seeking Alpha
Seeking Alpha • Dec 27

UBS Group: No Signs Of The Next Leg Up

Summary The stock has been trading sideways for the entire 2024, mainly due to stagnant Book Value and ROE. Wealth Management, its main unit, represents 60% of UBS's Revenue, but is still lagging in terms of ROE. To achieve its next leg up to $40, UBS needs to either improve ROE and/or grow book value, but there are no indications that this will happen any time soon. No downside risk appears to exist, but no clear opportunity is on the horizon as well. Therefore, the stock continues to be a Hold. Read the full article on Seeking Alpha

Revenue & Expenses Breakdown

How UBS Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:UBS Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2653,0409,52036,5250
31 Mar 2651,3119,11535,8870
31 Dec 2549,5967,76735,7000
30 Sep 2548,1937,33833,5370
30 Jun 2547,8956,28236,3260
31 Mar 2547,8545,02236,5920
31 Dec 2448,0295,08536,4310
30 Sep 2447,2084,03638,4060
30 Jun 2446,4371,89637,1120
31 Mar 2443,54128,09235,0950
31 Dec 2339,61427,36638,7760
30 Sep 2336,85129,29832,2620
30 Jun 2333,56431,74626,8520
31 Mar 2333,6296,52326,1680
31 Dec 2234,1777,63024,9100
30 Sep 2235,3157,32525,8390
30 Jun 2236,2747,87126,1870
31 Mar 2236,1267,76926,2750
31 Dec 2135,5027,45726,0580
30 Sep 2134,9257,74525,0550
30 Jun 2134,7327,55925,1330
31 Mar 2133,3066,78624,6390
31 Dec 2032,3866,55724,2350
30 Sep 2031,2925,64324,0190
30 Jun 2029,4434,59923,4040
31 Mar 2029,6064,75823,2680
31 Dec 1928,9274,30423,2020
30 Sep 1928,9403,89723,3490
30 Jun 1929,2884,10123,2080
31 Mar 1929,3374,09123,2620
31 Dec 1830,5034,51624,1570
30 Sep 1830,3291,69823,1950
30 Jun 1830,4791,45823,5700
31 Mar 1829,8621,20423,0560
31 Dec 1729,59196923,0090
30 Sep 1729,9544,15723,3280
30 Jun 1730,1264,07323,6170
31 Mar 1728,9793,76022,6360
01 Jan 1728,8243,34822,9480
30 Sep 1628,8653,61923,5130
30 Jun 1628,8954,87923,8060
31 Mar 1629,7725,14724,5590
31 Dec 1530,5666,19623,7460
30 Sep 1531,3126,25924,3880

Quality Earnings: UBS has a large one-off loss of $4.6B impacting its last 12 months of financial results to 30th June, 2026.

Growing Profit Margin: UBS's current net profit margins (17.9%) are higher than last year (13.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: UBS's earnings have declined by 3.2% per year over the past 5 years.

Accelerating Growth: UBS's earnings growth over the past year (51.5%) exceeds its 5-year average (-3.2% per year).

Earnings vs Industry: UBS earnings growth over the past year (51.5%) exceeded the Capital Markets industry 32.9%.

Return on Equity

High ROE: UBS's Return on Equity (10.7%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/14 23:13
End of Day Share Price 2026/09/14 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

UBS Group AG is covered by 34 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Reto AmstaldenBaader Helvea Equity Research
Ignacio Mendez TerrosoBanco Santander
Flora Benhakoun BocahutBarclays