UBS shares experienced a successful performance in the SMI, rising by 1.0% to CHF 28.85 during the SIX SX session at 09:28. The stock reached its daily high of CHF 28.85 after opening at CHF 28.65, with a total of 115,801 shares traded so far.
Although the share price is currently 2.50% below its 52-week high of CHF 29.57 achieved on October 30, 2024, it remains 28.05% above its 52-week low of CHF 22.53 recorded on August 5, 2024.
Experts predict a dividend payout of USD 0.819 for this year, which is an increase from CHF 0.640 in 2023. UBS reported earnings per share of CHF 0.39 for the quarter ending September 30, 2024, a significant improvement from CHF -0.21 in the same quarter last year. The bank generated CHF 18.86 billion in turnover for the past quarter, reflecting a slight decline of 0.21% compared to the previous year's CHF 18.90 billion.
Projections indicate that the results for Q4 2024, with earnings of USD 1.76 per share for the full year 2024, will be released on February 4, 2025.