UBS reports strong third-quarter results exceeding market expectations

UBS Group AG has reported impressive third-quarter results, exceeding expectations by a significant margin.

The company operates in four main segments:

  • Wealth management, which contributes 54.3% of revenues
  • Investment banking at 24.9%
  • Retail and corporate banking at 12.3%
  • Asset management at 8.5%

As of the end of 2022, UBS manages CHF 525.1 billion in deposits and CHF 387.2 billion in loans.

Geographically, its operating income is well-diversified:

  • 22.3% generated in Switzerland
  • 20.2% in the Europe-Middle East-Africa region
  • 39.9% in the Americas
  • 16.2% in Asia-Pacific
  • 1.4% from other areas
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