The decline in UBS shares continued in morning trading, with a decrease of 1.4% to CHF 27.95 as of 09:28 a.m. The stock opened at CHF 28.12 and has seen a total of 288,771 shares traded so far.

Currently, UBS is performing below average in the SMI, which is at 11,604 points. The share price is currently 5.80% below its highest point in the past 52 weeks, which was CHF 29.57 on October 30, 2024, and 19.39% above its lowest point in the past 52 weeks, which was CHF 22.53 on August 5, 2024.

In terms of financial performance, UBS reported earnings per share (EPS) of CHF 0.39 for the quarter ending September 30, 2024, a significant improvement from CHF -0.21 in the same quarter the previous year. However, the bank experienced a slight decline in revenue of 0.21%, with turnover at CHF 18.86 billion compared to CHF 18.90 billion a year earlier.

Analysts predict a dividend increase to USD 0.819 for 2024, following a distribution of CHF 0.640 in 2023. UBS is expected to release its Q4 2024 results on February 4, 2025, with projected earnings of USD 1.77 per share for the year.