UBS shares experienced a decline of 0.4 percent to CHF 28.36 in early trading on Monday, making it one of the underperformers in the SMI, which is currently at 12,312 points.

The stock briefly dropped to CHF 28.23 after opening at CHF 28.25, with a total of 117,565 shares traded. Over the past year, UBS reached a high of CHF 28.78 on June 3, 2024, and a low of CHF 20.88 on October 27, 2023.

The company has projected a dividend of USD 0.823 for the current year, an increase from CHF 0.640 per share last year. UBS reported earnings per share (EPS) of CHF 0.32 for the quarter ending June 30, 2024, a significant decrease from CHF 8.42 per share in the same period last year. Turnover rose by 38.06 percent to CHF 19.76 billion, compared to CHF 14.32 billion in the previous year.

The Q3 2024 balance sheet is eagerly anticipated by investors and is set to be released on October 30, 2024. Experts are predicting earnings of USD 1.65 per share for 2024.