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UBS reported a net profit that exceeded expectations, prompting the bank to consider increasing its share buybacks. This positive financial performance reflects the institution's strong position in the market and its commitment to returning value to shareholders.
UBS reported a net profit of $770 million for Q4 2024 and $5.1 billion for the year, driven by strong performance in asset management and global wealth management, despite narrowly missing a $100 billion inflow target. The integration of Credit Suisse is on track for completion by the end of 2026, with significant progress in client data migration and cost savings totaling $3.4 billion in 2024. Additionally, UBS reduced risk-weighted assets by $33 billion, enhancing its financial stability.
UBS reported a fourth-quarter net profit of $770 million, falling short of analyst expectations, and announced a $1 billion share buyback for the first half of 2025. The bank's revenue reached $11.635 billion, with investment banking revenues up 37% year-on-year. UBS aims for an additional $2.5 billion in cost savings this year, following a turbulent integration with Credit Suisse and amid broader restructuring in Europe’s banking sector.
UBS Group AG reported a net profit of $770 million in Q4, surpassing expectations. The company operates through four main divisions: wealth management (50.9% of income), investment banking (20.8%), client and commercial banking (20.2%), and asset management (6.3%). By the end of 2023, UBS managed $792 billion in deposits and $639.8 billion in loans.
UBS Group AG operates through four main business segments: wealth management (50.9% of revenues), investment banking (20.8%), retail and corporate banking (20.2%), and asset management (6.3%). By the end of 2023, the Group is set to manage USD 792 billion in deposits and USD 639.8 billion in loans.
UBS Group AG operates through four main divisions: wealth management (50.9% of income), investment bank (20.8%), client and commercial bank (20.2%), and asset management (6.3%). By the end of 2023, the Group managed USD 792 billion in deposits and USD 639.8 billion in loans.
BNP Paribas reported a 4.1% increase in net income for 2024, reaching 11.68 billion euros, driven by strong corporate and investment banking results. The bank plans to implement a new strategic plan for commercial banking in France and aims to maintain a 60% profit distribution policy to shareholders through 2026.
UBS Group AG plans to buy back $1 billion in shares during the first half of 2025. The company operates through four main segments: wealth management (50.9% of revenues), investment banking (20.8%), retail and corporate banking (20.2%), and asset management (6.3%). By the end of 2023, UBS will manage $792 billion in deposits and $639.8 billion in loans.
UBS Group AG reported a Q4 net profit of $770 million, surpassing expectations. The company operates across four main sectors: wealth management (50.9% of revenues), investment banking (20.8%), retail and corporate banking (20.2%), and asset management (6.3%). As of the end of 2023, UBS held USD 792 billion in current deposits and USD 639.8 billion in current loans.
UBS Group AG reported a rebound in Q4 2024, structured around four core businesses: wealth management (50.9% of revenues), investment banking (20.8%), retail and corporate banking (20.2%), and asset management (6.3%). By the end of 2023, the Group is set to manage USD 792 billion in deposits and USD 639.8 billion in loans.
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ubs plans increased buybacks following stronger than expected net profit
07:09 04.02.2025
ubs reports strong profit as credit suisse integration progresses
07:05 04.02.2025
ubs reports 770 million profit and announces billion dollar share buyback
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06:58 04.02.2025
ubs reports strong fourth quarter with 770 million net profit
06:56 04.02.2025
ubs group reports revenue breakdown and financial management goals for 2023
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ubs reports on changing market conditions and business performance in 2023
06:51 04.02.2025
BNP Paribas reports strong Q4 2024 results with rising net income
06:51 04.02.2025
ubs plans one billion dollar share buyback in first half of 2025
06:48 04.02.2025
ubs reports strong q4 net profit of 770 million dollars
06:47 04.02.2025
ubs group reports strong recovery in fourth quarter of 2024
06:46 04.02.2025
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