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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| UBS Group AG | NYSE:UBS | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.41 | 1.53% | 27.23 | 27.24 | 26.975 | 27.13 | 2,124,016 | 01:00:00 |
From May 2019 to May 2024
By John Letzing
ZURICH--UBS Group AG on Monday reported a profit for the second quarter that was ahead of estimates as the Swiss bank released the results a day early, prompted by a local media report.
Zurich-based UBS, which had been scheduled to report its latest results Tuesday, said net profit rose to 1.21 billion Swiss francs ($1.26 billion) in the quarter, up from CHF792 million in the same period last year.
Analysts had expected the Swiss bank to report a net profit of CHF878 million. Operating income rose to CHF7.82 billion from CHF7.15 billion, UBS said.
Adjusted net new money at the bank's flagship wealth management unit was CHF8.4 billion, UBS said.
UBS had been scheduled to release its financial results Tuesday. However, a Swiss newspaper published a report Sunday, citing anonymous sources, which included an inaccurate figure for the bank's profit for the second quarter.
Write to John Letzing at john.letzing@wsj.com
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