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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 | |
|---|---|---|---|---|---|---|---|---|
| 0.63 | 2.41% | 26.82 | 26.87 | 26.48 | 26.71 | 3,959,486 | 01:00:00 |
From May 2019 to May 2024
ZURICH—UBS Group AG on Monday reported a profit for the second quarter that beat 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 792 million Swiss francs in the same period last year.
Analysts had expected the Swiss bank to report a net profit of 878 million francs. Operating income rose to 7.82 billion francs from 7.15 billion francs, UBS said.
Adjusted net new money at the bank's flagship wealth management unit was 8.4 billion francs, 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
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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