Quarterly ResultApr 30, 2026, 06:23 AM
AMUB Q1 2026 Net Profit $2.5B; Total Revenue $14.03B
AI Summary
UBS AG reported a significant increase in Q1 2026 net profit attributable to shareholders to $2.5 billion, up from $1.028 billion in Q1 2025. Total revenues rose to $14.03 billion from $12.163 billion year-over-year, while the cost/income ratio improved to 76.8%. The company also announced a change in its quarterly reporting, no longer publishing full IAS 34 interim financial reports for the first and third quarters, instead providing financial information consistent with IFRS Accounting Standards but with amended disclosures.
Key Highlights
- Net profit attributable to shareholders was $2.5B, up from $1.028B YoY.
- Total revenues reached $14.03B, up from $12.163B YoY.
- Operating profit before tax was $3.186B, up from $1.339B YoY.
- Return on equity improved to 11.1% from 4.3% YoY.
- Cost/income ratio improved to 76.8% from 88.0% YoY.
- Invested assets increased to $6.881T from $6.153T YoY.
- Personnel decreased to 61,146 full-time equivalents from 67,373 YoY.
- Changed Q1/Q3 interim financial reporting to exclude full IAS 34 notes.