Quarterly ResultJul 29, 2026, 07:01 AM
UBS Switzerland H1 2026 Net Profit CHF 1.63B, Up 19.6%
AI Summary
UBS Switzerland AG reported a significant increase in net profit for the first half of 2026, reaching CHF 1,633m, up 19.6% from CHF 1,365m in the same period last year. Total operating income grew to CHF 6,689m, contributing to an operating profit of CHF 1,920m. The results were boosted by a CHF 294m gain from the sale of its 50% interest in Swisscard AECS GmbH. The company also completed the transfer of Wealth Management International and Global Financial Intermediaries businesses related to legacy Credit Suisse clients to UBS Switzerland AG, involving CHF 13.1bn in assets and CHF 12.6bn in liabilities.
Key Highlights
- Net profit for H1 2026 increased to CHF 1,633m, up 19.6% from CHF 1,365m in H1 2025.
- Total operating income rose to CHF 6,689m in H1 2026, up from CHF 6,134m in H1 2025.
- Operating profit reached CHF 1,920m in H1 2026, compared to CHF 1,595m in H1 2025.
- Net income from disposal of financial investments was CHF 295m, including a CHF 294m gain from Swisscard sale.
- Net interest income grew to CHF 2,549m, up from CHF 2,424m in the prior year period.
- Net fee and commission income increased to CHF 2,779m from CHF 2,501m year-over-year.
- Total assets stood at CHF 533,140m as of June 30, 2026, an increase from CHF 500,746m.
- Transferred CHF 13.1bn assets and CHF 12.6bn liabilities from Credit Suisse client businesses to UBS Switzerland AG.
Price Impact
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