UBS Q2 profit before tax surges 49% to $2.19bn

UBS, UBS, has unveiled the two.19 billion {dollars} (PBT) revenue for the second quarter of 2025, a rise of 49 % in comparison with final yr.

The web revenue, which is because of shareholders, reached $ 2.39 billion, which displays a rise of 111 % on an annual foundation.

The group stated in its press assertion that this whole features a clear model of the 427 million greenback rulings and opponents associated to the Credit score Suisse concern throughout the border, along with a internet tax benefit of $ 577 million.

The CET1 capital was reported by 13.5 %, with a fundamental return of 15.3 %.

The entire income reached 12.11 billion {dollars}, which is 2 % over the earlier yr. On the premise, income elevated by 4 % to $ 11.54 billion, with fundamental enterprise revenues elevated by 8 %.

Within the first half of 2025, UBS was $ 4.32 billion and the fundamental PBT of $ 5.27 billion, with help from a rise of two % in fundamental revenues and a lower in 2 % in fundamental expenditures.

The web revenue for this era was $ 4.08 billion, with a CET1 capital of 11.6 % and a fundamental return of 13.3 %.

Within the World Wealth Administration Division, PBT was $ 1.2 billion, whereas the fundamental PBT was $ 1.44 billion.

The entire revenues of this part elevated by 247 million {dollars}, or 4 %, to six.3 billion {dollars}, due considerably to the excessive revenue of frequent charges and transaction -based revenue.

The associated fee/revenue charge for this part was 80.8 %, and 76.5 % on a foundation, with the rise within the belongings invested by $ 294 billion to 4.51tn and internet new belongings of as much as 23 billion {dollars}.

The Asset Administration Division has reported $ 153 million with PBT, with a fundamental PBT of $ 216 million. Complete income elevated by $ 4 million to $ 772 million, reflecting the beneficial properties in internet administration charges and efficiency charges.

The associated fee/revenue charge of the part was 80.1 %, and 72.0 % on a fundamental foundation, whereas rising the belongings invested by 156 billion {dollars} to $ 1.95 million.

Nonetheless, internet unfavourable cash was $ 2 billion, and 5 billion {dollars} is unfavourable when the cash market and affiliate flows had been excluded.

“We’ve maintained a powerful momentum inside 1 / 4 that began with excessive volatility by staying close to our clients and implementing our integration plans. We additionally maintained a public finances for all seasons whereas providing capital return plans,” stated UBS Group Sergio Ermotti.

“We’re placing in a protracted -term success state of affairs by enhancing our world capabilities, investing in our future infrastructure and AI, whereas actively participating within the dialogue in regards to the future group in Switzerland. This enables us to satisfy our dedication to help all of the societies during which we stay and work.”

Trying on the third quarter, UBS expects that internet curiosity revenues will stay within the administration of world wealth, private banking providers and firms within the Swiss franc, which interprets into a rise in a low proportion within the US greenback durations.