- 2Q18 adjusted* PTI +88% YoY to CHF 1.3 billion
- Highest adjusted* PTI in 12 quarters
- Continued client-led growth in Wealth Management: NNA of CHF 23.5 billion for 1H18
- Seven successive quarters of positive operating leverage, with Group 2Q18 net revenues up 7% and adjusted* total operating expenses down 5% year on year
- SRU already below end-2018 RWA1 and leverage exposure target levels
- Group adjusted* pre-tax income of CHF 2.5 billion in 1H18, up 58% year on year; Group reported pre-tax income of CHF 2.1 billion, up 68% year on year
- Wealth Management 1H18 NNA of CHF 23.5 billion; annualized NNA growth rate of 6%; record AuM of CHF 784 billion at higher profit margin
* Refers to adjusted results. Adjusted results are non-GAAP financial measures. For a reconciliation of the adjusted results to the most directly comparable US GAAP measures, see the Appendix of this Media Release.
1 Excluding operational risk of CHF 19 billion in 1H15 and CHF 11 billion in 1H18. |
