UBS's first-quarter 2026 results Mittwoch, 29. April 2026 - 06:57
UBS reports USD 3.0bn net profit and 16.8% RoCET1 in 1Q26 driven by strong client activity and flows; on track to complete integration by year-end
Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules
Excellent 1Q26 performance with net profit up 80% YoY to USD 3.0bn, return on CET1 capital (RoCET1) of 16.8% and underlying1 RoCET1 of 17.0%
Strong momentum with clients driving asset inflows and trading activity. Global Wealth Management (GWM) net new assets of USD 37bn, Asset Management net new money USD 14bn. GWM transaction-based income up 17% YoY; Investment Bank revenues up 27% YoY driven by record Global Markets and higher Global Banking
Successful completion of client account migrations following the transfer of all Swiss-booked clients onto UBS platforms, paving the way to substantially complete the integration by year-end and unlocking potential for further growth and efficiency gains. Delivered additional USD 0.8bn in cost reductions, bringing total cumulative savings to USD 11.5bn
A reliable partner for the Swiss economy; supporting clients with our leading credit offering and unique global capabilities and footprint. In 1Q26, granted or renewed CHF ~40bn of loans to Swiss businesses and households
Maintaining strong balance sheet and attractive capital returns supported by our capital-generative business model; CET1 capital ratio of 14.7% and 4.4% CET1 leverage ratio; accrued for mid-teens percentage growth in dividend and repurchased USD 0.9bn of shares; on-track to buy back USD 3bn in shares by 2Q results with aim to do more by year-end2
Committed to our global diversified business model; contributing to fact-based deliberations on the Swiss capital framework; remaining focused on protecting the interests of our shareholders while mitigating the impact, if possible, on our clients and employees
Information in this news release is presented for UBS Group AG on a consolidated basis unless otherwise specified. 1Underlying results exclude items of profit or loss that management believes are not representative of the underlying performance. Underlying results are a non-GAAP financial measure and alternative performance measure (APM). Refer to “Group Performance” and “Appendix-Alternative Performance Measures” in the financial report for the first quarter of 2026 for a reconciliation of underlying to reported results and definitions of the APMs. 2The amount of additional buybacks is subject to our financial performance and outlook, maintaining a CET1 capital ratio of around 14% at year-end, and visibility on parliamentary deliberations on the treatment of foreign participations.