Swiss giant UBS posts fourth-quarter profit beat, reveals up to $3 billion buyback
Swiss banking giant UBS on Tuesday posted $770 million in fourth-quarter net profit, compared with a mean forecast of $886.4 million in a LSEG poll of analysts and with a $483 million estimate in a company-provided estimate.
UBS quarterly profit smashes expectations, US$3 billion buyback unveiled
UBS Group, Switzerland’s largest bank, on Tuesday (Feb 4) posted net income of US$770 million for the fourth quarter of 2024, trouncing forecasts. Read more at The Business Times.
UBS exceeds expectations with US$770mil Q4 net profit
ZURICH: UBS Group, Switzerland's largest bank, on Tuesday posted net profit of $770 million for the fourth quarter of 2024, trouncing forecasts.
UBS plans $3bn share buyback on stronger than expected results
UBS blew past expectations during the fourth quarter with $770mn in net profit, boosted by a strong performance at its investment bank, and announced $3bn in share buybacks on Tuesday. Quarterly profit was significantly higher than analysts’ forecasts of $483mn,
UBS Aims to Boost Buybacks as Net Profit Beats Expectations
The group plans to repurchase $1 billion of its stock in the first half and buy back up to an additional $2 billion in the second.
Swiss giant UBS posts $770 million in net profit, launches $1 billion share buyback in first half
Swiss banking giant UBS on Tuesday posted $770 million in fourth-quarter net profit, launching a $1 billion share buyback program in the first half of 2025. The net profit figure compares with a mean forecast of $886.
UBS trounces profit forecasts, $3 billion share buyback conditional on capital rules
UBS Group posted fourth-quarter profit that beat forecasts by a wide margin and said it would buy back up to $3 billion in ...
UBS Plans $3 Billion Buyback as Investment Bank Drives Beat
UBS Group AG said it aims to buy back up to $3 billion of its own shares this year, with Chief Executive Officer Sergio ...
UBS Turns To Profit In Q4; Lifts Dividend, Plans Up To $3 Bln Share Buyback
Swiss banking major UBS Group AG (UBS) reported Tuesday a profit in its fourth quarter, compared to prior year's loss, benefited by ...
Higher capital requirements for UBS will raise costs for others, CEO says
Imposing higher capital requirements on UBS as a systemically relevant bank will usher in higher costs for companies and ...
US And China Impose Tariffs, UBS Plans $3 Billion Buyback, More
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UBS Advances CS Integration While Boosting Shareholder Returns
As the Credit Suisse integration progresses, UBS is seeing cost savings materialize and is ahead of schedule in winding down ...
UBS 4Q Underlying Pretax Profit $1.8B
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UBS chief economist discusses Trump's tariffs on Mexico, Canada and China
Paul Donovan, chief economist at UBS Global Wealth Management, discusses the impact that U.S. President Donald Trump's ...