UBS reports 3Q26 net profit of USD 2.7bn and 14.8% RoCET1, continued strong client momentum and disciplined execution across businesses (Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules)
UBS reported 3Q26 net profit of USD 2.7bn with diluted EPS of USD 0.85, on PBT of USD 3.6bn — up 27% YoY — and a 14.8% return on CET1 capital. Client momentum was strong with USD 55.1bn of GWM net new assets and a record USD 12.5bn in UGA commitments, while Investment Bank underlying revenues hit a record third quarter, led by 17% YoY growth in Global Markets. The Credit Suisse integration is on track to complete by year-end; cumulative gross savings reached USD 13.2bn and the end-2026 target was raised to USD ~13.7bn from ~13.5bn.
Key figures
- Eps
- 0.85
- Revenue
- 13350000000
- Guidance
- Q4: typical seasonal moderation in transaction volumes; NII up low-single-digit sequentially in GWM; on track to exceed 2026 underlying RoCET1 exit rate target (~15%) and achieve <70% underlying cost/income ratio; expect year-end CET1 ratio at or very close to ~14%
- Revenue Yoy
- 5%
- Pbt
- 3587000000
- Rocet1
- 14.8%
- Pbt yoy
- 27%
- Cet1 ratio
- 14.7%
- Net profit
- 2700000000
- Underlying pbt
- 4077000000
- Invested assets
- USD 7.3trn
- Buyback progress
- USD 1.8bn repurchased in 3Q26 of USD 3bn program
- Cost income ratio
- 72.3%
- Underlying rocet1
- 16.7%
- Gwm net new assets
- USD 55.1bn
- Underlying pbt yoy
- 14%
- Cet1 leverage ratio
- 4.6%
- Cost savings target
- USD ~13.7bn by end-2026 (raised from ~13.5bn)
- Global markets revenue
- 2548000000
- Global markets revenue yoy
- 17%
- Underlying cost income ratio
- 68.7%
- Cumulative gross cost savings
- USD 13.2bn
AI analysis
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