UBS Group AG (UBS) Form 6-K — Oct 28, 2026
UBS filed its 30 September 2026 Pillar 3 Report as a 6-K, disclosing that if the Swiss Council of States decision is confirmed, the bank would need around USD 33bn of incremental CET1 capital since acquiring Credit Suisse, with a total annual capital-related cost of about USD 2.5bn. Announced ordinance-level changes would partially offset this by eliminating an estimated USD 4bn of CET1 capital at the Group level, leaving a substantial net capital headwind. Despite the regulatory overhang, UBS continued shareholder returns, repurchasing USD 1,807m of shares in 3Q26 and expecting to complete its current USD 3bn buyback program by 4Q26 results publication.
Key figures
- Hqla 2q26 avg usd m
- 341792
- Hqla 3q26 avg usd m
- 324304
- Cva rwa 30sep26 usd m
- 4503
- Ccr rwa end 3q26 usd m
- 21438
- Total rwa end 3q26 usd m
- 196443
- Annual capital cost usd bn
- 2.5
- Total rwa begin 3q26 usd m
- 199244
- Ubs ag required cet1 usd bn
- 15
- Q3 2026 share repurchases usd m
- 1807
- Incremental cet1 requirement usd bn
- 33
- Progressive requirement cet1 usd bn
- 6
- Current share repurchase program usd bn
- 3
- Ordinance level cet1 elimination usd bn
- 4
- Credit suisse regulatory concessions cet1 usd bn
- 9
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.