UBS Q1 REPING 2025

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The three Keys USB logo was seen outside the London office of the Swiss Bank UBS in central London, on March 20, 2023.

Daniel Lille AFP | Gety pictures

Swiss giant UBS On Wednesday won the Bottlem expectations One of the global commercial impacts of preparing customs tariffs as it seeks to curb the sharp session.

The net profit, which is attributed to shareholders, was $ 1.692 billion in the first quarter, compared to the expected expected of $ 1.35 billion in the LSEG survey of analysts. The group’s revenues over $ 12.57 billion, compared to analysts’ expectations of $ 12.99 billion.

Among the most prominent events in the first quarter:

  • The concrete shares of the concrete reached 8.5 %, compared to 3.9 % in the fourth quarter.
  • The Cet 1 Capital, a measure of banking bachelor, was 14.3 %, and did not change from the quarter of December.

The lender said that it achieved a 32 % increase on an annual basis in the revenues of the global market unit for its investment bank arm, largely driven by “higher client activity in stocks and FX with gains in all regions.”

It is important that the lender recorded $ 1.629 billion in the net interest income (NII)-the difference between profits of loans, investments and payments on deposits-a 16 % decrease on an annual basis and 11 % of the fourth quarter, which directs more declines in the neighborhood in June.

“In the second quarter, we expect the net interest income (NII) in the management of global wealth will sequentially a low percentage of number one, and we see a similar decrease in the personal NII and companies in the Swiss Franx. In that the US dollar is expected to increase NII to companies,” in the rate of medium wings exchange, “

Investors monitors these standards strongly as European banks move to a cash dilution environment, especially in Switzerland, which were fighting a strong franc and pent -up of interest rates of up to 0.25 %.

UBS confirmed on Wednesday that it had completed $ 500 million of shares re -purchases and aims to move forward with a re -purchase plan worth $ 2.5 billion for the rest of 2025.

The identification view

This month was evacuated as the largest bank in continental Europe by market value by Santander BankUBS has suffered from declines in a share of about 10 % a year until now, with the loss of losses that were recorded after the White House imposed on customs duties on international commercial partners on April 2.

Switzerland faces a 31 % duty if it fails to agree on a more reconciliation trade deal by the end of Washington’s postponement for 90 days in early July. Relatively, the European Union was hit by 20 % in the United States.

Tensions with Washington and the potential expectations of the world’s largest economy, causing the problem of the Swiss banking giant and the global wealth management department that lasts money, with about half of the UBS assets invested in the wider American region last year.

“The rapid and important changes in the commercial tariffs, the increased risk of escalation and a significant increase in total economic uncertainty led to the main market fluctuations in the first weeks of April,” he said on Wednesday. “With a wide range of potential results, the economic path is not particularly predictable. The possibility of a higher tariff in world trade is a financial threat to global growth and inflation, which leads to overcoming interest rate expectations.”

I indicated the possibility of “more nails in volatility” as markets remain sensitive to developments led by the new customs tariff, noting that “long uncertainty will affect feelings and make companies and investors delay important decisions on the strategy and allocate capital and investments.”

A long-term UBS profit image remains dark from questions about possible new capital requirements-and the most Drakonia of the Swiss authorities, which questioned Credit suisse is the collapsed local competitor. The deal – which one of the politicians at that time called the “Deal of the Century” – pushed UBS to the maximum resistance against more restrictions, and which argues that it will undermine its competitiveness as an entity that has already sufficient capital.

Swiss President Karen Keeler Street told SRF last month.

“The Federal Council has one goal: that in the event of a crisis, the important crisis can be resolved systematically. This means that the important parts of the bank can be separated from the bank in Switzerland. This must be the goal of the Federal Council and the new legislation.”



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