Friday, 31 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > UBS posts $1.7bn net profit as volatility drives earnings
Economy

UBS posts $1.7bn net profit as volatility drives earnings

Last updated: April 29, 2025 10:52 pm
Share
UBS posts .7bn net profit as volatility drives earnings
SHARE

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

UBS reported net profits of $1.7bn in the first quarter, beating analysts’ expectations after volatile financial markets helped drive earnings at Switzerland’s biggest bank. The bank’s net profit was down from $1.8bn a year earlier but ahead of analyst forecasts of $1.3bn. Reported quarterly revenues were flat at $12.6bn.

UBS’s investment bank posted a 16 per cent jump in revenues to $3.3bn, boosted by its markets business, where revenues rose 32 per cent compared with the previous year to $2.5bn. The global wealth management division attracted $32bn in new money.

“The power and scale of our diversified global franchise, coupled with our continued focus on clients, drove strong business momentum in the quarter and net new inflows in our asset-gathering businesses,” said chief executive Sergio Ermotti.

This is a developing story.

In the latest news from UBS, the Swiss bank has reported strong financial results for the first quarter of the year. Despite a slight dip in net profit from the previous year, UBS exceeded analyst expectations with a net profit of $1.7bn. This success can be attributed to the volatile financial markets, which played a significant role in boosting earnings for the bank.

The investment bank division of UBS saw a 16 per cent increase in revenues, reaching $3.3bn. The markets business within the division experienced a substantial 32 per cent growth in revenues, totaling $2.5bn. Additionally, the global wealth management division of UBS attracted an impressive $32bn in new money during the first quarter.

See also  Exxon and Chevron, Rivals Turned Frenemies, Face Profit Pressure-Cooker

CEO Sergio Ermotti commented on the strong performance, highlighting the impact of the bank’s diversified global franchise and unwavering focus on clients. This approach has driven significant business momentum and resulted in net new inflows in the asset-gathering businesses of UBS.

As this story continues to unfold, investors and analysts will be keeping a close eye on UBS and its future financial performance. Stay tuned for more updates on this developing story.

TAGGED:1.7bndrivesEarningsNetpostsprofitUBSvolatility
Share This Article
Twitter Email Copy Link Print
Previous Article This Eerie Crack of Darkness in The Sky Is Hiding a Glittering Secret : ScienceAlert This Eerie Crack of Darkness in The Sky Is Hiding a Glittering Secret : ScienceAlert
Next Article John Elway Driving Golf Cart When His Friend and Agent Had Tragic Fall John Elway Driving Golf Cart When His Friend and Agent Had Tragic Fall
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Effects of preterm birth extend into adulthood, study finds

A recent study published in the journal PLOS ONE has shed light on the long-term…

November 9, 2024

Bella Hadid Continues This Famous Dress’s It-Girl Legacy

Bella Hadid made a stunning fashion statement at the Cannes Film Festival, wearing a dress…

May 17, 2025

STAT+: Metal-organic frameworks win chemistry Nobel

Theresa Gaffney serves as the primary writer for Morning Rounds, focusing on health care, recent…

October 8, 2025

In Uncertain Times, Shield Shades Are the Armor We Need

It was a regular Wednesday afternoon in the bustling streets of New York City, and…

November 27, 2024

Son confesses on-camera to killing missing elderly parents after remains found buried at their NY home

An unstable man from Albany confessed on camera to the brutal murders of his elderly…

September 26, 2025

You Might Also Like

Market analysts react to Trump-Xi meet
Economy

Market analysts react to Trump-Xi meet

October 31, 2025
29 truck carrier files Chapter 11
Economy

29 truck carrier files Chapter 11

October 31, 2025
Britt Baker sends a message after Chris Jericho posts a picture with Kevin Owens
Sports

Britt Baker sends a message after Chris Jericho posts a picture with Kevin Owens

October 31, 2025
Trust Government Statistics, Not Government
Economy

Trust Government Statistics, Not Government

October 31, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?