Business
UBS reports 2Q25 net profit of USD 2.4bn and USD 4.1bn for 1H25 with integration remaining on track; invested assets reach USD 6.6trn (Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules)
ZURICH, July 30, 2025-- UBS (NYSE:UBS) (SWX:UBSN):
About this update from Ubs Group Ag
[{"type":"text","content":"ZURICH, July 30, 2025--(BUSINESS WIRE)--","length":40,"tagName":"p"},{"type":"text","content":"UBS (NYSE:UBS) (SWX:UBSN):","length":26,"tagName":"p"},{"type":"text","content":""We sustained robust momentum during a quarter that started with extreme volatility by staying close to our clients and executing on our integration plans. We also maintained a balance sheet for all seasons while delivering on our capital return plans. We are positioning for long term success by further enhancing our global capabilities, investing in our future infrastructure and AI, while actively engaging in the debate on future regulation in Switzerland. This allows us to fulfill our commitment to support all the communities where we live and work."","length":568,"tagName":"p"},{"type":"text","content":"Sergio P. Ermotti, Group CEO","length":28,"tagName":"p"},{"type":"text","content":"2Q25 PBT of USD 2.2bn and underlying1 PBT of USD 2.7bn, net profit of USD 2.4bn, RoCET1 of 13.5% and underlying RoCET1 of 15.3%. Core businesses2 increased combined underlying PBT by 25% YoY","length":190,"tagName":"p"},{"type":"text","content":"1H25 PBT of USD 4.3bn and underlying PBT of USD 5.3bn, net profit of USD 4.1bn, RoCET1 of 11.6% and underlying RoCET1 of 13.3%","length":126,"tagName":"p"},{"type":"text","content":"Continued client momentum in a volatile environment supporting growth in Group invested assets, with Global Wealth Management 1H25 net new assets of USD 54.8bn. GWM 2Q25 transaction-based income +12% YoY and best second quarter in Global Markets with revenues up 25% YoY supported by record balances and revenues in Prime Brokerage","length":331,"tagName":"p"},{"type":"text","content":"Integration remains on track with one-third of client accounts booked in Switzerland migrated. Delivered further USD 0.7bn in exit rate gross cost saves bringing cumulative cost reductions to USD 9.1bn, or 70% of the USD ~13bn in expected gross saves","length":250,"tagName":"p"},{"type":"text","content":"Continued progress in Non-core and Legacy wind-down and legal entity structure simplification; NCL risk- weighted assets down by USD 1.5bn sequentially to USD 32.7bn","length":165,"tagName":"p"},{"type":"text","content":"Maintained strong capital position with 14.4% CET1 capital ratio and 4.4% CET1 leverage ratio. Our ability to generate capital is funding strateg...