Business
UBS reports strong results in 3Q25 with continued progress on integration (Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules)
ZURICH, October 29, 2025-- UBS (NYSE:UBS) (SWX:UBSN):
About this update from Ubs Group Ag
[{"type":"text","content":"ZURICH, October 29, 2025--(BUSINESS WIRE)--","length":43,"tagName":"p"},{"type":"text","content":"UBS (NYSE:UBS) (SWX:UBSN):","length":26,"tagName":"p"},{"type":"text","content":""We delivered an excellent 3Q25 financial performance powered by significant momentum in our core businesses and disciplined execution of our strategic priorities. We've seen strong private and institutional client activity with invested assets reaching nearly 7 trillion. As a key pillar of our strategy, our balance sheet for all seasons remains strong, allowing us to invest in talent, technology, and capabilities as we continue to make further progress on integration, positioning us for long-term growth and value creation."","length":544,"tagName":"p"},{"type":"text","content":"Sergio P. Ermotti, Group CEO","length":28,"tagName":"p"},{"type":"text","content":"3Q25 PBT of USD 2.8bn and underlying1 PBT of USD 3.6bn, net profit of USD 2.5bn, RoCET1 of 13.5% and underlying RoCET1 of 16.3%. Core businesses2 underlying PBT up by 28% YoY, or 19% excluding litigation","length":203,"tagName":"p"},{"type":"text","content":"Strong client momentum with quarterly asset inflows supporting 4% sequential growth in Group invested assets to USD 6.9trn. Global Wealth Management net new assets of USD 38bn driving year-to-date NNA of USD 92bn. Asset Management invested assets passed the USD 2trn mark helped by USD 18bn in net new money in 3Q25","length":315,"tagName":"p"},{"type":"text","content":"Strong trading and deal activity leveraging favorable environment. On underlying basis Global Wealth Management 3Q25 transaction-based income up 11% YoY, record third quarter for both Global Banking, up 52% YoY, and Global Markets, up 14% YoY","length":242,"tagName":"p"},{"type":"text","content":"Excellent progress on integration with over two-thirds of Swiss-booked client accounts already migrated; substantially completed the integration of Asset Management. Delivered further USD 0.9bn in exit rate gross cost saves in the quarter bringing cumulative cost reductions to USD 10bn, one quarter ahead of schedule. This represents 77% of the USD ~13bn in expected gross saves by end-2026","length":391,"tagName":"p"},{"type":"text","content":"Reliable partner for the Swiss economy, staying close to private clients and businesses. We are supporting them with our leading cred...