Ubs Group Ag · SIX:UBSG
Ubs — Bellevue meets Management (January 2014)
11 slides from Ubs's conference presentation, Jan 9, 2014
Slide 1: Bellevue meets Management
Bellevue meets Management Sergio P. Ermotti UBS Group Chief Executive Officer January 9, 2014
Slide 2: Cautionary statement regarding forward-looking statements
Cautionary statement regarding forward-looking statements This presentation contains statements that constitute "forward-looking statements", including statements relating to UBS's financial performance and to the anticipated effect of strategic initiatives on UBS's business and future development.
Slide 3: UBS—A unique value proposition
UBS—A unique value proposition UBS has clear strategic direction and a strong track record on execution UBS’s franchise is unrivaled with a compelling business mix, risk profile and growth prospects Payout ratio of more than 50% after Basel III fully applied CET1 target of 13% is achieved 2
Slide 4: Successfully executing our strategy
Successfully executing our strategy Capital strength is the foundation of our success Basel III CET1 ratio Basel III RWA Balance sheet (fully applied) (fully applied) (IFRS) (318) 11.9% 11.5% ~301 <250 1,367 ~9.3% 219 1,049 (CHF billion) (CHF billion) 481 307 +260 bps (27%) 886 742 30.9.12 30.9.13 2
Slide 5: Increased profits and well diversified business mix
Increased profits and well diversified business mix WM / WMA combined Retail & Corporate NNM Pre-tax profit Pre-tax profit (adjusted) (adjusted) 36.4 43.3 2,574 391 395 390 417 395 (CHF million) (CHF million) 2,106 362 362 (CHF billion) +19% +22% 9M12 9M13 9M12 9M13 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q1
Slide 6: UBS is prepared for the future
UBS is prepared for the future • Wealth management clients' needs • Swiss universal bank clients' needs Unlocking further • Leverage competitive position potential 2015 Considerations and beyond for our • Deliver higher risk-adjusted returns strategic • Reduce volatility of revenue and earnings deci
Slide 7: We are firmly committed to return capital to shareholders
We are firmly committed to return capital to shareholders Our business mix supports an attractive capital returns program Progressive capital returns as we work towards our capital targets Thereafter attractive capital returns Future dividend policy – illustrative example (% of profits) Baseline
Slide 8: Swiss SRB leverage ratio
Swiss SRB leverage ratio Swiss SRB leverage ratio (phase-in) 4.2% at 30.9.13 Swiss SRB leverage ratio Phase-in Swiss SRB leverage ratio (30.9.13) 4.4% Total capital 4.2% (Phase-in CET1 + loss absorbing capital) CHF 44.2 billion 3.9% = = 4.2% 3.8% Total exposure CHF 1,063 billion ~3.6%1 ~3.4%1 (Total
Slide 9: Simple leverage ratios—UBS versus other global banks
Simple leverage ratios—UBS versus other global banks1 Like for like comparisons show a smaller gap between UBS and US peers 30.9.13 European banks US banks 7.2% 8.7% 5.7% 6.4% 6.8% 3.8% 3.8% 4.2% 5.2% 6.9% Tangible equity 4.0% US GAAP tangible assets A B C UBS D E F G H 6.2% 7.0% Tangible equity 4.6
Slide 10: UBS—A unique value proposition
UBS—A unique value proposition Our franchise will benefit from market improvements and continued execution of our strategy Illustrative upside potential Positioned Invested asset growth CHF 2.31 trillion of Group-wide invested assets to benefit from market factors and our footprint in Increased risk
Slide 11: Important information related to numbers shown in this presentation
Important information related to numbers shown in this presentation Use of adjusted numbers Unless otherwise indicated, “adjusted” figures exclude each of the following items, to the extent applicable, on a Group and business division level: – Own credit loss on financial liabilities designated at f