Ubs Group Ag · SIX:UBSG
Ubs — 1Q24 Earnings Presentation
7 slides from Ubs's earnings presentation, Apr 16, 2024
Slide 1: UBS publishes updated time series with restated segment financial information
UBS publishes updated time series with restated segment financial information reflecting previously announced changes with no impact on Group results 16 April 2024
Slide 2: Important information
Important information Forward Looking Statements: This presentation contains statements that constitute “Forward looking statements,” including but not limited to management’s outlook for UBS’s financial performance, statements relating to the anticipated effect of transactions and strategic initiat
Slide 3: Key messages
Key messages As communicated at our investor update on the 6th of February 2024, we are implementing changes to our divisional financial reporting to improve the consistency of our reporting across the UBS Group and to provide details around our funding and cost allocation methodologies We will impl
Slide 4: Overview of restatements
Overview of restatements Following the acquisition of Credit Suisse, we continue to refine our reporting structure and organizational setup to align with interests of stakeholders and further incentivize our business divisions to achieve Group-wide goals What are we doing? Why are we doing it? Impac
Slide 5: Summary of profit and loss restatements across business units – 4Q23
Summary of profit and loss restatements across business units – 4Q23 Old data 4Q23, USD underlying Global Wealth Personal and Asset Investment Non-core and Group Management Corporate Management Bank Legacy Items Revenues: 5,351m Revenues: 2,334m Revenues: 805m Revenues: 1,861m Revenues: 162m Revenue
Slide 6: Summary of profit and loss restatements across business units – 3Q23
Summary of profit and loss restatements across business units – 3Q23 Old data 3Q23, USD underlying Global Wealth Personal and Asset Investment Non-core and Group Management Corporate Management Bank Legacy Items Revenues: 5,492m Revenues: 2,426m Revenues: 755m Revenues: 1,900m Revenues: 350m Revenue
Slide 7: Cautionary statement regarding Forward looking statements
Cautionary statement regarding Forward looking statements Cautionary Statement Regarding Forward looking Statements | This presentation contains statements that constitute “forward-looking statements,” including but not limited to management’s outlook for UBS’s financial performance, statements rela