Wednesday, July 30, 2025, UBS Group AG headquarters in Zurich, Switzerland.
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major swiss banks UBS on Wednesday reported better-than-expected third-quarter net income, citing strong momentum in its core businesses.
Net income attributable to shareholders was $2.5 billion for the three-month period, an increase of 74% from $1.43 billion in the year-ago period. Analysts had expected third-quarter net income to be $1.85 billion, according to consensus compiled by LSEG.
Switzerland’s largest bank posted third-quarter sales of $12.76 billion, slightly above analysts’ expectations of $12.68 billion.
The result comes as UBS continues to move forward with its complex integration with Credit Suisse, with the Zurich-based bank expected to complete the process by the end of next year. UBS formally completed a legal takeover of a domestic rival in 2023 as part of a state-backed rescue package.
However, the bank now faces the possibility of a significant increase in mandatory capital requirements as the government seeks to learn from the Credit Suisse collapse and reduce risks to taxpayers and the economy.
Meanwhile, UBS said in June that it supports most of the proposed regulations outlined by the Swiss parliament, but “strongly opposes” any “drastic” increase in capital requirements.
UBS shares have risen more than 11% since the beginning of the year.
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