UBS reported October 28 that third-quarter net profit attributable to shareholders reached $2.69 billion, while revenue increased 5% from a year earlier to $13.35 billion.
The Swiss bank’s results showed reported pretax profit of $3.587 billion, up 27% year over year. Its separate underlying pretax measure, which excludes items management considers unrepresentative of operating performance, was $4.077 billion.
Global Wealth Management attracted $55.1 billion in net new assets during the quarter, with positive contributions across regions led by Asia-Pacific and the Americas. Group invested assets totaled $7.3 trillion.
UBS said it had delivered $13.2 billion in cumulative gross cost reductions as it integrates Credit Suisse. It now expects approximately $13.7 billion in savings by year-end, above its previous $13.5 billion ambition. That year-end figure remains a forecast.
The bank reported a common-equity Tier 1 capital ratio of 14.7%. It said completion of its $3 billion share-repurchase program remained subject to financial performance, its outlook and capital considerations.
Sources UBS third-quarter results, October 28, 2026: https://www.ubs.com/global/en/investor-relations/financial-information/quarterly-reporting.html