# UBS Reports $2.69 Billion Quarterly Profit and Higher Revenue

The bank reported $55.1 billion in new wealth-management assets and raised its expected integration savings.

By Will Langan | 24X7 News
Published: 2026-10-28T07:02:43.391Z
Updated: 2026-10-28T07:02:43.391Z
Section: Business
Format: News
Canonical: https://24x7news.us/articles/ubs-third-quarter-results-october-28-2026

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

## Sources
- UBS — third-quarter 2026 results: https://www.ubs.com/global/en/investor-relations/financial-information/quarterly-reporting.html