Pre-tax profit increased by 81% to CHF1.05bn for Q2 18 compared to Q2 17. Net revenues were up by 7% to CHF5.6bn for Q2 18 compared to Q2 17. Total operating expenses were down by 2% to CHF4.47bn for Q2 18 compared to the same period last year. The tax ratio was 38% for Q2 18 compared to 47% for Q2 17. The net result attributable to shareholders thus more than doubled from CHF303m for Q2 17 to CHF647m for Q2 18. RoE was 6.1% for Q2 18 compared to 3.0% for Q2 17. Assets under management were u
31 Jul 2018
Better Q2 18 figures
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Better Q2 18 figures
- Published:
31 Jul 2018 -
Author:
Dieter Hein -
Pages:
2
Pre-tax profit increased by 81% to CHF1.05bn for Q2 18 compared to Q2 17. Net revenues were up by 7% to CHF5.6bn for Q2 18 compared to Q2 17. Total operating expenses were down by 2% to CHF4.47bn for Q2 18 compared to the same period last year. The tax ratio was 38% for Q2 18 compared to 47% for Q2 17. The net result attributable to shareholders thus more than doubled from CHF303m for Q2 17 to CHF647m for Q2 18. RoE was 6.1% for Q2 18 compared to 3.0% for Q2 17. Assets under management were u