Pre-tax profit increased by 68% to CHF671bn for Q3 18 compared to Q3 17 and declined by 36% compared to Q2 18. Net revenues were down by 2% to CHF4.9bn for Q3 18 compared to Q3 17. Total operating expenses decreased by 9% to CHF4.15bn for Q3 18 compared to the same period last year. The tax ratio was 39% for Q3 18 compared to 38% for Q3 17. The net result attributable to shareholders rose by 74% to CHF424m for Q3 18 compared to Q3 17. RoE was 4.0% for Q3 18 compared to 2.2% for Q3 17. Assets
01 Nov 2018
Solid Q3 18 earnings, loss at Global Markets
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Solid Q3 18 earnings, loss at Global Markets
- Published:
01 Nov 2018 -
Author:
Dieter Hein -
Pages:
2
Pre-tax profit increased by 68% to CHF671bn for Q3 18 compared to Q3 17 and declined by 36% compared to Q2 18. Net revenues were down by 2% to CHF4.9bn for Q3 18 compared to Q3 17. Total operating expenses decreased by 9% to CHF4.15bn for Q3 18 compared to the same period last year. The tax ratio was 39% for Q3 18 compared to 38% for Q3 17. The net result attributable to shareholders rose by 74% to CHF424m for Q3 18 compared to Q3 17. RoE was 4.0% for Q3 18 compared to 2.2% for Q3 17. Assets