Net profit attributable to shareholders increased by 14% to CHF1.17bn for Q2 17 compared to Q2 16. Total operating income declined by 2% to CHF7.3bn for Q2 17 compared to Q2 16. Net fee and commission income rose by 5% to CHF4.3bn for Q2 17. Trading income was down by 23% to CHF1.46bn for Q2 17. The loan provisions were a negligible CHF46m for Q2 17 compared to CHF7m in Q2 16. Total operating expenses were down by 3% to CHF5.8bn in Q2 17. Pre-tax profit increased by 1% to CHF1.5bn for Q2 17 c
28 Jul 2017
Solid Q2 figures
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Solid Q2 figures
UBS Group AG (0R3T:LON) | 0 0 0.4% | Mkt Cap: 68,251m
- Published:
28 Jul 2017 -
Author:
Dieter Hein -
Pages:
2
Net profit attributable to shareholders increased by 14% to CHF1.17bn for Q2 17 compared to Q2 16. Total operating income declined by 2% to CHF7.3bn for Q2 17 compared to Q2 16. Net fee and commission income rose by 5% to CHF4.3bn for Q2 17. Trading income was down by 23% to CHF1.46bn for Q2 17. The loan provisions were a negligible CHF46m for Q2 17 compared to CHF7m in Q2 16. Total operating expenses were down by 3% to CHF5.8bn in Q2 17. Pre-tax profit increased by 1% to CHF1.5bn for Q2 17 c