Equity Research, Broker Reports, and media content on UBS GROUP AG-REG

  • Access the latest forecasts, broker valuations, multiples, and video content from the city about UBS GROUP AG-REG
  • See live updates from analysts, company announcements, and other news in a personalised/single dashboard

Research, Charts & Company Announcements

Research Tree provides access to ongoing research coverage, media content and regulatory news on UBS GROUP AG-REG. We currently have 6 research reports from 1 professional analysts.

Date Source Announcement
24Aug16 12:55 PRN How These Banking Stocks are Faring? -- Royal Bank of Scotland, HSBC Holdings, UBS Group, and East West Bancorp
07Jul16 01:05 PRN Foreign Money Center Banks Equities Technical Review - HSBC Holdings, UBS Group, The Royal Bank of Scotland Group, and East West Bancorp
  • Frequency of research reports

     

  • Research reports on

    UBS GROUP AG-REG

  • Providers covering

    UBS GROUP AG-REG

Latest Content

View the latest research, videos, and podcasts for this company.

Better net profit for FY2015 and again a positive tax effect, dividend increased

  • 02 Feb 16

Net profit attributable to shareholders increased by 11% to CHF949m for Q4 15 compared to Q4 14. Total operating income was flat at CHF6.78bn for Q4 15 compared to Q4 14. Total operating expenses were up by 3% to CHF6.54n compared to Q4 14. Pre-tax profit declined by 42% to CHF234m for Q4 15 compared to Q4 14. UBS benefited from a tax income of CHF715m in Q4 15 and CHF515m in Q4 14. Net profit attributable to shareholders increased by 79% to CHF6.2bn for FY2015 compared to FY2014. Total operating income rose by 9% to CHF30.6bn for FY2015. Total operating expenses declined by 2% to CH25.1bn for FY2015 compared to FY2014. Personnel expenses were up by 4.6% to CHF16.0bn in the same period. UBS benefited from a tax income of CHF898m in FY2015 and CHF1.18bn in FY2014. Pre-tax profit more than doubled, rising by 123% to CHF5.5bn for FY2015 versus FY2014. RoE was 11.8% for FY2015 versus 7.0% for FY2014. Adjusted RoTE (return on tangible equity) was 13.7% for 2015. Net new money was CHF28.8bn in FY2015 versus CHF59.9bn in FY2014 mainly due to a big negative swing in the Global Asset Management unit. UBS’s fully-applied Basel III common equity tier 1 (CET1) ratio increased from 13.4% at the end of 2014 to 14.5% at the end of 2015. The proposed ordinary dividend for FY2015 was increased to CHF0.60 per share after CHF0.50 for FY2014. An unchanged additional supplementary dividend of CHF0.25 per share will be paid for FY2015 too. UBS said it remains committed to paying out at least 50% of profits after achieving its fully-applied CET1 ratio of 13%.

Mixed Q3 figures, postponed targets and board revision

  • 03 Nov 15

Net profit attributable to shareholders increased from CHF763m for Q3 14 to CHF2.1bn for Q3 15. Total operating income rose by 4% to CHF7.2bn for Q3 15 compared to Q3 14. Net interest income was down by 1% to CHF1.85bn for Q3 15. Commission income declined by 4% to CHF4.1bn for Q3 15. Trading income was up by 52% to CHF1.06bn for Q3 15. Total operating expenses decreased by 14% to CHF6.4bn in Q3 15. Net charges for provisions were CHF592m for Q3 15 compared to CHF1.8bn for Q3 14 and CHF71m for Q2 15. Pre-tax profit was CHF788m for Q3 15 compared to a pre-tax loss of CHF554m for Q3 14 and was down by 55% compared to Q2 15. UBS benefited from a tax income of CHF1.3bn in both Q3 15 and Q3 14, reflecting a revaluation of deferred tax assets (DTA). The tax ratio was 25% for Q2 15. RoE was 15.9% for Q3 15 versus 6.1% for Q3 14 and 9.4% for Q2 15. UBS’s BIS Basel III fully applied common equity tier 1 ratio was 14.3% at the end of September 2015 compared of 13.4% at the end of 2014. The fully applied leverage ratio was 5.0% at the end of September 2015, of which 3.3% was from CET1. In light of actual and forecasted changes in macro-economic conditions and the announcement of a newly-proposed too big to fail regulation, UBS has amended certain external performance targets and expectations for the group and the business divisions for 2016 and future years. UBS expects to achieve an adjusted return on tangible equity (RoTE) in 2016 at approximately the same level as 2015, an adjusted RoTE of c.15% in 2017 and targets an adjusted RoTE of above 15% from 2018 onwards (previously above 15% from 2016 onwards). UBS also announced a revision in its Group Executive Board (GEB). Three members will be leaving and four new members have been appointed. The CFO will switch tasks and become responsible for the Americas. All changes are effective 1 January 2016.