UBS Group (NYSE:UBS) Posts Quarterly Earnings Results, Beats Expectations By $0.10 EPS

29 Apr 2026, 20:56 by Teresa Graham · The Cerbat Gem

UBS Group (NYSE:UBS – Get Free Report) posted its quarterly earnings results on Wednesday. The bank reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.10, FiscalAI reports. The business had revenue of $13.64 billion for the quarter, compared to analyst estimates of $13.28 billion. UBS Group had a return on equity of 8.68% and a net margin of 10.88%.

Here are the key takeaways from UBS Group’s conference call:

Delivered a strong quarter with underlying pre-tax profit up 54% YoY to CHF 4 billion, a return on CET1 of 17%, revenues of CHF 13.6 billion and the Investment Bank posting a record first-quarter performance.
Integration milestone achieved — the migration of former Credit Suisse Swiss-book clients is complete with retention above expectations, enabling decommissioning of legacy platforms and progress toward restoring pre-acquisition profitability.
Capital returns accelerated — UBS expects to complete its current $3 billion share repurchase program by Q2 (July) and plans to keep year-end CET1 around 14% while continuing to calibrate further buybacks/dividends.
Regulatory risk from proposed Swiss measures remains material — management says the package could require roughly CHF 22 billion of additional CET1 that would be “trapped” and materially constrain capital deployment, competitiveness and returns.
Balance sheet and risk metrics remain resilient — total assets of CHF 1.7 trillion, CET1 at 14.7%, LCR 178%, low private-credit exposure and modest group credit loss expense of CHF 70 million, though integration costs and Q2 execution carry some near-term charges.

UBS Group Stock Performance

NYSE UBS traded up $0.62 during trading hours on Wednesday, hitting $42.72. The company had a trading volume of 4,779,952 shares, compared to its average volume of 2,677,564. UBS Group has a fifty-two week low of $29.73 and a fifty-two week high of $49.36. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 3.63. The business has a fifty day simple moving average of $40.13 and a 200-day simple moving average of $41.73. The firm has a market cap of $133.44 billion, a P/E ratio of 18.10, a price-to-earnings-growth ratio of 0.80 and a beta of 1.16.

UBS Group Announces Dividend

The business also recently announced a special dividend, which was paid on Thursday, April 23rd. Shareholders of record on Wednesday, April 22nd were given a $0.55 dividend. The ex-dividend date of this dividend was Wednesday, April 22nd. UBS Group’s dividend payout ratio (DPR) is currently 14.83%.

Institutional Investors Weigh In On UBS Group

Several large investors have recently added to or reduced their stakes in the stock. Viking Global Investors LP increased its position in UBS Group by 407.5% in the third quarter. Viking Global Investors LP now owns 13,096,560 shares of the bank’s stock worth $534,852,000 after buying an additional 10,516,148 shares during the period. Nuveen LLC increased its holdings in shares of UBS Group by 6.7% during the fourth quarter. Nuveen LLC now owns 11,408,186 shares of the bank’s stock valued at $531,162,000 after purchasing an additional 712,516 shares during the period. Janus Henderson Group PLC increased its holdings in shares of UBS Group by 253.3% during the fourth quarter. Janus Henderson Group PLC now owns 6,861,746 shares of the bank’s stock valued at $320,074,000 after purchasing an additional 4,919,494 shares during the period. Canada Pension Plan Investment Board increased its holdings in shares of UBS Group by 17.0% during the second quarter. Canada Pension Plan Investment Board now owns 6,403,636 shares of the bank’s stock valued at $216,788,000 after purchasing an additional 928,160 shares during the period. Finally, M&G PLC increased its holdings in shares of UBS Group by 9.5% during the fourth quarter. M&G PLC now owns 4,500,778 shares of the bank’s stock valued at $209,618,000 after purchasing an additional 389,283 shares during the period.

Wall Street Analysts Forecast Growth

UBS has been the topic of several research reports. Barclays raised UBS Group from an “underweight” rating to an “equal weight” rating in a research report on Monday, April 20th. Citigroup reaffirmed a “neutral” rating on shares of UBS Group in a research report on Thursday, April 23rd. Morgan Stanley reaffirmed an “underweight” rating on shares of UBS Group in a research report on Thursday, April 23rd. Weiss Ratings raised UBS Group from a “buy (b)” rating to a “buy (b+)” rating in a research report on Tuesday, April 21st. Finally, Zacks Research lowered UBS Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, UBS Group presently has an average rating of “Hold” and an average price target of $60.30.

View Our Latest Analysis on UBS Group

Key Stories Impacting UBS Group

Here are the key news stories impacting UBS Group this week:

Positive Sentiment: UBS posted a strong Q1: EPS $0.94 (beat), revenue $13.64B (beat) and reported a $3.0B net profit (≈+80% y/y) driven by record trading and investment‑banking revenues — the print and management commentary point to continued client activity and support expectations for buybacks and capital returns. Read More.
Positive Sentiment: Management says integration of Credit Suisse is progressing and UBS hit a major milestone transferring all Swiss client accounts — removal of integration risk is supportive for medium‑term cost synergies and investor confidence. Read More.
Positive Sentiment: Analysts and banks reiterated positive views post‑results (e.g., Bank of America kept a Buy), which helps sentiment and underpins the rally. Read More.
Neutral Sentiment: UBS published a Pillar 3 report and Form 6‑K outlining capital impacts from new Swiss rules — useful detail for modelling CET1 and capital ratios but not an immediate market mover beyond transparency. Read More.
Neutral Sentiment: UBS’s research team continued to adjust price targets on external coverage (examples: Freeport‑McMoRan, Booking, Digital Realty, Etsy) — shows ongoing analyst activity but is not material to UBS’s own fundamentals. Read More.
Negative Sentiment: Regulatory risk: UBS says it will need to hold an additional ≈$22B of CET1 under proposed Swiss rules — that reduces near‑term capital flexibility and could constrain dividends/buybacks unless offset by earnings or capital actions. Read More.
Negative Sentiment: Political/regulatory tension in Switzerland — lawmakers worry UBS may exert pressure over banking rules, highlighting an elevated policy risk that could lead to stricter oversight or slower approval of rule changes. Read More.

About UBS Group

(Get Free Report)

UBS Group AG is a Swiss multinational financial services firm that provides a broad range of banking and capital markets services to private, institutional and corporate clients. Headquartered in Zurich, UBS operates as a universal bank with a primary focus on wealth management, asset management, investment banking and retail and commercial banking in Switzerland. The firm serves high-net-worth and ultra-high-net-worth individuals, pension funds, corporations and institutional investors through a global network of offices.

Key business activities include global wealth management—offering financial planning, investment advisory, discretionary portfolio management and custody services—alongside asset management products for institutional and retail investors.