UBS Group reported a strong fourth quarter in 2025 with net profit of CHF 1.2 billion and earnings per share of CHF 0.37. Total revenues rose 10% year over year, supported by higher profitability and cost discipline. The firm remains on track toward post-integration profitability targets following the Credit Suisse acquisition.

UBS achieved CHF 700 million in gross cost savings in the quarter, with operating expenses up 1% year over year. Reported net negative adjustments of CHF 54 million primarily reflected losses tied to a buyback of Credit Suisse debt. Integration-related expenses were CHF 1.1 billion in the quarter, with total assets at CHF 1.6 trillion.

Management highlighted a fortified liquidity profile and strong funding position, with a CET1 capital ratio of 14.4% at the end of December. The firm proposed an ordinary dividend of $1.10 per share, up 22% year over year, and plans to repurchase $3 billion of shares in 2026. Capital upstreaming to UBS AG increased the parent bank’s CET1 ratio to 14.2%.

Global Wealth Management saw pre-tax profit of CHF 1.6 billion in the fourth quarter, with net new assets of CHF 8.5 billion. Personal & Corporate Banking reported lower pre-tax profit due to interest rate headwinds, while Asset Management delivered a 20% increase in pre-tax profit. Investment Bank pre-tax profit rose 56% as Non-Core and Legacy generated a loss of CHF 224 million.

Looking ahead, UBS aims for an underlying return on CET1 capital of approximately 13% and a cost-income ratio of around 73% for full-year 2026. The firm has delivered CHF 10.7 billion of cumulative gross run-rate cost savings and increased its gross cost savings ambition to CHF 13.5 billion. UBS operates as a universal bank with a primary focus on wealth management, asset management, investment banking, and retail and commercial banking.

Read more at Yahoo Finance: UBS Group Q4 Earnings Call Highlights