UBS AG furnished third-quarter 2026 earnings-call remarks in which UBS Group reported net profit of 2.7 billion and earnings per share of 85 cents. Underlying pre-tax profit was 4.1 billion, up 14%, and total revenues increased 10%; return on CET1 capital was 16.7% and the cost/income ratio was 68.7%. Global Wealth Management attracted 55 billion of net new assets, while Asset Management reported negative 5 billion of net new money. Investment Bank pre-tax profit rose 9% to 854 million, while Global Banking revenues declined 21% year over year.
UBS Group said Credit Suisse integration remained on track for completion by year-end, with 90% of legacy applications decommissioned. It had delivered 13.2 billion of gross cost reductions and expected a further 0.5 billion in the fourth quarter, bringing cumulative gross savings to around 13.7 billion; fourth-quarter integration expenses were expected to be around 0.5 billion. The Group expects its year-end CET1 ratio to be at or very close to 14%, including a potential accrual for an initial portion of intended 2027 buybacks. It intends to repurchase 1.2 billion dollars of shares over the next three months, completing its current program; its CET1 ratio was 14.7% at quarter-end.
UBS AG’s September 30, 2026 Pillar 3 disclosures cover UBS Group and regulated subsidiaries. At quarter-end, UBS Group reported CET1 capital of USD 73.1 billion and a CET1 ratio of 14.74%; risk-weighted assets were USD 496.1 billion, down USD 7.8 billion during the third quarter.
Available total loss-absorbing capacity (TLAC) was USD 186.7 billion, down USD 6.9 billion. The average third-quarter liquidity coverage ratio was 178.7%, above the prudential requirement communicated by FINMA; the net stable funding ratio was 114.8% at quarter-end, also above that requirement. UBS Group repurchased USD 1.807 billion of shares during the quarter.
A Council of States proposal would require systemically important banks to deduct 90% of the carrying value of foreign participations from regulatory capital, entirely from CET1; it remains subject to National Council deliberations. If enacted in the form supported by the Council of States, it is expected to require UBS to hold approximately USD 16 billion of additional CET1 capital, with phase-in commencing in 2028 at the earliest. UBS Group expects to complete its current USD 3 billion repurchase program by publication of fourth-quarter 2026 results; repurchase amounts and pace remain subject to financial performance and outlook, maintaining a CET1 ratio around 14%, and further visibility on parliamentary deliberations.
UBS AG reported consolidated capitalization of $415.842 billion as of September 30, 2026, compared with $431.273 billion as of June 30, 2026. Debt issued was $326.646 billion and equity attributable to shareholders was $88.856 billion as of September 30; the comparable June 30 figures were $342.670 billion and $88.275 billion.
87% of debt issued was unsecured as of September 30, 2026. The report is incorporated by reference into UBS AG’s Form F-3 registration statements and certain related offering materials.
UBS AG reported nine-month 2026 total revenues of USD 40.685 billion, compared with USD 36.244 billion in the same period of 2025. Net profit attributable to shareholders was USD 7.028 billion, versus USD 3.508 billion. Operating expenses were USD 31.140 billion, compared with USD 32.148 billion, and credit loss expense was USD 312 million versus USD 388 million. As of September 30, 2026, total assets were USD 1,657.146 billion and the common equity tier 1 capital ratio was 14.5%.
UBS AG's Extraordinary General Meeting approved a supplementary 2025 dividend of USD 4.5 billion on October 21, 2026; UBS AG paid it to its shareholder, UBS Group AG, the next day. UBS AG estimated future losses from disclosed litigation, regulatory and similar matters not covered by existing provisions at USD 0 billion to USD 1.3 billion; provisions for litigation, regulatory and similar matters as a class were USD 2.010 billion as of September 30, 2026. The financial information is unaudited and follows UBS AG accounting policies consistent with IFRS, but does not constitute an interim financial report under IAS 34.
UBS AG (AMUB) furnished UBS Group AG’s third-quarter 2026 report, presenting consolidated revenue of USD 13.350 billion, up 5% year over year, and net profit attributable to shareholders of USD 2.690 billion, up 8%. Operating profit before tax rose 27% to USD 3.587 billion. For the first nine months, revenue was USD 41.293 billion versus USD 37.429 billion, and operating profit before tax was USD 11.021 billion versus USD 7.153 billion.
UBS reported cumulative gross Credit Suisse integration savings of USD 13.2 billion as of September 30, 2026, and expects around USD 13.7 billion by year-end, above its around USD 13.5 billion ambition. Cumulative integration expenses were USD 14.6 billion as of September 30, 2026.
If enacted in the form supported by Switzerland’s Council of States, a proposal would require around USD 16 billion in additional CET1 capital. UBS said confirmation would bring incremental CET1 capital requirements since the Credit Suisse acquisition to around USD 33 billion. UBS also estimates annual capital-related costs from the acquisition of around USD 2.5 billion.
UBS AG (AMUB) is having seven ETRACS 2x Leveraged exchange-traded notes (ETNs), including US Value Factor, US Growth Factor, US Size Factor, MSCI US Momentum Factor, MSCI US Quality Factor, US Dividend Factor, and MSCI US Minimum Volatility Factor, removed from listing and/or registration on NYSE Arca. NYSE Arca states it has complied with its own rules under 17 CFR 240.12d2-2(b), and UBS has complied with Exchange rules and 17 CFR 240.12d2-2(c) governing the voluntary withdrawal of these securities from listing and registration under Section 12(b) of the Exchange Act.
UBS Group provides its 30 June 2026 Basel III Pillar 3 risk and capital disclosures, detailing regulatory metrics for the Group and key subsidiaries under Swiss FINMA and BCBS rules.
Common equity tier 1 capital was USD 72.5bn with a CET1 ratio of 14.38% on risk‑weighted assets of USD 503.9bn. Tier 1 capital was USD 96.0bn and total loss‑absorbing capacity USD 193.6bn. The Basel III leverage ratio was 5.82% on a leverage exposure of USD 1,649.8bn. The liquidity coverage ratio averaged 177.3% and the net stable funding ratio was 115.1%, both above FINMA’s prudential requirements.
RWA rose by USD 3.6bn in the quarter, mainly from market risk and asset‑size effects, partly offset by model and methodology changes and currency movements. UBS reserved USD 3.0bn in CET1 for a new share repurchase program (targeting USD 3bn by Q2 2027) and plans to buy back at least USD 1bn of shares over the next three months while aiming to maintain a CET1 ratio of around 14%.
UBS AG provides an updated view of its consolidated capitalization under IFRS in US dollars as of 30 June 2026. Total capitalization was USD m 431,273, comprising debt issued of USD m 342,670, equity attributable to shareholders of USD m 88,275 and equity attributable to non-controlling interests of USD m 328. As of that date, 87% of debt issued was unsecured.
For context, total capitalization was USD m 434,883 as of 31 March 2026, with debt issued of USD m 343,162 and equity attributable to shareholders of USD m 91,404. The information is prepared in accordance with IFRS Accounting Standards and is incorporated by reference into existing Form F-3 registration statements and related prospectuses.