[6-K] UBS Group AG Current Report (Foreign Issuer)

Q: What was UBS (UBS) consolidated net profit in Q2 2025?

UBS AG (consolidated) reported USD 1.2 billion net profit for Q2 2025.

Q: How did UBS’s CET1 ratio change in the second quarter of 2025?

The consolidated CET1 ratio decreased to 14.0% from 14.7% in Q1 2025.

Q: What is the new stress capital buffer for UBS Americas Holding LLC?

The Federal Reserve set a 9.3% SCB effective 1 October 2024, lifting the CET1 requirement to 13.8%.

Q: How strong is UBS’s liquidity coverage ratio?

Group LCR is 179% , with UBS AG standalone at 235% and Credit Suisse Int’l at 361%.

Q: What was Credit Suisse International’s capital position in Q2 2025?

CSI posted a 95.6% CET1 ratio and a 34.1% leverage ratio despite a USD 55 m loss.

Filing Impact

(Low)

Filing Sentiment

(Neutral)

Form Type

6-K

Rhea-AI Filing Summary

UBS 2Q-25 Form 6-K highlights subsidiary strength and capital metrics. UBS AG (consolidated) posted USD 11.5 bn operating income (-4% QoQ) and USD 1.2 bn net profit (+16% QoQ). CET1 capital fell to USD 69.8 bn and the CET1 ratio slipped 70 bp to 14.0%, still above Swiss SRB minima; Tier-1 leverage ratio 5.3%. Group HQLA reached USD 358.9 bn, supporting a 179% LCR.

Standalone UBS AG recorded USD 5.7 bn net profit and a 14.2% phase-in CET1 ratio, benefiting from the transfer of Wealth Management International. UBS Switzerland AG earned USD 441 m with a 12.7% CET1 ratio and 138% LCR. UBS Europe SE and UBS Americas Holding LLC remained strongly capitalised, showing CET1 ratios of 20.5% and 20.9% respectively; the Fed raised the SCB for the U.S. unit to 9.3%, lifting its CET1 requirement to 13.8% from 1 Oct 2024.

Credit Suisse International, now ring-fenced, reduced assets to USD 27.5 bn but showed a CET1 ratio of 95.6% despite a USD 55 m quarterly loss; LCR stayed exceptionally high at 361%.

Total loss-absorbing capacity equals USD 182 bn for UBS AG consolidated and USD 93 bn for UBS AG standalone, underscoring robust resolution readiness across the group.

Positive

Robust liquidity: Group LCR 179%; UBS AG standalone 235%; Credit Suisse Int’l 361%.
Sustained profitability: UBS AG consolidated net profit up 16% QoQ to USD 1.2 bn; standalone USD 5.7 bn.
High loss-absorbing capacity: USD 182 bn TLAC for UBS AG consolidated, well above regulatory floors.

Negative

CET1 ratio dilution: UBS AG consolidated CET1 fell to 14.0% (-70 bp), leverage ratio down to 5.3%.
Operating profit compression: Pre-tax profit dropped 36% QoQ to USD 862 m.
Higher U.S. capital requirement: Fed SCB for UBS Americas rises to 9.3%, tightening capital headroom.

Insights

TL;DR: Capital and liquidity remain solid; slight earnings dip and CET1 erosion temper positives.

UBS’s key subsidiaries continue to demonstrate strong regulatory resilience. Although CET1 fell 70 bp and pre-tax profit declined 36% QoQ, the group still sits comfortably above minimums, with a 179% LCR and USD 182 bn TLAC. The transfer of Wealth Management International inflated standalone profits and strengthens legal entity alignment ahead of 2028 restructuring. The higher 9.3% SCB for the U.S. arm tightens capital headroom but is manageable given a 20.9% CET1 ratio. Overall impact: neutral to slightly positive due to preserved buffers.

TL;DR: Subsidiaries comfortably exceed capital/liquidity rules; Fed SCB hike is the main headwind.

CET1, leverage and liquidity metrics far surpass Swiss, EU and U.S. thresholds—most notably Credit Suisse Int’l’s 95.6% CET1 and 361% LCR. UBS AG’s 14.0% CET1 still offers a 200-300 bp buffer to stress triggers. TLAC levels fulfil FINMA and Fed requirements, reinforcing resolution credibility. The incremental U.S. SCB trims flexibility but does not threaten dividend capacity. Balance-sheet down-scaling at Credit Suisse Int’l reduces risk-weighted assets 25%, easing future capital needs. Net regulatory stance: stable.

08/05/2025 - 06:19 AM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________________

FORM 6-K

REPORT OF FOREIGN PRIVATE

ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

Date: August 5, 2025

UBS Group AG

(Registrant's

Name)

Bahnhofstrasse 45, 8001 Zurich, Switzerland

(Address of principal executive office)

Commission File Number: 1-36764

UBS AG

(Registrant's

Name)

Bahnhofstrasse 45, 8001 Zurich, Switzerland

Aeschenvorstadt 1, 4051 Basel, Switzerland

(Address of principal executive offices)

Commission File Number: 1-15060

Indicate by check mark whether the registrants file or will file annual

reports under cover of Form 20-F or Form

40-

Form 20-F

☒

Form 40-F

☐

This Form 6-K consists of UBS supplementary information

for significant regulated subsidiaries and sub-groups

for

the second quarter of 2025, which appears

immediately following this page.

UBS Group significant

regulated subsidiary

and sub-group information

Second quarter

2025

Significant regulated subsidiary and sub-group

information

Significant regulated subsidiary

and sub-group information

Unaudited

Financial and

regulatory key

figures for our

significant regulated

subsidiaries

and sub-groups

UBS AG

(consolidated)

UBS AG

(standalone)

UBS Switzerland AG

(standalone)

UBS Europe SE

(consolidated)

UBS Americas

Holding LLC

(consolidated)

All values in million, except where indicated

USD

CHF

EUR

USD

Financial and regulatory requirements

IFRS Accounting Standards

Swiss SRB rules

IFRS Accounting

Standards

Swiss SRB rules

IFRS Accounting

Standards

Swiss SRB rules

IFRS Accounting

Standards

EU regulatory rules

US GAAP

US Basel III rules

As of or for the quarter ended

30.6.25

31.3.25

30.6.25

31.3.25

30.6.25

31.3.25

30.6.25

31.3.25

30.6.25

31.3.25

Financial information

Income statement

Total operating income

11,483

12,040

9,269

3,956

2,756

3,215

354

347

4,159

4,567

Total operating expenses

10,621

10,701

3,610

3,521

2,236

2,419

340

310

4,126

4,348

Operating profit / (loss) before tax

862

1,339

5,659

434

520

796

219

Net profit / (loss)

1,198

1,035

5,683

409

441

663

(2)

547

331

Balance sheet

Total assets

1,671,814

1,547,489

1,003,436

938,573

518,866

518,544

61,063

54,463

205,747

210,803

Total liabilities

1,576,960

1,450,367

914,230

848,944

495,612

491,592

56,975

49,858

178,268

183,825

Total equity

94,854

97,123

89,206

89,629

23,254

26,952

4,088

4,605

27,479

26,978

Capital

Common equity tier 1 capital

69,829

70,756

73,178

70,980

21,470

21,596

2,995

3,424

16,152

16,236

Additional tier 1 capital

18,656

18,325

18,656

18,325

7,994

7,995

600

2,822

2,817

Total going concern capital / Tier 1 capital

88,485

89,081

91,834

89,305

29,463

29,590

3,595

4,024

18,974

19,053

Tier 2 capital

196

205

193

204

190

205

Total capital

3,595

4,024

19,164

19,258

Total gone concern loss-absorbing capacity

93,502

93,705

93,499

93,703

19,148

19,248

2,505

2,527

7,800

Total loss-absorbing capacity

181,987

182,786

185,333

183,009

48,611

48,838

6,100

6,551

26,774

26,853

Risk-weighted assets and leverage

ratio denominator

Risk-weighted assets

498,327

481,539

516,479

514,897

168,701

174,610

14,590

14,387

77,244

79,345

Leverage ratio denominator

1,660,097

1,565,845

964,000

935,496

549,690

551,716

61,706

55,615

199,196

204,960

Supplementary leverage ratio denominator

231,603

234,346

Capital and leverage ratios (%)

Common equity tier 1 capital ratio

14.0

14.7

14.2

13.8

12.7

12.4

20.5

23.8

20.9

20.5

Going concern capital ratio / Tier 1 capital ratio

17.8

18.5

17.8

17.3

17.5

16.9

24.6

28.0

24.6

24.0

Total capital ratio

24.6

28.0

24.8

24.3

Total loss-absorbing capacity ratio

36.5

38.0

28.8

28.0

41.8

45.5

34.7

33.8

Tier 1 leverage ratio

5.8

7.2

9.5

9.3

Supplementary tier 1 leverage ratio

8.2

8.1

Going concern leverage ratio

5.3

5.7

9.5

5.4

Total loss-absorbing capacity leverage ratio

11.0

11.7

8.8

8.9

9.9

11.8

13.4

13.1

Gone concern capital coverage ratio

118.2

125.1

Liquidity coverage ratio

High-quality liquid assets (bn)

358.9

318.9

177.4

150.5

111.9

111.2

20.0

18.7

29.0

28.2

Net cash outflows (bn)

200.1

176.9

75.7

66.0

81.1

81.2

14.5

13.4

22.6

21.2

Liquidity coverage ratio (%)

179.4

180.3

235.5

229.2

138.1

137.1

138.9

140.4

127.9

132.9

Net stable funding ratio

Total available stable funding (bn)

892.4

853.7

421.3

410.5

354.6

355.0

17.8

18.6

104.9

107.9

Total required stable funding (bn)

738.1

695.2

435.5

418.7

275.9

276.3

13.7

13.2

79.0

80.5

Net stable funding ratio (%)

120.9

122.8

96.7

98.1

128.6

128.5

130.0

140.5

132.8

134.0

Other

Joint and several liability between UBS AG and

UBS Switzerland AG (bn)

1 Comparative figures have

been restated to align

with the regulatory reports as

submitted to the European

Central Bank (the ECB).

2 The financial information

disclosed does not represent

a full set of financial

statements under the

respective GAAP /

IFRS Accounting Standards.

3 The total

operating income includes

credit loss expense

or release.

4 UBS decided

to consolidate the

Wealth Management International

business and the Global Financial Intermediaries business booked

in Switzerland in UBS AG to further

optimize Group legal and operational structures and

to address regulatory considerations. In the

second quarter

of 2025, the beneficial

ownership of the respective heritage

UBS businesses booked in

UBS Switzerland AG was

transferred from UBS Switzerland

AG to UBS AG,

with effect from 1 January

2025. The transfer

was

made in the form of a dividend in

kind amounting to USD 126m (CHF 100m), reflecting

the net asset value of the

business in scope. UBS Switzerland

AG will continue to manage the

businesses under a contractual

relationship with UBS

AG until the

completion of the

legal transfer,

which is expected

to take

place in 2028,

and will continue

to recognize the

underlying Wealth Management

International and Global

Financial

Intermediaries assets and liabilities until then. UBS AG’s

share of the net profits of USD 368m (CHF 292m) for

the first half of 2025 is reflected in Fee

and commission income for UBS AG and in Fee

and commission

expense for UBS Switzerland AG, both within Operating

income.

5 Refer to the UBS Group and significant regulated subsidiaries and

sub-groups 30 June 2025 Pillar 3 Report, available under “Pillar 3

disclosures”

at ubs.com/investors,

for more

information.

6 Consists of

positions that

meet the

conditions laid

down in

Art. 72a–b of

the Capital

Requirements Regulation

II with

regard to

contractual, structural

or legal

subordination.

7 Consists of eligible long-term debt that meets the conditions specified in 12 CFR § 252.162 of the final total loss-absorbing capacity (TLAC) rules. TLAC is the sum of tier 1 capital and eligible long-

term debt.

8 On a standalone basis

as of 30 June 2025,

UBS AG’s phase-in

CET1 capital ratio was

14.2%, based on risk

weights of 235% and

340% for Swiss and foreign

participations, respectively.

These risk

weights will increase to 250%

and 400% for Swiss

and foreign participations, respectively,

in a phased manner

until 1 January 2028, contributing

to UBS AG’s

fully applied CET1 capital ratio

of 13.2%.

9 In the

second quarter

of 2025,

the liquidity

coverage ratio

(the LCR)

of UBS AG

was 235.5%,

remaining above

the prudential

requirements communicated

by FINMA.

10 In the

second quarter

of 2025,

the LCR

UBS Switzerland AG, which is a Swiss SRB,

was 138.1%, remaining above the prudential

requirement communicated by FINMA in connection

with the Swiss Emergency Plan.

11 In accordance with Art. 17h para.

3 and 4 of the Liquidity Ordinance, UBS AG standalone is required to maintain a minimum NSFR of at least 80% without

taking into account excess funding of UBS Switzerland AG and 100% after taking into account

such excess funding.

12 Under certain circumstances,

the Swiss Banking Act and FINMA’s

Banking Insolvency Ordinance authorize FINMA to

modify, extinguish or convert to

common equity liabilities of a bank in

connection with a resolution or insolvency of

such bank. As of 30 June 2025,

the amount consists of a joint and

several liability of UBS Switzerland AG for contractual obligations of UBS

AG related to the establishment

of UBS Switzerland AG (CHF 2.1bn), and a joint and several liability

of UBS Switzerland AG in connection with the international

covered bonds program of UBS AG (CHF 0.5bn) which

was fully collateralized through

cash deposits from UBS AG.

Significant regulated subsidiary and sub-group

information

UBS Group AG

holding

company

and

conducts

substantially

all

its

operations

through

UBS AG

and

subsidiaries thereof. UBS Group AG and

UBS AG have contributed a

significant portion of

their respective capital

to,

and

provide

substantial

liquidity

to,

such

subsidiaries.

Many

these

subsidiaries

are

subject

regulations

requiring compliance

with minimum

capital, liquidity

and similar requirements.

The tables in

this section summarize

the

regulatory

capital

components

and

capital

ratios

our

significant

regulated

subsidiaries

and

sub-groups

determined under the regulatory framework of

each subsidiary’s or sub-group’s home jurisdiction.

Supervisory authorities

generally have

discretion to

impose higher

requirements or

to otherwise

limit the

activities of

subsidiaries. Supervisory authorities also may require

entities to measure capital and

leverage ratios on a stressed

basis

and may

limit the

ability of

an entity

to engage

in new

activities or

take capital

actions based

on the

results of

those tests.

In August 2024, the Federal Reserve

Board assigned UBS Americas Holding LLC a stress

capital buffer (an SCB) of

9.3%

1 October

2024

(previously

9.1%)

under

the

Federal

Reserve

Board’s

SCB

rule,

resulting

total

common equity tier 1 capital

requirement of 13.8%. The

SCB for our

US-based intermediate holding company is

based on the previously

released results of the Federal

Reserve Board’s 2024 Dodd–Frank Act Stress

Test (DFAST),

where UBS Americas

Holding LLC exceeded

the minimum

capital requirements

under the severely

adverse scenario.

Additional information

on the

above entities

will be

provided in

the UBS

Group and

significant regulated

subsidiaries

and

sub-groups

June

2025

Pillar 3

Report,

which

will

available

under

“Pillar 3

disclosures”

ubs.com/investors

on 28 August 2025.

Credit Suisse International

(standalone)

All values in million, except where indicated

USD

Financial and regulatory requirements

IFRS Accounting Standards

UK regulatory rules

As of or for the quarter ended

30.6.25

31.3.25

Financial information

Income statement

Total operating income

Total operating expenses

107

152

Operating profit / (loss) before tax

(51)

(108)

Net profit / (loss)

(55)

(92)

Balance sheet

Total assets

27,505

34,030

Total liabilities

20,328

26,783

Total equity

7,177

7,247

Capital

Common equity tier 1 capital

6,734

6,816

Additional tier 1 capital

Total going concern capital / Tier 1 capital

6,734

6,816

Tier 2 capital

Total capital

6,734

6,816

Total gone concern loss-absorbing capacity

Total loss-absorbing capacity

6,734

6,816

Risk-weighted assets and leverage ratio

denominator

Risk-weighted assets

7,046

9,332

Leverage ratio denominator

19,754

23,341

Capital and leverage ratios (%)

Common equity tier 1 capital ratio

95.6

73.0

Going concern capital ratio / Tier 1 capital ratio

95.6

73.0

Total capital ratio

95.6

73.0

Total loss-absorbing capacity ratio

95.6

73.0

Tier 1 leverage ratio

34.1

29.2

Going concern leverage ratio

Total loss-absorbing capacity leverage ratio

34.1

29.2

Liquidity coverage ratio

High-quality liquid assets (bn)

12.4

14.0

Net cash outflows (bn)

3.5

4.1

Liquidity coverage ratio (%)

361.4

361.8

Net stable funding ratio

Total available stable funding (bn)

11.0

14.0

Total required stable funding (bn)

4.2

6.1

Net stable funding ratio (%)

266.1

241.8

1 The financial information disclosed does not represent a full set of financial statements under the

respective GAAP / IFRS Accounting Standards.

2 The total operating income includes credit loss expense or release.

3 Refer to the UBS Group and significant regulated subsidiaries and sub-groups 30 June 2025 Pillar 3 Report, available under “Pillar 3 disclosures”

at ubs.com/investors, for more information.

UBS Group AG

PO Box

CH-8098 Zurich

ubs.com

This

Form

6-K

hereby

incorporated

reference

into

(1)

each

the

registration

statements

Form

F-3

(Registration Number

333-283672), and

on Form

S-8 (Registration

Numbers 333-200634;

333-200635; 333-200641;

333-200665;

333-215254;

333-215255;

333-228653;

333-230312;

333-249143

and

333-272975),

and

into

each

prospectus outstanding

under any

of the

foregoing registration

statements, (2)

any outstanding

offering circular

FAQ

What was UBS (UBS) consolidated net profit in Q2 2025?

UBS AG (consolidated) reported USD 1.2 billion net profit for Q2 2025.

How did UBS’s CET1 ratio change in the second quarter of 2025?

The consolidated CET1 ratio decreased to 14.0% from 14.7% in Q1 2025.

What is the new stress capital buffer for UBS Americas Holding LLC?

The Federal Reserve set a 9.3% SCB effective 1 October 2024, lifting the CET1 requirement to 13.8%.

How strong is UBS’s liquidity coverage ratio?

Group LCR is 179%, with UBS AG standalone at 235% and Credit Suisse Int’l at 361%.

What was Credit Suisse International’s capital position in Q2 2025?

CSI posted a 95.6% CET1 ratio and a 34.1% leverage ratio despite a USD 55 m loss.

[6-K] UBS Group AG Current Report (Foreign Issuer)

Insights

FAQ

What was UBS (UBS) consolidated net profit in Q2 2025?

How did UBS’s CET1 ratio change in the second quarter of 2025?

What is the new stress capital buffer for UBS Americas Holding LLC?

How strong is UBS’s liquidity coverage ratio?

What was Credit Suisse International’s capital position in Q2 2025?

NYSE:UBS

UBS Rankings

UBS Latest News

UBS Latest SEC Filings

UBS Stock Data

Trending News

[6-K] UBS Group AG Current Report (Foreign Issuer)

Insights

Global Bank Analyst neutral

Regulatory Risk Specialist neutral

FAQ

What was UBS (UBS) consolidated net profit in Q2 2025?

How did UBS’s CET1 ratio change in the second quarter of 2025?

What is the new stress capital buffer for UBS Americas Holding LLC?

How strong is UBS’s liquidity coverage ratio?

What was Credit Suisse International’s capital position in Q2 2025?

NYSE:UBS

UBS Rankings

UBS Latest News

UBS Latest SEC Filings

UBS Stock Data