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

Rhea-AI Filing Summary

UBS Group AG Form 6-K dated 30 July 2025 provides an updated capitalization snapshot as of 30 June 2025.

• Total capitalization: USD 427.9 bn, up 3.5% from 31 Mar 25 (USD 413.6 bn).
• Total debt issued: USD 338.2 bn (+3.8%). Within this, short-term debt climbed 8.8% to USD 97.2 bn while long-term debt rose 1.9% to USD 241.0 bn.
• Equity: Shareholder equity increased 2.4% to USD 89.3 bn; non-controlling interests reached USD 0.4 bn.
• Capital mix: Debt now represents roughly 79% of total capitalization, equity 21%.
• Loss-absorbing capital: High-trigger AT1 instruments total USD 16.6 bn; non-Basel-III Tier 2 legacy bonds are immaterial (USD 0.2 bn).
• Funding profile: 88% of debt is unsecured, highlighting continued reliance on wholesale markets.

The filing contains no earnings, guidance or transactional details; it chiefly updates capital figures and is incorporated by reference into existing S-8 shelf registrations.

Positive

• Shareholder equity increased 2.4% quarter-over-quarter, enhancing capital base.
• High-trigger AT1 instruments of USD 16.6 bn continue to bolster loss-absorbing capacity.

Negative

• Total debt rose USD 12.3 bn, with an 8.8% jump in short-term obligations.
• 88% unsecured debt indicates significant reliance on wholesale funding, posing refinancing risk.

Insights

Financial Analyst

TL;DR: Modest balance-sheet expansion; leverage stable; information neutral for valuation.

Capitalization rose by USD 14.4 bn, driven mainly by higher short-term funding. Equity growth roughly offset the debt increase, keeping the debt-to-equity ratio near 3.8×. The USD 16.6 bn of AT1 capital supports regulatory buffers, and legacy Tier 2 exposure is negligible. Absence of earnings or CET1 ratios limits credit-quality insight. Overall, the update neither alters profitability outlook nor capital adequacy trajectory, so market impact is muted.

Risk Analyst

TL;DR: Rising unsecured debt raises wholesale funding dependence but within normal range.

Short-term debt grew almost 9% in three months, signaling elevated liquidity usage. With 88% of total debt unsecured, UBS remains sensitive to funding-market conditions; however, ample AT1 capital offers loss-absorption capacity. Because absolute leverage and capital mix remain consistent with prior quarters, risk profile is largely unchanged, yielding a neutral impact.

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: July 30, 2025

UBS Group AG

(Registrant's Name)

Bahnhofstrasse 45, 8001 Zurich, Switzerland

(Address of principal executive office)

Commission File Number: 1-36764

Indicate by check mark whether the registrant files or will file annual reports under cover of

Form 20-F or Form 40-F.

Form 20-F

☒

 Form 40-F 

☐

UBS Group AG produces regular annual and quarterly reports, which are submitted to the

SEC under Forms 20-F and 6-K, respectively. UBS Group AG’s consolidated financial statements are

prepared in accordance with IFRS Accounting Standards. SEC regulations require certain additional

disclosures to be included in registration statements relating to offerings of securities. Certain of these

additional disclosures follow herein, and should be read in conjunction with the annual report on Form

20-F for the year ended 31 December 2024 of UBS Group AG, filed with the SEC on March 17, 2025,

as well as UBS Group AG's first quarter 2025 report, submitted to the SEC on Form 6-K on April 30,

2025, and UBS Group AG's second quarter 2025 report, submitted to the SEC on Form 6-K on July

30, 2025.

Capitalization of UBS Group AG

The table below presents the consolidated capitalization of UBS Group AG in accordance with IFRS Accounting

Standards in US dollars, the presentation currency of UBS Group AG.

As of

USD m

30.6.25

31.3.25

Debt:

Short-term debt issued

 1

 97,241

 89,360

Long-term debt issued

 2

 240,990

 236,612

of which: eligible as high-trigger loss-absorbing additional tier 1 capital instruments

 16,608

 16,352

of which: eligible as non-Basel III-compliant tier 2 capital instruments

 196

 205

Total debt issued

 3

 338,231

 325,972

Equity attributable to shareholders

 89,277

 87,185

Equity attributable to non-controlling interests

 422

 405

Total capitalization

 427,931

 413,562

1 Short-term debt issued consists of debt issued (reflected on the balance sheet lines Debt issued measured at amortized cost and Debt issued designated at fair value) by UBS Group AG and

its subsidiaries with a remaining contractual maturity of less than one year without considering any early redemption features. 2 Long-term debt issued consists of debt issued (reflected on

the balance sheet lines Debt issued measured at amortized cost and Debt issued designated at fair value) by UBS Group AG and its subsidiaries with a remaining contractual maturity of more

than one year without considering any early redemption features. 3 As of 30 June 2025, 88% of the total debt issued was unsecured.

This Form 6-K is hereby incorporated by reference into each of the registration statements of UBS

Group AG 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.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly

caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

UBS Group AG

By: _/s/ David Kelly _____________

Name: David Kelly

Title: Managing Director 

By: _/s/ Ella Copetti-Campi ______________

Name: Ella Copetti-Campi

Title: Executive Director

Date: July 30, 2025

FAQ

What is UBS (UBS) total capitalization as of 30 June 2025?

UBS reports USD 427.9 billion in total capitalization.

How much did UBS short-term debt change in Q2 2025?

Short-term debt increased USD 7.9 billion to USD 97.2 billion, up 8.8% from 31 Mar 25.

What portion of UBS debt is unsecured?

88% of the USD 338.2 billion total debt is unsecured.

How large is UBS’s AT1 capital stock?

High-trigger AT1 instruments total USD 16.6 billion.

Does the 6-K include earnings or guidance information?

No, the filing only updates capitalization and is incorporated into existing S-8 registrations.