UBS beats profit forecast but shares fall

UBS shares retreat 6% as fourth-quarter profit beat, $3 billion buyback fail to impress
Swiss banking giant UBS on Tuesday posted $770 million in fourth-quarter net profit, compared with a mean forecast of $886.4 million in a LSEG poll of analysts and with a $483 million estimate in a company-provided estimate.
UBS beats profit forecast but shares fall as buyback plan fails to impress
By Ariane Luthi ZURICH (Reuters) -Fourth-quarter profit at UBS Group well exceeded forecasts on Tuesday but the lender's shares fell as its buyback plans, contingent on no changes to Swiss capital rules,
UBS Turns To Profit In Q4, Hikes Dividend, Plans $3 Bln Buyback; But Stock Down
UBS Group AG reported Tuesday a profit in its fourth quarter, compared to prior year's loss, benefited by increased revenues. The
UBS trounces profit forecasts, conditional $4 billion buyback unveiled
Investors have warmed to the Credit Suisse takeover, with UBS’s shares rising by more than 80 per cent since. Read more at straitstimes.com.
UBS Says Swiss Capital Rule Would Mean Higher Profit Retention
UBS Group AG says it would have to fund any new capital requirement from the Swiss government through higher profit retention, according to the bank’s Chief Financial Officer Todd Tuckner.
UBS Earnings: UBS Shares Drop 6% Despite Strong Q4 Profits and Buyback
Shares of the banking giant UBS Group AG (UBS) dropped nearly 6% in pre-market trading, despite reporting strong Q4 profits. The bank’s $3
UBS trounces profit forecasts, US$3 billion share buyback conditional on capital rules
UBS Group on Tuesday (Feb 4) posted fourth-quarter profit that beat forecasts by a wide margin and said it would buy back up to US$3 billion in shares this year if there were no major changes to bank capital rules in Switzerland in the near term.
UBS Buyback Plans Fail to Cheer Investors Awaiting Capital Rule
UBS Group AG shares slumped on Tuesday, signaling that uncertainty over an upcoming government decision on capital requirements is overshadowing the bank’s progress in integrating Credit Suisse.
UBS Aims to Boost Buybacks as Net Profit Beats Expectations
The group plans to repurchase $1 billion of its stock in the first half and buy back up to an additional $2 billion in the second.
UBS Shares Slump on Stock Buyback Uncertainty
The company details plans to improve the profitability of its wealth management unit, with a focus on the U.S. market.
Answer to UBS’s chronic US problem may be M&A
Sergio Ermotti has a U.S. problem. The UBS boss acknowledged as much on Tuesday by releasing some new targets for the ...
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Why UBS Group AG (UBS) Stock is Currently 3.03% Above from Its 20-Day SMA?
On Monday, UBS Group AG (UBS) stock saw a decline, ending the day at $34.94 which represents a decrease of $-0.48 or -1.36% from the prior close of $35.42. The stock opened at $34.33 and touched a low ...
UBS is European banking’s loneliest mountaineer
Instead of looking over its shoulder at the rest of Europe, Swiss bank would prefer to narrow gap on US rivals ...
UBS Group: Regulatory Overhang Dampens Q4 Earnings Beat
UBS Group AG exceeds Q4 expectations, plans for cost cuts and improved RoCET1, faces challenges post Credit Suisse takeover.
UBS Reports Strong Q4 Profit Growth, Warns Of Interest Income Decline
UBS Group AG shares down after reporting $11.6B sales, 7% Y/Y growth & EPS of $0.23, beating consensus. Global Wealth Management's net new assets rose 10% Y/Y.