UBS Group stock gains support from profit and buyback plans
Published on 10/31/2026 at 10:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSUBS combines profit and capital returns
- Third-quarter pretax profit rose 27 percent year over year, while wealth-management net new assets reached USD 55.1 billion.
- UBS plans to complete its USD 3 billion share repurchase program with its fourth-quarter results.
- Credit Suisse integration remains on track, with cumulative gross cost savings expected to reach about USD 13.7 billion by year-end.
UBS reported a stronger third quarter on Wednesday, October 28, as pretax profit rose 27 percent year over year to USD 3.587 billion. The bank also reported net profit attributable to shareholders of USD 2.690 billion for the quarter.
The figures came from UBS's third-quarter results release. CNBC reported that the pretax result was broadly in line with forecasts and highlighted the contribution from strong inflows into Global Wealth Management.
Wealth inflows support quarterly performance
Global Wealth Management attracted USD 55.1 billion in net new assets during the quarter, equivalent to a 4.5 percent annualized growth rate. UBS said inflows were particularly strong in Asia-Pacific and the Americas, while client commitments across wealth management and asset management reached a quarterly record of USD 12.5 billion.
Underlying profit before tax reached USD 4.077 billion, up 14 percent year over year. Global Wealth Management underlying revenue increased 8 percent to USD 6.898 billion, supported by recurring net fee income and net interest income. UBS cautioned that fourth-quarter transaction volumes should show a more typical seasonal moderation.
Buyback timing moves into focus
UBS repurchased USD 1.8 billion of shares during the quarter and plans to complete its USD 3 billion program when it reports fourth-quarter results. The pace remains subject to short-term financial performance, a CET1 ratio around 14 percent and greater clarity on proposed Swiss capital rules.
The Credit Suisse integration is also nearing its final stage. UBS said cumulative gross cost savings had reached USD 13.2 billion by September 30 and expects the total to rise to about USD 13.7 billion by the end of 2026, above its previous ambition of approximately USD 13.5 billion. Around 90 percent of the legacy applications in scope had been fully decommissioned.
Quote and investor context
The real-time quote of UBS Group stock was 42.74 euros on Lang & Schwarz at 10:12 a.m. Berlin time on Saturday, October 31, 2026.
UBS Group AG at a glance
- Company: UBS Group AG
- ISIN: CH0244767585
- Latest quote: 42.74 euros on Lang & Schwarz, October 31, 2026, 10:12 a.m. Berlin time
- Third-quarter net profit: USD 2.690 billion
- Third-quarter pretax profit: USD 3.587 billion
- CET1 capital ratio: 14.7 percent
- Global Wealth Management net new assets: USD 55.1 billion
The Euro Stoxx 50 provides the broader European equity market context for UBS Group stock.
