UBS stock trades near multi-year high as wealth management revenue grows and capital returns stay in focus
Published on 07/21/2026 at 05:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
UBS Group AG (ISIN CH0244767585) stock is trading near a multi-year high, supported by higher wealth management revenue in 2024 and a strong capital position that underpins continued share buybacks and dividend payments for investors in the Swiss banking group.
Wealth revenue up in 2024
UBS Group AG reported increased wealth management revenue for fiscal 2024 as the bank continued to leverage its expanded platform following the integration of Credit Suisse. In the 2024 reporting year, UBS disclosed that wealth management revenues were higher than in 2023, reflecting stronger client activity and larger invested asset balances after the acquisition-driven expansion of its franchise. This improvement built on the post-merger consolidation and helped to offset pressures in other areas of the business such as certain investment banking activities.
Alongside the revenue development, UBS highlighted that net new money in its global wealth management arm was positive in 2024 compared with 2023, indicating that high net worth and ultra-high net worth clients continued to allocate assets to the bank despite the extensive restructuring program. This trend gave the group additional fee income and strengthened the recurring revenue base that underpins the valuation of UBS stock. The broader franchise, including Americas and Asia wealth operations, contributed to this performance by capturing flows from clients seeking diversified advice and global market access.
Net profit and capital ratio comparison
For fiscal 2024, UBS Group AG reported a net profit that was higher than the level achieved in 2023, as the bank moved further away from the one-off charges and integration costs associated with the rescue takeover of Credit Suisse. This year-on-year net profit increase signaled that cost synergies and the scaling of the combined group were gaining traction. In particular, UBS described lower operating expenses relative to the enlarged revenue base, which supported the margin and allowed earnings per share to improve in 2024 compared with 2023.
In terms of capital strength, UBS stated that its common equity tier 1 (CET1) capital ratio remained above regulatory minimums in 2024 and was broadly consistent with or slightly higher than the CET1 level recorded in 2023. This stability in the CET1 ratio gave the bank room to continue capital returns while also absorbing remaining integration-related items and any potential adjustments from risk-weighted asset optimization. The capital position was further supported by retained earnings and disciplined risk management in the core lending and trading portfolios, which together helped UBS to preserve flexibility for strategic moves and shareholder distributions.
Detailed UBS Group investor information
UBS Group AG provides comprehensive financial data, strategy updates, and integration progress reports for shareholders and analysts on its Investor Relations pages.
Global wealth platform and key products
UBS Group AG has built its strategy around a global, integrated wealth management platform that spans Europe, the Americas, Asia Pacific, and emerging markets. Clients engage the bank for discretionary portfolio management, advisory mandates, lending against portfolios, and access to capital markets products. Following the integration of Credit Suisse, UBS expanded its reach in important hubs, reinforcing its position as one of the largest global wealth managers measured by invested assets.
The bank offers a wide range of investment products, including mutual funds, structured products, and alternatives such as private equity and hedge fund solutions, designed for affluent and institutional investors. Its platform combines proprietary strategies and third party products, allowing advisors to tailor portfolios to client objectives across risk levels and time horizons. In parallel, UBS provides digital channels that enable clients to monitor their portfolios, execute trades, and consult with advisors, which has become more important as clients look for seamless, omnichannel experiences.
UBS stock valuation and trading venue
UBS stock is primarily listed on SIX Swiss Exchange, where the group is one of the largest constituents in the Swiss equity market by free float market capitalization. The shares also have a secondary listing on the New York Stock Exchange through a US listing structure, giving international investors direct access in US dollars under the UBS ticker. As of 2024, the stock has traded close to levels that reflect the enlarged earnings base of the combined UBS and former Credit Suisse operations, and market participants have increasingly focused on capital efficiency and returns on equity in their assessments.
For investors, one focal point in the UBS stock story has been the trajectory of tangible book value per share and the extent to which management can lift the return on tangible equity above the cost of capital, now that integration is progressing and legacy restructuring items are declining. The bank has reiterated its ambition to maintain a disciplined balance between capital returns and investment in growth areas such as Asia wealth management and sustainable finance solutions, and this balance will remain central to how the market values the stock over the medium term.
UBS Group AG stock facts
- Company: UBS Group AG
- ISIN: CH0244767585
- Ticker: SIX: UBSG
- Trading venue: SIX Swiss Exchange
- Sector / Industry: Financials / Diversified Banks
- Index membership: SMI
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