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UBS reports Q2 EPS 72c vs. 34c last year

Reports Q2 revenue $12.1B vs. $11.9B last year. Reports CET1 capital ratio 14.4%. Reports tangible book value per share $25.95. Reports Q2 net profit $2.4B vs. $1.1B last year. “We sustained robust momentum during a quarter that started with extreme volatility by staying close to our clients and executing on our integration plans. We also maintained a balance sheet for all seasons while delivering on our capital return plans. We are positioning for long term success by further enhancing our global capabilities, investing in our future infrastructure and AI, while actively engaging in the debate on future regulation in Switzerland. This allows us to fulfill our commitment to support all the communities where we live and work,” said CEO Sergio Ermotti.

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