tiprankstipranks
UBS Reports Strong FY24 Results and Strategic Growth Plans
Company Announcements

UBS Reports Strong FY24 Results and Strategic Growth Plans

Story Highlights

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

UBS Group AG ( (UBS) ) has shared an announcement.

UBS Group AG reported a net profit of USD 5.1 billion for FY24 and USD 0.8 billion for 4Q24, demonstrating strong performance driven by growth in Global Wealth Management and Asset Management. The company achieved significant milestones in its integration with Credit Suisse, reducing execution risks, and maintained a robust capital position. UBS plans to continue its growth trajectory with increased dividends and share repurchases, positioning itself for long-term development and stakeholder value creation.

More about UBS Group AG

UBS Group AG is a global financial services company providing services in wealth management, asset management, and investment banking. The company focuses on expanding its global presence while strategically investing in key markets.

YTD Price Performance: 16.97%

Average Trading Volume: 1,546,471

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $113.2B

See more data about UBS stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App