tiprankstipranks
UBS Reports Strong Q3 Profit Amid Global Growth
Company Announcements

UBS Reports Strong Q3 Profit Amid Global Growth

UBS Group AG (UBS) has released an update.

Don't Miss our Black Friday Offers:

UBS Group AG has reported a net profit of USD 1.4 billion for the third quarter of 2024, showcasing robust client activity and a strengthened business model. The company saw a notable increase in transactional activity and invested assets, with revenues up 5% year-on-year and strong global market performance, especially in the Americas and APAC regions. UBS is also making significant progress in cost reduction and integration efforts, positioning itself for sustainable growth and future capital returns.

For further insights into UBS stock, check out TipRanks’ Stock Analysis page.

Related Articles
Samuel O'BrientWall Street Is Pounding the Table on Nvidia (NASDAQ:NVDA) Ahead of Earnings
TheFlyUBS price target raised to CHF 34 from CHF 31 at Morgan Stanley
Samuel O'BrientAmazon Is Working On its Own AI Chips to Rival Nvidia (NASDAQ:NVDA)
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