UBS Stock Results Surpass Forecasts and Volatility

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Posted Oct 23, 2024

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Colleagues in White Long Sleeve Shirts Sitting and Reading a Financial Report on a Conference Room
Credit: pexels.com, Colleagues in White Long Sleeve Shirts Sitting and Reading a Financial Report on a Conference Room

UBS's stock performance has been a notable one, with results surpassing forecasts. The bank's strong earnings have led to a significant increase in its stock value.

In Q4 2022, UBS reported a net profit of $2.3 billion, exceeding market expectations. This was largely due to the bank's efforts to reduce costs and improve efficiency.

The bank's ability to navigate through market volatility has been a key factor in its success. Despite the challenges posed by the pandemic and other economic factors, UBS has managed to maintain its profitability.

As a result, UBS's stock has seen a significant surge in value, with a 15% increase in the past quarter alone. This trend is expected to continue, with analysts predicting further growth in the coming months.

Risk and Performance

The risk and performance of UBS stock are worth considering. Large one-off items can impact financial results, and Partners Group Holding's unstable dividend track record is a concern.

Credit: youtube.com, UBS Group (UBS) Stock Analysis: Should You Invest?

UBS Group's financial performance has been strong, with revenue increasing 15.53% in 2023 to $39.61 billion. Earnings also saw a significant jump, rising 264.99% to $27.85 billion.

Here's a snapshot of UBS Group's stock performance over the past few years:

The current share price of UBS Group is CHF 28.07, with a 52-week high of CHF 29.57 and a 52-week low of CHF 22.53.

Financial Performance

UBS Group AG's financial performance has been impressive, with a 15.53% increase in revenue to $39.61 billion in 2023. This growth is a significant boost compared to the previous year's revenue of $34.29 billion.

The bank's earnings also saw a substantial increase, rising by 264.99% to $27.85 billion in 2023. This surge in earnings is a testament to the bank's ability to adapt and grow in a rapidly changing market.

UBS's integration with Credit Suisse has been a major contributing factor to its financial success. The merger has helped the bank to expand its wealth management capabilities and increase its revenue.

Here's a breakdown of UBS's financial performance over the past few years:

The bank's share price has also seen significant growth, with a 10-year high and a 33-year change of 72.84%. This indicates that UBS is a stable and long-term investment opportunity.

Risk Analysis

Credit: youtube.com, 38. Key performance indicators for risk managers - Alex Sidorenko

Large one-off items can significantly impact a company's financial results, and this is particularly true for Particular Group Holding, which has an unstable dividend track record.

UBS Group, on the other hand, has not had significant price volatility in the past 3 months compared to the Swiss market, with an average weekly movement of 3.2%.

The bank's CEO, Sergio Ermotti, has warned of volatility in the markets, particularly around US elections, which could impact the company's performance.

In the past year, UBS Group's weekly volatility has remained stable at around 3%.

Here's a comparison of UBS Group's volatility with the industry and market averages:

The company's share price has been relatively stable, with a 52-week high of CHF 29.57 and a 52-week low of CHF 22.53, indicating a manageable level of price fluctuation.

Worth a look: Stock Price

Frequently Asked Questions

What is the symbol for UBS group?

The symbol for UBS Group is UBS. This is the ticker symbol used to represent the company on various stock exchanges.

Is UBS and UBS AG the same company?

UBS and UBS AG are not exactly the same company, but UBS AG is the holding company that owns 100% of UBS's outstanding shares. UBS AG was established in 2014 as the parent company of the UBS Group.

What is UBS Group AG net worth?

As of November 8, 2024, UBS Group AG's market cap is $102.79 billion. This represents a significant increase of 23.57% over the past year.

What is the bank name of UBS AG?

UBS AG is the bank name resulting from the merger of Union Bank of Switzerland and Swiss Bank Corporation. Learn more about UBS AG's rich history and its predecessor banks on our "History" pages.

Is UBS a buy stock?

UBS has a consensus rating of Moderate Buy, based on 5 buy ratings and 6 total ratings from analysts. Investors may want to consider the latest market trends and expert opinions before making a decision.

Sources

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  2. Exclusive: US scrutinizes Russia accounts UBS took over from Credit Suisse, sources say (reuters.com)
  3. UBS Hires Financial Advisor Anibal Drelichman in Washington, D.C. (businesswire.com)
  4. UBS AG Published its 3Q24 Financial Report (Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules) (businesswire.com)
  5. Resolvability key to UBS capital requirements, minister says (reuters.com)
  6. Systemically important banks have enough capital, UBS chairman says (reuters.com)
  7. UBS remains in discussion with Swiss govt over capital plans, CEO says (reuters.com)
  8. Stocks have rarely been this expensive versus bonds. Now, UBS expects that to change. (marketwatch.com)
  9. U.S. election won't be an 'uneventful event' for global markets, UBS chief says (cnbc.com)
  10. UBS smashes forecasts with bumper profit, warns of volatility around U.S. elections (marketwatch.com)
  11. UBS and Standard Chartered surpass Q3 profit expectations, signal growth amid strategic shifts (invezz.com)
  12. UBS Net Profit Beats Expectations (wsj.com)
  13. UBS posts bigger-than-expected net profit in third quarter (reuters.com)
  14. UBS reports $1.4 bln net profit attributable to shareholders in Q3 (reuters.com)
  15. UBS reports 3Q24 net profit of USD 1.4bn with 6.2trn in invested assets; delivering for clients, executing on integration at pace and investing for growth (Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules) (businesswire.com)
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  23. Why Is UBS (UBS) Down 3.9% Since Last Earnings Report? (yahoo.com)
  24. UBS and Mercedes-AMG PETRONAS Formula One Team extend contract (yahoo.com)
  25. UBS Group AG (UBS): Hedge Funds Are Bullish On This Diversified Bank Stock Now (yahoo.com)
  26. Commerzbank Board Hires UBS for Potential UniCredit Deal Advice (yahoo.com)
  27. UBS chair warns against big increase in capital requirements, newspaper reports (yahoo.com)
  28. Is UBS Group AG (NYSE:UBS) The Best Global Stock To Buy Now? (yahoo.com)
  29. UBS Declares Coupon Payments on 14 ETRACS Exchange Traded Notes (businesswire.com)
  30. Five UBS Financial Advisors in the Pacific Desert Market Recognized by Forbes as Top Next-Gen Advisors (businesswire.com)
  31. UBS quantimental framework identifies a surprise U.S. company as its highest ranking stock (yahoo.com)
  32. Campaigners want UBS barred from US pension market, Sueddeutsche Zeitung says (yahoo.com)
  33. UBS Must Revise Post-Takeover Emergency Plans, Finma Says (yahoo.com)
  34. UBS set to undergo revisions thanks to FINMA (yahoo.com)
  35. UBS Financial Advisor Warren Coughlin Named to the Forbes Top Next-Gen Best-in-State Wealth Advisor List (businesswire.com)
  36. Financial Advisor James Kosan joins UBS in the Inland Empire (businesswire.com)
  37. Advisor John Hardin Joins UBS Private Wealth Management in Miami (businesswire.com)
  38. UBS Private Wealth Management increases its workforce in Miami (yahoo.com)
  39. UBS sells its 50% stake in Swisscard to American Express (yahoo.com)
  40. UBS Bankers Under Pressure From Lawyers to Rethink ESG Labels (yahoo.com)
  41. UBS migration of Credit Suisse clients to take 18 months, CEO says (yahoo.com)
  42. UBS fund management arm reports 3% stake in Swiss National Bank (yahoo.com)
  43. UBS reports 3Q24 net profit of USD 1.4bn with 6.2trn in invested assets; delivering for clients, executing on integration at pace and investing for growth (Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules) (businesswire.com)
  44. UBS reports $1.4 billion net profit attributable to shareholders in Q3 (yahoo.com)
  45. UBS profit surges above forecasts, hazy capital outlook weighs on shares (yahoo.com)
  46. UBS AG UK Regulatory Announcement: UBS reports 3Q24 net profit of USD 1.4bn with 6.2trn in invested assets; delivering for clients, executing on integration at pace and investing for growth (Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules) (businesswire.com)
  47. UBS Profit Beats Expectations on Credit Suisse Integration Progress (yahoo.com)
  48. UBS (UBS) Tops Q3 Earnings and Revenue Estimates (yahoo.com)
  49. UBS Profit Outstrips Expectations as CEO Warns on Looming Risks (yahoo.com)
  50. Heard on the Street: UBS Keeps Blowing Past Goalposts (yahoo.com)
  51. UBS reports higher wealth management revenue as Q3 profits return (yahoo.com)
  52. UBS Eyes U.S. Wealth Deal. But Dont Hold Your Breath. (yahoo.com)
  53. UBS Group AG (UBS) Q3 2024 Earnings Call Highlights: Strong Profit Growth and Strategic ... (yahoo.com)
  54. UBS Hires Financial Advisor Denise Meulebrouck in Birmingham, MI (businesswire.com)
  55. $5.7T Banking Giant UBS Launches First Tokenized Fund on Ethereum (yahoo.com)
  56. Chainlink, UBS Asset Management, Swift Complete Pilot to Extract Cash From Tokenized Funds (yahoo.com)
  57. UBS Declares Coupon Payments on 8 ETRACS Exchange Traded Notes (businesswire.com)
  58. UBS pilots blockchain-based payment system (yahoo.com)
  59. Sempra (SRE) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  60. Entergy (ETR) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  61. NextEra Energy, Inc. (NEE) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  62. Yum! Brands (YUM) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  63. Ralph Lauren Corp. (RL) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  64. Home Depot, Inc. (HD) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  65. Adobe Inc. (ADBE) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  66. Microsoft Corporation (MSFT) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  67. Bank of America (BAC) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  68. Truist Financial Corporation (TFC) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  69. Freeport-McMoRan Inc. (FCX) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  70. Corteva Inc. (CTVA) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  71. Air Products and Chemicals (APD) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  72. American Tower Corp. (AMT) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  73. Prologis, Inc. (PLD) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  74. Equity Residential (EQR) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  75. Thermo Fisher Scientific (TMO) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  76. Merck & Co., Inc. (MRK) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  77. Abbott Laboratories (ABT) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  78. Exxon Mobil (XOM) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  79. Suncor Energy (SU) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  80. Norfolk Southern Corporation (NSC) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  81. The Boeing Company (BA) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  82. AECOM (ACM) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  83. The Coca-Cola Company (KO) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  84. Colgate-Palmolive Company (CL) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  85. Meta Platforms, Inc. (META) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  86. UBS AG Published its 3Q24 Financial Report (Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules) (businesswire.com)
  87. UBS AG UK Regulatory Announcement: UBS AG Published its 3Q24 Financial Report (Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules) (businesswire.com)
  88. UBS pilots new blockchain-powered payment system (yahoo.com)
  89. UBS Hires Financial Advisor Anibal Drelichman in Washington, D.C. (businesswire.com)
  90. Salesforce, Inc. (CRM) Makes It On UBS List Of Stocks For The AI, Growth & Low Rates Era (yahoo.com)
  91. Exclusive-US scrutinizes Russia accounts UBS took over from Credit Suisse, sources say (yahoo.com)
  92. Swiss financial watchdog to regularly review how it oversees UBS (yahoo.com)
  93. UBS Hires Ryan Lurie to Lead Arizona Wealth Management Market (businesswire.com)
  94. Are Investors Undervaluing UBS (UBS) Right Now? (yahoo.com)
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Joan Corwin

Lead Writer

Joan Corwin is a seasoned writer with a passion for covering the intricacies of finance and entrepreneurship. With a keen eye for detail and a knack for storytelling, she has established herself as a trusted voice in the world of business journalism. Her articles have been featured in various publications, providing insightful analysis on topics such as angel investing, equity securities, and corporate finance.