UBS posts quarterly profit of $2.4 billion

In the second quarter of 2025, UBS earned significantly more than in the same period of the previous year amid restructuring and capital discussions. +Get the most important news from Switzerland in your inbox With a consolidated profit of $2.4 billion in the months from April to June 2025, UBS's bottom line was more than twice as high as in the same period last year. The bank reported a pre-tax profit of $2.19 billion on Wednesday, which is almost half as much. Adjusted for various items, pre-tax profit totalled $2.68 billion (+30%). With these figures, Switzerland's largest bank exceeded market expectations. The bank's income rose by 2% to $12.11 billion, while expenses fell by 6% to $9.76 billion. The cost/income ratio, which is important for a bank, was therefore 80.5%; on an adjusted basis, the figure was slightly better at 75.4%. Optimistic for targets In its core business - global wealth management - the big bank was able to acquire further client assets. Net new money ...