10/26/2021, 6:51 AM (Source: TeleTrader)
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UBS GR.-0.75%

Chart for: UBS GROUP N

UBS' Q3 net profit rises by 24% to $2.3 billion

Investment banking company UBS Group AG reported on Tuesday it booked a $2.28 net profit, rising by 24.2% from last year's third-quarter results.

During the same period, the company's operating profit increased to $9.13 billion, while its diluted earnings per share for the three months stood at $0.63, rising compared to the same time the year before when the EPS landed at $0.56.

"Our business momentum, our focus on fueling growth, on disciplined execution and on delivering our full ecosystem to clients – all of this led to another strong quarter financially across all of our business divisions and regions," said Ralph Hamers, UBS's Group CEO.

Baha Breaking the News (BBN) / NL