UBS Group AG (UBSG) Earnings Call Transcripts
UBS Group AG's Latest Earnings Call - April 15, 2026
In the first quarter of 2026, UBS Group AG reported a net profit of USD 7.8 billion, reflecting a 53% increase year-over-year, driven by successful integration efforts of Credit Suisse and strong asset management performance. The company maintained a CET1 capital ratio of approximately 18.5%, significantly higher than its competitors, but expressed concerns over proposed regulatory capital requirements that could impact competitiveness. UBS also announced a proposed dividend of USD 1.10 per share, a 22% increase from the previous year, and plans for share repurchases totaling USD 3 billion in 2026, signaling confidence in future profitability despite regulatory uncertainties.
Reported metrics
| Metric | Value |
|---|---|
| Net Profit | $7.8B (beat) |
| CET1 Capital Ratio | 18.5% (positive) |
| Proposed Dividend | $1.10 (positive) |
| Share Repurchase Plan | $3B (positive) |
| Return on Common Equity | 10.8% (positive) |
| Cost/Income Ratio | <70% (positive) |
Guidance from management
UBS aims for a mid-teens percent increase in dividends per share for 2026 and is committed to a progressive dividend policy. They expect to achieve a cost/income ratio of around 68% by 2028 and continue to focus on sustainable growth and profitability post-Credit Suisse integration.
What management said
[Interpreted] The verification of admissions tickets has yielded the following results. We have 1,136 shareholders and independent proxies present. We have a representation of 1,881,665,285 voting shares represented. That equals 77.64% of all shares that entitle [ the ] to vote with a nominal value of $0.10 each. And I announce the following according to Article 689 as part of the Swiss Code of Obligations. The ind...
Thank you very much. [Foreign Language]. Thank you for the ongoing good collaboration and partnership and the things you point out. And we clearly look forward to continuing to engage with you on these important topics. Now we have Mr. Vincent Kaufmann.
What analysts pressed on
Analysts expressed concerns regarding the potential impact of new regulatory capital requirements on UBS's competitiveness. There were also questions about the sustainability of the bank's climate initiatives and whether they align with broader market expectations. Additionally, the integration of Credit Suisse and its associated risks remain a focal point for investor scrutiny.
Main topics on the call
- Successful Credit Suisse Integration — UBS has nearly completed the integration of Credit Suisse, migrating 1.2 million client relationships and reducing risk-weighted assets by two-thirds. CEO Sergio Ermotti stated, "We are on track to achieving a return on ...
- Regulatory Concerns — Management highlighted that proposed capital requirements could force UBS to hold an additional USD 22 billion in CET1 capital, raising concerns about competitiveness. They stated, "The current proposals materially under...
- Strong Financial Performance — UBS reported a net profit of USD 7.8 billion for 2025, with a return on common equity Tier 1 capital of 10.8%. The company aims for a cost/income ratio of less than 70% by the end of 2026, indicating operational efficien...
- Increased Shareholder Returns — The board proposed a dividend of USD 1.10 per share, a 22% increase from the previous year, and plans to repurchase USD 3 billion in shares in 2026. This reflects a commitment to returning capital to shareholders while n...
Read the full UBS Group AG transcript (April 15, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About UBS Group AG
UBS Group AG (UBSG) is a publicly listed company in the Capital Markets industry, within the Financials sector. It trades on SWX and is based in CH. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 55 calls on record spanning January 21, 2020 to July 29, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 55 UBS Group AG earnings call transcripts on record, spanning January 21, 2020 to July 29, 2026. Based on this history, UBS Group AG reports quarterly. The most recent call on file is dated July 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- UBSG
- Exchange
- SWX
- Country
- CH
- Sector
- Financials
- Industry
- Capital Markets
- Calls on record
- 55
- First call
- January 21, 2020
- Most recent
- July 29, 2026
- Reporting cadence
- quarterly