UBS Group Q3 Earnings & Revenues Increase Y/Y, Expenses Decline

UBS Group AG (UBS) reported a third-quarter 2024 net profit attributable to shareholders of $1.42 billion against a net loss of 715 million in the prior-year quarter. Find the latest earnings estimates and surprises on the Zacks Earnings Calendar.Results were driven by the strong performances of the Global Wealth Management, Asset Management and Investment Bank divisions. The decrease in operating expenses was another positive. However, an increase in credit loss expenses was a headwind.UBS's Revenues & Exp ...