UBS net profit attributable to shareholders soars 74% in Q3 2025

Core Insights - UBS reported a net profit attributable to shareholders of $2.4 billion for Q3 2025, marking a 74% increase year on year [1] - The profit before tax (PBT) was $2.8 billion, up 47% year on year, with underlying PBT increasing by 50% to $3.5 billion [2] - The diluted earnings per share reached $0.76, a 77% increase compared to the previous year [3] Financial Performance - Reported revenues for the group stood at $12.7 billion, reflecting a 3% increase, while core business underlying revenues rose by 7% [3] - Invested assets grew by 4% sequentially to $6.9 trillion, driven by contributions from Global Wealth Management, Asset Management, and Personal & Corporate banking [3] - Net new assets for the year to date reached $92 billion, nearing UBS's target of $100 billion for the full year [4] Business Segments - Global Wealth Management recorded $38 billion in net new assets, with inflows from Asia-Pacific, EMEA, and Switzerland surpassing outflows in the Americas [3] - In Asset Management, net new money was reported at $18 billion for the quarter, pushing invested assets above the $2 trillion mark [4] - Underlying Global Banking revenue in Investment Banking rose 52% to $0.8 billion, primarily driven by advisory and capital markets activity [4] Shareholder Returns - UBS completed $1.1 billion in share buybacks during Q3 and anticipates repurchasing up to another $0.9 billion in Q4 2025, aiming for a total of $3 billion in buybacks for the year [5] - The CEO highlighted strong private and institutional client activity, with invested assets nearing $7 trillion [5] Strategic Outlook - The company emphasized a strong balance sheet as a key pillar of its strategy, allowing for investments in talent, technology, and capabilities for long-term growth and value creation [6]