UBS - Why Swiss Banking Giant UBS' Shares Are Rising Today | Benzinga
UBS Group AG (NYSE: UBS) shares are trading higher by around 2% after the company reported Q3 FY23 results.
Sales jumped 42% Y/Y to $11.695 billion, beating the consensus of $11.037 billion.
Underlying profit before tax, which excludes negative goodwill, integration-related expenses, and acquisition costs, came in at $0.8 billion.
The company reported an EPS loss of $(0.24) vs. consensus of $0.17.
The quarter-end CET1 capital ratio was 14.4% and the CET1 leverage ratio was 4.9%, both in excess of current guidance of ~14% and >4.0%, respectively.
The bank reported net new ...