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home / news releases / UBS - UBS: Benefits Of Credit Suisse Deal Starting To Show

UBS - UBS: Benefits Of Credit Suisse Deal Starting To Show

UBS Group AG Registered

2024-05-08 00:51:11 ET

Summary

  • UBS Group AG reports strong first quarter earnings, with consolidated revenue up 4% and expenses down 12%.
  • The integration of Credit Suisse is progressing well, leading to revenue and expense benefits from the rescue deal.
  • UBS expects significant growth in earnings by 2026, potentially increasing stock price to the high $40s.

UBS First Quarter Earnings Review:

UBS Group AG ( UBS ) reported a spectacular Q1 of 2024 early this morning . The integration of Credit Suisse continues apace. While there remain some cost cuts to complete, the revenue and expense benefits of the rescue deal are flowing through beautifully....

For further details see:

UBS: Benefits Of Credit Suisse Deal Starting To Show
Stock Information
Company Name: UBS Group AG Registered
Stock Symbol: UBS
Market: NYSE
Website: ubs.com
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