UBS reported a net profit attributable to shareholders of $2.8 billion for the second quarter of 2026, up from $2.39 billion a year earlier. Revenue rose 13% to $13.7 billion, driven by a 23% increase in underlying transaction-based income in Global Wealth Management and a 31% rise in underlying revenue in the Investment Bank. Global Wealth Management attracted $36 billion in net new assets, while group invested assets reached a record $7.3 trillion. The bank plans to repurchase at least $1 billion of shares over the next three months and expects a modest rise in Global Wealth Management net interest income in the third quarter.
UBS Group AGUBS reported higher net profit and revenue, with strong wealth management and investment banking results, and announced a share buyback.