Swiss banking giant UBS Group AG (UBS) reported Tuesday that its first-quarter net profit attributable to shareholders was $2.14 billion, up 17 percent from last year's $1.35 billion.
Earnings per share were $0.61, higher than $0.49 a year ago.
Operating profit before tax climbed 19 percent from last year to $2.73 billion.
Operating income increased 8 percent to $9.36 billion from last year's $8.71 billion.
Further, the company said it intends to repurchase a total of around $5 billion of shares during 2022.
For comments and feedback contact: editorial@rttnews.com
Business News