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UBS Q2 Profit Rises - Quick Facts

Swiss banking giant UBS Group AG (UBS) reported Tuesday that its second-quarter net profit attributable to shareholders was $2.11 billion, up 5 percent from last year's $2.01 billion.

Earnings per share grew to $0.61 from $0.55 a year ago.

Profit before tax edged up 1 percent from last year to $2.62 billion.

Total revenues were $8.92 billion, slightly higher than $8.90 billion in the prior year. Net interest income grew 2 percent from last year to $1.67 billion.

Further, the company said it expects to repurchase a total of around $5 billion of shares during 2022, as planned.

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