Revenue growth drives 14% rise in Q3 2026 underlying pretax profit
UBS•UBS said third-quarter 2026 underlying pretax profit rose 14%, as revenue increased 10% and reported net profit reached 2.7 billion. Global Wealth Management attracted 55 billion in net new assets, and UBS expects year-end gross cost savings of around 13.7 billion.
1. Profit and revenue growth
UBS attributed a 14% rise in third-quarter 2026 underlying pretax profit to higher revenue and disciplined cost management. Revenue increased 10%, outpacing expense growth, while reported net profit reached 2.7 billion.
2. Business performance
Global Wealth Management attracted 55 billion in net new assets, with inflows led by Asia-Pacific and the Americas. Investment Bank pretax profit rose 9%, supported by strong equities trading despite weaker Global Banking revenue.
3. Cost savings outlook
Management expects cumulative gross cost savings of around 13.7 billion by year-end, exceeding its 13.5 billion ambition as integration nears completion.
